Yum China Holdings, Inc. (NYSE:YUMC) CEO Joey Wat Sells 37,252 Shares

Yum China Holdings, Inc. (NYSE:YUMC - Get Free Report) CEO Joey Wat sold 37,252 shares of the stock in a transaction that occurred on Wednesday, March 5th. The stock was sold at an average price of $49.71, for a total transaction of $1,851,796.92. Following the completion of the sale, the chief executive officer now directly owns 382,657 shares of the company's stock, valued at $19,021,879.47. This represents a 8.87 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this link.

Yum China Price Performance

YUMC traded up $0.42 during trading on Friday, reaching $49.72. 2,355,274 shares of the company traded hands, compared to its average volume of 2,810,501. The company has a debt-to-equity ratio of 0.01, a quick ratio of 1.15 and a current ratio of 1.29. Yum China Holdings, Inc. has a 12-month low of $28.50 and a 12-month high of $52.00. The firm has a fifty day simple moving average of $46.67 and a 200 day simple moving average of $44.68. The company has a market cap of $18.88 billion, a P/E ratio of 21.34, a PEG ratio of 1.72 and a beta of 0.33.

Yum China (NYSE:YUMC - Get Free Report) last posted its earnings results on Thursday, February 6th. The company reported $0.30 EPS for the quarter, missing analysts' consensus estimates of $0.31 by ($0.01). Yum China had a net margin of 8.06% and a return on equity of 13.83%. On average, equities analysts forecast that Yum China Holdings, Inc. will post 2.54 EPS for the current year.

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Yum China Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, March 27th. Stockholders of record on Thursday, March 6th will be given a dividend of $0.24 per share. This is an increase from Yum China's previous quarterly dividend of $0.16. This represents a $0.96 dividend on an annualized basis and a dividend yield of 1.93%. The ex-dividend date is Thursday, March 6th. Yum China's dividend payout ratio is currently 41.20%.

Wall Street Analyst Weigh In

Separately, StockNews.com lowered shares of Yum China from a "buy" rating to a "hold" rating in a report on Tuesday, February 25th.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently modified their holdings of the company. GeoWealth Management LLC lifted its position in Yum China by 689.6% in the fourth quarter. GeoWealth Management LLC now owns 529 shares of the company's stock worth $25,000 after buying an additional 462 shares during the last quarter. Kentucky Trust Co bought a new stake in Yum China in the fourth quarter worth $29,000. Farther Finance Advisors LLC lifted its position in Yum China by 43.9% in the third quarter. Farther Finance Advisors LLC now owns 846 shares of the company's stock worth $38,000 after buying an additional 258 shares during the last quarter. Graney & King LLC bought a new stake in Yum China in the fourth quarter worth $39,000. Finally, EverSource Wealth Advisors LLC lifted its position in Yum China by 58.5% in the fourth quarter. EverSource Wealth Advisors LLC now owns 878 shares of the company's stock worth $42,000 after buying an additional 324 shares during the last quarter. 85.58% of the stock is currently owned by institutional investors.

Yum China Company Profile

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.