Yum China (NYSE:YUMC) Stock: Insider Warton Wang Sells 5,493 Shares

Yum China (NYSE:YUMC) insider Warton Wang sold 5,493 shares of the business’s stock in a transaction dated Thursday, November 5th. The shares were sold at an average price of $50.63, for a total transaction of $278,110.59. Following the completion of the sale, the insider owned 60,580 shares in the company, valued at approximately $3,067,165.40. This trade represents a 8.31% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink.

Warton Wang also recently made the following trade(s):

• On Friday, November 6th, Warton Wang sold 3,700 shares of Yum China stock. The shares were sold at an average price of $50.56, for a total transaction of $187,072.00.

Yum China Trading Down 0.4%

Shares of YUMC stock opened at $49.72 on Wednesday. The company has a debt-to-equity ratio of 0.01, a current ratio of 0.67 and a quick ratio of 0.55. The firm has a market cap of $16.75 billion, a PE ratio of 17.26, a price-to-earnings-growth ratio of 1.30 and a beta of 0.06. The company has a 50-day moving average of $43.69 and a two-hundred day moving average of $46.86. Yum China has a 1-year low of $39.72 and a 1-year high of $58.39.

Yum China (NYSE:YUMC) last released its quarterly earnings results on Tuesday, November 3rd. The company reported $0.91 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.88 by $0.03. The business had revenue of $3.48 billion for the quarter, compared to the consensus estimate of $3.50 billion. Yum China had a net margin of 7.90% and a return on equity of 16.48%. The business’s revenue was up 8.5% on a year-over-year basis. During the same period in the previous year, the firm earned $0.76 EPS. On average, analysts predict that Yum China will post 2.95 EPS for the current year.

Yum China Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Tuesday, December 22nd. Investors of record on Tuesday, December 1st will be issued a $0.29 dividend. This represents a $1.16 annualized dividend and a yield of 2.3%. The ex-dividend date is Tuesday, December 1st. Yum China’s dividend payout ratio (DPR) is 40.28%.

Analyst Upgrades and Downgrades

YUMC has been the topic of a number of research analyst reports. Weiss Ratings raised Yum China from a “hold (c)” rating to a “hold (c+)” rating in a research report on Monday, November 2nd. Wall Street Zen lowered Yum China from a “buy” rating to a “hold” rating in a research report on Saturday, October 10th. Finally, The Goldman Sachs Group reaffirmed a “buy” rating and issued a $59.00 price objective on shares of Yum China in a research note on Thursday, July 30th. Three investment analysts have rated the stock with a Buy rating and one has given a Hold rating to the company’s stock. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $59.21.

Institutional Trading of Yum China

A number of institutional investors and hedge funds have recently bought and sold shares of YUMC. Nykredit A S purchased a new stake in Yum China during the 2nd quarter worth approximately $7,154,000. Tidal Investments LLC acquired a new stake in Yum China during the 2nd quarter worth approximately $3,192,000. BlackRock Inc. purchased a new position in Yum China in the 2nd quarter valued at approximately $18,090,000. Teachers Retirement System of The State of Kentucky boosted its position in Yum China by 42.4% in the 1st quarter. Teachers Retirement System of The State of Kentucky now owns 752,360 shares of the company’s stock valued at $36,701,000 after buying an additional 224,060 shares during the period. Finally, Sapient Capital LLC purchased a new position in Yum China in the 1st quarter valued at approximately $8,453,000. 85.58% of the stock is currently owned by hedge funds and other institutional investors.

Yum China Company Profile

Yum China Holdings operates quick-service and casual-dining restaurants in China. Its portfolio includes KFC and Pizza Hut, along with local and regional brands such as Little Sheep and Huang Ji Huang. The company was separated from Yum! Brands in 2016 and became an independent, publicly traded company. Its restaurants serve a range of meals and beverages, including fried chicken, burgers, pizza, hot pot and other Chinese-style dishes, as well as coffee. Yum China also offers delivery and digital ordering services through its apps and other platforms.