Yatsen (NYSE:YSG) Stock Rating Lowered by Wall Street Zen

Key Points

• Yatsen has been downgraded by Wall Street Zen from a "buy" rating to a "hold" rating, reflecting a cautious outlook from analysts.
• The stock experienced a decline of 2.8% after opening at $8.66, with a twelve-month high of $11.57 and a low of $3.01.
• Institutional investors have significantly increased their holdings in Yatsen, with Jane Street Group LLC raising its stake by 113.8% in the last quarter.

Yatsen (NYSE:YSG - Get Free Report) was downgraded by research analysts at Wall Street Zen from a "buy" rating to a "hold" rating in a note issued to investors on Saturday.

Yatsen Stock Down 2.8%

Shares of YSG stock opened at $8.66 on Friday. The stock's fifty day simple moving average is $8.67 and its 200 day simple moving average is $5.68. Yatsen has a twelve month low of $3.01 and a twelve month high of $11.57. The firm has a market capitalization of $798.63 million, a P/E ratio of -10.31 and a beta of -2.11.

Yatsen (NYSE:YSG - Get Free Report) last issued its quarterly earnings results on Friday, May 16th. The company reported ($0.01) earnings per share for the quarter. The company had revenue of $114.86 million during the quarter. Yatsen had a negative net margin of 17.03% and a negative return on equity of 17.36%. As a group, equities research analysts expect that Yatsen will post -0.32 EPS for the current fiscal year.

Yatsen declared that its Board of Directors has initiated a share repurchase plan on Friday, May 16th that allows the company to repurchase $0.00 in outstanding shares. This repurchase authorization allows the company to purchase shares of its stock through open market purchases. Shares repurchase plans are generally a sign that the company's board of directors believes its shares are undervalued.

Institutional Investors Weigh In On Yatsen

Institutional investors and hedge funds have recently made changes to their positions in the business. Jane Street Group LLC increased its stake in Yatsen by 113.8% during the 4th quarter. Jane Street Group LLC now owns 104,785 shares of the company's stock valued at $417,000 after purchasing an additional 55,766 shares in the last quarter. Public Employees Retirement System of Ohio increased its position in shares of Yatsen by 1,446.8% during the 4th quarter. Public Employees Retirement System of Ohio now owns 12,699 shares of the company's stock valued at $51,000 after purchasing an additional 11,878 shares during the last quarter. Barclays PLC raised its stake in shares of Yatsen by 6.9% during the 4th quarter. Barclays PLC now owns 174,156 shares of the company's stock worth $693,000 after purchasing an additional 11,187 shares during the period. Marshall Wace LLP bought a new position in Yatsen during the fourth quarter valued at about $47,000. Finally, Arrowstreet Capital Limited Partnership bought a new position in Yatsen during the fourth quarter valued at $188,000.

About Yatsen

Yatsen Holding Limited, together with its subsidiaries, engages in the development and sale of beauty products under the Perfect Diary, Little Ondine, Pink Bear, Abby's Choice, GalÃnic, DR.WU, Eve Lom, and EANTiM brands in the People's Republic of China. The company offers color cosmetics for lips, eyes, and face; skin care products, including face serums and creams, eye creams, masks, toners, makeup removers, cleansers, ampoules, and anti-acne patches; and beauty tools and kits, sunscreen products, and beauty devices.

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