XY Capital Ltd Sells 55,093 Shares of MINISO Group Holding Limited (NYSE:MNSO)

XY Capital Ltd cut its stake in shares of MINISO Group Holding Limited (NYSE:MNSO - Free Report) by 18.8% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 237,595 shares of the company's stock after selling 55,093 shares during the period. MINISO Group makes up 2.7% of XY Capital Ltd's holdings, making the stock its 4th biggest holding. XY Capital Ltd owned approximately 0.08% of MINISO Group worth $5,676,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors have also recently made changes to their positions in the company. M&G PLC lifted its stake in MINISO Group by 217.5% in the third quarter. M&G PLC now owns 3,611,656 shares of the company's stock worth $65,010,000 after acquiring an additional 2,474,207 shares during the last quarter. LMR Partners LLP purchased a new stake in shares of MINISO Group during the 3rd quarter worth approximately $11,384,000. Citigroup Inc. increased its holdings in shares of MINISO Group by 553.7% in the 3rd 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 period. International Assets Investment Management LLC acquired a new position in shares of MINISO Group in the 3rd quarter valued at $923,000. Finally, Nordea Investment Management AB increased its holdings in shares of MINISO Group by 14.9% in the 4th quarter. Nordea Investment Management AB now owns 333,729 shares of the company's stock valued at $8,020,000 after acquiring an additional 43,151 shares during the period. Institutional investors and hedge funds own 17.16% of the company's stock.

MINISO Group Stock Performance

Shares of MINISO Group stock traded up $0.09 during trading on Thursday, reaching $22.60. The company's stock had a trading volume of 737,530 shares, compared to its average volume of 1,030,520. The company has a 50-day moving average price of $23.75 and a two-hundred day moving average price of $19.53. The firm has a market cap of $7.06 billion, a PE ratio of 20.36, a P/E/G ratio of 0.81 and a beta of 0.07. MINISO Group Holding Limited has a fifty-two week low of $12.51 and a fifty-two week high of $27.71. The company has a current ratio of 2.14, a quick ratio of 1.66 and a debt-to-equity ratio of 0.17.

MINISO Group (NYSE:MNSO - Get Free Report) last announced its earnings results on Friday, November 29th. The company reported $0.30 EPS for the quarter. MINISO Group had a net margin of 15.18% and a return on equity of 26.07%. On average, analysts forecast that MINISO Group Holding Limited will post 1.19 EPS for the current year.

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.