BNP Paribas Financial Markets Invests $3.78 Million in MINISO Group Holding Limited (NYSE:MNSO)

BNP Paribas Financial Markets acquired a new position in MINISO Group Holding Limited (NYSE:MNSO - Free Report) during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund acquired 158,213 shares of the company's stock, valued at approximately $3,780,000. BNP Paribas Financial Markets owned 0.05% of MINISO Group at the end of the most recent quarter.

Several other large investors have also recently modified their holdings of the stock. SBI Securities Co. Ltd. purchased a new position in MINISO Group during the 4th quarter valued at about $31,000. Barclays PLC bought a new stake in MINISO Group during the 4th quarter valued at approximately $36,000. EverSource Wealth Advisors LLC boosted its position in MINISO Group by 83.0% during the 4th quarter. EverSource Wealth Advisors LLC now owns 1,618 shares of the company's stock valued at $39,000 after acquiring an additional 734 shares in the last quarter. SG Americas Securities LLC bought a new stake in MINISO Group during the 4th quarter valued at approximately $163,000. Finally, Orion Portfolio Solutions LLC bought a new stake in MINISO Group during the 4th quarter valued at approximately $202,000. Hedge funds and other institutional investors own 17.16% of the company's stock.

Analyst Ratings Changes

A number of brokerages have recently commented on MNSO. JPMorgan Chase & Co. raised MINISO Group from a "neutral" rating to an "overweight" rating and boosted their price target for the stock from $15.00 to $22.00 in a research report on Tuesday, March 25th. HSBC began coverage on MINISO Group in a research report on Wednesday, February 26th. They issued a "buy" rating and a $29.30 price target on the stock. Finally, Hsbc Global Res upgraded shares of MINISO Group to a "strong-buy" rating in a report on Wednesday, February 26th. One investment analyst has rated the stock with a sell rating, one has assigned a hold rating, three have given a buy rating and two have assigned a strong buy rating to the company. According to MarketBeat.com, the company has an average rating of "Moderate Buy" and an average price target of $26.03.

MINISO Group Stock Up 1.5%

NYSE MNSO traded up $0.31 on Tuesday, hitting $21.09. The stock had a trading volume of 97,741 shares, compared to its average volume of 1,688,569. The business's fifty day moving average price is $18.11 and its 200 day moving average price is $20.60. The company has a debt-to-equity ratio of 0.17, a current ratio of 2.14 and a quick ratio of 1.66. MINISO Group Holding Limited has a 52-week low of $12.51 and a 52-week high of $27.71. The stock has a market cap of $6.60 billion, a price-to-earnings ratio of 19.00, a price-to-earnings-growth ratio of 0.80 and a beta of 0.18.

MINISO Group (NYSE:MNSO - Get Free Report) last released its quarterly earnings data on Friday, March 21st. The company reported $0.36 EPS for the quarter, missing the consensus estimate of $2.61 by ($2.25). The business had revenue of $646.49 million during the quarter, compared to analysts' expectations of $4.82 billion. MINISO Group had a net margin of 15.18% and a return on equity of 26.07%. Equities research analysts anticipate that MINISO Group Holding Limited will post 1.19 earnings per share for the current year.

MINISO Group Announces Dividend

The company also recently declared a -- dividend, which was paid on Wednesday, April 23rd. Stockholders of record on Tuesday, April 8th were paid a $0.3268 dividend. This represents a dividend yield of 1.4%. The ex-dividend date of this dividend was Tuesday, April 8th. MINISO Group's dividend payout ratio is presently 53.39%.

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.