Yum China (NYSE:YUMC) Insider Jerry Ding Sells 3,000 Shares of Company Stock

Yum China (NYSE:YUMC) insider Jerry Ding sold 3,000 shares of the firm’s stock in a transaction that occurred on Monday, November 9th. The shares were sold at an average price of $49.78, for a total transaction of $149,340.00. Following the transaction, the insider directly owned 1,305 shares of the company’s stock, valued at $64,962.90. This represents a 69.69% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website.

Yum China Stock Performance

Shares of Yum China stock opened at $49.28 on Friday. The stock has a market cap of $16.60 billion, a price-to-earnings ratio of 17.11, a PEG ratio of 1.28 and a beta of 0.06. The firm’s 50-day moving average is $43.86 and its 200 day moving average is $46.87. 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 current ratio of 0.67 and a quick ratio of 0.55.

Yum China (NYSE:YUMC) last announced its quarterly earnings data on Tuesday, November 3rd. The company reported $0.91 EPS for the quarter, beating the consensus estimate of $0.88 by $0.03. The company had revenue of $3.48 billion for 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 period in the prior year, the firm posted $0.76 EPS. Sell-side analysts anticipate that Yum China will post 2.95 EPS for the current fiscal year.

Yum China Dividend Announcement

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

Institutional Investors Weigh In On Yum China

Institutional investors have recently modified their holdings of the business. Main Street Group LTD purchased a new position in Yum China in the 1st quarter worth about $26,000. Ascentis Independent Advisors bought a new position in Yum China during the 1st quarter valued at about $27,000. Mitsubishi UFJ Asset Management Co. Ltd. purchased a new stake in shares of Yum China during the 2nd quarter valued at about $29,000. Bell Investment Advisors Inc boosted its holdings in shares of Yum China by 55.5% during the 3rd 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 last quarter. Finally, Jacobi Capital Management LLC purchased a new stake in shares of Yum China during the 3rd quarter valued at about $32,000. 85.58% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

YUMC has been the subject of several analyst reports. The Goldman Sachs Group reissued a “buy” rating and set a $59.00 price target on shares of Yum China in a research report on Thursday, July 30th. Wall Street Zen cut Yum China from a “buy” rating to a “hold” rating in a research report on Saturday, October 10th. Finally, Weiss Ratings upgraded Yum China from a “hold (c)” rating to a “hold (c+)” rating in a research note on Monday, November 2nd. Three equities 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.com, Yum China presently has an average rating of “Moderate Buy” and a consensus 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.