Stock Traders Buy High Volume of Yum China Put Options (NYSE:YUMC)

Yum China Holdings Inc (NYSE:YUMC) was the target of unusually large options trading activity on Tuesday. Investors purchased 2,344 put options on the stock. This is an increase of approximately 1,586% compared to the average daily volume of 139 put options.

In other Yum China news, insider Angela Ai sold 15,683 shares of the firm’s stock in a transaction dated Friday, December 6th. The shares were sold at an average price of $45.00, for a total value of $705,735.00. Following the completion of the sale, the insider now owns 34,737 shares of the company’s stock, valued at $1,563,165. The sale was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Also, insider Aiken Yuen sold 2,081 shares of the firm’s stock in a transaction dated Wednesday, November 27th. The stock was sold at an average price of $44.03, for a total transaction of $91,626.43. Following the completion of the sale, the insider now directly owns 2,690 shares of the company’s stock, valued at approximately $118,440.70. The disclosure for this sale can be found here. 0.44% of the stock is owned by company insiders.

Several institutional investors have recently bought and sold shares of the company. Edge Wealth Management LLC purchased a new position in Yum China during the third quarter valued at approximately $27,000. Clean Yield Group purchased a new position in Yum China during the fourth quarter valued at approximately $29,000. Griffin Asset Management Inc. purchased a new position in Yum China during the second quarter valued at approximately $32,000. Usca Ria LLC purchased a new position in Yum China during the third quarter valued at approximately $34,000. Finally, HM Payson & Co. purchased a new position in Yum China during the second quarter valued at approximately $37,000. 81.39% of the stock is owned by hedge funds and other institutional investors.

Yum China stock opened at $46.00 on Wednesday. The company has a 50 day moving average price of $47.73 and a 200-day moving average price of $45.01. The company has a debt-to-equity ratio of 0.01, a quick ratio of 1.18 and a current ratio of 1.37. Yum China has a fifty-two week low of $33.82 and a fifty-two week high of $50.74. The company has a market capitalization of $18.74 billion, a PE ratio of 25.56, a P/E/G ratio of 2.97 and a beta of 1.13.

Yum China (NYSE:YUMC) last posted its quarterly earnings results on Tuesday, October 29th. The company reported $0.58 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $0.54 by $0.04. Yum China had a net margin of 8.05% and a return on equity of 21.63%. The firm had revenue of $2.32 billion during the quarter, compared to the consensus estimate of $2.37 billion. During the same quarter in the previous year, the firm posted $0.51 earnings per share. The company’s revenue was up 4.8% on a year-over-year basis. On average, analysts forecast that Yum China will post 1.75 earnings per share for the current year.

YUMC has been the subject of several research analyst reports. Jefferies Financial Group initiated coverage on shares of Yum China in a research note on Monday, October 28th. They set a “buy” rating and a $54.60 price target for the company. ValuEngine downgraded shares of Yum China from a “hold” rating to a “sell” rating in a research note on Wednesday, October 2nd. One investment analyst has rated the stock with a sell rating and seven have assigned a buy rating to the stock. The company currently has a consensus rating of “Buy” and an average target price of $51.64.

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.

Read More: What are the benefits of investing in REITs?

Receive News & Ratings for Yum China Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Yum China and related companies with MarketBeat.com's FREE daily email newsletter.