Caption Management LLC Purchases Shares of 21,585 MINISO Group Holding Limited (NYSE:MNSO)

Caption Management LLC bought a new stake in MINISO Group Holding Limited (NYSE:MNSO - Free Report) during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm bought 21,585 shares of the company's stock, valued at approximately $516,000.

Other hedge funds have also recently added to or reduced their stakes in the company. SBI Securities Co. Ltd. acquired a new position in shares of MINISO Group during the fourth quarter worth $31,000. Barclays PLC acquired a new position in shares of MINISO Group during the fourth quarter worth $36,000. EverSource Wealth Advisors LLC lifted its holdings 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 purchasing an additional 734 shares during the period. SG Americas Securities LLC acquired a new position in shares of MINISO Group during the fourth quarter worth $163,000. Finally, Orion Portfolio Solutions LLC acquired a new position in shares of MINISO Group during the fourth quarter worth $202,000. Institutional investors and hedge funds own 17.16% of the company's stock.

Wall Street Analyst Weigh In

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

MINISO Group Stock Up 4.7%

NYSE:MNSO traded up $0.92 on Monday, hitting $20.59. The stock had a trading volume of 1,122,921 shares, compared to its average volume of 1,712,958. The company has a debt-to-equity ratio of 0.17, a quick ratio of 1.66 and a current ratio of 2.14. The stock has a market cap of $6.44 billion, a P/E ratio of 18.55, a price-to-earnings-growth ratio of 0.80 and a beta of 0.18. MINISO Group Holding Limited has a 1 year low of $12.51 and a 1 year high of $27.71. The firm's fifty day simple moving average is $18.06 and its two-hundred day simple moving average is $20.56.

MINISO Group (NYSE:MNSO - Get Free Report) last posted 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 firm 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%. Analysts predict that MINISO Group Holding Limited will post 1.19 earnings per share for the current year.

MINISO Group Dividend Announcement

The business also recently declared a -- dividend, which was paid on Wednesday, April 23rd. Stockholders of record on Tuesday, April 8th were paid a dividend of $0.3268 per share. The ex-dividend date was Tuesday, April 8th. This represents a dividend yield of 1.4%. MINISO Group's 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.