Janney Montgomery Scott LLC reduced its stake in shares of MINISO Group Holding Limited (NYSE:MNSO - Free Report) by 45.5% in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 16,364 shares of the company's stock after selling 13,654 shares during the quarter. Janney Montgomery Scott LLC's holdings in MINISO Group were worth $391,000 as of its most recent filing with the SEC.
Several other institutional investors have also made changes to their positions in MNSO. M&G PLC boosted its holdings in shares of MINISO Group by 217.5% during the third quarter. M&G PLC now owns 3,611,656 shares of the company's stock worth $65,010,000 after purchasing an additional 2,474,207 shares during the period. LMR Partners LLP acquired a new stake in MINISO Group in the third quarter valued at approximately $11,384,000. Citigroup Inc. lifted its stake in MINISO Group by 553.7% in the third quarter. Citigroup Inc. now owns 390,286 shares of the company's stock valued at $6,846,000 after acquiring an additional 330,579 shares during the last quarter. XY Capital Ltd acquired a new stake in MINISO Group in the third quarter valued at approximately $5,134,000. Finally, International Assets Investment Management LLC acquired a new stake in MINISO Group in the third quarter valued at approximately $923,000. 17.16% of the stock is currently owned by institutional investors and hedge funds.
MINISO Group Stock Down 0.3 %
NYSE MNSO traded down $0.07 during trading on Friday, reaching $22.55. The company's stock had a trading volume of 1,035,051 shares, compared to its average volume of 1,030,678. The company has a current ratio of 2.14, a quick ratio of 1.66 and a debt-to-equity ratio of 0.17. The stock has a market capitalization of $7.05 billion, a PE ratio of 20.32, a PEG ratio of 0.81 and a beta of 0.07. The business has a 50-day moving average price of $23.72 and a 200-day moving average price of $19.57. MINISO Group Holding Limited has a 1-year low of $12.51 and a 1-year high of $27.71.
MINISO Group (NYSE:MNSO - Get Free Report) last posted its earnings results on Friday, November 29th. The company reported $0.30 earnings per share (EPS) for the quarter. MINISO Group had a net margin of 15.18% and a return on equity of 26.07%. On average, research analysts forecast that MINISO Group Holding Limited will post 1.19 earnings per share for the current fiscal year.
About MINISO Group
(
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.
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