Yum China (NYSE:YUMC) Insider Sells $278,110.59 in Stock

Yum China (NYSE:YUMC) insider Warton Wang sold 5,493 shares of the company’s stock in a transaction on Thursday, November 5th. The shares were sold at an average price of $50.63, for a total value of $278,110.59. Following the completion of the transaction, the insider directly owned 60,580 shares in the company, valued at approximately $3,067,165.40. This trade represents a 8.31% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link.

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 Stock Down 1.4%

Yum China stock opened at $49.04 on Thursday. Yum China has a fifty-two week low of $39.72 and a fifty-two week 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. The firm has a 50 day moving average price of $43.77 and a 200 day moving average price of $46.86. The company has a market capitalization of $16.52 billion, a PE ratio of 17.03, a price-to-earnings-growth ratio of 1.29 and a beta of 0.06.

Yum China (NYSE:YUMC) last announced its 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. Yum China had a return on equity of 16.48% and a net margin of 7.90%. The company had revenue of $3.48 billion for the quarter, compared to analyst estimates of $3.50 billion. During the same quarter in the previous year, the company earned $0.76 earnings per share. The firm’s quarterly revenue was up 8.5% compared to the same quarter last year. Research analysts expect that Yum China will post 2.95 earnings per share for the current year.

Yum China Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, December 22nd. Stockholders of record on Tuesday, December 1st will be paid a $0.29 dividend. The ex-dividend date of this dividend is Tuesday, December 1st. This represents a $1.16 dividend on an annualized basis and a dividend yield of 2.4%. Yum China’s payout ratio is presently 40.28%.

Institutional Trading of Yum China

Large investors have recently made changes to their positions in the company. Advisors Asset Management Inc. purchased a new position in Yum China in the third quarter worth approximately $837,000. Ieq Capital LLC acquired a new position in Yum China during the 3rd quarter worth approximately $662,000. Boston Partners increased its position in shares of Yum China by 54.4% in the 3rd quarter. Boston Partners now owns 36,731 shares of the company’s stock valued at $1,510,000 after purchasing an additional 12,949 shares during the last quarter. Voya Investment Management LLC increased its position in shares of Yum China by 56.7% in the 3rd quarter. Voya Investment Management LLC now owns 42,993 shares of the company’s stock valued at $1,769,000 after purchasing an additional 15,550 shares during the last quarter. Finally, Teachers Retirement System of The State of Kentucky increased its position in shares of Yum China by 16.4% in the 3rd quarter. Teachers Retirement System of The State of Kentucky now owns 878,810 shares of the company’s stock valued at $36,118,000 after purchasing an additional 123,700 shares during the last quarter. 85.58% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

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