Yum China Holdings Inc (NYSE:YUMC) Given Consensus Recommendation of “Buy” by Brokerages

Yum China Holdings Inc (NYSE:YUMC) has been assigned a consensus recommendation of “Buy” from the nine research firms that are presently covering the firm, Marketbeat Ratings reports. One investment analyst has rated the stock with a sell rating and seven have issued a buy rating on the company. The average 12-month target price among brokerages that have issued ratings on the stock in the last year is $51.64.

YUMC has been the subject of a number of research reports. ValuEngine cut shares of Yum China from a “hold” rating to a “sell” rating in a research report on Wednesday, October 2nd. Jefferies Financial Group started coverage on shares of Yum China in a research report on Monday, October 28th. They issued a “buy” rating and a $54.60 price target on the stock. Finally, Zacks Investment Research raised shares of Yum China from a “hold” rating to a “buy” rating and set a $50.00 price objective for the company in a research note on Saturday, September 14th.

In related news, insider Aiken Yuen sold 2,081 shares of the business’s stock in a transaction dated Wednesday, November 27th. The shares were sold at an average price of $44.03, for a total value of $91,626.43. Following the completion of the transaction, the insider now owns 2,690 shares of the company’s stock, valued at approximately $118,440.70. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Company insiders own 0.44% of the company’s stock.

Hedge funds and other institutional investors have recently made changes to their positions in the stock. AE Wealth Management LLC acquired a new position in Yum China in the 2nd quarter valued at $233,000. Daiwa Securities Group Inc. grew its position in shares of Yum China by 192.1% in the second quarter. Daiwa Securities Group Inc. now owns 22,200 shares of the company’s stock valued at $1,026,000 after purchasing an additional 14,600 shares during the period. Westside Investment Management Inc. acquired a new position in Yum China in the second quarter valued at $34,000. Strs Ohio acquired a new position in Yum China in the second quarter valued at $250,000. Finally, Wetherby Asset Management Inc. increased its stake in Yum China by 33.9% in the second quarter. Wetherby Asset Management Inc. now owns 10,910 shares of the company’s stock valued at $504,000 after purchasing an additional 2,762 shares during the last quarter. Hedge funds and other institutional investors own 81.55% of the company’s stock.

Shares of YUMC stock opened at $44.73 on Friday. The stock has a market cap of $16.74 billion, a P/E ratio of 29.24, a P/E/G ratio of 2.86 and a beta of 1.11. The company has a quick ratio of 1.18, a current ratio of 1.37 and a debt-to-equity ratio of 0.01. Yum China has a fifty-two week low of $31.35 and a fifty-two week high of $48.36. The business has a fifty day simple moving average of $43.30 and a 200-day simple moving average of $43.64.

Yum China (NYSE:YUMC) last released its quarterly earnings data on Tuesday, October 29th. The company reported $0.58 EPS for the quarter, topping the consensus estimate of $0.54 by $0.04. The business had revenue of $2.32 billion for the quarter, compared to analyst estimates of $2.37 billion. Yum China had a net margin of 8.05% and a return on equity of 21.63%. The business’s revenue for the quarter was up 4.8% compared to the same quarter last year. During the same period in the previous year, the firm earned $0.51 EPS. On average, sell-side analysts anticipate that Yum China will post 1.74 earnings per share for the current year.

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, December 17th. Investors of record on Tuesday, November 26th will be paid a dividend of $0.12 per share. This represents a $0.48 dividend on an annualized basis and a dividend yield of 1.07%. The ex-dividend date of this dividend is Monday, November 25th. Yum China’s payout ratio is currently 31.37%.

Yum China Company Profile

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, Little Sheep, and COFFii & JOY brands, which specialize in chicken, pizza, hot pot cooking, Chinese food, Mexican-style food, and coffee categories.

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Analyst Recommendations for Yum China (NYSE:YUMC)

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