Increase of 5.76% in the Price Target of Kyushu Electric Power (TYO:9508) to 1,124.04

The average price target for Kyushu Electric Power has been revised to 1,124.04 per share. This represents an increase of 5.76% from the previous estimate of 1,062.84 on November 26, 2023.

This target is an average of several projections provided by analysts. The latest targets range from a minimum of 979.70 to a maximum of 1,270.50 per share. The average target price represents an increase of 9.66% from the last reported closing price of 1,025.00 per share.

Kyushu Electric Power maintains a dividend yield of 1.95%

At the latest price, the company's dividend yield is 1.95%.

In addition, the company's dividend payout ratio is 0.07. This ratio indicates what proportion of earnings is distributed as dividends. A payout ratio of one (1,0) means that 100% of earnings is paid out as dividends. Companies with good growth prospects often retain part of their earnings to invest in those opportunities, resulting in a payout ratio between zero and 0.5.

The company's 3-year dividend growth rate is -0.43%.

What is the sentiment of the funds?

There is an increase of 2 owners (2.56%) in the last quarter at Kyushu Electric Power. The average portfolio weight dedicated to 9508 is 0.09%, a decrease of 9.25%. Total shares held by institutions increased by 0.89% to 33,965,000 shares.

What are other shareholders doing?

VGTSX - Vanguard Total International Stock Index Fund Investor Shares holds 6,241,000 shares, representing an ownership of 1.32%. In its previous statement, it reported 6,109,000 shares, indicating an increase of 2.12%. The fund increased its allocation in 9508 by 13.17% during the last quarter.

TCIEX - TIAA-CREF International Equity Index Fund Institutional Class holds 3,882,000 shares, representing an ownership of 0.82%. It previously reported holding 3,709,000 shares, an increase of 4.47%, raising its allocation in 9508 by 14.18%.

I find it curious that while some major funds are increasing their positions, others like iShares Core MSCI EAFE ETF drastically reduced their holdings, going from 15,418,000 shares to just 2,116,000, a decrease of 628.57%. This disparity in investment strategies makes me question whether there is contradictory information about the company's future prospects that is not being widely shared.

The decline in the average portfolio weight dedicated to this company, along with its modest dividend yield and negative dividend growth rate, suggests that it may not be the most attractive investment at the moment, despite the increase in the target price.