MINISO Group Holding Limited (NYSE:MNSO) Shares Sold by Mariner LLC

Mariner LLC reduced its stake in MINISO Group Holding Limited (NYSE:MNSO) by 5.2% in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 14,892 shares of the company’s stock after selling 822 shares during the period. Mariner LLC’s holdings in MINISO Group were worth $356,000 as of its most recent SEC filing.

Several other institutional investors also recently made changes to their positions in MNSO. SBI Securities Co. Ltd. bought a new position in MINISO Group during the 4th quarter worth $31,000. Barclays PLC bought a new position in shares of MINISO Group during the fourth quarter worth about $36,000. EverSource Wealth Advisors LLC grew its position in shares of MINISO Group by 83.0% during the fourth quarter. EverSource Wealth Advisors LLC now owns 1,618 shares of the company’s stock worth $39,000 after acquiring an additional 734 shares during the last quarter. SG Americas Securities LLC bought a new stake in MINISO Group in the 4th quarter valued at about $163,000. Finally, Orion Portfolio Solutions LLC acquired a new position in MINISO Group during the 4th quarter valued at about $202,000. 17.16% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

A number of equities research analysts have recently weighed in on the company. Hsbc Global Res raised MINISO Group to a “strong-buy” rating in a report on Wednesday, February 26th. HSBC assumed coverage on MINISO Group in a research note on Wednesday, February 26th. They set a “buy” rating and a $29.30 target price on the stock. Finally, JPMorgan Chase & Co. raised MINISO Group from a “neutral” rating to an “overweight” rating and increased their price target for the stock from $15.00 to $22.00 in a research note on Tuesday, March 25th. One analyst has rated the stock with a sell rating, one has issued a hold rating, three have issued a buy rating and two have assigned a strong buy rating to the stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $26.03.

MINISO Group Stock Down 0.5 %

MNSO opened at $18.11 on Friday. The stock’s fifty day moving average is $18.25 and its 200-day moving average is $20.48. MINISO Group Holding Limited has a one year low of $12.51 and a one year high of $27.71. The company has a market capitalization of $5.67 billion, a PE ratio of 16.32, a P/E/G ratio of 0.80 and a beta of 0.18. The company has a debt-to-equity ratio of 0.17, a quick ratio of 1.66 and a current ratio of 2.14.

MINISO Group (NYSE:MNSO) last issued its quarterly earnings results on Friday, March 21st. The company reported $0.36 earnings per share for the quarter, missing analysts’ consensus estimates of $2.61 by ($2.25). The business had revenue of $646.49 million during the quarter, compared to analyst estimates of $4.82 billion. MINISO Group had a net margin of 15.18% and a return on equity of 26.07%. On average, equities analysts predict that MINISO Group Holding Limited will post 1.19 EPS for the current fiscal year.

MINISO Group Dividend Announcement

The business also recently declared a — dividend, which was paid on Wednesday, April 23rd. Shareholders of record on Tuesday, April 8th were issued a $0.3268 dividend. The ex-dividend date was Tuesday, April 8th. This represents a dividend yield of 1.4%. MINISO Group’s dividend payout ratio is currently 53.39%.

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.