Shares of Yum China Holdings Inc (NYSE:YUMC) have been assigned a consensus recommendation of “Buy” from the fourteen brokerages that are currently covering the stock, MarketBeat reports. One research analyst has rated the stock with a sell rating, four have assigned a hold rating and nine have given a buy rating to the company. The average 12 month price target among analysts that have issued ratings on the stock in the last year is $44.51.
Several brokerages recently issued reports on YUMC. Morgan Stanley dropped their price objective on Yum China from $49.00 to $48.00 and set an “overweight” rating on the stock in a research note on Tuesday. Zacks Investment Research raised Yum China from a “sell” rating to a “hold” rating in a research note on Thursday, March 15th. Finally, Macquarie began coverage on Yum China in a research note on Wednesday, January 3rd. They issued an “outperform” rating and a $55.00 price objective on the stock.
Shares of YUMC stock traded up $0.10 during midday trading on Wednesday, hitting $40.10. The stock had a trading volume of 2,892,090 shares, compared to its average volume of 2,240,016. The company has a debt-to-equity ratio of 0.01, a quick ratio of 1.48 and a current ratio of 1.77. Yum China has a 12-month low of $26.07 and a 12-month high of $48.75. The stock has a market capitalization of $15,429.88, a P/E ratio of 39.70, a price-to-earnings-growth ratio of 2.09 and a beta of 1.26.
Yum China (NYSE:YUMC) last announced its quarterly earnings data on Wednesday, February 7th. The company reported $0.19 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.17 by $0.02. Yum China had a return on equity of 20.59% and a net margin of 5.64%. The company had revenue of $2.23 billion for the quarter, compared to analysts’ expectations of $2.15 billion. During the same quarter in the prior year, the firm earned $0.17 earnings per share. Yum China’s revenue was up 12.6% compared to the same quarter last year. research analysts expect that Yum China will post 1.59 EPS for the current year.
The business also recently announced a Not Available dividend, which was paid on Wednesday, March 21st. Shareholders of record on Wednesday, February 28th were given a dividend of $0.10 per share. The ex-dividend date was Tuesday, February 27th. This represents a yield of 0.00248200546041201%. Yum China’s dividend payout ratio (DPR) is presently 19.80%.
In other Yum China news, Director Jonathan S. Linen acquired 4,000 shares of the stock in a transaction dated Friday, February 9th. The stock was purchased at an average price of $39.76 per share, with a total value of $159,040.00. Following the transaction, the director now directly owns 41,236 shares of the company’s stock, valued at $1,639,543.36. The acquisition was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, insider Riu Sun sold 10,054 shares of the firm’s stock in a transaction on Monday, February 12th. The stock was sold at an average price of $40.15, for a total value of $403,668.10. Following the completion of the sale, the insider now directly owns 17,622 shares of the company’s stock, valued at approximately $707,523.30. The disclosure for this sale can be found here. 0.23% of the stock is currently owned by company insiders.
Several institutional investors have recently bought and sold shares of the company. Truewealth LLC purchased a new position in Yum China in the 4th quarter worth $129,000. Burney Co. purchased a new position in Yum China in the 4th quarter worth $202,000. Dimensional Fund Advisors LP purchased a new position in Yum China in the 2nd quarter worth $267,000. Circle Wealth Management LLC raised its stake in Yum China by 26.9% in the 4th quarter. Circle Wealth Management LLC now owns 7,082 shares of the company’s stock worth $283,000 after acquiring an additional 1,500 shares during the last quarter. Finally, Meadow Creek Investment Management LLC raised its stake in Yum China by 1,092.3% in the 4th quarter. Meadow Creek Investment Management LLC now owns 9,920 shares of the company’s stock worth $397,000 after acquiring an additional 9,088 shares during the last quarter. 79.84% of the stock is owned by hedge funds and other institutional investors.
ILLEGAL ACTIVITY NOTICE: This piece was first posted by The Ledger Gazette and is the sole property of of The Ledger Gazette. If you are viewing this piece on another domain, it was illegally stolen and reposted in violation of US & international copyright legislation. The original version of this piece can be accessed at https://ledgergazette.com/2018/03/24/analysts-set-yum-china-holdings-inc-yumc-pt-at-44-51.html.
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.
Receive News & Ratings for Yum China Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Yum China and related companies with MarketBeat.com's FREE daily email newsletter.