2 weeks Ago By ABMN Staff
American Century Companies Inc. cut its stake in shares of MINISO Group Holding Limited ( NYSE:MNSO – Free Report ) by 15.6% in the 2nd quarter, HoldingsChannel reports.
The firm owned 135,728 shares of the company’s stock after selling 25,038 shares during the period. American Century Companies Inc.’s holdings in MINISO Group were worth $2,588,000 at the end of the most recent reporting period.
Other hedge funds and other institutional investors have also bought and sold shares of the company. Norges Bank purchased a new position in shares of MINISO Group in the 4th quarter worth about $31,510,000. KEYWISE CAPITAL MANAGEMENT HK Ltd boosted its stake in MINISO Group by 37.
8% in the first quarter. KEYWISE CAPITAL MANAGEMENT HK Ltd now owns 5,223,450 shares of the company’s stock worth $107,081,000 after buying an additional 1,433,950 shares in the last quarter. Sylebra Capital LLC bought a new position in MINISO Group during the first quarter valued at approximately $19,119,000.
Carmignac Gestion raised its stake in shares of MINISO Group by 95,834.7% during the fourth quarter. Carmignac Gestion now owns 735,819 shares of the company’s stock worth $15,010,000 after acquiring an additional 735,052 shares in the last quarter.
Finally, M&G Plc lifted its holdings in shares of MINISO Group by 129.0% in the 2nd quarter. M&G Plc now owns 1,137,449 shares of the company’s stock worth $21,612,000 after acquiring an additional 640,718 shares during the last quarter.
Hedge funds and other institutional investors own 17.16% of the company’s stock. Analyst Ratings Changes Several equities analysts recently commented on the stock.
Bank of America lowered shares of MINISO Group from a “buy” rating to an “underperform” rating in a report on Monday, September 23rd. Dbs Bank raised MINISO Group to a “strong-buy” rating in a research note on Tuesday. Jefferies Financial Group reissued a “hold” rating on shares of MINISO Group in a research note on Monday, September 23rd.
Finally, JPMorgan Chase & Co. restated a “neutral” rating and set a $15.00 price target (down from $27.
00) on shares of MINISO Group in a research report on Tuesday. One research analyst has rated the stock with a sell rating, two have assigned a hold rating and one has assigned a strong buy rating to the company’s stock. According to MarketBeat, the company has an average rating of “Hold” and an average target price of $15.
00. MINISO Group Trading Up 11.0 % Shares of MNSO opened at $17.
13 on Friday. The stock has a market capitalization of $5.41 billion, a P/E ratio of 16.
16, a PEG ratio of 0.56 and a beta of 0.17.
MINISO Group Holding Limited has a twelve month low of $12.51 and a twelve month high of $28.28.
The company has a quick ratio of 1.93, a current ratio of 2.38 and a debt-to-equity ratio of 0.
15. The firm has a fifty day simple moving average of $15.87 and a two-hundred day simple moving average of $19.
34. MINISO Group ( NYSE:MNSO – Get Free Report ) last posted its earnings results on Friday, August 30th. The company reported $0.
26 earnings per share (EPS) for the quarter. MINISO Group had a return on equity of 26.41% and a net margin of 15.
72%. The company had revenue of $555.26 million for the quarter, compared to analysts’ expectations of $557.
54 million. On average, research analysts anticipate that MINISO Group Holding Limited will post 1.23 EPS for the current year.
MINISO Group Announces Dividend The business also recently declared a Semi-Annual dividend, which was paid on Thursday, September 26th. Investors of record on Friday, September 13th were issued a $0.274 dividend.
This represents a yield of 1.6%. The ex-dividend date was Friday, September 13th.
MINISO Group’s dividend payout ratio (DPR) is currently 49.06%. MINISO Group Company Profile ( Free Report ) MINISO Group Holding Limited, an investment holding company, engages in the retail and wholesale of lifestyle products and pop toy products in China, Asia, the United States, and Europe.
The company offers products in various categories, including home decor products, small electronics, textiles, accessories, beauty tools, toys, cosmetics, personal care products, snacks, fragrances and perfumes, and stationeries and gifts under the MINISO and WonderLife brand names; and blind boxes, toy bricks, model figures, model kits, collectible dolls, Ichiban Kuji, sculptures, and other popular toys under the TOP TOY brand. See Also Want to see what other hedge funds are holding MNSO? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for MINISO Group Holding Limited ( NYSE:MNSO – Free Report ).
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