Duoduo (Howard) Huang Sells 6,377 Shares of Yum China Holdings, Inc. (NYSE:YUMC) Stock

Yum China Holdings, Inc. (NYSE:YUMC) insider Duoduo (Howard) Huang sold 6,377 shares of the business’s stock in a transaction on Monday, November 25th. The stock was sold at an average price of $47.47, for a total transaction of $302,716.19. Following the transaction, the insider now directly owns 16,641 shares in the company, valued at approximately $789,948.27. The trade was a 27.70 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website.

Yum China Stock Performance

Shares of Yum China stock opened at $46.78 on Friday. The company has a debt-to-equity ratio of 0.01, a quick ratio of 1.15 and a current ratio of 1.29. Yum China Holdings, Inc. has a 1 year low of $28.50 and a 1 year high of $52.00. The firm’s 50-day simple moving average is $45.86 and its 200-day simple moving average is $37.74. The firm has a market cap of $17.77 billion, a PE ratio of 20.70, a price-to-earnings-growth ratio of 1.66 and a beta of 0.36.

Yum China (NYSE:YUMC) last announced its quarterly earnings data on Monday, November 4th. The company reported $0.77 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.68 by $0.09. The firm had revenue of $3.07 billion for the quarter, compared to analysts’ expectations of $3.03 billion. Yum China had a return on equity of 13.39% and a net margin of 7.97%. Yum China’s revenue for the quarter was up 5.4% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $0.59 earnings per share. Equities analysts forecast that Yum China Holdings, Inc. will post 2.33 earnings per share for the current fiscal year.

Yum China Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, December 17th. Shareholders of record on Tuesday, November 26th will be issued a $0.16 dividend. This represents a $0.64 dividend on an annualized basis and a yield of 1.37%. The ex-dividend date of this dividend is Tuesday, November 26th. Yum China’s dividend payout ratio is presently 28.32%.

Analyst Ratings Changes

Several equities research analysts recently issued reports on YUMC shares. StockNews.com raised shares of Yum China from a “hold” rating to a “buy” rating in a research note on Friday, November 15th. Macquarie raised Yum China from an “underperform” rating to an “outperform” rating and lifted their target price for the stock from $30.00 to $37.40 in a research report on Tuesday, August 6th. JPMorgan Chase & Co. raised Yum China from a “neutral” rating to an “overweight” rating and increased their price target for the company from $35.50 to $60.00 in a report on Tuesday, November 5th. Finally, Citigroup upgraded Yum China to a “strong-buy” rating in a report on Monday, September 30th. Five research analysts have rated the stock with a buy rating and one has assigned a strong buy rating to the stock. According to data from MarketBeat, the company currently has a consensus rating of “Buy” and an average price target of $51.68.

Institutional Trading of Yum China

Several institutional investors have recently added to or reduced their stakes in YUMC. Massachusetts Financial Services Co. MA boosted its holdings in shares of Yum China by 1.0% in the 2nd quarter. Massachusetts Financial Services Co. MA now owns 11,967,353 shares of the company’s stock valued at $369,073,000 after buying an additional 121,617 shares during the period. Principal Financial Group Inc. lifted its holdings in Yum China by 49.6% in the third quarter. Principal Financial Group Inc. now owns 7,865,803 shares of the company’s stock worth $356,206,000 after acquiring an additional 2,609,494 shares during the last quarter. Mondrian Investment Partners LTD boosted its stake in Yum China by 56.3% in the second quarter. Mondrian Investment Partners LTD now owns 4,394,628 shares of the company’s stock valued at $133,203,000 after acquiring an additional 1,582,859 shares during the period. Waverton Investment Management Ltd grew its holdings in shares of Yum China by 350.7% during the third quarter. Waverton Investment Management Ltd now owns 4,203,087 shares of the company’s stock valued at $189,202,000 after purchasing an additional 3,270,560 shares during the last quarter. Finally, FMR LLC raised its position in shares of Yum China by 4,176.5% during the 3rd quarter. FMR LLC now owns 3,588,977 shares of the company’s stock worth $161,576,000 after purchasing an additional 3,505,053 shares during the period. Institutional investors own 85.58% of the company’s stock.

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.