MINISO Group (NYSE:MNSO) Shares Up 1.6%

MINISO Group Holding Limited (NYSE:MNSO - Get Free Report)'s share price shot up 1.6% on Wednesday . The stock traded as high as $21.86 and last traded at $21.63. 167,434 shares changed hands during mid-day trading, a decline of 90% from the average session volume of 1,601,089 shares. The stock had previously closed at $21.29.

MINISO Group Price Performance

The company has a 50 day moving average of $18.89 and a 200 day moving average of $21.69. The company has a debt-to-equity ratio of 0.09, a quick ratio of 1.91 and a current ratio of 2.34. The stock has a market capitalization of $6.73 billion, a price-to-earnings ratio of 20.88, a PEG ratio of 0.73 and a beta of 0.27.

MINISO Group (NYSE:MNSO - Get Free Report) last released its quarterly earnings results on Tuesday, March 12th. The company reported $0.29 EPS 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 during the quarter. As a group, equities research analysts anticipate that MINISO Group Holding Limited will post 1.12 EPS for the current year.

MINISO Group Dividend Announcement

The company also recently announced a None dividend, which will be paid on Friday, April 12th. Investors of record on Thursday, March 28th will be given a dividend of $0.29 per share. The ex-dividend date is Wednesday, March 27th. This represents a yield of 2%. MINISO Group's dividend payout ratio (DPR) is currently 38.24%.

Institutional Trading of MINISO Group

A number of institutional investors have recently added to or reduced their stakes in the business. Envestnet Asset Management Inc. acquired a new position in MINISO Group during the 1st quarter valued at about $112,000. Vanguard Group Inc. increased its holdings in MINISO Group by 3.8% in the first quarter. Vanguard Group Inc. now owns 2,530,931 shares of the company's stock worth $19,742,000 after buying an additional 92,767 shares during the last quarter. Ergoteles LLC increased its position in MINISO Group by 355.1% during the first quarter. Ergoteles LLC now owns 73,533 shares of the company's stock worth $574,000 after buying an additional 57,376 shares during the last quarter. Mackenzie Financial Corp lifted its position in shares of MINISO Group by 54.5% in the first quarter. Mackenzie Financial Corp now owns 291,925 shares of the company's stock worth $2,277,000 after buying an additional 102,943 shares during the last quarter. Finally, Charles Schwab Investment Management Inc. raised its stake in shares of MINISO Group by 4.3% in the 1st quarter. Charles Schwab Investment Management Inc. now owns 99,149 shares of the company's stock valued at $774,000 after acquiring an additional 4,110 shares in the last quarter. 17.16% of the stock is owned by hedge funds and other institutional investors.

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.