Insider Selling: Yum China (NYSE:YUMC) Insider Sells $187,072.00 in Stock

Yum China (NYSE:YUMC) insider Warton Wang sold 3,700 shares of the firm’s stock in a transaction dated Friday, November 6th. The stock was sold at an average price of $50.56, for a total transaction of $187,072.00. Following the sale, the insider owned 50,823 shares of the company’s stock, valued at approximately $2,569,610.88. The trade was a 6.79% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink.

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

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

Yum China Stock Up 0.0%

Shares of YUMC opened at $49.95 on Monday. The company’s 50-day moving average price is $43.49 and its 200 day moving average price is $46.86. Yum China has a 12-month low of $39.72 and a 12-month high of $58.39. The company has a current ratio of 0.67, a quick ratio of 0.55 and a debt-to-equity ratio of 0.01. The firm has a market cap of $16.83 billion, a P/E ratio of 17.35, a price-to-earnings-growth ratio of 1.30 and a beta of 0.06.

Yum China (NYSE:YUMC) last released its earnings results on Tuesday, November 3rd. The company reported $0.91 earnings per share for the quarter, beating the consensus estimate of $0.88 by $0.03. The company had revenue of $3.48 billion during 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%. Yum China’s revenue was up 8.5% compared to the same quarter last year. During the same period in the previous year, the company posted $0.76 EPS. On average, sell-side analysts forecast that Yum China will post 2.95 earnings per share for the current year.

Yum China Announces Dividend

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

Institutional Inflows and Outflows

A number of institutional investors have recently modified their holdings of the stock. Main Street Group LTD purchased a new position in Yum China in the 1st quarter valued at $26,000. Ascentis Independent Advisors purchased a new position in Yum China during the 1st quarter worth $27,000. Mitsubishi UFJ Asset Management Co. Ltd. purchased a new position in Yum China during the 2nd quarter worth $29,000. Bell Investment Advisors Inc raised its position in Yum China by 55.5% during the 3rd quarter. Bell Investment Advisors Inc now owns 726 shares of the company’s stock worth $30,000 after buying an additional 259 shares during the last quarter. Finally, Jacobi Capital Management LLC acquired a new stake in shares of Yum China in the 3rd quarter worth $32,000. Institutional investors and hedge funds own 85.58% of the company’s stock.

Wall Street Analysts Forecast Growth

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

About Yum China

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.

Yum China’s operations are focused on China, where it serves customers through a broad restaurant network.