Nichias (TSE:5393) Price Target Increased by 5.71% to 3,774.00

The average one-year price target for Nichias (TSE:5393) has been revised to 3,774.00 / share. This is an increase of 5.71% from the prior estimate of 3,570.00 dated January 16, 2024.

The price target is an average of many targets provided by analysts. The latest targets range from a low of 3,434.00 to a high of 4,410.00 / share. The average price target represents an increase of 0.37% from the latest reported closing price of 3,760.00 / share.

Nichias Maintains 2.66% Dividend Yield

At the most recent price, the company's dividend yield is 2.66%.

Additionally, the company's dividend payout ratio is 0.28. 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 0.25%, demonstrating that it has increased its dividend over time.

What is the Fund Sentiment?

There are 74 funds or institutions reporting positions in Nichias. This is an increase of 4 owner(s) or 5.71% in the last quarter. Average portfolio weight of all funds dedicated to 5393 is 0.09%, an increase of 10.68%. Total shares owned by institutions increased in the last three months by 7.91% to 4,951K shares.

What are Other Shareholders Doing?

JP:5393 / Nichias Corporation Shares Held by Institutions

VGTSX - Vanguard Total International Stock Index Fund Investor Shares holds 795K shares representing 1.20% ownership of the company. In it's prior filing, the firm reported owning 771K shares, representing an increase of 3.02%. The firm increased its portfolio allocation in 5393 by 10.47% over the last quarter.

VTMGX - Vanguard Developed Markets Index Fund Admiral Shares holds 442K shares representing 0.67% ownership of the company. In it's prior filing, the firm reported owning 438K shares, representing an increase of 1.08%. The firm increased its portfolio allocation in 5393 by 3.85% over the last quarter.

AVDV - Avantis International Small Cap Value ETF holds 438K shares representing 0.66% ownership of the company. In it's prior filing, the firm reported owning 311K shares, representing an increase of 29.04%. The firm increased its portfolio allocation in 5393 by 7.76% over the last quarter.

IEFA - iShares Core MSCI EAFE ETF holds 415K shares representing 0.63% ownership of the company. In it's prior filing, the firm reported owning 400K shares, representing an increase of 3.61%. The firm increased its portfolio allocation in 5393 by 9.64% over the last quarter.

Dfa Investment Trust Co - The Japanese Small Company Series holds 379K shares representing 0.57% ownership of the company. No change in 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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