Yum China Holdings, Inc. (NYSE:YUMC) CEO Acquires $129,124.00 in Stock

Yum China Holdings, Inc. (NYSE:YUMC) CEO Joey Wat purchased 3,800 shares of Yum China stock in a transaction dated Wednesday, August 14th. The stock was bought at an average price of $33.98 per share, for a total transaction of $129,124.00. Following the completion of the purchase, the chief executive officer now owns 272,944 shares in the company, valued at approximately $9,274,637.12. The acquisition was disclosed in a document filed with the SEC, which is accessible through this hyperlink.

Yum China Stock Performance

Yum China stock opened at $33.55 on Friday. The business has a 50 day moving average of $31.79 and a 200-day moving average of $36.41. The company has a market capitalization of $13.07 billion, a P/E ratio of 16.86, a P/E/G ratio of 1.38 and a beta of 0.33. Yum China Holdings, Inc. has a 1 year low of $28.50 and a 1 year high of $58.21. The company has a debt-to-equity ratio of 0.01, a current ratio of 1.23 and a quick ratio of 1.24.

Yum China (NYSE:YUMC) last announced its quarterly earnings results on Monday, August 5th. The company reported $0.55 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.47 by $0.08. The firm had revenue of $2.68 billion during the quarter, compared to analysts’ expectations of $2.76 billion. Yum China had a net margin of 7.61% and a return on equity of 12.41%. The company’s revenue was up .9% on a year-over-year basis. During the same period in the prior year, the company posted $0.47 EPS. On average, equities research analysts predict that Yum China Holdings, Inc. will post 2.2 earnings per share for the current year.

Yum China Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Tuesday, September 17th. Shareholders of record on Tuesday, August 27th will be issued a dividend of $0.16 per share. This represents a $0.64 annualized dividend and a yield of 1.91%. The ex-dividend date of this dividend is Tuesday, August 27th. Yum China’s payout ratio is presently 32.16%.

Wall Street Analyst Weigh In

Separately, Macquarie upgraded shares of Yum China from an “underperform” rating to an “outperform” rating and raised their target price for the company from $30.00 to $37.40 in a research report on Tuesday, August 6th. Two research analysts have rated the stock with a hold rating and four have assigned a buy rating to the stock. Based on data from MarketBeat, Yum China currently has an average rating of “Moderate Buy” and a consensus target price of $51.20.

Institutional Investors Weigh In On Yum China

A number of institutional investors have recently made changes to their positions in the stock. Norges Bank acquired a new position in shares of Yum China in the fourth quarter worth approximately $265,777,000. GUARDCAP ASSET MANAGEMENT Ltd lifted its position in shares of Yum China by 38.4% in the 1st quarter. GUARDCAP ASSET MANAGEMENT Ltd now owns 12,223,942 shares of the company’s stock worth $486,391,000 after purchasing an additional 3,389,987 shares during the period. Dodge & Cox boosted its stake in shares of Yum China by 23,769.2% in the 4th quarter. Dodge & Cox now owns 3,165,531 shares of the company’s stock valued at $134,313,000 after purchasing an additional 3,152,269 shares during the last quarter. Earnest Partners LLC acquired a new stake in shares of Yum China during the first quarter worth $65,645,000. Finally, Mondrian Investment Partners LTD raised its stake in Yum China by 56.3% during the second quarter. Mondrian Investment Partners LTD now owns 4,394,628 shares of the company’s stock worth $133,203,000 after buying an additional 1,582,859 shares during the last quarter. Institutional investors own 85.58% of the company’s stock.

About Yum China

Yum China Holdings, Inc owns, operates, and franchises restaurants in the People's Republic of China. The company operates through KFC, Pizza Hut, and All Other segments. It operates restaurants under the KFC, Pizza Hut, Taco Bell, Lavazza, Little Sheep, and Huang Ji Huang concepts. The company also operates V-Gold Mall, a mobile e-commerce platform to sell products; and offers online food deliver services.