Yum China Holdings, Inc. (NYSE:YUMC) Receives $46.18 Average Target Price from Brokerages

Shares of Yum China Holdings, Inc. (NYSE:YUMC) have earned an average recommendation of “Buy” from the five ratings firms that are currently covering the company, Marketbeat reports. One analyst has rated the stock with a hold recommendation, three have given a buy recommendation and one has given a strong buy recommendation to the company. The average 12-month price objective among brokers that have issued a report on the stock in the last year is $46.18.

A number of equities analysts have weighed in on the stock. Macquarie raised 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 note on Tuesday, August 6th. Citigroup raised shares of Yum China to a “strong-buy” rating in a research note on Monday, September 30th.

Insider Buying and Selling

In other Yum China news, insider Jeff Kuai bought 3,900 shares of the business’s stock in a transaction that occurred on Tuesday, August 13th. The stock was bought at an average cost of $32.72 per share, for a total transaction of $127,608.00. Following the completion of the transaction, the insider now owns 3,900 shares of the company’s stock, valued at $127,608. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. In other news, CEO Joey Wat purchased 3,800 shares of the stock in a transaction on Wednesday, August 14th. The shares were acquired at an average price of $33.98 per share, with a total value of $129,124.00. Following the completion of the acquisition, the chief executive officer now directly owns 272,944 shares of the company’s stock, valued at $9,274,637.12. This trade represents a 0.00 % increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the SEC, which is available through the SEC website. Also, insider Jeff Kuai bought 3,900 shares of the company’s stock in a transaction that occurred on Tuesday, August 13th. The stock was purchased at an average cost of $32.72 per share, with a total value of $127,608.00. Following the acquisition, the insider now directly owns 3,900 shares in the company, valued at $127,608. The disclosure for this purchase can be found here. Over the last quarter, insiders have purchased 18,400 shares of company stock worth $619,671. 0.30% of the stock is owned by insiders.

Institutional Trading of Yum China

Several institutional investors and hedge funds have recently added to or reduced their stakes in YUMC. GUARDCAP ASSET MANAGEMENT Ltd grew its stake in Yum China by 38.4% during the first quarter. GUARDCAP ASSET MANAGEMENT Ltd now owns 12,223,942 shares of the company’s stock valued at $486,391,000 after acquiring an additional 3,389,987 shares in the last quarter. Massachusetts Financial Services Co. MA lifted its position in Yum China by 1.0% during the second quarter. Massachusetts Financial Services Co. MA now owns 11,967,353 shares of the company’s stock valued at $369,073,000 after purchasing an additional 121,617 shares during the last quarter. Principal Financial Group Inc. lifted its position in Yum China by 18.9% during the second quarter. Principal Financial Group Inc. now owns 5,256,309 shares of the company’s stock valued at $162,135,000 after purchasing an additional 836,194 shares during the last quarter. Mondrian Investment Partners LTD lifted its position 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 valued at $133,203,000 after purchasing an additional 1,582,859 shares during the last quarter. Finally, Allspring Global Investments Holdings LLC lifted its position in Yum China by 0.3% during the third quarter. Allspring Global Investments Holdings LLC now owns 3,552,629 shares of the company’s stock valued at $159,939,000 after purchasing an additional 11,535 shares during the last quarter. Institutional investors own 85.58% of the company’s stock.

Yum China Stock Performance

Shares of YUMC opened at $43.62 on Friday. The company has a debt-to-equity ratio of 0.01, a current ratio of 1.23 and a quick ratio of 1.09. Yum China has a one year low of $28.50 and a one year high of $53.83. The company has a 50-day simple moving average of $38.92 and a two-hundred day simple moving average of $36.05. The firm has a market capitalization of $17.00 billion, a PE ratio of 21.92, a price-to-earnings-growth ratio of 1.63 and a beta of 0.35.

Yum China (NYSE:YUMC) last announced its earnings results on Monday, August 5th. The company reported $0.55 earnings per share for the quarter, beating analysts’ consensus estimates of $0.47 by $0.08. Yum China had a net margin of 7.61% and a return on equity of 12.41%. The business had revenue of $2.68 billion during the quarter, compared to the consensus estimate of $2.76 billion. During the same quarter last year, the firm earned $0.47 earnings per share. The business’s revenue for the quarter was up .9% on a year-over-year basis. On average, analysts anticipate that Yum China will post 2.22 EPS for the current fiscal year.

Yum China Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Tuesday, September 17th. Investors of record on Tuesday, August 27th were given a dividend of $0.16 per share. This represents a $0.64 annualized dividend and a dividend yield of 1.47%. The ex-dividend date was Tuesday, August 27th. Yum China’s dividend payout ratio (DPR) is currently 32.16%.

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.