Yum China Holdings, Inc. (NYSE:YUMC) Insider Duoduo (Howard) Huang Sells 6,377 Shares of Stock

Yum China Holdings, Inc. (NYSE:YUMC) insider Duoduo (Howard) Huang sold 6,377 shares of the company’s stock in a transaction that occurred on Monday, November 25th. The stock was sold at an average price of $47.47, for a total transaction of $302,716.19. Following the transaction, the insider now owns 16,641 shares of the company’s stock, valued at approximately $789,948.27. This represents a 27.70 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link.

Yum China Stock Up 2.9 %

Shares of NYSE:YUMC opened at $46.78 on Thursday. The business has a fifty day simple moving average of $45.63 and a 200 day simple moving average of $37.68. Yum China Holdings, Inc. has a 12-month low of $28.50 and a 12-month high of $52.00. The firm has a market cap of $17.77 billion, a P/E ratio of 20.70, a P/E/G ratio of 1.61 and a beta of 0.36. The company has a quick ratio of 1.15, a current ratio of 1.29 and a debt-to-equity ratio of 0.01.

Yum China (NYSE:YUMC) last posted its quarterly earnings data on Monday, November 4th. The company reported $0.77 EPS for the quarter, topping analysts’ consensus estimates of $0.68 by $0.09. The company had revenue of $3.07 billion for the quarter, compared to analyst estimates of $3.03 billion. Yum China had a return on equity of 13.39% and a net margin of 7.97%. The firm’s quarterly revenue was up 5.4% on a year-over-year basis. During the same period in the previous year, the firm earned $0.59 earnings per share. Analysts predict that Yum China Holdings, Inc. will post 2.33 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 17th. Stockholders of record on Tuesday, November 26th will be paid a $0.16 dividend. This represents a $0.64 dividend on an annualized basis and a dividend yield of 1.37%. The ex-dividend date is Tuesday, November 26th. Yum China’s dividend payout ratio is currently 28.32%.

Analysts Set New Price Targets

Several research analysts have recently issued reports on YUMC shares. Macquarie upgraded shares of Yum China from an “underperform” rating to an “outperform” rating and upped their price target for the stock from $30.00 to $37.40 in a report on Tuesday, August 6th. StockNews.com raised Yum China from a “hold” rating to a “buy” rating in a report on Friday, November 15th. Citigroup upgraded Yum China to a “strong-buy” rating in a report on Monday, September 30th. Finally, JPMorgan Chase & Co. raised Yum China from a “neutral” rating to an “overweight” rating and upped their price objective for the company from $35.50 to $60.00 in a research note on Tuesday, November 5th. Five analysts have rated the stock with a buy rating and one has given a strong buy rating to the company. Based on data from MarketBeat, the company currently has a consensus rating of “Buy” and a consensus target price of $51.68.

Hedge Funds Weigh In On Yum China

Hedge funds have recently bought and sold shares of the company. Farther Finance Advisors LLC grew its holdings in Yum China by 43.9% during the 3rd quarter. Farther Finance Advisors LLC now owns 846 shares of the company’s stock worth $38,000 after acquiring an additional 258 shares during the period. Blair William & Co. IL grew its stake in Yum China by 1.2% during the second quarter. Blair William & Co. IL now owns 25,639 shares of the company’s stock worth $791,000 after purchasing an additional 302 shares during the period. D.A. Davidson & CO. increased its holdings in Yum China by 1.3% in the third quarter. D.A. Davidson & CO. now owns 23,692 shares of the company’s stock worth $1,067,000 after purchasing an additional 304 shares in the last quarter. Advisors Asset Management Inc. lifted its stake in Yum China by 2.6% in the third quarter. Advisors Asset Management Inc. now owns 12,659 shares of the company’s stock valued at $570,000 after buying an additional 323 shares during the period. Finally, Carmichael Hill & Associates Inc. boosted its holdings in shares of Yum China by 12.1% during the 2nd quarter. Carmichael Hill & Associates Inc. now owns 3,338 shares of the company’s stock worth $103,000 after buying an additional 360 shares in the last quarter. Institutional investors own 85.58% of the company’s stock.

Yum China Company Profile

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.