Yum China Holdings, Inc. (NYSE:YUMC - Get Free Report) shares reached a new 52-week high on Monday . The stock traded as high as $53.31 and last traded at $53.18, with a volume of 1068135 shares trading hands. The stock had previously closed at $51.30.
Wall Street Analyst Weigh In
Separately, StockNews.com cut Yum China from a "buy" rating to a "hold" rating in a research report on Tuesday, February 25th.
Get Our Latest Stock Analysis on Yum China
Yum China Stock Down 1.2 %
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 has a 50 day simple moving average of $47.65 and a 200-day simple moving average of $45.79. The stock has a market capitalization of $19.53 billion, a price-to-earnings ratio of 22.28, a price-to-earnings-growth ratio of 1.72 and a beta of 0.35.
Yum China (NYSE:YUMC - Get Free Report) last released its quarterly earnings data on Thursday, February 6th. The company reported $0.30 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.31 by ($0.01). Yum China had a return on equity of 13.83% and a net margin of 8.06%. On average, sell-side analysts forecast that Yum China Holdings, Inc. will post 2.54 EPS for the current fiscal year.
Yum China Increases Dividend
The firm also recently announced a quarterly dividend, which will be paid on Thursday, March 27th. Stockholders of record on Thursday, March 6th will be paid a $0.24 dividend. The ex-dividend date of this dividend is Thursday, March 6th. This is a positive change 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 1.85%. Yum China's dividend payout ratio (DPR) is 41.20%.
Insider Activity
In other Yum China news, CEO Joey Wat sold 37,252 shares of the firm's stock in a transaction dated 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 transaction, the chief executive officer now owns 382,657 shares in the company, valued at approximately $19,021,879.47. This trade represents a 8.87 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, insider Jeff Kuai sold 3,900 shares of Yum China stock in a transaction dated Monday, February 17th. The shares were sold at an average price of $48.21, for a total value of $188,019.00. Following the transaction, the insider now owns 56,602 shares in the company, valued at $2,728,782.42. This trade represents a 6.45 % decrease in their position. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 45,152 shares of company stock worth $2,242,176. 0.30% of the stock is owned by corporate insiders.
Institutional Investors Weigh In On Yum China
A number of hedge funds and other institutional investors have recently bought and sold shares of YUMC. GeoWealth Management LLC raised its position in Yum China by 689.6% in the 4th quarter. GeoWealth Management LLC now owns 529 shares of the company's stock valued at $25,000 after buying an additional 462 shares during the last quarter. Kentucky Trust Co acquired a new position in shares of Yum China during the 4th quarter worth approximately $29,000. Graney & King LLC acquired a new position in shares of Yum China during the 4th quarter worth approximately $39,000. EverSource Wealth Advisors LLC increased its position in shares of Yum China by 58.5% during the 4th quarter. EverSource Wealth Advisors LLC now owns 878 shares of the company's stock worth $42,000 after purchasing an additional 324 shares during the last quarter. Finally, Atlas Capital Advisors Inc. acquired a new position in shares of Yum China during the 4th quarter worth approximately $48,000. Institutional investors and hedge funds own 85.58% of the company's stock.
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.
Further Reading
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