Insider Selling: Yum China Holdings Inc (NYSE:YUMC) CFO Sells 1,724 Shares of Stock

Yum China Holdings Inc (NYSE:YUMC) CFO Jacky Wei-Jye Lo sold 1,724 shares of the business’s stock in a transaction dated Monday, April 1st. The shares were sold at an average price of $45.00, for a total value of $77,580.00. Following the completion of the sale, the chief financial officer now directly owns 9,008 shares of the company’s stock, valued at $405,360. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink.

Jacky Wei-Jye Lo also recently made the following trade(s):

  • On Friday, March 29th, Jacky Wei-Jye Lo sold 2,065 shares of Yum China stock. The shares were sold at an average price of $44.50, for a total value of $91,892.50.
  • On Monday, March 18th, Jacky Wei-Jye Lo sold 1,995 shares of Yum China stock. The stock was sold at an average price of $43.50, for a total value of $86,782.50.

Shares of Yum China stock traded down $0.30 during trading hours on Wednesday, reaching $44.02. 2,568,443 shares of the company’s stock were exchanged, compared to its average volume of 2,424,448. Yum China Holdings Inc has a 52-week low of $30.10 and a 52-week high of $46.19. The firm has a market cap of $16.73 billion, a PE ratio of 28.77, a P/E/G ratio of 3.15 and a beta of 0.80. The company has a quick ratio of 1.31, a current ratio of 1.56 and a debt-to-equity ratio of 0.01.

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

Several equities analysts have issued reports on YUMC shares. Zacks Investment Research cut Yum China from a “hold” rating to a “sell” rating in a research report on Saturday, January 12th. TheStreet upgraded Yum China from a “c+” rating to a “b” rating in a report on Thursday, January 24th. JPMorgan Chase & Co. upped their price target on Yum China from $36.50 to $48.00 and gave the stock an “overweight” rating in a report on Monday, March 18th. OTR Global upgraded Yum China to a “positive” rating in a report on Thursday, April 11th. Finally, Goldman Sachs Group raised Yum China from a “neutral” rating to a “buy” rating and upped their target price for the company from $43.00 to $54.00 in a research note on Wednesday, April 17th. Five analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. Yum China has a consensus rating of “Hold” and an average target price of $43.80.

Several institutional investors and hedge funds have recently modified their holdings of the stock. Lavaca Capital LLC acquired a new stake in Yum China in the 4th quarter valued at $25,000. Paragon Capital Management LLC acquired a new stake in Yum China in the 1st quarter valued at $26,000. Doyle Wealth Management acquired a new stake in Yum China in the 4th quarter valued at $28,000. Baldwin Brothers Inc. MA acquired a new stake in Yum China in the 1st quarter valued at $28,000. Finally, Intercontinental Wealth Advisors LLC acquired a new stake in Yum China in the 4th quarter valued at $34,000. 78.11% of the stock is currently owned by institutional investors and hedge funds.

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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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