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 dated 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 owns 16,641 shares of the company’s stock, valued at approximately $789,948.27. This represents a 27.70 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website.
Yum China Stock Performance
NYSE YUMC opened at $46.78 on Thursday. The company has a fifty day moving average price of $45.63 and a 200-day moving average price of $37.68. The firm has a market cap of $17.77 billion, a price-to-earnings ratio of 20.70, a PEG ratio of 1.61 and a beta of 0.36. The company has a debt-to-equity ratio of 0.01, a current ratio of 1.29 and a quick ratio of 1.15. Yum China Holdings, Inc. has a 1 year low of $28.50 and a 1 year high of $52.00.
Yum China (NYSE:YUMC – Get Free Report) last posted its quarterly earnings data on Monday, November 4th. The company reported $0.77 EPS for the quarter, beating the consensus estimate of $0.68 by $0.09. The firm had revenue of $3.07 billion during the quarter, compared to analyst estimates of $3.03 billion. Yum China had a net margin of 7.97% and a return on equity of 13.39%. The company’s revenue for the quarter was up 5.4% on a year-over-year basis. During the same quarter last year, the business posted $0.59 EPS. As a group, equities research analysts predict that Yum China Holdings, Inc. will post 2.33 EPS for the current fiscal year.
Yum China Dividend Announcement
Institutional Investors Weigh In On Yum China
A number of hedge funds have recently made changes to their positions in YUMC. Farther Finance Advisors LLC increased its holdings in Yum China by 43.9% during 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. LRI Investments LLC purchased a new stake in shares of Yum China during the 1st quarter worth approximately $36,000. McClarren Financial Advisors Inc. raised its holdings in shares of Yum China by 906.5% in the 3rd quarter. McClarren Financial Advisors Inc. now owns 926 shares of the company’s stock worth $42,000 after purchasing an additional 834 shares during the period. Pathway Financial Advisers LLC purchased a new position in Yum China in the first quarter valued at approximately $39,000. Finally, Eagle Bay Advisors LLC lifted its stake in Yum China by 53.7% in the second quarter. Eagle Bay Advisors LLC now owns 1,088 shares of the company’s stock valued at $34,000 after purchasing an additional 380 shares during the last quarter. 85.58% of the stock is currently owned by institutional investors.
Analyst Upgrades and Downgrades
A number of brokerages have commented on YUMC. Macquarie raised Yum China from an “underperform” rating to an “outperform” rating and raised their price objective for the company from $30.00 to $37.40 in a research note on Tuesday, August 6th. JPMorgan Chase & Co. upgraded shares of Yum China from a “neutral” rating to an “overweight” rating and boosted their price target for the company from $35.50 to $60.00 in a research note on Tuesday, November 5th. Citigroup raised shares of Yum China to a “strong-buy” rating in a research note on Monday, September 30th. Finally, StockNews.com upgraded shares of Yum China from a “hold” rating to a “buy” rating in a report on Friday, November 15th. Five investment analysts have rated the stock with a buy rating and one has assigned a strong buy rating to the company. According to MarketBeat.com, the company currently has an average rating of “Buy” and a consensus price target of $51.68.
Read Our Latest Stock Report on YUMC
About Yum China
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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