Yum China (NYSE:YUMC) Insider Pingping Liu Sells 1,062 Shares of Stock

Yum China (NYSE:YUMC) insider Pingping Liu sold 1,062 shares of the business’s stock in a transaction on Thursday, November 5th. The shares were sold at an average price of $50.65, for a total transaction of $53,790.30. Following the completion of the sale, the insider directly owned 22,573 shares of the company’s stock, valued at approximately $1,143,322.45. This trade represents a 4.49% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link.

Yum China Stock Performance

Shares of YUMC stock opened at $49.95 on Monday. The stock’s 50-day moving average is $43.49 and its two-hundred day moving average is $46.86. The firm has a market cap of $16.83 billion, a price-to-earnings ratio of 17.35, a PEG ratio of 1.30 and a beta of 0.06. Yum China has a 1 year low of $39.72 and a 1 year high of $58.39. The company has a debt-to-equity ratio of 0.01, a quick ratio of 0.55 and a current ratio of 0.67.

Yum China (NYSE:YUMC) last released its quarterly earnings results on Tuesday, November 3rd. The company reported $0.91 EPS for the quarter, beating the consensus estimate of $0.88 by $0.03. The firm had revenue of $3.48 billion during 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%. Yum China’s revenue for the quarter was up 8.5% on a year-over-year basis. During the same quarter in the prior year, the firm earned $0.76 EPS. Analysts predict that Yum China will post 2.95 earnings per share for the current year.

Yum China Dividend Announcement

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

Institutional Trading of Yum China

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

Wall Street Analysts Forecast Growth

Several equities analysts have issued reports on the stock. The Goldman Sachs Group reissued a “buy” rating and issued a $59.00 price objective on shares of Yum China in a research note on Thursday, July 30th. Weiss Ratings upgraded shares of Yum China from a “hold (c)” rating to a “hold (c+)” rating in a research note on Monday, November 2nd. Finally, Wall Street Zen downgraded shares of Yum China from a “buy” rating to a “hold” rating in a report on Saturday, October 10th. Three investment analysts have rated the stock with a Buy rating and one has given a Hold rating to the company’s stock. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average price target of $59.21.

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.

Yum China’s operations are focused on China, where it serves customers through a broad restaurant network.