Yum China (NYSE:YUMC) Downgraded to “Hold” Rating by StockNews.com

Yum China (NYSE:YUMCGet Free Report) was downgraded by equities researchers at StockNews.com from a “buy” rating to a “hold” rating in a research report issued on Friday.

A number of other equities research analysts have also weighed in on the company. Citigroup upgraded Yum China to a “strong-buy” rating in a research note on Monday, September 30th. JPMorgan Chase & Co. raised shares of Yum China from a “neutral” rating to an “overweight” rating and raised their price target for the stock from $35.50 to $60.00 in a report on Tuesday, November 5th. One equities research analyst has rated the stock with a hold rating, three have issued a buy rating and one has assigned a strong buy rating to the stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Buy” and a consensus price target of $49.57.

View Our Latest Analysis on Yum China

Yum China Stock Up 3.1 %

NYSE:YUMC opened at $46.03 on Friday. The stock has a fifty day simple moving average of $46.94 and a 200-day simple moving average of $41.35. The company has a current ratio of 1.29, a quick ratio of 1.15 and a debt-to-equity ratio of 0.01. The company has a market cap of $17.48 billion, a price-to-earnings ratio of 20.37, a price-to-earnings-growth ratio of 1.34 and a beta of 0.35. Yum China has a twelve month low of $28.50 and a twelve month high of $52.00.

Yum China (NYSE:YUMCGet Free Report) last announced its quarterly earnings data on Monday, November 4th. The company reported $0.77 earnings per share for the quarter, beating analysts’ consensus estimates of $0.68 by $0.09. The company had revenue of $3.07 billion during the quarter, compared to analyst estimates of $3.03 billion. Yum China had a net margin of 7.97% and a return on equity of 13.39%. The firm’s revenue for the quarter was up 5.4% on a year-over-year basis. During the same quarter last year, the business posted $0.59 EPS. Analysts anticipate that Yum China will post 2.33 EPS for the current year.

Insider Activity at Yum China

In other news, insider Duoduo (Howard) Huang sold 6,377 shares of the company’s stock in a transaction that occurred on Monday, November 25th. The stock was sold at an average price of $47.47, for a total transaction of $302,716.19. Following the completion of the transaction, the insider now directly owns 16,641 shares of the company’s stock, valued at $789,948.27. This represents a 27.70 % decrease in their position. The sale was disclosed in a filing with the SEC, which is available through this link. Company insiders own 0.30% of the company’s stock.

Hedge Funds Weigh In On Yum China

A number of large investors have recently added to or reduced their stakes in YUMC. Farther Finance Advisors LLC lifted its position in shares of Yum China by 43.9% in the third quarter. Farther Finance Advisors LLC now owns 846 shares of the company’s stock valued at $38,000 after acquiring an additional 258 shares in the last quarter. McClarren Financial Advisors Inc. increased its stake in shares of Yum China by 906.5% in the 3rd quarter. McClarren Financial Advisors Inc. now owns 926 shares of the company’s stock worth $42,000 after acquiring an additional 834 shares during the last quarter. Concord Wealth Partners raised its holdings in shares of Yum China by 56.9% during the 3rd quarter. Concord Wealth Partners now owns 1,571 shares of the company’s stock worth $71,000 after acquiring an additional 570 shares during the period. Eastern Bank purchased a new position in Yum China during the third quarter worth about $103,000. Finally, Prospera Private Wealth LLC acquired a new position in Yum China in the third quarter valued at approximately $110,000. 85.58% of the stock is currently owned by institutional investors and hedge funds.

Yum China Company Profile

(Get Free Report)

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.

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