Yum China Holdings, Inc. (NYSE:YUMC - Get Free Report) insider Duoduo (Howard) Huang sold 6,377 shares of the firm's stock in a transaction that occurred on Monday, November 25th. The shares were sold at an average price of $47.47, for a total value of $302,716.19. Following the completion of the sale, the insider now directly owns 16,641 shares of the company's stock, valued at $789,948.27. This represents a 27.70 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link.
Yum China Stock Performance
Shares of NYSE YUMC traded up $1.63 during mid-day trading on Wednesday, hitting $47.11. The company had a trading volume of 860,052 shares, compared to its average volume of 3,196,118. The stock has a market cap of $17.89 billion, a price-to-earnings ratio of 20.11, a PEG ratio of 1.69 and a beta of 0.36. Yum China Holdings, Inc. has a 12 month low of $28.50 and a 12 month high of $52.00. The company has a debt-to-equity ratio of 0.01, a current ratio of 1.29 and a quick ratio of 1.15. The firm's 50 day simple moving average is $45.39 and its two-hundred day simple moving average is $37.61.
Yum China (NYSE:YUMC - Get Free Report) last posted its earnings results on Monday, November 4th. The company reported $0.77 EPS for the quarter, beating the consensus estimate of $0.68 by $0.09. Yum China had a return on equity of 13.39% and a net margin of 7.97%. The firm had revenue of $3.07 billion for the quarter, compared to analysts' expectations of $3.03 billion. During the same period last year, the firm earned $0.59 EPS. The firm's revenue was up 5.4% compared to the same quarter last year. As a group, equities research analysts forecast that Yum China Holdings, Inc. will post 2.33 earnings per share for the current year.
Yum China Dividend Announcement
The company also recently declared a quarterly dividend, which will be paid on Tuesday, December 17th. Stockholders of record on Tuesday, November 26th will be given a dividend of $0.16 per share. This represents a $0.64 annualized dividend and a dividend yield of 1.36%. The ex-dividend date is Tuesday, November 26th. Yum China's dividend payout ratio (DPR) is presently 28.32%.
Analysts Set New Price Targets
A number of equities research analysts recently weighed in on the company. Macquarie upgraded Yum China from an "underperform" rating to an "outperform" rating and upped their price target for the stock from $30.00 to $37.40 in a report on Tuesday, August 6th. StockNews.com raised Yum China from a "hold" rating to a "buy" rating in a report on Friday, November 15th. JPMorgan Chase & Co. raised Yum China from a "neutral" rating to an "overweight" rating and increased their price target for the company from $35.50 to $60.00 in a report on Tuesday, November 5th. Finally, Citigroup raised Yum China to a "strong-buy" rating in a report on Monday, September 30th. Five investment analysts have rated the stock with a buy rating and one has given a strong buy rating to the company. According to MarketBeat.com, Yum China currently has an average rating of "Buy" and a consensus target price of $51.68.
Read Our Latest Stock Analysis on YUMC
Hedge Funds Weigh In On Yum China
Hedge funds have recently modified their holdings of the stock. Advisors Asset Management Inc. acquired a new stake in shares of Yum China in the 1st quarter valued at $381,000. B. Riley Wealth Advisors Inc. acquired a new stake in shares of Yum China in the first quarter worth about $159,000. California State Teachers Retirement System boosted its stake in shares of Yum China by 15.3% during the 1st quarter. California State Teachers Retirement System now owns 127,693 shares of the company's stock worth $5,081,000 after acquiring an additional 16,981 shares in the last quarter. iA Global Asset Management Inc. increased its holdings in shares of Yum China by 28.2% during the 1st quarter. iA Global Asset Management Inc. now owns 14,469 shares of the company's stock valued at $576,000 after acquiring an additional 3,186 shares during the last quarter. Finally, New Covenant Trust Company N.A. acquired a new stake in Yum China in the 1st quarter worth approximately $93,000. 85.58% of the stock is owned by institutional investors and hedge funds.
About Yum China
(
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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