Yum China Target of Unusually High Options Trading (YUMC)

Yum China Holdings Inc (NYSE:YUMC) saw unusually large options trading activity on Thursday. Stock traders bought 3,456 put options on the stock. This is an increase of 2,300% compared to the average daily volume of 144 put options.

In other news, CEO Joey Wat purchased 24,400 shares of the business’s stock in a transaction on Thursday, June 7th. The stock was purchased at an average cost of $40.97 per share, with a total value of $999,668.00. Following the acquisition, the chief executive officer now directly owns 21,991 shares in the company, valued at $900,971.27. The purchase was disclosed in a filing with the SEC, which is available through the SEC website. Also, insider Aiken Yuen sold 1,805 shares of the firm’s stock in a transaction on Tuesday, May 22nd. The shares were sold at an average price of $38.96, for a total transaction of $70,322.80. Following the completion of the transaction, the insider now directly owns 2,337 shares of the company’s stock, valued at $91,049.52. The disclosure for this sale can be found here. 0.37% of the stock is currently owned by company insiders.

Several institutional investors and hedge funds have recently made changes to their positions in YUMC. OppenheimerFunds Inc. boosted its stake in shares of Yum China by 45.6% during the 4th quarter. OppenheimerFunds Inc. now owns 410,914 shares of the company’s stock valued at $16,444,000 after purchasing an additional 128,646 shares in the last quarter. King Luther Capital Management Corp boosted its stake in shares of Yum China by 7.8% during the 4th quarter. King Luther Capital Management Corp now owns 58,122 shares of the company’s stock valued at $2,326,000 after purchasing an additional 4,220 shares in the last quarter. Amalgamated Bank boosted its stake in shares of Yum China by 11.3% during the 4th quarter. Amalgamated Bank now owns 42,614 shares of the company’s stock valued at $1,705,000 after purchasing an additional 4,327 shares in the last quarter. Cobblestone Capital Advisors LLC NY boosted its stake in shares of Yum China by 82.3% during the 4th quarter. Cobblestone Capital Advisors LLC NY now owns 15,221 shares of the company’s stock valued at $609,000 after purchasing an additional 6,870 shares in the last quarter. Finally, Burney Co. bought a new stake in shares of Yum China during the 4th quarter valued at about $202,000. 80.92% of the stock is currently owned by hedge funds and other institutional investors.

Shares of Yum China opened at $38.70 on Friday, MarketBeat.com reports. The firm has a market capitalization of $15.35 billion, a P/E ratio of 27.25, a price-to-earnings-growth ratio of 2.07 and a beta of 1.20. Yum China has a 52 week low of $33.56 and a 52 week high of $48.75. The company has a debt-to-equity ratio of 0.01, a quick ratio of 1.52 and a current ratio of 1.74.

Yum China (NYSE:YUMC) last issued its earnings results on Tuesday, May 1st. The company reported $0.53 EPS for the quarter, topping analysts’ consensus estimates of $0.48 by $0.05. Yum China had a net margin of 6.39% and a return on equity of 20.59%. The company had revenue of $2.22 billion for the quarter, compared to analysts’ expectations of $1.43 billion. During the same quarter last year, the company earned $0.44 EPS. The firm’s revenue was up 15.3% compared to the same quarter last year. equities analysts forecast that Yum China will post 1.6 earnings per share for the current fiscal year.

The business also recently announced a quarterly dividend, which was paid on Wednesday, June 20th. Stockholders of record on Wednesday, May 30th were paid a dividend of $0.10 per share. This represents a $0.40 dividend on an annualized basis and a dividend yield of 1.03%. The ex-dividend date of this dividend was Tuesday, May 29th. Yum China’s payout ratio is 28.17%.

Several research analysts have commented on the stock. Zacks Investment Research raised shares of Yum China from a “sell” rating to a “hold” rating in a report on Saturday, May 5th. Morgan Stanley dropped their price objective on shares of Yum China from $49.00 to $48.00 and set an “overweight” rating for the company in a report on Tuesday, March 20th. Three investment analysts have rated the stock with a hold rating and eight have assigned a buy rating to the company. The company presently has a consensus rating of “Buy” and an average target price of $47.35.

Yum China Company Profile

Yum China Holdings, Inc engages in the management of restaurants and fast food chains. It operates through the following segments: Kentucky Fried Chicken (“”KFC””), Pizza Hut Casual Dining, and All Other Segments. The KFC segment owns and operates KFC stores. The Pizza Hut Casual Dining segment offerspizzas, entrees, pasta, rice dishes, appetizers, beverages, and desserts under the Pizza Hut brand.

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