The target price of Nippon Steel (TYO:5401) increases by 8.46% to 3,672.78

The average target price for Nippon Steel (TYO:5401) over one year has been revised to 3,672.78 per share. This represents an increase of 8.46% from the previous estimate of 3,386.40 on August 1, 2023.

The target price is an average of multiple projections provided by analysts. The latest targets range from a minimum of 2,424.00 to a maximum of 4,462.50 per share. The average target price represents an increase of 7.42% from the last reported closing price of 3,419.00 per share.

Nippon Steel maintains a dividend yield of 4.39%

At the most recent price, the company's dividend yield is 4.39%.

In addition, the company's dividend payout ratio is 0.22. This ratio indicates what proportion of a company's income is distributed as dividends. A payout ratio of one (1,0) means that 100% of the company's income is paid out as dividends. A ratio above one implies that the company is using its savings to maintain its dividend, which is not a healthy situation. Companies with low growth prospects are expected to pay most of their income in dividends, which typically results in a payout ratio between 0.5 and 1.0. On the other hand, companies with good growth prospects are expected to retain some of their earnings to invest in expansion opportunities, which is reflected in a payout ratio between zero and 0.5.

What is the sentiment of the funds?

There are funds invested in Nippon Steel. This represents a decrease of 20 owners or 6.31% in the last quarter. The average weight in the portfolio of all funds dedicated to 5401 is 0.22%, which implies a reduction of 9.53%. The total shares in the hands of institutions decreased by 0.37% in the last three months, standing at 76,475,000 shares.

What are other shareholders doing?

A firm holds 10,763,000 shares, representing 1.17% of the company's ownership. In its previous statement, the firm reported that it held 10,768,000 shares, indicating a decrease of 0.05%. The firm increased its portfolio allocation by 5401 by 2.69% during the last quarter.

Another entity holds 6,463,000 shares, representing 0.70% of the company's ownership. In its previous statement, the firm reported owning 6,262,000 shares, which implies an increase of 3.11%. The firm reduced its portfolio allocation by 5,401 by 12.28% during the last quarter.

A third institution holds 4,316,000 shares, which equates to 0.47% of the company's ownership. In its previous statement, the firm reported that it had 4,279,000 shares, representing an increase of 0.85%. The firm increased its portfolio allocation by 5401 by 1.09% during the last quarter.

A fourth entity holds 2,600,000 shares, which represents 0.28% of the company's ownership. In its previous statement, the firm reported owning 2,396,000 shares, indicating an increase of 7.87%. The firm reduced its portfolio allocation by 5,401 by 18.00% during the last quarter.

A fifth institution holds 2,546,000 shares, representing 0.28% of the company's ownership. In its previous statement, the firm reported that it had 2,543,000 shares, which represents an increase of 0.13%. The firm increased its portfolio allocation by 5,401 by 0.21% during the last quarter.