Brokerages Set Yum China Holdings, Inc. (NYSE:YUMC) Target Price at $54.65

Shares of Yum China Holdings, Inc. (NYSE:YUMC) have been given an average recommendation of “Moderate Buy” by the four research firms that are presently covering the firm, Marketbeat reports. One analyst has rated the stock with a hold rating and three have given a buy rating to the company. The average 12 month price objective among brokerages that have updated their coverage on the stock in the last year is $54.65.

Separately, HSBC reduced their price objective on Yum China from $66.80 to $51.30 and set a “buy” rating on the stock in a report on Wednesday, March 6th.

Hedge Funds Weigh In On Yum China

A number of large investors have recently made changes to their positions in the business. Mather Group LLC. acquired a new position in Yum China during the 1st quarter valued at approximately $26,000. Annis Gardner Whiting Capital Advisors LLC acquired a new stake in Yum China during the third quarter valued at $27,000. NBC Securities Inc. purchased a new position in Yum China in the third quarter valued at $29,000. Johnson Financial Group Inc. raised its position 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 acquiring an additional 870 shares during the period. Finally, Anchor Investment Management LLC purchased a new stake in shares of Yum China during the 4th quarter worth about $40,000. 85.58% of the stock is owned by institutional investors and hedge funds.

Yum China Stock Performance

YUMC stock opened at $38.41 on Wednesday. The firm has a market cap of $15.06 billion, a price-to-earnings ratio of 19.30, a PEG ratio of 1.81 and a beta of 0.46. Yum China has a twelve month low of $33.55 and a twelve month high of $64.50. The company has a quick ratio of 1.24, a current ratio of 1.42 and a debt-to-equity ratio of 0.01. The business’s fifty day simple moving average is $39.64 and its two-hundred day simple moving average is $41.16.

Yum China (NYSE:YUMC) last announced its quarterly earnings data on Monday, April 29th. The company reported $0.71 earnings per share for the quarter, beating analysts’ consensus estimates of $0.65 by $0.06. The company had revenue of $2.96 billion during the quarter, compared to analyst estimates of $3.05 billion. Yum China had a net margin of 7.49% and a return on equity of 11.65%. The firm’s revenue for the quarter was up 1.4% on a year-over-year basis. During the same quarter last year, the business posted $0.69 EPS. Analysts predict that Yum China will post 2.19 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, June 18th. Investors of record on Tuesday, May 28th will be paid a dividend of $0.16 per share. The ex-dividend date of this dividend is Tuesday, May 28th. This represents a $0.64 annualized dividend and a dividend yield of 1.67%. Yum China’s dividend payout ratio (DPR) is presently 32.16%.

About Yum China

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.