Bank of Georgia Group (LSE:BGEO) Price Target Increased by 8.52% to 5,706.90

The average one-year price target for Bank of Georgia Group (LSE:BGEO) has been revised to 5,706.90 / share. This is an increase of 8.52% from the prior estimate of 5,258.95 dated January 16, 2024.

The price target is an average of many targets provided by analysts. The latest targets range from a low of 4,312.70 to a high of 8,720.25 / share. The average price target represents an increase of 24.88% from the latest reported closing price of 4,570.00 / share.

Bank of Georgia Group Maintains 6.11% Dividend Yield

At the most recent price, the company's dividend yield is 6.11%.

Additionally, the company's dividend payout ratio is 0.07. 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.

What is the Fund Sentiment?

There are 11 funds or institutions reporting positions in Bank of Georgia Group. This is a decrease of 2 owner(s) or 15.38% in the last quarter. Average portfolio weight of all funds dedicated to BGEO is 0.74%, a decrease of 13.44%. Total shares owned by institutions decreased in the last three months by 24.85% to 671K shares.

What are Other Shareholders Doing?

GB:BGEO / Bank of Georgia Group PLC Shares Held by Institutions

HLMEX - Harding Loevner Institutional Emerging Markets Portfolio Institutional holds 217K shares representing 0.50% ownership of the company. In it's prior filing, the firm reported owning 262K shares, representing a decrease of 20.85%. The firm increased its portfolio allocation in BGEO by 5.34% over the last quarter.

HLMRX - Harding Loevner International Small Companies Portfolio INSTITUTIONAL holds 167K shares representing 0.38% ownership of the company. In it's prior filing, the firm reported owning 253K shares, representing a decrease of 51.77%. The firm decreased its portfolio allocation in BGEO by 20.55% over the last quarter.

HLEMX - Harding Loevner Emerging Markets Portfolio Advisor holds 113K shares representing 0.26% ownership of the company. In it's prior filing, the firm reported owning 137K shares, representing a decrease of 20.59%. The firm increased its portfolio allocation in BGEO by 0.08% over the last quarter.

TEMUX - Emerging Markets Equity Fund holds 50K shares representing 0.12% ownership of the company. In it's prior filing, the firm reported owning 64K shares, representing a decrease of 26.14%. The firm decreased its portfolio allocation in BGEO by 7.08% over the last quarter.

HLFMX - Harding Loevner Frontier Emerging Markets Portfolio Institutional Class I holds 31K shares representing 0.07% ownership of the company. In it's prior filing, the firm reported owning 33K shares, representing a decrease of 6.16%. The firm increased its portfolio allocation in BGEO by 4.09% over the last quarter.

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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.

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