Insider Selling: Yum China (NYSE:YUMC) Insider Sells $187,072.00 in Stock

Yum China (NYSE:YUMC) insider Warton Wang sold 3,700 shares of the company’s stock in a transaction dated Friday, November 6th. The shares were sold at an average price of $50.56, for a total transaction of $187,072.00. Following the completion of the sale, the insider directly owned 50,823 shares in the company, valued at approximately $2,569,610.88. The trade was a 6.79% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this link.

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 transaction of $278,110.59.

Yum China Trading Down 1.4%

Yum China stock opened at $49.04 on Thursday. Yum China has a 52 week low of $39.72 and a 52 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 stock has a market capitalization of $16.52 billion, a P/E ratio of 17.03, a PEG ratio of 1.29 and a beta of 0.06. The stock has a 50-day simple moving average of $43.77 and a 200 day simple moving average of $46.86.

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

Yum China Announces Dividend

The firm 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 annualized dividend and a dividend yield of 2.4%. The ex-dividend date is Tuesday, December 1st. Yum China’s payout ratio is currently 40.28%.

Institutional Trading of Yum China

Several hedge funds and other institutional investors have recently modified their holdings of YUMC. Advisors Asset Management Inc. acquired a new position in Yum China in the 3rd quarter valued at about $837,000. Ieq Capital LLC bought a new position in Yum China in the 3rd quarter valued at about $662,000. Boston Partners raised its holdings in 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 acquiring an additional 12,949 shares during the period. Voya Investment Management LLC lifted its position in Yum China by 56.7% during the third quarter. Voya Investment Management LLC now owns 42,993 shares of the company’s stock worth $1,769,000 after acquiring an additional 15,550 shares during the last quarter. Finally, Teachers Retirement System of The State of Kentucky boosted its holdings in shares of Yum China by 16.4% during the third quarter. Teachers Retirement System of The State of Kentucky now owns 878,810 shares of the company’s stock worth $36,118,000 after acquiring an additional 123,700 shares during the period. Institutional investors own 85.58% of the company’s stock.

Analyst Ratings Changes

A number of research analysts recently weighed in on the company. Wall Street Zen lowered Yum China from a “buy” rating to a “hold” rating in a report on Saturday, October 10th. The Goldman Sachs Group reaffirmed a “buy” rating and set a $59.00 price target on shares of Yum China in a report on Thursday, July 30th. Finally, Weiss Ratings raised shares of Yum China from a “hold (c)” rating to a “hold (c+)” rating in a research report on Monday, November 2nd. Three analysts have rated the stock with a Buy rating and one has given a Hold rating to the company. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus target price 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.