MINISO Group Holding Limited (NYSE:MNSO) Shares Acquired by Vanguard Group Inc.

Vanguard Group Inc. increased its holdings in MINISO Group Holding Limited (NYSE:MNSO - Free Report) by 1.4% in the third quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 3,490,090 shares of the company's stock after purchasing an additional 49,492 shares during the period. Vanguard Group Inc. owned approximately 1.10% of MINISO Group worth $90,393,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. BlackRock Inc. raised its holdings in MINISO Group by 6,082.2% in the 1st quarter. BlackRock Inc. now owns 3,901,608 shares of the company's stock worth $69,215,000 after purchasing an additional 3,838,498 shares in the last quarter. State Street Corp raised its holdings in MINISO Group by 188.4% in the 1st quarter. State Street Corp now owns 1,772,962 shares of the company's stock worth $31,452,000 after purchasing an additional 1,158,183 shares in the last quarter. KEYWISE CAPITAL MANAGEMENT HK Ltd raised its holdings in MINISO Group by 45.1% in the 3rd quarter. KEYWISE CAPITAL MANAGEMENT HK Ltd now owns 3,224,200 shares of the company's stock worth $83,507,000 after purchasing an additional 1,002,600 shares in the last quarter. Ontario Teachers Pension Plan Board raised its holdings in MINISO Group by 34.1% in the 1st quarter. Ontario Teachers Pension Plan Board now owns 2,950,000 shares of the company's stock worth $23,010,000 after purchasing an additional 750,000 shares in the last quarter. Finally, Point72 Asset Management L.P. bought a new position in MINISO Group in the 4th quarter worth $6,049,000. 17.16% of the stock is currently owned by institutional investors.

MINISO Group Stock Up 1.3 %

Shares of NYSE:MNSO traded up $0.28 during midday trading on Friday, reaching $21.04. The company's stock had a trading volume of 528,457 shares, compared to its average volume of 1,916,079. The firm has a 50 day moving average of $18.65 and a 200-day moving average of $21.78. The firm has a market capitalization of $6.65 billion, a P/E ratio of 20.63, a PEG ratio of 0.71 and a beta of 0.27. The company has a quick ratio of 1.91, a current ratio of 2.34 and a debt-to-equity ratio of 0.09. MINISO Group Holding Limited has a 12-month low of $14.46 and a 12-month high of $29.92.

MINISO Group (NYSE:MNSO - Get Free Report) last released its earnings results on Tuesday, March 12th. The company reported $0.29 earnings per share for the quarter. The firm had revenue of $541.04 million for the quarter. MINISO Group had a net margin of 16.28% and a return on equity of 25.43%. On average, research analysts anticipate that MINISO Group Holding Limited will post 1.12 earnings per share for the current year.

MINISO Group Dividend Announcement

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

About MINISO Group

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.