Insider Selling: Yum China (NYSE:YUMC) Insider Sells $187,072.00 in Stock

Yum China (NYSE:YUMC) insider Warton Wang sold 3,700 shares of the stock in a transaction on Friday, November 6th. The shares were sold at an average price of $50.56, for a total value of $187,072.00. Following the sale, the insider owned 50,823 shares of the company’s stock, valued at approximately $2,569,610.88. This represents a 6.79% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through the SEC website.

Warton Wang also recently made the following trade(s):

• On Thursday, November 5th, Warton Wang sold 5,493 shares of Yum China stock. The stock was sold at an average price of $50.63, for a total value of $278,110.59.

Yum China Trading Up 0.0%

Shares of Yum China stock opened at $49.95 on Monday. The firm’s 50 day simple moving average is $43.49 and its two-hundred day simple moving average is $46.86. The firm has a market capitalization of $16.83 billion, a price-to-earnings ratio of 17.35, a PEG ratio of 1.30 and a beta of 0.06. Yum China has a 12-month low of $39.72 and a 12-month high of $58.39. The company has a current ratio of 0.67, a quick ratio of 0.55 and a debt-to-equity ratio of 0.01.

Yum China (NYSE:YUMC) last posted its quarterly earnings results on Tuesday, November 3rd. The company reported $0.91 earnings per share for the quarter, beating the consensus estimate of $0.88 by $0.03. The business had revenue of $3.48 billion for the quarter, compared to the consensus estimate of $3.50 billion. Yum China had a return on equity of 16.48% and a net margin of 7.90%. The company’s quarterly revenue was up 8.5% compared to the same quarter last year. During the same quarter in the previous year, the business earned $0.76 EPS. Analysts predict that Yum China will post 2.95 EPS for the current year.

Yum China Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Tuesday, December 22nd. Stockholders of record on Tuesday, December 1st will be issued a dividend of $0.29 per share. This represents a $1.16 annualized dividend and a dividend yield of 2.3%. The ex-dividend date of this dividend is Tuesday, December 1st. Yum China’s payout ratio is 40.28%.

Analyst Upgrades and Downgrades

Several brokerages recently weighed in on YUMC. The Goldman Sachs Group reaffirmed a “buy” rating and issued a $59.00 price target on shares of Yum China in a report on Thursday, July 30th. Wall Street Zen downgraded Yum China from a “buy” rating to a “hold” rating in a research report on Saturday, October 10th. Finally, Weiss Ratings raised Yum China from a “hold (c)” rating to a “hold (c+)” rating in a report on Monday, November 2nd. Three research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company’s stock. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average target price of $59.21.

Hedge Funds Weigh In On Yum China

A number of hedge funds have recently made changes to their positions in the company. Aberdeen Group plc lifted its holdings in Yum China by 505.1% in the 3rd quarter. Aberdeen Group plc now owns 117,869 shares of the company’s stock valued at $4,844,000 after purchasing an additional 98,390 shares in the last quarter. Allworth Financial LP grew its holdings in shares of Yum China by 12.3% during the third quarter. Allworth Financial LP now owns 11,489 shares of the company’s stock worth $470,000 after buying an additional 1,261 shares in the last quarter. Fisher Asset Management LLC grew its holdings in shares of Yum China by 4.2% during the third quarter. Fisher Asset Management LLC now owns 19,404 shares of the company’s stock worth $798,000 after buying an additional 784 shares in the last quarter. Russell Investments Group Ltd. grew its holdings in shares of Yum China by 79.2% during the third quarter. Russell Investments Group Ltd. now owns 685,528 shares of the company’s stock worth $28,177,000 after buying an additional 302,896 shares in the last quarter. Finally, Eurizon Capital SGR S.p.A. raised its position in shares of Yum China by 43.3% in the third quarter. Eurizon Capital SGR S.p.A. now owns 13,875 shares of the company’s stock valued at $567,000 after buying an additional 4,190 shares during the last quarter. Institutional investors and hedge funds own 85.58% of the company’s stock.

About Yum China

Yum China Holdings operates quick-service and casual-dining restaurants in China. Its portfolio includes KFC and Pizza Hut, along with local and regional brands such as Little Sheep and Huang Ji Huang. The company was separated from Yum! Brands in 2016 and became an independent, publicly traded company.

Its restaurants serve a range of meals and beverages, including fried chicken, burgers, pizza, hot pot and other Chinese-style dishes, as well as coffee. Yum China also offers delivery and digital ordering services through its apps and other platforms.

Yum China’s operations are focused on China, where it serves customers through a broad restaurant network.