Key Points
- Yum China insider Jerry Ding sold 3,000 shares for $149,340 at an average price of $49.78, reducing his position by 69.69% to 1,305 shares.
- The company reported quarterly EPS of $0.91, beating the $0.88 consensus, while revenue of $3.48 billion came in slightly below estimates and rose 8.5% year over year.
- Yum China announced a quarterly dividend of $0.29 per share (2.4% annualized yield); analysts’ consensus rating was Moderate Buy, with a $59.21 target price.
Yum China (NYSE:YUMC - Get Free Report) insider Jerry Ding sold 3,000 shares of Yum China stock in a transaction that occurred on Monday, November 9th. The stock was sold at an average price of $49.78, for a total transaction of $149,340.00. Following the completion of the sale, the insider directly owned 1,305 shares of the company's stock, valued at approximately $64,962.90. This trade represents a 69.69% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink.
Yum China Price Performance
Shares of YUMC opened at $49.28 on Friday. The firm has a market cap of $16.60 billion, a PE ratio of 17.11, a P/E/G ratio of 1.28 and a beta of 0.06. The company has a current ratio of 0.67, a quick ratio of 0.55 and a debt-to-equity ratio of 0.01. The firm has a fifty day simple moving average of $43.86 and a two-hundred day simple moving average of $46.87. Yum China has a 1-year low of $39.72 and a 1-year high of $58.39.
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 (EPS) for the quarter, topping analysts' consensus estimates of $0.88 by $0.03. The firm had revenue of $3.48 billion for the quarter, compared to the consensus estimate of $3.50 billion. Yum China had a return on equity of 16.48% and a net margin of 7.90%. The company's revenue for the quarter was up 8.5% on a year-over-year basis. During the same period last year, the business posted $0.76 EPS. On average, equities analysts anticipate that Yum China will post 2.95 EPS for the current year.
Yum China Dividend Announcement
The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, December 22nd. Investors of record on Tuesday, December 1st will be given a dividend of $0.29 per share. This represents a $1.16 dividend on an annualized basis and a yield of 2.4%. The ex-dividend date is Tuesday, December 1st. Yum China's dividend payout ratio is 40.28%.
Analyst Ratings Changes
Several research firms have issued reports on YUMC. Weiss Ratings raised Yum China from a "hold (c)" rating to a "hold (c+)" rating in a report on Monday, November 2nd. The Goldman Sachs Group reaffirmed a "buy" rating and issued a $59.00 target price on shares of Yum China in a report on Thursday, July 30th. Finally, Wall Street Zen lowered Yum China from a "buy" rating to a "hold" rating in a research note on Saturday, October 10th. Three equities research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company's stock. According to data from MarketBeat, the stock has a consensus rating of "Moderate Buy" and a consensus target price of $59.21.
Get Our Latest Analysis on Yum China
Institutional Inflows and Outflows
A number of large investors have recently added to or reduced their stakes in the business. Nykredit A S bought a new stake in shares of Yum China during the second quarter valued at approximately $7,154,000. Tidal Investments LLC bought a new position in shares of Yum China during the second quarter worth $3,192,000. BlackRock Inc. bought a new position in shares of Yum China during the second quarter worth $18,090,000. Sapient Capital LLC bought a new position in shares of Yum China during the first quarter worth $8,453,000. Finally, GSA Capital Partners LLP purchased a new position in Yum China during the second quarter valued at $2,831,000. 85.58% of the stock is owned by hedge funds and other 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.
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