Yum China (NYSE:YUMC) Insider Warton Wang Sells 5,493 Shares of Company Stock

Yum China (NYSE:YUMC) insider Warton Wang sold 5,493 shares of Yum China stock in a transaction that occurred on Thursday, November 5th. The stock was sold at an average price of $50.63, for a total value of $278,110.59. Following the transaction, the insider directly owned 60,580 shares in the company, valued at approximately $3,067,165.40. This trade represents a 8.31% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink.

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

• On Friday, November 6th, Warton Wang sold 3,700 shares of Yum China stock. The shares were sold at an average price of $50.56, for a total value of $187,072.00.

Yum China Price Performance

YUMC stock opened at $49.87 on Tuesday. The company has a market capitalization of $17.08 billion, a P/E ratio of 17.25, a PEG ratio of 1.31 and a beta of 0.06. Yum China has a twelve month low of $39.72 and a twelve month high of $58.39. The business has a 50 day simple moving average of $43.58 and a 200-day simple moving average of $46.86. The company has a current ratio of 0.96, a quick ratio of 0.78 and a debt-to-equity ratio of 0.01.

Yum China (NYSE:YUMC) last announced its earnings results on Tuesday, November 3rd. The company reported $0.91 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.88 by $0.03. The business had revenue of $3.48 billion for the quarter, compared to analyst estimates of $3.50 billion. Yum China had a net margin of 7.90% and a return on equity of 16.49%. The company’s revenue for the quarter was up 8.5% compared to the same quarter last year. During the same period last year, the firm posted $0.76 earnings per share. As a group, equities analysts anticipate that Yum China will post 2.95 EPS for the current year.

Yum China Announces Dividend

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

Wall Street Analysts Forecast Growth

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

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently modified their holdings of the stock. North of South Capital LLP grew its position in Yum China by 28.6% in the 3rd quarter. North of South Capital LLP now owns 1,976,100 shares of the company’s stock valued at $81,218,000 after buying an additional 439,619 shares during the last quarter. Aberdeen Group plc increased its stake 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 buying an additional 98,390 shares during the period. Allworth Financial LP increased its stake in Yum China by 12.3% in the 3rd quarter. Allworth Financial LP now owns 11,489 shares of the company’s stock valued at $470,000 after buying an additional 1,261 shares during the period. Fisher Asset Management LLC raised its position in Yum China by 4.2% during the 3rd quarter. Fisher Asset Management LLC now owns 19,404 shares of the company’s stock worth $798,000 after buying an additional 784 shares during the last quarter. Finally, Russell Investments Group Ltd. raised its position in Yum China by 79.2% during the 3rd 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 during the last quarter. 85.58% of the stock is currently owned by hedge funds and other institutional investors.

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.