MINISO Group Holding Limited (NYSE:MNSO) Shares Sold by DekaBank Deutsche Girozentrale

DekaBank Deutsche Girozentrale decreased its position in shares of MINISO Group Holding Limited (NYSE:MNSO) by 36.5% in the 4th quarter, HoldingsChannel.com reports. The fund owned 14,779 shares of the company’s stock after selling 8,482 shares during the quarter. DekaBank Deutsche Girozentrale’s holdings in MINISO Group were worth $302,000 as of its most recent filing with the SEC.

Other institutional investors have also modified their holdings of the company. PNC Financial Services Group Inc. lifted its position in MINISO Group by 95.3% in the 3rd quarter. PNC Financial Services Group Inc. now owns 1,008 shares of the company’s stock valued at $26,000 after purchasing an additional 492 shares during the last quarter. California Public Employees Retirement System increased its stake in shares of MINISO Group by 0.6% in the third quarter. California Public Employees Retirement System now owns 161,434 shares of the company’s stock valued at $4,181,000 after purchasing an additional 956 shares during the period. Boothbay Fund Management LLC increased its stake in shares of MINISO Group by 1.8% in the first quarter. Boothbay Fund Management LLC now owns 61,060 shares of the company’s stock valued at $1,083,000 after purchasing an additional 1,060 shares during the period. Advisors Asset Management Inc. bought a new stake in shares of MINISO Group during the third quarter valued at approximately $35,000. Finally, Two Sigma Investments LP boosted its position in shares of MINISO Group by 0.3% during the first quarter. Two Sigma Investments LP now owns 445,329 shares of the company’s stock worth $7,900,000 after buying an additional 1,383 shares during the period. Institutional investors own 17.16% of the company’s stock.

MINISO Group Stock Performance

Shares of MNSO stock opened at $19.02 on Wednesday. The business has a 50 day simple moving average of $19.22 and a 200 day simple moving average of $21.51. The company has a debt-to-equity ratio of 0.09, a current ratio of 2.34 and a quick ratio of 1.91. The firm has a market capitalization of $6.01 billion, a price-to-earnings ratio of 18.65, a price-to-earnings-growth ratio of 0.73 and a beta of 0.27. 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 released its quarterly earnings results on Tuesday, March 12th. The company reported $0.29 earnings per share (EPS) for the quarter. The company had revenue of $541.04 million during the quarter. MINISO Group had a return on equity of 25.43% and a net margin of 16.28%. On average, equities research analysts anticipate that MINISO Group Holding Limited will post 1.12 EPS for the current year.

MINISO Group Announces Dividend

The business also recently announced a None dividend, which was paid on Friday, April 12th. Investors of record on Thursday, March 28th were given a $0.29 dividend. The ex-dividend date of this dividend was Wednesday, March 27th. This represents a yield of 2%. MINISO Group’s dividend payout ratio is presently 38.24%.

MINISO Group 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.