XTX Topco Ltd Takes $522,000 Position in MINISO Group Holding Limited Unsponsored ADR $MNSO

XTX Topco Ltd bought a new position in shares of MINISO Group Holding Limited Unsponsored ADR (NYSE:MNSO) during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund bought 28,647 shares of the company’s stock, valued at approximately $522,000.

Several other large investors also recently made changes to their positions in the business. Brooklyn Investment Group raised its holdings in shares of MINISO Group by 579.4% in the 1st quarter. Brooklyn Investment Group now owns 1,651 shares of the company’s stock worth $31,000 after purchasing an additional 1,408 shares in the last quarter. PNC Financial Services Group Inc. increased its holdings in shares of MINISO Group by 141.0% in the second quarter. PNC Financial Services Group Inc. now owns 1,933 shares of the company’s stock valued at $35,000 after buying an additional 1,131 shares in the last quarter. Hantz Financial Services Inc. lifted its position in shares of MINISO Group by 3,465.0% during the 2nd quarter. Hantz Financial Services Inc. now owns 2,139 shares of the company’s stock valued at $39,000 after acquiring an additional 2,079 shares during the last quarter. GFG Capital LLC bought a new stake in shares of MINISO Group during the 2nd quarter worth $58,000. Finally, Caitong International Asset Management Co. Ltd boosted its stake in shares of MINISO Group by 884.3% during the 1st quarter. Caitong International Asset Management Co. Ltd now owns 5,719 shares of the company’s stock worth $106,000 after acquiring an additional 5,138 shares in the last quarter. Institutional investors own 17.16% of the company’s stock.

Analyst Ratings Changes

A number of equities research analysts have recently issued reports on the company. Bank of America raised MINISO Group from an “underperform” rating to a “neutral” rating in a research report on Thursday, August 21st. Dbs Bank raised MINISO Group to a “moderate buy” rating in a research note on Friday, August 22nd. Weiss Ratings restated a “hold (c+)” rating on shares of MINISO Group in a report on Friday, November 28th. Deutsche Bank Aktiengesellschaft initiated coverage on shares of MINISO Group in a report on Tuesday, November 25th. They issued a “buy” rating and a $23.00 target price for the company. Finally, Jefferies Financial Group raised shares of MINISO Group from a “hold” rating to a “buy” rating and lifted their target price for the stock from $18.50 to $26.20 in a research report on Friday, August 22nd. One investment analyst has rated the stock with a Strong Buy rating, four have issued a Buy rating and two have issued a Hold rating to the company. According to data from MarketBeat.com, MINISO Group presently has an average rating of “Moderate Buy” and a consensus target price of $25.13.

MINISO Group Trading Down 1.1%

Shares of NYSE MNSO opened at $19.20 on Friday. The company has a current ratio of 1.65, a quick ratio of 1.26 and a debt-to-equity ratio of 0.73. MINISO Group Holding Limited Unsponsored ADR has a one year low of $13.94 and a one year high of $27.71. The business has a 50-day moving average price of $21.26 and a two-hundred day moving average price of $20.64. The firm has a market capitalization of $5.94 billion, a PE ratio of 19.79, a PEG ratio of 2.23 and a beta of 0.15.

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.