Robert Blaine Aiken, Jr. Buys 3,000 Shares of Yum China Holdings, Inc. (NYSE:YUMC) Stock

Yum China Holdings, Inc. (NYSE:YUMC) Director Robert Blaine Aiken, Jr. purchased 3,000 shares of the company’s stock in a transaction dated Friday, August 16th. The stock was purchased at an average price of $33.74 per share, for a total transaction of $101,220.00. Following the completion of the purchase, the director now owns 12,088 shares in the company, valued at $407,849.12. The transaction was disclosed in a filing with the SEC, which is available at this link.

Yum China Price Performance

NYSE:YUMC opened at $33.16 on Wednesday. The company has a quick ratio of 1.09, a current ratio of 1.23 and a debt-to-equity ratio of 0.01. The business’s 50-day simple moving average is $31.75 and its two-hundred day simple moving average is $36.40. The stock has a market cap of $12.92 billion, a PE ratio of 16.66, a P/E/G ratio of 1.39 and a beta of 0.33. Yum China Holdings, Inc. has a 52 week low of $28.50 and a 52 week high of $58.21.

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

Yum China Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, September 17th. Shareholders of record on Tuesday, August 27th will be issued a dividend of $0.16 per share. The ex-dividend date is Tuesday, August 27th. This represents a $0.64 dividend on an annualized basis and a yield of 1.93%. Yum China’s dividend payout ratio is presently 32.16%.

Institutional Investors Weigh In On Yum China

Large investors have recently made changes to their positions in the company. Mather Group LLC. bought a new stake in shares of Yum China in the first quarter worth about $26,000. Eagle Bay Advisors LLC increased its holdings in shares of 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 shares of Yum China in the first quarter worth about $36,000. Johnson Financial Group Inc. increased its holdings in shares of Yum China by 3,107.1% in the fourth quarter. Johnson Financial Group Inc. now owns 898 shares of the company’s stock worth $38,000 after purchasing an additional 870 shares during the last quarter. Finally, Pathway Financial Advisers LLC bought a new stake in shares of Yum China in the first quarter worth about $39,000. 85.58% of the stock is owned by institutional investors.

Analyst Ratings Changes

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

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.