Yum China Holdings Inc (YUMC) Insider Danny Tan Sells 2,124 Shares of Stock

Yum China Holdings Inc (NASDAQ:YUMC) insider Danny Tan sold 2,124 shares of the company’s stock in a transaction that occurred on Monday, October 9th. The shares were sold at an average price of $41.84, for a total value of $88,868.16. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink.

Yum China Holdings Inc (NASDAQ YUMC) opened at 42.51 on Wednesday. The firm’s 50-day moving average price is $39.24 and its 200-day moving average price is $39.24. Yum China Holdings Inc has a 1-year low of $23.79 and a 1-year high of $43.47. The firm has a market capitalization of $16.33 billion and a PE ratio of 31.26.

Yum China Holdings (NASDAQ:YUMC) last announced its quarterly earnings results on Thursday, October 5th. The company reported $0.52 earnings per share for the quarter, missing the Zacks’ consensus estimate of $0.56 by ($0.04). The company had revenue of $2.04 billion during the quarter, compared to analyst estimates of $1.98 billion. Yum China Holdings had a net margin of 7.09% and a return on equity of 16.35%. The firm’s revenue for the quarter was up 8.2% compared to the same quarter last year. During the same quarter last year, the business earned $0.52 EPS. On average, equities research analysts predict that Yum China Holdings Inc will post $1.43 EPS for the current fiscal year.

The business also recently declared a special dividend, which will be paid on Thursday, December 21st. Shareholders of record on Thursday, November 30th will be issued a $0.10 dividend. The ex-dividend date is Wednesday, November 29th.

Yum China Holdings declared that its Board of Directors has authorized a share buyback plan on Thursday, October 5th that authorizes the company to repurchase $550.00 million in outstanding shares. This repurchase authorization authorizes the company to buy up to 3.6% of its stock through open market purchases. Stock repurchase plans are generally an indication that the company’s leadership believes its shares are undervalued.

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YUMC has been the topic of a number of recent analyst reports. Citigroup Inc. initiated coverage on Yum China Holdings in a report on Monday, September 18th. They issued a “buy” rating and a $51.00 price objective on the stock. Zacks Investment Research cut Yum China Holdings from a “hold” rating to a “sell” rating in a report on Wednesday, September 6th. Morgan Stanley reiterated an “overweight” rating and issued a $41.00 price objective on shares of Yum China Holdings in a report on Friday, July 7th. Deutsche Bank AG cut Yum China Holdings from a “buy” rating to a “hold” rating and upped their price objective for the company from $34.72 to $36.61 in a report on Thursday, July 6th. Finally, Bank of America Corporation reiterated a “neutral” rating and issued a $41.60 price objective on shares of Yum China Holdings in a report on Sunday, July 30th. Three analysts have rated the stock with a sell rating, four have given a hold rating and eight have issued a buy rating to the company. Yum China Holdings presently has an average rating of “Hold” and a consensus target price of $42.35.

Several institutional investors and hedge funds have recently made changes to their positions in the business. BKD Wealth Advisors LLC boosted its holdings in shares of Yum China Holdings by 0.4% in the 2nd quarter. BKD Wealth Advisors LLC now owns 7,547 shares of the company’s stock valued at $298,000 after purchasing an additional 30 shares during the last quarter. Parkside Financial Bank & Trust boosted its holdings in shares of Yum China Holdings by 3.9% in the 2nd quarter. Parkside Financial Bank & Trust now owns 2,719 shares of the company’s stock valued at $107,000 after purchasing an additional 102 shares during the last quarter. Hall Capital Management Co. Inc. boosted its holdings in shares of Yum China Holdings by 1.2% in the 2nd quarter. Hall Capital Management Co. Inc. now owns 10,126 shares of the company’s stock valued at $399,000 after purchasing an additional 118 shares during the last quarter. North Star Asset Management Inc. boosted its holdings in shares of Yum China Holdings by 0.3% in the 2nd quarter. North Star Asset Management Inc. now owns 72,246 shares of the company’s stock valued at $2,849,000 after purchasing an additional 190 shares during the last quarter. Finally, Auxier Asset Management boosted its holdings in shares of Yum China Holdings by 1.5% in the 2nd quarter. Auxier Asset Management now owns 13,437 shares of the company’s stock valued at $530,000 after purchasing an additional 200 shares during the last quarter.

About Yum China Holdings

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.

Insider Buying and Selling by Quarter for Yum China Holdings (NASDAQ:YUMC)

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