Yum China (NYSE:YUMC) Insider Warton Wang Sells 3,700 Shares of Company Stock

Yum China (NYSE:YUMC) insider Warton Wang sold 3,700 shares of the business’s stock in a transaction that occurred on Friday, November 6th. The stock was sold at an average price of $50.56, for a total value of $187,072.00. Following the transaction, the insider directly owned 50,823 shares in the company, valued at $2,569,610.88. The trade was a 6.79% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink.

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

• On Thursday, November 5th, Warton Wang sold 5,493 shares of Yum China stock. The shares were sold at an average price of $50.63, for a total value of $278,110.59.

Yum China Trading Down 0.2%

Shares of Yum China stock opened at $49.87 on Tuesday. The business has a fifty day simple moving average of $43.58 and a two-hundred day simple moving average of $46.86. Yum China has a 1 year low of $39.72 and a 1 year high of $58.39. The company has a market capitalization of $17.08 billion, a price-to-earnings ratio of 17.25, a P/E/G ratio of 1.31 and a beta of 0.06. The company has a debt-to-equity ratio of 0.01, a current ratio of 0.96 and a quick ratio of 0.78.

Yum China (NYSE:YUMC) last released its quarterly earnings data on Tuesday, November 3rd. The company reported $0.91 EPS for the quarter, topping analysts’ consensus estimates of $0.88 by $0.03. Yum China had a net margin of 7.90% and a return on equity of 16.49%. The firm had revenue of $3.48 billion during the quarter, compared to analysts’ expectations of $3.50 billion. During the same period in the previous year, the business posted $0.76 earnings per share. The company’s revenue for the quarter was up 8.5% compared to the same quarter last year. Research analysts forecast that Yum China will post 2.95 EPS for the current year.

Yum China Announces Dividend

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

Analyst Ratings Changes

A number of research analysts recently commented on YUMC shares. Wall Street Zen lowered shares of Yum China from a “buy” rating to a “hold” rating in a research note on Saturday, October 10th. The Goldman Sachs Group restated a “buy” rating and set a $59.00 price objective on shares of Yum China in a research report on Thursday, July 30th. Finally, Weiss Ratings upgraded shares of Yum China from a “hold (c)” rating to a “hold (c+)” rating in a research report on Monday, November 2nd. Three research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company’s stock. According to MarketBeat, Yum China currently has an average rating of “Moderate Buy” and an average target price of $59.21.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently added to or reduced their stakes in YUMC. Main Street Group LTD acquired a new position in Yum China in the 1st quarter valued at $26,000. Ascentis Independent Advisors acquired a new stake in shares of Yum China during the first quarter worth $27,000. Mitsubishi UFJ Asset Management Co. Ltd. acquired a new stake in shares of Yum China during the second quarter worth $29,000. Bell Investment Advisors Inc boosted its position in shares of Yum China by 55.5% in the third quarter. Bell Investment Advisors Inc now owns 726 shares of the company’s stock valued at $30,000 after acquiring an additional 259 shares during the period. Finally, Jacobi Capital Management LLC bought a new stake in shares of Yum China in the third quarter valued at about $32,000. 85.58% of the stock is owned by institutional investors and hedge funds.

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.