Tencent Music Entertainment Group’s (TME) “Neutral” Rating Reiterated at UBS Group

UBS Group restated their neutral rating on shares of Tencent Music Entertainment Group (NYSE:TME) in a report released on Wednesday morning, Marketbeat Ratings reports. They currently have a $13.00 price objective on the stock, down from their previous price objective of $26.00.

A number of other equities research analysts have also recently weighed in on the stock. Jefferies Financial Group reissued a “buy” rating and issued a $23.00 price target on shares of Tencent Music Entertainment Group in a research report on Tuesday. Weiss Ratings reaffirmed a “hold (c+)” rating on shares of Tencent Music Entertainment Group in a report on Monday, December 29th. Benchmark reissued a “hold” rating on shares of Tencent Music Entertainment Group in a report on Wednesday. Mizuho decreased their target price on Tencent Music Entertainment Group from $28.00 to $23.00 and set an “outperform” rating for the company in a research report on Wednesday. Finally, Daiwa Securities Group restated a “hold” rating and set a $12.00 price target on shares of Tencent Music Entertainment Group in a research note on Wednesday. One research analyst has rated the stock with a Strong Buy rating, seven have issued a Buy rating and eight have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, Tencent Music Entertainment Group presently has a consensus rating of “Moderate Buy” and a consensus target price of $22.03.

Tencent Music Entertainment Group Trading Down 1.7%

Shares of Tencent Music Entertainment Group stock opened at $10.11 on Wednesday. The company has a current ratio of 2.22, a quick ratio of 2.08 and a debt-to-equity ratio of 0.04. The company has a fifty day simple moving average of $15.23 and a 200-day simple moving average of $19.01. The stock has a market cap of $17.35 billion, a price-to-earnings ratio of 10.21, a PEG ratio of 0.65 and a beta of 0.56. Tencent Music Entertainment Group has a 12-month low of $9.86 and a 12-month high of $26.70.

Tencent Music Entertainment Group Increases Dividend

The business also recently announced an annual dividend, which will be paid on Thursday, April 23rd. Stockholders of record on Thursday, April 2nd will be issued a $0.24 dividend. The ex-dividend date of this dividend is Thursday, April 2nd. This is an increase from Tencent Music Entertainment Group’s previous annual dividend of $0.18. This represents a dividend yield of 238.0%. Tencent Music Entertainment Group’s dividend payout ratio is presently 17.17%.

Institutional Investors Weigh In On Tencent Music Entertainment Group

Hedge funds have recently modified their holdings of the stock. Royal Bank of Canada raised its stake in shares of Tencent Music Entertainment Group by 9.0% during the 1st quarter. Royal Bank of Canada now owns 144,475 shares of the company’s stock worth $2,082,000 after buying an additional 11,979 shares in the last quarter. AQR Capital Management LLC lifted its holdings in shares of Tencent Music Entertainment Group by 107.5% in the 1st quarter. AQR Capital Management LLC now owns 85,450 shares of the company’s stock valued at $1,231,000 after buying an additional 44,265 shares during the period. Jones Financial Companies Lllp purchased a new stake in shares of Tencent Music Entertainment Group in the first quarter valued at approximately $985,000. Acadian Asset Management LLC grew its holdings in Tencent Music Entertainment Group by 385,900.0% during the first quarter. Acadian Asset Management LLC now owns 50,180 shares of the company’s stock worth $722,000 after acquiring an additional 50,167 shares during the period. Finally, PNC Financial Services Group Inc. grew its holdings in Tencent Music Entertainment Group by 11.0% during the second quarter. PNC Financial Services Group Inc. now owns 12,799 shares of the company’s stock worth $249,000 after acquiring an additional 1,269 shares during the period. 24.32% of the stock is owned by institutional investors and hedge funds.

Key Tencent Music Entertainment Group News

Here are the key news stories impacting Tencent Music Entertainment Group this week:

• Positive Sentiment: Company raised its annual dividend 33.3% to $0.24 per share (ex-div April 2), a materially higher yield that can attract income-focused buyers and support the share price.
• Positive Sentiment: Q4 earnings highlights showed strong revenue growth, strategic partnerships (including a new Warner deal) and product traction (notably growth in AI production users) — fundamentals that underpin upside potential. Tencent Music Entertainment Group Q4 Earnings Call Highlights
• Positive Sentiment: High-profile content and engagement catalyst: pre-orders launched for Jay Chou’s new album on TME platforms, a likely near-term traffic and monetization boost in Greater China. Jay Chou album pre-orders on TME
• Positive Sentiment: Unusually high call-option activity and reported purchases of call volume suggest some traders are positioning for a rally, adding short-term upside momentum. Traders Purchase High Volume of Tencent Music Call Options
• Neutral Sentiment: Barclays lowered its price target from $28 to $20 but kept an Overweight stance — a mixed signal: lower upside math but still positive relative conviction. Barclays lowers PT to $20
• Neutral Sentiment: Several brokerages (Morgan Stanley reaffirmed equal weight; Daiwa and Benchmark issued Hold/neutral ratings) — the consensus from multiple firms is cautious, implying limited near-term analyst-driven upside. Finviz: Morgan Stanley equal weight
• Neutral Sentiment: Market write-ups and analyst-roundup pieces note mixed views across peers (Globe and Mail coverage), keeping sentiment fragmented. Analysts Conflicted on Netflix and TME
• Negative Sentiment: Mizuho published a pessimistic forecast for TME’s stock price, which can pressure sentiment and trigger selling among institutional investors. Mizuho pessimist forecast
• Negative Sentiment: UBS-related headlines include a downgrade/negative coverage in some outlets, contributing to downside pressure from the sell-side narrative and reducing conviction among momentum traders. UBS downgrades TME (MSN)

Tencent Music Entertainment Group Company Profile

Tencent Music Entertainment Group (NYSE: TME) is a China-based digital music and audio entertainment platform that operates a portfolio of leading music streaming and social entertainment services. Its core consumer-facing products include streaming apps, online karaoke (KTV) services and live music and entertainment broadcasts. The company monetizes its content through a mix of subscriptions, digital music sales, in-app purchases, virtual gifting, advertising and licensing arrangements with rights holders.

The company traces its roots to the consolidation of Tencent’s music assets and was established in the mid-2010s to unify several prominent music properties under a single operating entity.