Yum China Holdings, Inc. (NYSE:YUMC) CTO Leila Zhang Sells 4,000 Shares of Stock

Yum China Holdings, Inc. (NYSE:YUMCGet Free Report) CTO Leila Zhang sold 4,000 shares of the business’s stock in a transaction dated Friday, March 14th. The stock was sold at an average price of $50.59, for a total transaction of $202,360.00. Following the sale, the chief technology officer now directly owns 52,075 shares in the company, valued at $2,634,474.25. The trade was a 7.13 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link.

Yum China Trading Up 5.0 %

Shares of NYSE YUMC opened at $51.53 on Friday. The firm’s 50 day moving average price is $46.92 and its 200-day moving average price is $45.24. The company has a market cap of $19.38 billion, a PE ratio of 22.11, a P/E/G ratio of 1.72 and a beta of 0.35. Yum China Holdings, Inc. has a 52-week low of $28.50 and a 52-week high of $52.00. The company has a debt-to-equity ratio of 0.01, a quick ratio of 1.15 and a current ratio of 1.29.

Yum China (NYSE:YUMCGet Free Report) last issued its quarterly earnings data on Thursday, February 6th. The company reported $0.30 earnings per share for the quarter, missing analysts’ consensus estimates of $0.31 by ($0.01). Yum China had a net margin of 8.06% and a return on equity of 13.83%. On average, equities research analysts expect that Yum China Holdings, Inc. will post 2.54 EPS for the current fiscal year.

Yum China Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, March 27th. Investors of record on Thursday, March 6th will be given a dividend of $0.24 per share. This is an increase from Yum China’s previous quarterly dividend of $0.16. The ex-dividend date of this dividend is Thursday, March 6th. This represents a $0.96 dividend on an annualized basis and a yield of 1.86%. Yum China’s dividend payout ratio is 41.20%.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Janus Henderson Group PLC bought a new position in Yum China during the third quarter valued at approximately $2,177,000. Thrivent Financial for Lutherans lifted its position in Yum China by 21.3% during the third quarter. Thrivent Financial for Lutherans now owns 2,510,386 shares of the company’s stock valued at $113,017,000 after purchasing an additional 441,252 shares during the period. Asset Management One Co. Ltd. increased its holdings in Yum China by 16.6% during the fourth quarter. Asset Management One Co. Ltd. now owns 56,896 shares of the company’s stock valued at $2,794,000 after buying an additional 8,101 shares during the last quarter. Merit Financial Group LLC purchased a new stake in Yum China during the fourth quarter valued at approximately $322,000. Finally, Inspire Investing LLC purchased a new stake in Yum China during the fourth quarter valued at approximately $809,000. Institutional investors own 85.58% of the company’s stock.

Analysts Set New Price Targets

Separately, StockNews.com downgraded shares of Yum China from a “buy” rating to a “hold” rating in a research note on Tuesday, February 25th.

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About Yum China

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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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