The average one-year price target for Federal Bank (NSE:FEDERALBNK) has been revised to 173.82 / share. This is an increase of 5.22% from the prior estimate of 165.20 dated October 4, 2023.
The price target is an average of many targets provided by analysts. The latest targets range from a low of 141.40 to a high of 204.75 / share. The average price target represents an increase of 23.32% from the latest reported closing price of 140.95 / share.
Federal Bank Maintains 0.71% Dividend Yield
At the most recent price, the company’s dividend yield is 0.71%.
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 70 funds or institutions reporting positions in Federal Bank. This is an increase of 1 owner(s) or 1.45% in the last quarter. Average portfolio weight of all funds dedicated to FEDERALBNK is 0.29%, an increase of 3.01%. Total shares owned by institutions increased in the last three months by 2.95% to 150,624K shares.
What are Other Shareholders Doing?
VEIEX – Vanguard Emerging Markets Stock Index Fund Investor Shares holds 22,887K shares representing 0.94% ownership of the company. In it’s prior filing, the firm reported owning 21,993K shares, representing an increase of 3.91%. The firm decreased its portfolio allocation in FEDERALBNK by 3.63% over the last quarter.
VGTSX – Vanguard Total International Stock Index Fund Investor Shares holds 22,176K shares representing 0.91% ownership of the company. In it’s prior filing, the firm reported owning 20,587K shares, representing an increase of 7.17%. The firm increased its portfolio allocation in FEDERALBNK by 2.04% over the last quarter.
IEMG – iShares Core MSCI Emerging Markets ETF holds 16,540K shares representing 0.68% ownership of the company. In it’s prior filing, the firm reported owning 15,900K shares, representing an increase of 3.87%. The firm increased its portfolio allocation in FEDERALBNK by 14.56% over the last quarter.
DFCEX – Emerging Markets Core Equity Portfolio – Institutional Class holds 14,518K shares representing 0.60% ownership of the company. In it’s prior filing, the firm reported owning 15,184K shares, representing a decrease of 4.59%. The firm decreased its portfolio allocation in FEDERALBNK by 10.85% over the last quarter.
Dimensional Emerging Markets Value Fund – Dimensional Emerging Markets Value Fund holds 9,464K shares representing 0.39% ownership of the company. No change in the last quarter.
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