Yum China (NYSE:YUMC) Insider Duoduo (Howard) Huang Sells 24,096 Shares of Stock

Yum China (NYSE:YUMC) insider Duoduo (Howard) Huang sold 24,096 shares of the business’s stock in a transaction on Tuesday, August 18th. The stock was sold at an average price of $47.08, for a total transaction of $1,134,439.68. Following the completion of the sale, the insider owned 7,589 shares of the company’s stock, valued at $357,290.12. The trade was a 76.05% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through the SEC website.

Yum China Stock Performance

NYSE:YUMC opened at $47.53 on Thursday. Yum China has a 1 year low of $40.15 and a 1 year high of $58.39. The firm’s fifty day simple moving average is $44.29 and its 200 day simple moving average is $47.86. The company has a current ratio of 0.96, a quick ratio of 0.78 and a debt-to-equity ratio of 0.01. The firm has a market capitalization of $16.28 billion, a PE ratio of 17.41, a PEG ratio of 1.23 and a beta of 0.09.

Yum China (NYSE:YUMC) last released its earnings results on Thursday, July 30th. The company reported $0.70 earnings per share for the quarter, topping analysts’ consensus estimates of $0.67 by $0.03. The firm had revenue of $3.14 billion during the quarter, compared to analyst estimates of $3.05 billion. Yum China had a net margin of 7.84% and a return on equity of 15.82%. The business’s revenue was up 12.6% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.58 EPS. On average, sell-side analysts anticipate that Yum China will post 2.95 EPS for the current year.

Yum China Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Thursday, September 17th. Shareholders of record on Thursday, August 27th will be issued a $0.29 dividend. The ex-dividend date of this dividend is Thursday, August 27th. This represents a $1.16 dividend on an annualized basis and a yield of 2.4%. Yum China’s dividend payout ratio is 42.49%.

Institutional Investors Weigh In On Yum China

A number of institutional investors and hedge funds have recently modified their holdings of YUMC. Duncker Streett & Co. Inc. acquired a new position in Yum China during the fourth quarter worth approximately $26,000. Main Street Group LTD acquired a new stake in shares of Yum China in the first quarter valued at approximately $26,000. Elyxium Wealth LLC acquired a new stake in shares of Yum China in the fourth quarter valued at approximately $27,000. Ascentis Independent Advisors bought a new position in shares of Yum China during the 1st quarter worth approximately $27,000. Finally, Cresta Advisors Ltd. acquired a new position in shares of Yum China during the 4th quarter worth approximately $28,000. 85.58% of the stock is owned by institutional investors.

Analysts Set New Price Targets

A number of research firms have recently commented on YUMC. Weiss Ratings downgraded shares of Yum China from a “hold (c+)” rating to a “hold (c)” rating in a report on Tuesday, May 26th. The Goldman Sachs Group reissued a “buy” rating and issued a $59.00 price objective on shares of Yum China in a research report on Thursday, July 30th. Finally, Wall Street Zen upgraded Yum China from a “hold” rating to a “buy” rating in a report on Monday. Three analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus price target of $59.21.

About Yum China

Yum China Holdings, Inc operates as the largest quick-service restaurant company in China, through its ownership and franchising of brands such as KFC, Pizza Hut and Taco Bell. The company’s core business encompasses full-service and fast?casual dining, takeout and delivery channels, as well as ancillary services including loyalty programs and digital ordering platforms. Yum China’s restaurants offer a diverse menu that adapts global brand concepts to local consumer preferences, featuring items such as soy?marinated chicken, customized pizzas and region?inspired side dishes.

In addition to its signature brands, Yum China has expanded its portfolio to include innovative concepts tailored to evolving market trends, such as plant?based offerings, self?service kiosks and mobile app integrations.