Yum China (NYSE:YUMC – Get Rating) was upgraded by investment analysts at StockNews.com from a “hold” rating to a “buy” rating in a report released on Friday.
Separately, TheStreet raised shares of Yum China from a “c+” rating to a “b-” rating in a report on Tuesday, November 15th.
Yum China Price Performance
Shares of NYSE:YUMC opened at $60.21 on Friday. The company’s 50-day moving average is $55.19 and its 200 day moving average is $50.09. The company has a debt-to-equity ratio of 0.26, a quick ratio of 2.09 and a current ratio of 2.24. The company has a market capitalization of $25.19 billion, a P/E ratio of 29.81, a price-to-earnings-growth ratio of 3.29 and a beta of 0.54. Yum China has a fifty-two week low of $33.55 and a fifty-two week high of $60.72.
Insider Buying and Selling
In other Yum China news, insider Warton Wang sold 4,666 shares of the company’s stock in a transaction that occurred on Friday, November 4th. The stock was sold at an average price of $49.68, for a total value of $231,806.88. Following the completion of the sale, the insider now owns 4,249 shares of the company’s stock, valued at $211,090.32. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. In other Yum China news, insider Warton Wang sold 4,666 shares of the company’s stock in a transaction that occurred on Friday, November 4th. The stock was sold at an average price of $49.68, for a total value of $231,806.88. Following the completion of the sale, the insider now owns 4,249 shares of the company’s stock, valued at $211,090.32. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, CTO Leila Zhang sold 1,176 shares of the company’s stock in a transaction that occurred on Friday, November 11th. The stock was sold at an average price of $53.51, for a total value of $62,927.76. Following the completion of the sale, the chief technology officer now directly owns 8,399 shares of the company’s stock, valued at approximately $449,430.49. The disclosure for this sale can be found here. Over the last three months, insiders have sold 3,204,362 shares of company stock worth $144,655,851. Insiders own 0.26% of the company’s stock.
Institutional Trading of Yum China
A number of institutional investors have recently made changes to their positions in the stock. Accurate Wealth Management LLC purchased a new stake in Yum China in the fourth quarter worth $29,000. CoreCap Advisors LLC purchased a new stake in Yum China in the second quarter worth $27,000. Harbor Investment Advisory LLC lifted its stake in Yum China by 156.5% in the third quarter. Harbor Investment Advisory LLC now owns 590 shares of the company’s stock worth $28,000 after acquiring an additional 360 shares during the period. Piershale Financial Group Inc. purchased a new stake in Yum China in the fourth quarter worth $45,000. Finally, MinichMacGregor Wealth Management LLC purchased a new stake in Yum China in the fourth quarter worth $45,000. Hedge funds and other institutional investors own 78.89% of the company’s stock.
Yum China Company Profile
Yum China Holdings, Inc owns, operates, and franchises restaurants in China. The company operates through two segments, KFC and Pizza Hut. It operates restaurants under the KFC, Pizza Hut, Little Sheep, Huang Ji Huang, Lavazza, COFFii & JOY, Taco Bell, and East Dawning brands, which specialize in chicken, pizza, hot pot cooking, simmer pot, Italian coffee, specialty coffee, Mexican-style food, and Chinese food categories.
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