The average one-year price target for Idemitsu Kosan (TYO:5019) has been revised to 3,479.48 / share. This is an decrease of 7.05% from the prior estimate of 3,743.40 dated July 5, 2023.
The price target is an average of many targets provided by analysts. The latest targets range from a low of 2,949.20 to a high of 4,305.00 / share. The average price target represents an increase of 16.64% from the latest reported closing price of 2,983.00 / share.
Idemitsu Kosan Maintains 4.02% Dividend Yield
At the most recent price, the company’s dividend yield is 4.02%.
Additionally, the company’s dividend payout ratio is 0.13. The payout ratio tells us how much of a company’s income is paid out in dividends. A payout ratio of one (1.0) means 100% of the company’s income is paid in a dividend. A payout ratio greater than one means the company is dipping into savings in order to maintain its dividend – not a healthy situation. Companies with few growth prospects are expected to pay out most of their income in dividends, which typically means a payout ratio between 0.5 and 1.0. Companies with good growth prospects are expected to retain some earnings in order to invest in those growth prospects, which translates to a payout ratio of zero to 0.5.
The company’s 3-Year dividend growth rate is -0.25%.
What is the Fund Sentiment?
There are 233 funds or institutions reporting positions in Idemitsu Kosan. This is a decrease of 1 owner(s) or 0.43% in the last quarter. Average portfolio weight of all funds dedicated to 5019 is 0.14%, a decrease of 10.32%. Total shares owned by institutions decreased in the last three months by 0.25% to 28,677K shares.
What are Other Shareholders Doing?
VGTSX – Vanguard Total International Stock Index Fund Investor Shares holds 3,085K shares representing 1.09% ownership of the company. In it’s prior filing, the firm reported owning 3,095K shares, representing a decrease of 0.32%. The firm decreased its portfolio allocation in 5019 by 14.99% over the last quarter.
MRSAX – MFS Research International Fund A holds 2,924K shares representing 1.03% ownership of the company. In it’s prior filing, the firm reported owning 3,712K shares, representing a decrease of 26.96%. The firm decreased its portfolio allocation in 5019 by 26.20% over the last quarter.
FINVX – Fidelity Series International Value Fund holds 2,527K shares representing 0.89% ownership of the company. In it’s prior filing, the firm reported owning 2,669K shares, representing a decrease of 5.65%. The firm increased its portfolio allocation in 5019 by 0.90% over the last quarter.
VTMGX – Vanguard Developed Markets Index Fund Admiral Shares holds 1,802K shares representing 0.63% ownership of the company. In it’s prior filing, the firm reported owning 1,784K shares, representing an increase of 1.00%. The firm decreased its portfolio allocation in 5019 by 12.48% over the last quarter.
EFAV – iShares Edge MSCI Min Vol EAFE ETF holds 1,380K shares representing 0.49% ownership of the company. In it’s prior filing, the firm reported owning 1,370K shares, representing an increase of 0.76%. The firm decreased its portfolio allocation in 5019 by 18.63% over the last quarter.
This story originally appeared on Fintel.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
