Yum China (NYSE:YUMC) Reaches New 12-Month High at $48.28

Yum China Holdings Inc (NYSE:YUMC) shares reached a new 52-week high during trading on Thursday . The stock traded as high as $48.28 and last traded at $47.92, with a volume of 85918 shares traded. The stock had previously closed at $46.34.

Separately, Zacks Investment Research lowered Yum China from a “strong-buy” rating to a “hold” rating and set a $53.00 price target for the company. in a research report on Friday, July 5th. One research analyst has rated the stock with a hold rating and five have issued a buy rating to the company. Yum China has an average rating of “Buy” and an average price target of $51.65.

The firm has a 50-day moving average price of $44.54 and a 200 day moving average price of $43.56. The firm has a market capitalization of $17.71 billion, a PE ratio of 31.31, a price-to-earnings-growth ratio of 2.83 and a beta of 1.14. The company has a quick ratio of 1.12, a current ratio of 1.31 and a debt-to-equity ratio of 0.01.



Yum China (NYSE:YUMC) last released its earnings results on Tuesday, July 30th. The company reported $0.46 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $0.37 by $0.09. The firm had revenue of $2.12 billion during the quarter, compared to analyst estimates of $2.16 billion. Yum China had a return on equity of 21.03% and a net margin of 7.91%. Yum China’s revenue was up 2.7% compared to the same quarter last year. During the same period last year, the business posted $0.36 earnings per share. Equities research analysts expect that Yum China Holdings Inc will post 1.71 earnings per share for the current year.

The business also recently announced a quarterly dividend, which will be paid on Tuesday, September 17th. Investors of record on Tuesday, August 27th will be issued a $0.12 dividend. The ex-dividend date of this dividend is Monday, August 26th. This represents a $0.48 dividend on an annualized basis and a yield of 1.00%. Yum China’s dividend payout ratio (DPR) is presently 31.37%.

In related news, insider Angela Ai sold 13,477 shares of Yum China stock in a transaction on Thursday, August 29th. The stock was sold at an average price of $44.74, for a total value of $602,960.98. Following the completion of the transaction, the insider now directly owns 28,445 shares in the company, valued at $1,272,629.30. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Also, Director Muktesh Pant sold 88,184 shares of Yum China stock in a transaction on Thursday, June 20th. The shares were sold at an average price of $45.76, for a total value of $4,035,299.84. Following the completion of the transaction, the director now owns 403,163 shares of the company’s stock, valued at $18,448,738.88. The disclosure for this sale can be found here. Company insiders own 0.44% of the company’s stock.

A number of large investors have recently added to or reduced their stakes in YUMC. BlackRock Inc. lifted its holdings in Yum China by 19.5% during the 1st quarter. BlackRock Inc. now owns 39,168,859 shares of the company’s stock worth $1,759,077,000 after buying an additional 6,383,587 shares during the last quarter. Invesco Ltd. lifted its holdings in Yum China by 497.0% during the 2nd quarter. Invesco Ltd. now owns 35,798,550 shares of the company’s stock worth $1,653,894,000 after buying an additional 29,802,453 shares during the last quarter. OppenheimerFunds Inc. lifted its holdings in Yum China by 83.4% during the 1st quarter. OppenheimerFunds Inc. now owns 17,160,157 shares of the company’s stock worth $770,663,000 after buying an additional 7,804,046 shares during the last quarter. JPMorgan Chase & Co. lifted its holdings in Yum China by 20.0% during the 2nd quarter. JPMorgan Chase & Co. now owns 12,968,619 shares of the company’s stock worth $597,595,000 after buying an additional 2,163,983 shares during the last quarter. Finally, Matthews International Capital Management LLC lifted its holdings in Yum China by 9.1% during the 2nd quarter. Matthews International Capital Management LLC now owns 5,491,810 shares of the company’s stock worth $253,722,000 after buying an additional 458,200 shares during the last quarter. Hedge funds and other institutional investors own 85.19% of the company’s stock.

About Yum China (NYSE:YUMC)

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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