Guangzhou Automobile (HKEX:2238)’s 1-year average price target has been revised to 3.72/share. This is a 12.89% decrease from the prior forecast value of 4.27 on October 4, 2023.
The price target is the average of many targets provided by analysts. The latest targets range from a low of 1.67 to a high of 7.10 per share. The average price target is an increase of 1.68% from the latest reported closing price of 3.66/share.
Guangzhou Automobile maintains dividend yield of 7.03%
At the latest price, the company’s dividend yield is 7.03%.
Additionally, the company’s dividend payout ratio is 0.60x. Dividend payout ratio indicates how much of a company’s profits are paid out as dividends. A payout ratio of 1 (1.0) means that 100% of a company’s profits are paid out in dividends. A dividend payout ratio greater than 1 means that the company is drawing down savings to maintain the dividend, which is not a healthy situation. Companies with little growth prospects are expected to pay out most of their profits in dividends, which typically means a payout ratio of 0.5 to 1.0. Companies with good growth prospects are expected to retain a portion of their profits to invest in their growth prospects, translating into a payout ratio of 0 to 0.5x.
The company’s three-year dividend growth rate is 0.43%, indicating that it has been increasing its dividend over time.
What is fund sentiment?
109 funds or institutions have reported positions in Guangzhou Automobile. This is a decrease of 17 owners, or 13.49%, from the previous quarter.Average weight of portfolio of all funds 2238 exclusive was 0.09%, a decrease of 16.98%. Total shares owned by institutional investors decreased by 7.06% over the past 3 months to 403,392,000 shares.
What are the other shareholders doing?
VEIEX – Vanguard Emerging Markets Stock Index Fund Investor Shares holds 51,139,000 shares, representing 0.49% ownership in the company. In a previous filing, the company reported owning 51,043,000 shares. will increase 0.19%.office Diminished Portfolio allocation for 2238 increased by 6.15% quarter over quarter.
FAMKX – Fidelity Advisor Emerging Markets Fund holds 50,978,000 shares representing 0.49% ownership in the company. In a previous filing, the company reported owning 53,604,000 shares. decrease 5.15%.office Diminished Portfolio allocation for 2238 increased by 19.50% quarter-over-quarter.
VGTSX – Vanguard Total International Stock Index Fund Investors Share holds 44,424,000 shares representing 0.42% ownership in the company. In a previous filing, the company reported owning 43,962,000 shares. will increase 1.04%.office Diminished 2238’s portfolio allocation increased 3.18% quarter over quarter.
IEMG – iShares Core MSCI Emerging Markets ETF holds 26,611,000 shares, representing 0.25% ownership in the company. In a previous filing, the company reported owning 26,541,000 shares. will increase 0.26%.office Diminished 2238’s portfolio allocation increased by 11.83% quarter-over-quarter.
FHKFX – Fidelity Series Emerging Markets Fund holds 25,226,000 shares, representing 0.24% ownership in the company. In a previous filing, the company reported owning 31,381,000 shares. decrease 24.40%.office Diminished 2238’s portfolio allocation increased 39.51% quarter-over-quarter.
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