Lenovo Group (992) Price Target Increased by 12.00% to 10.68

The average one-year price target for Lenovo Group (992) has been revised to 10.68 / share. This is an increase of 12.00% from the prior estimate of 9.54 dated October 31, 2023.

The price target is an average of many targets provided by analysts. The latest targets range from a low of 7.56 to a high of 12.38 / share. The average price target represents an increase of 12.07% from the latest reported closing price of 9.53 / share.

Lenovo Group Maintains 3.99% Dividend Yield

At the most recent price, the company's dividend yield is 3.99%.

Additionally, the company's dividend payout ratio is 4.72. 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 0.37%, demonstrating that it has increased its dividend over time.

What is the Fund Sentiment?

There are 248 funds or institutions reporting positions in Lenovo Group. This is an increase of 3 owner(s) or 1.22% in the last quarter. Average portfolio weight of all funds dedicated to 992 is 0.39%, an increase of 0.57%. Total shares owned by institutions increased in the last three months by 1.74% to 954,638K shares.

What are Other Shareholders Doing?

HK:992 / Lenovo Group Ltd Shares Held by Institutions

VGTSX - Vanguard Total International Stock Index Fund Investor Shares holds 100,466K shares representing 0.83% ownership of the company. In it's prior filing, the firm reported owning 98,856K shares, representing an increase of 1.60%. The firm increased its portfolio allocation in 992 by 8.64% over the last quarter.

IEMG - iShares Core MSCI Emerging Markets ETF holds 66,384K shares representing 0.55% ownership of the company. In it's prior filing, the firm reported owning 66,202K shares, representing an increase of 0.27%. The firm increased its portfolio allocation in 992 by 15.54% over the last quarter.

VTMGX - Vanguard Developed Markets Index Fund Admiral Shares holds 59,646K shares representing 0.49% ownership of the company. In it's prior filing, the firm reported owning 57,302K shares, representing an increase of 3.93%. The firm decreased its portfolio allocation in 992 by 3.58% over the last quarter.

LZOEX - Lazard Emerging Markets Equity Portfolio Open Shares holds 54,376K shares representing 0.45% ownership of the company. In it's prior filing, the firm reported owning 51,742K shares, representing an increase of 4.84%. The firm increased its portfolio allocation in 992 by 8.11% over the last quarter.

FEMSX - Fidelity Series Emerging Markets Opportunities Fund holds 48,960K shares representing 0.40% ownership of the company. In it's prior filing, the firm reported owning 7,218K shares, representing an increase of 85.26%. The firm increased its portfolio allocation in 992 by 615.22% 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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