Shares of Yum China (NYSE:YUMC) have been assigned a consensus recommendation of “Buy” from the thirteen brokerages that are currently covering the company, Marketbeat Ratings reports. Two analysts have rated the stock with a sell recommendation, two have given a hold recommendation and nine have given a buy recommendation to the company. The average 12-month price target among brokers that have updated their coverage on the stock in the last year is $45.63.
Several equities research analysts recently issued reports on the stock. Zacks Investment Research raised shares of Yum China from a “sell” rating to a “hold” rating in a report on Thursday, March 1st. Morgan Stanley reduced their target price on shares of Yum China from $49.00 to $48.00 and set an “overweight” rating for the company in a report on Tuesday, March 20th. Finally, Macquarie assumed coverage on shares of Yum China in a report on Wednesday, January 3rd. They issued an “outperform” rating and a $55.00 target price for the company.
Shares of NYSE YUMC traded down $0.27 during midday trading on Friday, hitting $40.46. 741,024 shares of the company’s stock traded hands, compared to its average volume of 2,429,341. Yum China has a 1 year low of $32.56 and a 1 year high of $48.75. The firm has a market capitalization of $15,464.60, a P/E ratio of 28.52, a PEG ratio of 2.10 and a beta of 1.38. The company has a quick ratio of 1.48, a current ratio of 1.77 and a debt-to-equity ratio of 0.01.
Yum China (NYSE:YUMC) last released its quarterly earnings results on Wednesday, February 7th. The company reported $0.19 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $0.17 by $0.02. The firm had revenue of $2.23 billion during the quarter, compared to analyst estimates of $2.15 billion. Yum China had a net margin of 5.64% and a return on equity of 20.59%. The business’s revenue for the quarter was up 12.6% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $0.17 EPS. equities research analysts anticipate that Yum China will post 1.59 EPS for the current year.
The firm also recently declared a Not Available dividend, which was paid on Wednesday, March 21st. Shareholders of record on Wednesday, February 28th were paid a $0.10 dividend. The ex-dividend date of this dividend was Tuesday, February 27th. Yum China’s payout ratio is 14.08%.
In other Yum China news, Director Jonathan S. Linen purchased 4,000 shares of the company’s stock in a transaction on Friday, February 9th. The stock was acquired at an average cost of $39.76 per share, for a total transaction of $159,040.00. Following the purchase, the director now directly owns 41,236 shares of the company’s stock, valued at approximately $1,639,543.36. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, insider Danny Tan sold 3,610 shares of the company’s stock in a transaction that occurred on Monday, February 26th. The stock was sold at an average price of $44.50, for a total value of $160,645.00. The disclosure for this sale can be found here. Corporate insiders own 0.37% of the company’s stock.
A number of hedge funds have recently bought and sold shares of YUMC. MML Investors Services LLC boosted its position in shares of Yum China by 10.4% during the 4th quarter. MML Investors Services LLC now owns 14,121 shares of the company’s stock valued at $565,000 after acquiring an additional 1,333 shares during the last quarter. Franklin Resources Inc. boosted its position in shares of Yum China by 1.2% during the 4th quarter. Franklin Resources Inc. now owns 120,172 shares of the company’s stock valued at $4,809,000 after acquiring an additional 1,423 shares during the last quarter. Circle Wealth Management LLC boosted its position in shares of Yum China by 26.9% during the 4th quarter. Circle Wealth Management LLC now owns 7,082 shares of the company’s stock valued at $283,000 after acquiring an additional 1,500 shares during the last quarter. Bbva Compass Bancshares Inc. boosted its position in shares of Yum China by 2.5% during the 4th quarter. Bbva Compass Bancshares Inc. now owns 71,572 shares of the company’s stock valued at $2,865,000 after acquiring an additional 1,767 shares during the last quarter. Finally, Advisor Group Inc. boosted its position in shares of Yum China by 10.7% during the 4th quarter. Advisor Group Inc. now owns 23,670 shares of the company’s stock valued at $947,000 after acquiring an additional 2,281 shares during the last quarter. Institutional investors and hedge funds own 80.18% of the company’s stock.
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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