Yum China (NYSE:YUMC - Get Free Report) insider Warton Wang sold 3,700 shares of the business's stock in a transaction dated Friday, November 6th. The shares were sold at an average price of $50.56, for a total transaction of $187,072.00. Following the completion of the sale, the insider directly owned 50,823 shares of the company's stock, valued at $2,569,610.88. This represents a 6.79% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website.
Warton Wang also recently made the following trade(s):
- On Thursday, November 5th, Warton Wang sold 5,493 shares of Yum China stock. The stock was sold at an average price of $50.63, for a total transaction of $278,110.59.
Yum China Stock Down 0.2%
Shares of YUMC opened at $49.87 on Tuesday. Yum China has a 12 month low of $39.72 and a 12 month high of $58.39. The firm's 50 day moving average is $43.58 and its 200-day moving average is $46.86. The stock has a market capitalization of $17.08 billion, a PE ratio of 17.25, a P/E/G ratio of 1.31 and a beta of 0.06. The company has a current ratio of 0.96, a quick ratio of 0.78 and a debt-to-equity ratio of 0.01.
Yum China (NYSE:YUMC - Get Free Report) last released its quarterly earnings results on Tuesday, November 3rd. The company reported $0.91 earnings per share for the quarter, beating analysts' consensus estimates of $0.88 by $0.03. The company had revenue of $3.48 billion during the quarter, compared to the consensus estimate of $3.50 billion. Yum China had a net margin of 7.90% and a return on equity of 16.49%. The firm's quarterly revenue was up 8.5% on a year-over-year basis. During the same period in the previous year, the business earned $0.76 earnings per share. Equities research analysts forecast that Yum China will post 2.95 EPS for the current year.
Yum China Announces Dividend
The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, December 22nd. Shareholders of record on Tuesday, December 1st will be paid a dividend of $0.29 per share. This represents a $1.16 dividend on an annualized basis and a yield of 2.3%. The ex-dividend date is Tuesday, December 1st. Yum China's dividend payout ratio (DPR) is 40.28%.
Wall Street Analyst Weigh In
A number of analysts have recently weighed in on the company. The Goldman Sachs Group reiterated a "buy" rating and set a $59.00 target price on shares of Yum China in a research report on Thursday, July 30th. Weiss Ratings raised Yum China from a "hold (c)" rating to a "hold (c+)" rating in a report on Monday, November 2nd. Finally, Wall Street Zen cut Yum China from a "buy" rating to a "hold" rating in a research report on Saturday, October 10th. Three research analysts have rated the stock with a Buy rating and one has given a Hold rating to the company's stock. According to MarketBeat, the company has a consensus rating of "Moderate Buy" and a consensus price target of $59.21.
Check Out Our Latest Stock Analysis on Yum China
Hedge Funds Weigh In On Yum China
Hedge funds have recently bought and sold shares of the company. Bell Investment Advisors Inc grew its holdings in Yum China by 55.5% during the third quarter. Bell Investment Advisors Inc now owns 726 shares of the company's stock valued at $30,000 after purchasing an additional 259 shares during the period. Kestra Advisory Services LLC increased its holdings in shares of Yum China by 3.5% in the 3rd quarter. Kestra Advisory Services LLC now owns 7,714 shares of the company's stock worth $317,000 after buying an additional 259 shares during the last quarter. Eastern Bank raised its holdings in Yum China by 12.6% during the 2nd quarter. Eastern Bank now owns 2,984 shares of the company's stock valued at $122,000 after buying an additional 335 shares during the period. Ethic Inc. lifted its stake in Yum China by 3.4% in the third quarter. Ethic Inc. now owns 10,352 shares of the company's stock worth $425,000 after purchasing an additional 345 shares during the last quarter. Finally, Lido Advisors LLC boosted its stake in shares of Yum China by 6.7% during the first quarter. Lido Advisors LLC now owns 7,214 shares of the company's stock valued at $352,000 after purchasing an additional 451 shares during the period. 85.58% of the stock is owned by institutional investors.
About Yum China
(
Get Free Report)
Yum China Holdings operates quick-service and casual-dining restaurants in China. Its portfolio includes KFC and Pizza Hut, along with local and regional brands such as Little Sheep and Huang Ji Huang. The company was separated from Yum! Brands in 2016 and became an independent, publicly traded company.
Its restaurants serve a range of meals and beverages, including fried chicken, burgers, pizza, hot pot and other Chinese-style dishes, as well as coffee. Yum China also offers delivery and digital ordering services through its apps and other platforms.
Yum China's operations are focused on China, where it serves customers through a broad restaurant network.
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