Yum China Holdings Inc (YUMC) Insider Mark Chu Sells 22,184 Shares
Yum China Holdings Inc (NASDAQ:YUMC) insider Mark Chu sold 22,184 shares of the firm’s stock in a transaction on Thursday, August 17th. The stock was sold at an average price of $37.72, for a total transaction of $836,780.48. Following the completion of the sale, the insider now owns 23,457 shares in the company, valued at $884,798.04. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink.
Yum China Holdings Inc (NASDAQ:YUMC) traded down 0.51% during trading on Friday, hitting $37.05. 1,600,181 shares of the stock were exchanged. Yum China Holdings Inc has a 52 week low of $23.79 and a 52 week high of $42.12. The firm has a 50-day moving average of $37.28 and a 200-day moving average of $33.43. The stock has a market capitalization of $14.20 billion and a price-to-earnings ratio of 27.24.
Yum China Holdings (NASDAQ:YUMC) last released its quarterly earnings results on Wednesday, July 5th. The company reported $0.27 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $0.24 by $0.03. Yum China Holdings had a net margin of 7.09% and a return on equity of 16.35%. The business had revenue of $1.59 billion for the quarter, compared to the consensus estimate of $1.60 billion. Yum China Holdings’s revenue for the quarter was up .4% compared to the same quarter last year. Equities research analysts anticipate that Yum China Holdings Inc will post $1.45 earnings per share for the current fiscal year.
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Several analysts have issued reports on the stock. Zacks Investment Research lowered shares of Yum China Holdings from a “buy” rating to a “hold” rating in a research report on Wednesday, June 7th. Deutsche Bank AG lowered shares of Yum China Holdings from a “buy” rating to a “hold” rating and raised their price target for the stock from $34.72 to $36.61 in a research report on Thursday, July 6th. Oppenheimer Holdings, Inc. raised their price target on shares of Yum China Holdings from $35.00 to $43.00 in a research report on Thursday, July 6th. Goldman Sachs Group, Inc. (The) reaffirmed a “neutral” rating and set a $35.90 price objective (up from $33.10) on shares of Yum China Holdings in a report on Thursday, July 6th. Finally, J P Morgan Chase & Co started coverage on shares of Yum China Holdings in a report on Friday, June 2nd. They set an “overweight” rating and a $42.00 price objective for the company. Two investment analysts have rated the stock with a sell rating, six have given a hold rating and four have issued a buy rating to the company. The company has a consensus rating of “Hold” and a consensus price target of $37.56.
A number of large investors have recently made changes to their positions in the company. Cetera Investment Advisers purchased a new stake in shares of Yum China Holdings during the second quarter worth about $569,000. Dynamic Technology Lab Private Ltd increased its stake in shares of Yum China Holdings by 18.2% in the second quarter. Dynamic Technology Lab Private Ltd now owns 19,029 shares of the company’s stock worth $750,000 after buying an additional 2,931 shares during the last quarter. WINTON GROUP Ltd increased its stake in shares of Yum China Holdings by 55.5% in the second quarter. WINTON GROUP Ltd now owns 32,205 shares of the company’s stock worth $1,270,000 after buying an additional 11,489 shares during the last quarter. North Star Asset Management Inc. increased its stake in shares of Yum China Holdings by 0.3% in the second quarter. North Star Asset Management Inc. now owns 72,246 shares of the company’s stock worth $2,849,000 after buying an additional 190 shares during the last quarter. Finally, Auxier Asset Management increased its stake in shares of Yum China Holdings by 1.5% in the second quarter. Auxier Asset Management now owns 13,437 shares of the company’s stock worth $530,000 after buying an additional 200 shares during the last quarter.
Yum China Holdings Company Profile
Yum China Holdings, Inc is a restaurant company. The Company’s segments include KFC, Pizza Hut Casual Dining, and All Other Segments, including Pizza Hut Home Service, East Dawning, Little Sheep and Taco Bell. As of December 31, 2016, the Company had over 7,500 restaurants in China. Its restaurant base consists of various restaurant concepts.
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