Kokuyo Analysis: Price Target and Dividend Yield

Price Target Update for Kokuyo

The average price target for Kokuyo (TYO:7984) has been revised upward, now standing at 2,652.00 yen per share. This represents an increase of 18.18% compared to the previous estimate of 2,244.00 yen, dated August 1, 2023.

This new price target is the result of an average of projections provided by various market analysts. The range of the latest targets varies between a minimum of 2,626.00 and a maximum of 2,730.00 yen per share. It is important to note that the current average price target implies a potential appreciation of 18.60% from the last reported closing price of 2,236.00 yen.

Dividend Yield and Distribution Policy

At the current price, Kokuyo offers a dividend yield of 2.91%, which may be attractive to investors looking for regular income.

Additionally, the company maintains a dividend payout ratio of 0.39. This indicator reveals that Kokuyo distributes 39% of its profits in the form of dividends, which is considered healthy and sustainable. This policy allows the company to retain sufficient resources to reinvest in its future growth while rewarding its shareholders.

The dividend growth rate of Kokuyo over the last 3 years has been 0.67%, demonstrating a commitment to the gradual increase of shareholder remuneration.

Institutional Funds Sentiment

The presence of institutional investors in Kokuyo's shareholding has remained stable in the last quarter. However, some changes in their positions are observed:

• The average weight of Kokuyo in the portfolios of the funds dedicated to this stock is 0.04%, which represents a decrease of 3.46%.
• The total number of shares held by institutions has experienced a slight decrease of 0.10% in the last three months, standing at 5.69 million shares.

Main Institutional Shareholders

Breakdown of the most significant holdings:

1. A fund holds 1.07 million shares, representing 0.93% of the company. No changes in the last quarter.
2. Another fund holds 643,000 shares, 0.56% of the company. It has increased its position by 2.91%, although it has reduced the weight of Kokuyo in its portfolio by 4.54%.
3. A third fund has 575,000 shares, equivalent to 0.50% of the company. No changes.
4. The fourth most important fund has 450,000 shares, 0.39% of the total. Stable position.
5. A fifth fund holds 358,000 shares, representing 0.31% of Kokuyo. No variations.

This detailed analysis provides a comprehensive view of the current situation of Kokuyo, including valuation prospects, dividend policy, and the interest of institutional investors. CEX platform investors can use this information to assess Kokuyo's potential as part of a diversified investment strategy in the Japanese market.