Key Points
- Insider sale: Duoduo (Howard) Huang sold 4,888 Yum China shares on Nov. 24 at an average of $48.10 for $235,112.80, cutting his stake by 17.84% to 22,510 shares (~$1.08M).
- Quarterly results met expectations: Yum China reported $0.76 EPS and $3.21B revenue (up 4.4% YoY), and analysts hold a consensus Buy rating with a $55 price target and projected 2.54 EPS for the year.
- Dividend and balance-sheet metrics: The company declared a $0.24 quarterly dividend (annualized $0.96, ~2.0% yield; ex-dividend Dec. 2, payable Dec. 23) and shows a low debt-to-equity ratio of 0.01 with a $17.35B market cap.
Yum China (NYSE:YUMC - Get Free Report) insider Duoduo (Howard) Huang sold 4,888 shares of the business's stock in a transaction dated Monday, November 24th. The stock was sold at an average price of $48.10, for a total value of $235,112.80. Following the sale, the insider owned 22,510 shares in the company, valued at approximately $1,082,731. The trade was a 17.84% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website.
Yum China Stock Performance
Yum China stock opened at $48.00 on Wednesday. Yum China has a fifty-two week low of $41.00 and a fifty-two week high of $53.99. The firm's 50 day simple moving average is $44.37 and its 200-day simple moving average is $44.84. The company has a debt-to-equity ratio of 0.01, a current ratio of 1.39 and a quick ratio of 1.22. The company has a market cap of $17.35 billion, a P/E ratio of 19.83, a price-to-earnings-growth ratio of 1.63 and a beta of 0.18.
Yum China (NYSE:YUMC - Get Free Report) last issued its quarterly earnings results on Tuesday, November 4th. The company reported $0.76 EPS for the quarter, meeting the consensus estimate of $0.76. Yum China had a net margin of 8.04% and a return on equity of 14.13%. The business had revenue of $3.21 billion during the quarter, compared to the consensus estimate of $3.20 billion. During the same quarter in the prior year, the firm earned $0.77 EPS. The firm's quarterly revenue was up 4.4% on a year-over-year basis. As a group, equities research analysts predict that Yum China will post 2.54 EPS for the current year.
Yum China Announces Dividend
The firm also recently announced a quarterly dividend, which will be paid on Tuesday, December 23rd. Stockholders of record on Tuesday, December 2nd will be given a $0.24 dividend. This represents a $0.96 annualized dividend and a dividend yield of 2.0%. The ex-dividend date of this dividend is Tuesday, December 2nd. Yum China's dividend payout ratio (DPR) is 39.83%.
Analysts Set New Price Targets
A number of research analysts have recently weighed in on the company. CLSA reiterated an "outperform" rating and set a $55.00 price target on shares of Yum China in a report on Tuesday. Weiss Ratings restated a "hold (c)" rating on shares of Yum China in a research report on Wednesday, October 8th. One investment analyst has rated the stock with a Strong Buy rating, one has given a Buy rating and one has given a Hold rating to the stock. According to data from MarketBeat, Yum China currently has a consensus rating of "Buy" and a consensus target price of $55.00.
Get Our Latest Stock Analysis on Yum China
Institutional Investors Weigh In On Yum China
Hedge funds and other institutional investors have recently made changes to their positions in the company. MassMutual Private Wealth & Trust FSB grew its stake in shares of Yum China by 26.7% in the 2nd quarter. MassMutual Private Wealth & Trust FSB now owns 1,052 shares of the company's stock valued at $47,000 after buying an additional 222 shares in the last quarter. Okabena Investment Services Inc. lifted its stake in Yum China by 0.5% in the first quarter. Okabena Investment Services Inc. now owns 50,003 shares of the company's stock valued at $2,603,000 after acquiring an additional 226 shares during the last quarter. Concurrent Investment Advisors LLC lifted its stake in Yum China by 4.7% in the second quarter. Concurrent Investment Advisors LLC now owns 5,106 shares of the company's stock valued at $228,000 after acquiring an additional 230 shares during the last quarter. CreativeOne Wealth LLC grew its position in Yum China by 2.9% in the third quarter. CreativeOne Wealth LLC now owns 8,261 shares of the company's stock worth $355,000 after acquiring an additional 235 shares in the last quarter. Finally, BNP Paribas increased its stake in shares of Yum China by 1.6% during the 2nd quarter. BNP Paribas now owns 15,500 shares of the company's stock worth $694,000 after purchasing an additional 250 shares during the last quarter. 85.58% of the stock is owned by hedge funds and other institutional investors.
Yum China Company Profile
(
Get Free Report)
Yum China Holdings, Inc owns, operates, and franchises restaurants in the People's Republic of China. The company operates through KFC, Pizza Hut, and All Other segments. It operates restaurants under the KFC, Pizza Hut, Taco Bell, Lavazza, Little Sheep, and Huang Ji Huang concepts. The company also operates V-Gold Mall, a mobile e-commerce platform to sell products; and offers online food deliver services.
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