Yum China (NYSE:YUMC – Get Free Report) insider Jeff Kuai sold 5,167 shares of the business’s stock in a transaction on Thursday, November 20th. The shares were sold at an average price of $48.00, for a total value of $248,016.00. Following the sale, the insider owned 56,602 shares in the company, valued at approximately $2,716,896. The trade was a 8.37% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website.
Yum China Stock Up 1.3%
Shares of NYSE YUMC opened at $48.00 on Friday. The company has a quick ratio of 1.22, a current ratio of 1.39 and a debt-to-equity ratio of 0.01. The company has a market cap of $17.35 billion, a P/E ratio of 19.83, a P/E/G ratio of 1.63 and a beta of 0.18. Yum China has a 52 week low of $41.00 and a 52 week high of $53.99. The business has a 50-day simple moving average of $44.22 and a two-hundred day simple moving average of $44.78.
Yum China (NYSE:YUMC – Get Free Report) last announced its quarterly earnings results on Tuesday, November 4th. The company reported $0.76 earnings per share (EPS) for the quarter, hitting analysts’ consensus estimates of $0.76. Yum China had a net margin of 8.04% and a return on equity of 14.13%. The firm had revenue of $3.21 billion for the quarter, compared to the consensus estimate of $3.20 billion. During the same period in the prior year, the firm posted $0.77 earnings per share. The company’s revenue for the quarter was up 4.4% on a year-over-year basis. Research analysts anticipate that Yum China will post 2.54 earnings per share for the current fiscal year.
Yum China Announces Dividend
Analyst Upgrades and Downgrades
Separately, Weiss Ratings restated a “hold (c)” rating on shares of Yum China in a research report on Wednesday, October 8th. One investment analyst has rated the stock with a Strong Buy rating and one has issued a Hold rating to the stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Buy”.
Get Our Latest Research Report on YUMC
Institutional Inflows and Outflows
Institutional investors have recently modified their holdings of the stock. Jackson Grant Investment Advisers Inc. lifted its position in Yum China by 526.3% during the third quarter. Jackson Grant Investment Advisers Inc. now owns 595 shares of the company’s stock valued at $26,000 after purchasing an additional 500 shares during the last quarter. Quent Capital LLC purchased a new stake in shares of Yum China during the 3rd quarter valued at $28,000. Bell Investment Advisors Inc lifted its holdings in shares of Yum China by 95.6% during the 2nd quarter. Bell Investment Advisors Inc now owns 665 shares of the company’s stock worth $30,000 after acquiring an additional 325 shares during the last quarter. SouthState Corp grew its position in Yum China by 4,915.4% in the first quarter. SouthState Corp now owns 652 shares of the company’s stock worth $34,000 after acquiring an additional 639 shares in the last quarter. Finally, Marshall & Sullivan Inc. WA purchased a new position in Yum China in the second quarter worth $36,000. 85.58% of the stock is currently owned by institutional investors.
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.
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