This morning we watched Tencent Music Entertainment drop -1.3% to a price of $23.98 per share. The Large-Cap Broadcasting company is now trading -15.58% below its average target price of $28.41. Analysts have set target prices ranging from $17.050053 to $33.03658 per share for Tencent Music Entertainment, and have given the stock an average rating of buy.
Tencent Music Entertainment's short interest — meaning the percentage of the share float that is being shorted — is lower than average at 3.8%. The stock's short ratio is 2.61. At 0.0%, the company's rate of insider ownership does not indicate that management is heavily invested in the corporation.
Another number to watch is the company's rate of institutional share ownership, which now stands at 67.6%. In conclusion, we believe there is mixed market sentiment regarding Tencent Music Entertainment.
Institutions Invested in Tencent Music Entertainment
| Date Reported | Holder | Percentage | Shares | Value |
|---|---|---|---|---|
| 2025-06-30 | Schroder Investment Management Group | 8% | 67,948,198 | $1,629,737,570 |
| 2025-06-30 | Blackrock Inc. | 4% | 35,666,692 | $855,465,629 |
| 2025-06-30 | Vanguard Group Inc | 2% | 21,405,552 | $513,412,177 |
| 2025-06-30 | JPMORGAN CHASE & CO | 2% | 19,501,541 | $467,744,472 |
| 2025-06-30 | Cantillon Capital Management LLC | 2% | 18,687,995 | $448,231,571 |
| 2025-06-30 | FMR, LLC | 2% | 16,940,148 | $406,309,460 |
| 2025-06-30 | BAILLIE GIFFORD & CO | 2% | 16,813,324 | $403,267,586 |
| 2025-06-30 | Krane Funds Advisors LLC | 2% | 15,164,231 | $363,714,089 |
| 2025-06-30 | State Street Corporation | 1% | 12,553,992 | $301,107,505 |
| 2025-06-30 | Capital World Investors | 1% | 12,305,461 | $295,146,489 |
