Asset Management One Co. Ltd. Sells 4,340 Shares of MINISO Group Holding Limited (NYSE:MNSO)

Asset Management One Co. Ltd. lowered its stake in shares of MINISO Group Holding Limited (NYSE:MNSO) by 29.7% in the fourth quarter, according to its most recent disclosure with the SEC. The fund owned 10,297 shares of the company’s stock after selling 4,340 shares during the period. Asset Management One Co. Ltd.’s holdings in MINISO Group were worth $208,000 as of its most recent filing with the SEC.

A number of other large investors have also made changes to their positions in the stock. BlackRock Inc. raised its position in shares of MINISO Group by 3.3% during the second quarter. BlackRock Inc. now owns 4,029,145 shares of the company’s stock valued at $68,455,000 after buying an additional 127,537 shares during the last quarter. Acadian Asset Management LLC raised its position in MINISO Group by 8.1% in the third quarter. Acadian Asset Management LLC now owns 3,532,627 shares of the company’s stock worth $91,456,000 after purchasing an additional 265,483 shares in the last quarter. Vanguard Group Inc. raised its position in MINISO Group by 1.4% in the third quarter. Vanguard Group Inc. now owns 3,490,090 shares of the company’s stock worth $90,393,000 after purchasing an additional 49,492 shares in the last quarter. KEYWISE CAPITAL MANAGEMENT HK Ltd raised its position in MINISO Group by 45.1% in the third quarter. KEYWISE CAPITAL MANAGEMENT HK Ltd now owns 3,224,200 shares of the company’s stock worth $83,507,000 after purchasing an additional 1,002,600 shares in the last quarter. Finally, Ontario Teachers Pension Plan Board raised its position in MINISO Group by 34.1% in the first quarter. Ontario Teachers Pension Plan Board now owns 2,950,000 shares of the company’s stock worth $23,010,000 after purchasing an additional 750,000 shares in the last quarter. Institutional investors and hedge funds own 17.16% of the company’s stock.

MINISO Group Stock Performance

NYSE:MNSO opened at $21.17 on Monday. The firm has a market capitalization of $6.69 billion, a PE ratio of 20.76, a price-to-earnings-growth ratio of 0.73 and a beta of 0.27. The firm has a 50-day moving average price of $19.08 and a 200 day moving average price of $21.59. The company has a quick ratio of 1.91, a current ratio of 2.34 and a debt-to-equity ratio of 0.09. MINISO Group Holding Limited has a 12-month low of $14.46 and a 12-month high of $29.92.

MINISO Group (NYSE:MNSO) last posted its quarterly earnings data on Tuesday, March 12th. The company reported $0.29 earnings per share for the quarter. The company had revenue of $541.04 million during the quarter. MINISO Group had a net margin of 16.28% and a return on equity of 25.43%. Research analysts anticipate that MINISO Group Holding Limited will post 1.12 earnings per share for the current fiscal year.

MINISO Group Announces Dividend

The company also recently disclosed a None dividend, which was paid on Friday, April 12th. Stockholders of record on Thursday, March 28th were issued a dividend of $0.29 per share. This represents a dividend yield of 2%. The ex-dividend date of this dividend was Wednesday, March 27th. MINISO Group’s payout ratio is 38.24%.

MINISO Group Company Profile

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.