Yum China (NYSE:YUMC) Stock: Insider Warton Wang Sells 3,700 Shares

Yum China (NYSE:YUMC) insider Warton Wang sold 3,700 shares of the company’s stock in a transaction that occurred on Friday, November 6th. The stock was sold at an average price of $50.56, for a total value of $187,072.00. Following the completion of the sale, the insider owned 50,823 shares of the company’s stock, valued at $2,569,610.88. This trade represents a 6.79% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website.

Warton Wang also recently made the following trade(s):

• On Thursday, November 5th, Warton Wang sold 5,493 shares of Yum China stock. The shares were sold at an average price of $50.63, for a total value of $278,110.59.

Yum China Stock Down 0.4%

Shares of YUMC stock opened at $49.72 on Wednesday. Yum China has a 1 year low of $39.72 and a 1 year high of $58.39. The stock has a market cap of $16.75 billion, a PE ratio of 17.26, a price-to-earnings-growth ratio of 1.30 and a beta of 0.06. The business’s fifty day moving average is $43.69 and its 200-day moving average is $46.86. The company has a debt-to-equity ratio of 0.01, a quick ratio of 0.55 and a current ratio of 0.67.

Yum China (NYSE:YUMC) last posted its quarterly earnings data on Tuesday, November 3rd. The company reported $0.91 EPS for the quarter, topping analysts’ consensus estimates 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 return on equity of 16.48% and a net margin of 7.90%. The company’s quarterly revenue was up 8.5% compared to the same quarter last year. During the same quarter in the previous year, the business earned $0.76 EPS. Equities analysts expect that Yum China will post 2.95 earnings per share for the current fiscal year.

Yum China Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Tuesday, December 22nd. Investors of record on Tuesday, December 1st will be issued a dividend of $0.29 per share. This represents a $1.16 dividend on an annualized basis and a yield of 2.3%. The ex-dividend date of this dividend is Tuesday, December 1st. Yum China’s payout ratio is presently 40.28%.

Wall Street Analysts Forecast Growth

Several equities analysts have recently weighed in on YUMC shares. Wall Street Zen lowered shares of Yum China from a “buy” rating to a “hold” rating in a research report on Saturday, October 10th. The Goldman Sachs Group reaffirmed a “buy” rating and issued a $59.00 price objective on shares of Yum China in a research note on Thursday, July 30th. Finally, Weiss Ratings upgraded shares of Yum China from a “hold (c)” rating to a “hold (c+)” rating in a report on Monday, November 2nd. Three equities research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the stock. Based on data from MarketBeat.com, Yum China currently has a consensus rating of “Moderate Buy” and a consensus target price of $59.21.

Hedge Funds Weigh In On Yum China

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Nykredit A S acquired a new stake in shares of Yum China in the second quarter worth $7,154,000. Tidal Investments LLC purchased a new position in shares of Yum China during the second quarter valued at $3,192,000. BlackRock Inc. purchased a new position in shares of Yum China during the second quarter valued at $18,090,000. Teachers Retirement System of The State of Kentucky grew its holdings in shares of Yum China by 42.4% during the first quarter. Teachers Retirement System of The State of Kentucky now owns 752,360 shares of the company’s stock valued at $36,701,000 after buying an additional 224,060 shares in the last quarter. Finally, Sapient Capital LLC acquired a new position in Yum China during the first quarter valued at $8,453,000. 85.58% of the stock is currently owned by hedge funds and other institutional investors.

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.