DekaBank Deutsche Girozentrale Trims Stock Holdings in MINISO Group Holding Limited (NYSE:MNSO)

DekaBank Deutsche Girozentrale lessened its stake in shares of MINISO Group Holding Limited (NYSE:MNSO) by 36.5% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm 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 SEC filing.

A number of other institutional investors have also made changes to their positions in the stock. PNC Financial Services Group Inc. raised its stake in shares of 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 acquiring an additional 492 shares during the period. California Public Employees Retirement System raised its stake in shares of MINISO Group by 0.6% in the 3rd quarter. California Public Employees Retirement System now owns 161,434 shares of the company’s stock valued at $4,181,000 after acquiring an additional 956 shares during the period. Boothbay Fund Management LLC raised its stake in shares of MINISO Group by 1.8% in the 1st quarter. Boothbay Fund Management LLC now owns 61,060 shares of the company’s stock valued at $1,083,000 after acquiring an additional 1,060 shares during the period. Advisors Asset Management Inc. purchased a new stake in shares of MINISO Group in the 3rd quarter valued at approximately $35,000. Finally, Two Sigma Investments LP raised its stake in shares of MINISO Group by 0.3% in the 1st quarter. Two Sigma Investments LP now owns 445,329 shares of the company’s stock valued at $7,900,000 after acquiring an additional 1,383 shares during the period. 17.16% of the stock is currently owned by institutional investors and hedge funds.

MINISO Group Price Performance

Shares of MNSO opened at $19.02 on Wednesday. MINISO Group Holding Limited has a fifty-two week low of $14.46 and a fifty-two week high of $29.92. The firm’s 50 day moving average price is $19.22 and its 200 day moving average price is $21.51. The company has a market cap of $6.01 billion, a P/E ratio of 18.65, a PEG ratio of 0.73 and a beta of 0.27. 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 (NYSE:MNSO) last announced its earnings results on Tuesday, March 12th. The company reported $0.29 earnings per share for the quarter. MINISO Group had a net margin of 16.28% and a return on equity of 25.43%. The firm had revenue of $541.04 million for the quarter. On average, research analysts forecast that MINISO Group Holding Limited will post 1.12 earnings per share for the current fiscal year.

MINISO Group Announces Dividend

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