Yum China Holdings Inc (NYSE:YUMC) insider Angela Ai sold 15,683 shares of the company’s stock in a transaction dated Friday, December 6th. The shares were sold at an average price of $45.00, for a total value of $705,735.00. Following the transaction, the insider now directly owns 34,737 shares in the company, valued at $1,563,165. The sale was disclosed in a filing with the SEC, which is available through this link.
NYSE:YUMC traded up $0.25 during mid-day trading on Monday, hitting $45.04. 17,835 shares of the company’s stock traded hands, compared to its average volume of 1,860,440. The company has a fifty day moving average of $43.31 and a 200 day moving average of $43.66. Yum China Holdings Inc has a twelve month low of $31.35 and a twelve month high of $48.36. The company has a market capitalization of $16.84 billion, a P/E ratio of 29.42, a P/E/G ratio of 2.87 and a beta of 1.11. The company has a debt-to-equity ratio of 0.01, a quick ratio of 1.18 and a current ratio of 1.37.
Yum China (NYSE:YUMC) last announced its earnings results on Tuesday, October 29th. The company reported $0.58 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $0.54 by $0.04. Yum China had a return on equity of 21.63% and a net margin of 8.05%. The company had revenue of $2.32 billion for the quarter, compared to analyst estimates of $2.37 billion. During the same period in the prior year, the company posted $0.51 EPS. The firm’s quarterly revenue was up 4.8% compared to the same quarter last year. On average, research analysts expect that Yum China Holdings Inc will post 1.74 earnings per share for the current fiscal year.
Several brokerages recently issued reports on YUMC. Zacks Investment Research raised Yum China from a “hold” rating to a “buy” rating and set a $50.00 target price on the stock in a research report on Saturday, September 14th. ValuEngine lowered Yum China from a “hold” rating to a “sell” rating in a research report on Wednesday, October 2nd. Finally, Jefferies Financial Group began coverage on Yum China in a research report on Monday, October 28th. They set a “buy” rating and a $54.60 target price on the stock. One research analyst has rated the stock with a sell rating and seven have assigned a buy rating to the stock. The company currently has a consensus rating of “Buy” and an average price target of $51.64.
Several hedge funds have recently made changes to their positions in the company. Metropolitan Life Insurance Co NY increased its holdings in shares of Yum China by 125.0% in the third quarter. Metropolitan Life Insurance Co NY now owns 23,227 shares of the company’s stock valued at $1,055,000 after purchasing an additional 12,906 shares during the period. Millennium Management LLC increased its holdings in shares of Yum China by 1,138.0% in the third quarter. Millennium Management LLC now owns 191,886 shares of the company’s stock valued at $8,717,000 after purchasing an additional 176,386 shares during the period. Squarepoint Ops LLC increased its holdings in shares of Yum China by 85.7% in the third quarter. Squarepoint Ops LLC now owns 232,123 shares of the company’s stock valued at $10,545,000 after purchasing an additional 107,104 shares during the period. Adalta Capital Management LLC acquired a new position in shares of Yum China in the third quarter valued at about $409,000. Finally, Public Employees Retirement System of Ohio increased its holdings in shares of Yum China by 5.8% in the third quarter. Public Employees Retirement System of Ohio now owns 436,371 shares of the company’s stock valued at $19,824,000 after purchasing an additional 23,863 shares during the period. 81.53% of the stock is currently owned by institutional investors and hedge funds.
About Yum China
Yum China Holdings, Inc owns, operates, and franchises restaurants in China. The company operates in two segments, KFC and Pizza Hut. It operates restaurants under the KFC, Pizza Hut, Taco Bell, East Dawning, Little Sheep, and COFFii & JOY brands, which specialize in chicken, pizza, hot pot cooking, Chinese food, Mexican-style food, and coffee categories.
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