Radico Khaitan (NSEI:RADICO) Price Target Increased by 13.27% to 1,755.87

The average one-year price target for Radico Khaitan (NSEI:RADICO) has been revised to 1,755.87 / share. This is an increase of 13.27% from the prior estimate of 1,550.14 dated January 16, 2024.

The price target is an average of many targets provided by analysts. The latest targets range from a low of 1,111.00 to a high of 2,173.50 / share. The average price target represents an increase of 8.30% from the latest reported closing price of 1,621.35 / share.

Radico Khaitan Maintains 0.19% Dividend Yield

At the most recent price, the company's dividend yield is 0.19%.

Additionally, the company's dividend payout ratio is 0.16. 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 0.50%, demonstrating that it has increased its dividend over time.

What is the Fund Sentiment?

There are 37 funds or institutions reporting positions in Radico Khaitan. This is a decrease of 5 owner(s) or 11.90% in the last quarter. Average portfolio weight of all funds dedicated to RADICO is 0.27%, an increase of 22.12%. Total shares owned by institutions decreased in the last three months by 2.01% to 5,438K shares.

What are Other Shareholders Doing?

IN:RADICO / Radico Khaitan Limited Shares Held by Institutions

VEIEX - Vanguard Emerging Markets Stock Index Fund Investor Shares holds 1,112K shares representing 0.83% ownership of the company. In it's prior filing, the firm reported owning 1,133K shares, representing a decrease of 1.93%. The firm decreased its portfolio allocation in RADICO by 7.80% over the last quarter.

VGTSX - Vanguard Total International Stock Index Fund Investor Shares holds 1,091K shares representing 0.82% ownership of the company. In it's prior filing, the firm reported owning 1,075K shares, representing an increase of 1.53%. The firm decreased its portfolio allocation in RADICO by 6.51% over the last quarter.

IEMG - iShares Core MSCI Emerging Markets ETF holds 811K shares representing 0.61% ownership of the company. No change in the last quarter.

DFCEX - Emerging Markets Core Equity Portfolio - Institutional Class holds 486K shares representing 0.36% ownership of the company. In it's prior filing, the firm reported owning 491K shares, representing a decrease of 1.13%. The firm decreased its portfolio allocation in RADICO by 6.76% over the last quarter.

MSMLX - MATTHEWS ASIA SMALL COMPANIES FUND Investor Class Shares holds 480K shares representing 0.36% ownership of the company. In it's prior filing, the firm reported owning 433K shares, representing an increase of 9.61%. The firm increased its portfolio allocation in RADICO by 45.96% 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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