Yum China Holdings Inc (NYSE:YUMC) insider Alice H. Wang sold 1,697 shares of the stock in a transaction dated Tuesday, May 7th. The shares were sold at an average price of $46.09, for a total transaction of $78,214.73. Following the completion of the sale, the insider now owns 10,120 shares of the company’s stock, valued at approximately $466,430.80. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink.
NYSE:YUMC traded up $0.71 during mid-day trading on Friday, hitting $40.01. 3,326,608 shares of the company’s stock were exchanged, compared to its average volume of 2,673,425. Yum China Holdings Inc has a one year low of $30.10 and a one year high of $48.27. The company has a debt-to-equity ratio of 0.01, a current ratio of 1.30 and a quick ratio of 1.13. The firm has a market capitalization of $14.66 billion, a P/E ratio of 26.15, a PEG ratio of 2.37 and a beta of 0.81.
Yum China (NYSE:YUMC) last issued its earnings results on Monday, April 29th. The company reported $0.59 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.52 by $0.07. The firm had revenue of $2.30 billion for the quarter, compared to the consensus estimate of $2.27 billion. Yum China had a net margin of 7.55% and a return on equity of 20.36%. The business’s revenue was up 3.7% on a year-over-year basis. During the same quarter in the prior year, the firm posted $0.53 earnings per share. On average, equities research analysts expect that Yum China Holdings Inc will post 1.68 earnings per share for the current fiscal year.
A number of analysts have recently issued reports on the stock. JPMorgan Chase & Co. lifted their price objective on shares of Yum China from $36.50 to $48.00 and gave the stock an “overweight” rating in a report on Monday, March 18th. Bank of America raised shares of Yum China from a “neutral” rating to a “buy” rating and set a $47.20 price objective for the company in a report on Tuesday, April 30th. Goldman Sachs Group upgraded shares of Yum China from a “neutral” rating to a “buy” rating and lifted their target price for the stock from $43.00 to $54.00 in a research report on Wednesday, April 17th. OTR Global upgraded shares of Yum China to a “positive” rating in a research report on Thursday, April 11th. Finally, Zacks Investment Research upgraded shares of Yum China from a “sell” rating to a “hold” rating in a research report on Monday, February 4th. Three analysts have rated the stock with a hold rating and five have issued a buy rating to the company. Yum China presently has a consensus rating of “Buy” and a consensus price target of $47.88.
Several hedge funds and other institutional investors have recently modified their holdings of the company. Lavaca Capital LLC purchased a new position in shares of Yum China during the fourth quarter valued at approximately $25,000. Paragon Capital Management LLC purchased a new stake in Yum China during the first quarter valued at approximately $26,000. Doyle Wealth Management purchased a new stake in Yum China during the fourth quarter valued at approximately $28,000. Baldwin Brothers Inc. MA purchased a new stake in Yum China during the first quarter valued at approximately $28,000. Finally, Intercontinental Wealth Advisors LLC purchased a new stake in shares of Yum China in the fourth quarter worth $34,000. Hedge funds and other institutional investors own 80.36% of the company’s stock.
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About Yum China
Yum China Holdings, Inc owns, operates, and franchises restaurants in China. The company operates in two segments, KFC and Pizza Hut. It operates restaurants under the KFC, Pizza Hut, Taco Bell, East Dawning, Little Sheep, and COFFii & JOY brands, which specialize in chicken, pizza, hot pot cooking, Chinese food, Mexican-style food, and coffee categories.
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