Yum China Holdings, Inc. (NYSE:YUMC) CTO Leila Zhang Buys 4,000 Shares

Yum China Holdings, Inc. (NYSE:YUMC) CTO Leila Zhang acquired 4,000 shares of the company’s stock in a transaction that occurred on Thursday, August 15th. The shares were acquired at an average cost of $33.36 per share, for a total transaction of $133,440.00. Following the purchase, the chief technology officer now directly owns 41,339 shares of the company’s stock, valued at $1,379,069.04. The purchase was disclosed in a legal filing with the SEC, which is available at this link.

Yum China Stock Down 2.1 %

NYSE:YUMC opened at $33.55 on Friday. The firm has a 50-day simple moving average of $31.79 and a two-hundred day simple moving average of $36.41. The firm has a market cap of $13.07 billion, a P/E ratio of 16.86, a P/E/G ratio of 1.38 and a beta of 0.33. Yum China Holdings, Inc. has a fifty-two week low of $28.50 and a fifty-two week high of $58.21. The company has a debt-to-equity ratio of 0.01, a quick ratio of 1.24 and a current ratio of 1.23.

Yum China (NYSE:YUMC) last announced its quarterly earnings data on Monday, August 5th. The company reported $0.55 earnings per share for the quarter, topping analysts’ consensus estimates of $0.47 by $0.08. Yum China had a net margin of 7.61% and a return on equity of 12.41%. The company had revenue of $2.68 billion during the quarter, compared to analyst estimates of $2.76 billion. During the same period in the previous year, the business earned $0.47 EPS. The firm’s revenue for the quarter was up .9% on a year-over-year basis. Analysts predict that Yum China Holdings, Inc. will post 2.2 earnings per share for the current fiscal year.

Yum China Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 17th. Investors of record on Tuesday, August 27th will be given a dividend of $0.16 per share. The ex-dividend date is Tuesday, August 27th. This represents a $0.64 annualized dividend and a dividend yield of 1.91%. Yum China’s dividend payout ratio (DPR) is presently 32.16%.

Analyst Ratings Changes

Separately, Macquarie raised Yum China from an “underperform” rating to an “outperform” rating and boosted their price target for the stock from $30.00 to $37.40 in a research report on Tuesday, August 6th. Two equities research analysts have rated the stock with a hold rating and four have assigned a buy rating to the stock. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $51.20.

Hedge Funds Weigh In On Yum China

A number of hedge funds have recently bought and sold shares of the business. Mather Group LLC. bought a new stake in shares of Yum China in the first quarter worth approximately $26,000. Eagle Bay Advisors LLC boosted its holdings in Yum China by 53.7% in the second quarter. Eagle Bay Advisors LLC now owns 1,088 shares of the company’s stock worth $34,000 after purchasing an additional 380 shares during the last quarter. LRI Investments LLC bought a new stake in Yum China in the 1st quarter worth approximately $36,000. Johnson Financial Group Inc. raised its stake in Yum China by 3,107.1% during the 4th quarter. Johnson Financial Group Inc. now owns 898 shares of the company’s stock valued at $38,000 after buying an additional 870 shares during the last quarter. Finally, Pathway Financial Advisers LLC bought a new position in shares of Yum China during the 1st quarter valued at $39,000. Hedge funds and other institutional investors own 85.58% of the company’s stock.

About Yum China

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.