Yum China Holdings Inc (NYSE:YUMC) Director Jonathan S. Linen acquired 4,000 shares of the firm’s stock in a transaction on Friday, February 9th. The shares were bought at an average cost of $39.76 per share, with a total value of $159,040.00. Following the completion of the acquisition, the director now directly owns 41,236 shares in the company, valued at approximately $1,639,543.36. The purchase was disclosed in a document filed with the SEC, which is accessible through this hyperlink.
Shares of Yum China Holdings Inc (NYSE YUMC) traded up $0.22 during mid-day trading on Tuesday, hitting $40.02. The company had a trading volume of 1,167,571 shares, compared to its average volume of 2,517,670. The company has a quick ratio of 1.42, a current ratio of 1.69 and a debt-to-equity ratio of 0.01. Yum China Holdings Inc has a one year low of $25.53 and a one year high of $48.75. The stock has a market capitalization of $15,500.38, a P/E ratio of 39.72, a PEG ratio of 2.10 and a beta of 0.67.
Yum China (NYSE:YUMC) last issued its quarterly earnings data on Wednesday, February 7th. The company reported $0.19 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $0.17 by $0.02. The company had revenue of $2.23 billion for the quarter, compared to the consensus estimate of $2.15 billion. Yum China had a return on equity of 21.06% and a net margin of 5.64%. The firm’s revenue was up 12.6% compared to the same quarter last year. During the same quarter last year, the business posted $0.17 earnings per share. sell-side analysts predict that Yum China Holdings Inc will post 1.6 earnings per share for the current fiscal year.
Several hedge funds have recently added to or reduced their stakes in YUMC. Standard Life Aberdeen plc lifted its holdings in shares of Yum China by 13.3% during the fourth quarter. Standard Life Aberdeen plc now owns 31,015,455 shares of the company’s stock valued at $1,241,238,000 after purchasing an additional 3,638,955 shares during the last quarter. Lord Abbett & CO. LLC purchased a new position in Yum China in the 2nd quarter worth approximately $62,217,000. Matthews International Capital Management LLC raised its holdings in Yum China by 32.2% in the 4th quarter. Matthews International Capital Management LLC now owns 2,339,310 shares of the company’s stock worth $93,619,000 after acquiring an additional 569,400 shares during the last quarter. Vanguard Group Inc. raised its holdings in Yum China by 9.2% in the 2nd quarter. Vanguard Group Inc. now owns 3,553,947 shares of the company’s stock worth $140,133,000 after acquiring an additional 300,116 shares during the last quarter. Finally, Eaton Vance Management raised its holdings in Yum China by 160.4% in the 4th quarter. Eaton Vance Management now owns 395,013 shares of the company’s stock worth $15,808,000 after acquiring an additional 243,307 shares during the last quarter. Hedge funds and other institutional investors own 80.30% of the company’s stock.
A number of analysts have commented on YUMC shares. Zacks Investment Research lowered Yum China from a “hold” rating to a “sell” rating in a report on Wednesday, October 18th. Macquarie began coverage on Yum China in a report on Wednesday, January 3rd. They set an “outperform” rating and a $55.00 price objective for the company. Two research analysts have rated the stock with a sell rating, three have issued a hold rating and nine have given a buy rating to the company. The stock presently has a consensus rating of “Buy” and an average price target of $44.28.
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Yum China 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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