Fintel reports that ESGE - iShares ESG MSCI EM ETF has filed a NP with the SEC disclosing ownership of 4,229.30K shares of Tencent Holdings Ltd. (HKHKSG:700) valued at $167.37K.

In their previous filing dated April 25, 2023 they reported 4,221.20K shares, an increase of 0.19%.

Analyst Price Forecast Suggests 31.84% Upside

As of July 6, 2023, the average one-year price target for Tencent Holdings is 449.56. The forecasts range from a low of 288.86 to a high of $535.50. The average price target represents an increase of 31.84% from its latest reported closing price of 341.00.

See our leaderboard of companies with the largest price target upside.

The projected annual revenue for Tencent Holdings is 622,405MM, an increase of 9.37%. The projected annual non-GAAP EPS is 14.44.

What is the Fund Sentiment?

There are 741 funds or institutions reporting positions in Tencent Holdings. This is a decrease of 5 owner(s) or 0.67% in the last quarter. Average portfolio weight of all funds dedicated to 700 is 2.65%, an increase of 3.17%. Total shares owned by institutions decreased in the last three months by 0.43% to 843,478K shares.

What are Other Shareholders Doing?

VEIEX - Vanguard Emerging Markets Stock Index Fund Investor Shares holds 83,082K shares representing 0.88% ownership of the company. In it's prior filing, the firm reported owning 83,443K shares, representing a decrease of 0.43%. The firm decreased its portfolio allocation in 700 by 5.66% over the last quarter.

VGTSX - Vanguard Total International Stock Index Fund Investor Shares holds 79,341K shares representing 0.84% ownership of the company. In it's prior filing, the firm reported owning 79,215K shares, representing an increase of 0.16%. The firm decreased its portfolio allocation in 700 by 8.58% over the last quarter.

IEMG - iShares Core MSCI Emerging Markets ETF holds 57,420K shares representing 0.61% ownership of the company. In it's prior filing, the firm reported owning 54,552K shares, representing an increase of 4.99%. The firm increased its portfolio allocation in 700 by 18.03% over the last quarter.

VWIGX - Vanguard International Growth Fund Investor Shares holds 31,534K shares representing 0.33% ownership of the company. In it's prior filing, the firm reported owning 37,002K shares, representing a decrease of 17.34%. The firm decreased its portfolio allocation in 700 by 0.06% over the last quarter.

MCHI - iShares MSCI China ETF holds 25,128K shares representing 0.27% ownership of the company. In it's prior filing, the firm reported owning 25,286K shares, representing a decrease of 0.63%. The firm decreased its portfolio allocation in 700 by 1.16% over the last quarter.

Tencent Holdings Maintains 0.70% Dividend Yield

At the most recent price, the company's dividend yield is 0.70%.

Additionally, the company's dividend payout ratio is 0.12. 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 1.00%, demonstrating that it has increased its dividend over time.