Yum China (YUMC) Upgraded by Bank of America to Neutral

Yum China (NYSE:YUMC) was upgraded by investment analysts at Bank of America from an “underperform” rating to a “neutral” rating in a report issued on Wednesday, The Fly reports.

A number of other equities analysts also recently commented on the stock. Oppenheimer downgraded shares of Yum China from an “outperform” rating to a “market perform” rating and set a $33.00 price objective for the company. in a research report on Friday, August 17th. UBS Group downgraded shares of Yum China from an “outperform” rating to a “market perform” rating in a research report on Friday, August 17th. Zacks Investment Research upgraded shares of Yum China from a “strong sell” rating to a “hold” rating in a research report on Tuesday, September 18th. Finally, Macquarie downgraded shares of Yum China from an “outperform” rating to a “neutral” rating in a research report on Thursday, August 2nd. One investment analyst has rated the stock with a sell rating, four have given a hold rating and one has issued a buy rating to the stock. The stock has an average rating of “Hold” and a consensus price target of $42.50.

YUMC stock opened at $31.69 on Wednesday. Yum China has a 12 month low of $30.10 and a 12 month high of $48.75. The firm has a market capitalization of $12.16 billion, a P/E ratio of 22.32, a price-to-earnings-growth ratio of 1.45 and a beta of 1.11. The company has a quick ratio of 1.51, a current ratio of 1.74 and a debt-to-equity ratio of 0.01.



Yum China (NYSE:YUMC) last released its quarterly earnings results on Tuesday, October 30th. The company reported $0.51 EPS for the quarter, beating the consensus estimate of $0.45 by $0.06. The firm had revenue of $2.21 billion during the quarter, compared to the consensus estimate of $2.24 billion. Yum China had a net margin of 6.45% and a return on equity of 20.94%. Yum China’s revenue for the quarter was up 3.8% on a year-over-year basis. During the same quarter in the prior year, the firm earned $0.52 EPS. On average, equities research analysts forecast that Yum China will post 1.51 earnings per share for the current fiscal year.

In other Yum China news, insider Angela Ai sold 4,529 shares of the company’s stock in a transaction on Friday, September 7th. The shares were sold at an average price of $38.25, for a total transaction of $173,234.25. Following the completion of the transaction, the insider now owns 9,000 shares in the company, valued at approximately $344,250. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. 0.37% of the stock is currently owned by corporate insiders.

Several large investors have recently bought and sold shares of YUMC. Legacy Advisors LLC grew its stake in shares of Yum China by 660.8% during the 2nd quarter. Legacy Advisors LLC now owns 3,043 shares of the company’s stock worth $117,000 after purchasing an additional 2,643 shares during the period. Amussen Hunsaker Associates LLC acquired a new position in shares of Yum China during the 2nd quarter worth $130,000. Capital Investment Advisors LLC acquired a new position in shares of Yum China during the 2nd quarter worth $140,000. Cerebellum GP LLC acquired a new position in shares of Yum China during the 3rd quarter worth $197,000. Finally, CenterStar Asset Management LLC acquired a new position in shares of Yum China during the 3rd quarter worth $202,000. 82.67% of the stock is currently owned by institutional investors and hedge funds.

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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