Yum China Holdings Inc (NYSE:YUMC) was the recipient of a significant increase in short interest during the month of November. As of November 15th, there was short interest totalling 6,453,428 shares, an increase of 59.1% from the October 31st total of 4,056,177 shares. Based on an average daily trading volume, of 1,878,675 shares, the short-interest ratio is currently 3.4 days. Currently, 1.8% of the shares of the company are sold short.

Yum China (NYSE:YUMC) opened at $40.57 on Friday. The company has a debt-to-equity ratio of 0.01, a quick ratio of 1.42 and a current ratio of 1.69. The firm has a market capitalization of $15,590.00 and a P/E ratio of 29.45. Yum China has a 52 week low of $25.53 and a 52 week high of $43.55.

Yum China (NYSE:YUMC) last announced its earnings results on Thursday, October 5th. The company reported $0.52 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $0.56 by ($0.04). The business had revenue of $2.04 billion for the quarter, compared to analyst estimates of $1.98 billion. Yum China had a return on equity of 21.35% and a net margin of 8.43%. The company’s quarterly revenue was up 8.2% compared to the same quarter last year. During the same period in the previous year, the company earned $0.52 earnings per share. research analysts anticipate that Yum China will post 1.44 earnings per share for the current year.

The firm also recently announced a special dividend, which will be paid on Thursday, December 21st. Stockholders of record on Thursday, November 30th will be paid a dividend of $0.10 per share. The ex-dividend date of this dividend is Wednesday, November 29th. Yum China’s payout ratio is 6.62%.

In related news, insider Danny Tan sold 2,124 shares of the company’s stock in a transaction that occurred on Monday, October 9th. The stock was sold at an average price of $41.84, for a total value of $88,868.16. The sale was disclosed in a document filed with the SEC, which is available at this link. Also, insider Angela Ai sold 17,678 shares of the company’s stock in a transaction that occurred on Thursday, October 12th. The shares were sold at an average price of $43.05, for a total value of $761,037.90. The disclosure for this sale can be found here. 0.23% of the stock is owned by corporate insiders.

Several hedge funds have recently made changes to their positions in YUMC. Parkside Financial Bank & Trust raised its stake in shares of Yum China by 3.9% during the 2nd quarter. Parkside Financial Bank & Trust now owns 2,719 shares of the company’s stock worth $107,000 after buying an additional 102 shares during the period. San Francisco Sentry Investment Group CA acquired a new position in shares of Yum China during the 2nd quarter worth approximately $157,000. Nippon Life Insurance Co. acquired a new position in shares of Yum China during the 2nd quarter worth approximately $162,000. Tower Research Capital LLC TRC acquired a new position in shares of Yum China during the 2nd quarter worth approximately $176,000. Finally, Goelzer Investment Management Inc. acquired a new position in shares of Yum China during the 3rd quarter worth approximately $201,000. 86.54% of the stock is owned by institutional investors and hedge funds.

YUMC has been the topic of several recent research reports. Zacks Investment Research lowered Yum China from a “hold” rating to a “sell” rating in a research report on Wednesday, September 6th. Citigroup initiated coverage on Yum China in a research report on Monday, September 18th. They issued a “buy” rating and a $51.00 price objective on the stock. Oppenheimer restated a “buy” rating and issued a $43.00 price objective on shares of Yum China in a research report on Friday, September 29th. CIBC restated an “outperform” rating and issued a $45.00 price objective (up previously from $43.00) on shares of Yum China in a research report on Friday, October 6th. Finally, Deutsche Bank upgraded Yum China from a “hold” rating to a “buy” rating and set a $45.30 price objective on the stock in a research report on Friday, October 6th. Two investment analysts have rated the stock with a sell rating, three have assigned a hold rating and eight have assigned a buy rating to the stock. Yum China presently has an average rating of “Hold” and a consensus target price of $43.38.

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Yum China Company Profile

Yum China Holdings, Inc is a restaurant company. The Company’s segments include KFC, Pizza Hut Casual Dining, and All Other Segments, including Pizza Hut Home Service, East Dawning, Little Sheep and Taco Bell. As of December 31, 2016, the Company had over 7,500 restaurants in China. Its restaurant base consists of various restaurant concepts.

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