Yum China Holdings Inc (NYSE:YUMC) insider Riu Sun sold 10,054 shares of the business’s stock in a transaction dated Monday, February 12th. The shares were sold at an average price of $40.15, for a total value of $403,668.10. Following the sale, the insider now directly owns 17,622 shares of the company’s stock, valued at approximately $707,523.30. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website.
Yum China Holdings Inc (NYSE YUMC) opened at $40.44 on Friday. The company has a market capitalization of $15,540.00 and a PE ratio of 28.28. Yum China Holdings Inc has a one year low of $25.53 and a one year high of $48.75. The company has a debt-to-equity ratio of 0.01, a quick ratio of 1.42 and a current ratio of 1.69.
Yum China (NYSE:YUMC) last issued its quarterly earnings data on Wednesday, February 7th. The company reported $0.19 EPS for the quarter, topping the Zacks’ consensus estimate of $0.17 by $0.02. The company had revenue of $2.23 billion for the quarter, compared to analysts’ expectations of $2.15 billion. Yum China had a return on equity of 21.06% and a net margin of 5.64%. The firm’s quarterly revenue was up 12.6% on a year-over-year basis. During the same quarter in the previous year, the firm posted $0.17 earnings per share. sell-side analysts expect that Yum China Holdings Inc will post 1.6 EPS for the current year.
The business also recently disclosed a Not Available dividend, which will be paid on Wednesday, March 21st. Shareholders of record on Wednesday, February 28th will be paid a dividend of $0.10 per share. This represents a dividend yield of 0.00248200546041201%. The ex-dividend date is Tuesday, February 27th. Yum China’s dividend payout ratio is presently 6.99%.
Several institutional investors and hedge funds have recently modified their holdings of the business. William Blair Investment Management LLC lifted its stake in shares of Yum China by 19.4% during the fourth quarter. William Blair Investment Management LLC now owns 5,611,509 shares of the company’s stock worth $224,573,000 after purchasing an additional 912,317 shares in the last quarter. Compagnie Lombard Odier SCmA lifted its stake in shares of Yum China by 5.9% during the fourth quarter. Compagnie Lombard Odier SCmA now owns 125,385 shares of the company’s stock worth $5,017,000 after purchasing an additional 7,035 shares in the last quarter. Alkeon Capital Management LLC lifted its stake in shares of Yum China by 27.2% during the fourth quarter. Alkeon Capital Management LLC now owns 1,412,230 shares of the company’s stock worth $56,517,000 after purchasing an additional 302,230 shares in the last quarter. BB&T Investment Services Inc. lifted its stake in shares of Yum China by 30.8% during the fourth quarter. BB&T Investment Services Inc. now owns 12,273 shares of the company’s stock worth $482,000 after purchasing an additional 2,893 shares in the last quarter. Finally, Macquarie Group Ltd. lifted its stake in shares of Yum China by 188.7% during the fourth quarter. Macquarie Group Ltd. now owns 582,235 shares of the company’s stock worth $22,156,000 after purchasing an additional 380,561 shares in the last quarter. Institutional investors own 80.30% of the company’s stock.
A number of research firms have issued reports on YUMC. Zacks Investment Research downgraded Yum China from a “hold” rating to a “sell” rating in a research report on Tuesday, December 5th. Macquarie began coverage on Yum China in a research report on Wednesday, January 3rd. They set an “outperform” rating and a $55.00 price target for the company. Two analysts have rated the stock with a sell rating, three have assigned a hold rating and nine have assigned a buy rating to the company. Yum China has an average rating of “Buy” and an average price target of $44.28.
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About Yum China
Yum China Holdings, Inc is a restaurant company. The Company’s segments include KFC, Pizza Hut Casual Dining, and All Other Segments, including Pizza Hut Home Service, East Dawning, Little Sheep and Taco Bell. As of December 31, 2016, the Company had over 7,500 restaurants in China. Its restaurant base consists of various restaurant concepts.
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