Yum China Holdings Inc (YUMC) Insider Sells $768,206.30 in Stock

Yum China Holdings Inc (NYSE:YUMC) insider Shella Ng sold 17,341 shares of the company’s stock in a transaction dated Wednesday, March 27th. The stock was sold at an average price of $44.30, for a total value of $768,206.30. Following the sale, the insider now owns 50,365 shares in the company, valued at approximately $2,231,169.50. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link.

NYSE:YUMC traded up $0.90 during trading hours on Friday, reaching $45.24. 1,684,659 shares of the company were exchanged, compared to its average volume of 2,381,229. The company has a market capitalization of $17.14 billion, a P/E ratio of 29.57, a P/E/G ratio of 3.15 and a beta of 0.80. Yum China Holdings Inc has a 1-year low of $30.10 and a 1-year high of $46.19. The company has a debt-to-equity ratio of 0.01, a current ratio of 1.56 and a quick ratio of 1.31.

Yum China (NYSE:YUMC) last issued its quarterly earnings results on Thursday, January 31st. The company reported $0.12 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $0.07 by $0.05. The business had revenue of $1.91 billion for the quarter, compared to the consensus estimate of $1.94 billion. Yum China had a return on equity of 19.62% and a net margin of 8.41%. On average, sell-side analysts anticipate that Yum China Holdings Inc will post 1.64 EPS for the current fiscal year.

Several research firms have issued reports on YUMC. Zacks Investment Research lowered Yum China from a “hold” rating to a “sell” rating in a research note on Saturday, January 12th. Goldman Sachs Group upgraded Yum China from a “neutral” rating to a “buy” rating and upped their price objective for the company from $43.00 to $54.00 in a research note on Wednesday. JPMorgan Chase & Co. upped their target price on Yum China from $36.50 to $48.00 and gave the company an “overweight” rating in a research report on Monday, March 18th. OTR Global raised Yum China to a “positive” rating in a research report on Thursday, April 11th. Finally, TheStreet raised Yum China from a “c+” rating to a “b” rating in a research report on Thursday, January 24th. Five analysts have rated the stock with a hold rating and three have given a buy rating to the company’s stock. The company presently has an average rating of “Hold” and a consensus target price of $43.80.

Several hedge funds have recently modified their holdings of the business. Legacy Advisors LLC bought a new position in shares of Yum China in the 1st quarter valued at $137,000. New Silk Road Investment PTE Ltd. lifted its stake in shares of Yum China by 35.3% in the 4th quarter. New Silk Road Investment PTE Ltd. now owns 1,044,344 shares of the company’s stock valued at $35,017,000 after acquiring an additional 272,700 shares during the last quarter. Oaktree Capital Management LP lifted its stake in shares of Yum China by 46.5% in the 4th quarter. Oaktree Capital Management LP now owns 900,168 shares of the company’s stock valued at $30,183,000 after acquiring an additional 285,668 shares during the last quarter. Quantamental Technologies LLC bought a new position in Yum China during the 4th quarter worth $57,000. Finally, KEYWISE CAPITAL MANAGEMENT Ltd bought a new position in Yum China during the 4th quarter worth $1,398,000. 78.11% of the stock is currently owned by hedge funds and other institutional investors.

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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, and Little Sheep brands, which specialize in chicken, pizza, hot pot cooking, Chinese food, and Mexican-style food categories.

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Insider Buying and Selling by Quarter for Yum China (NYSE:YUMC)

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