MINISO Group Target of Unusually High Options Trading (NYSE:MNSO)

MINISO Group Holding Limited (NYSE:MNSO) saw some unusual options trading activity on Monday. Investors bought 5,522 call options on the company. This is an increase of approximately 1,085% compared to the average daily volume of 466 call options.

Wall Street Analyst Weigh In

A number of equities analysts have weighed in on the company. Bank of America downgraded MINISO Group from a “buy” rating to an “underperform” rating in a research report on Monday. Jefferies Financial Group restated a “hold” rating on shares of MINISO Group in a research note on Monday. Finally, JPMorgan Chase & Co. reissued a “neutral” rating and issued a $15.00 price target (down from $27.00) on shares of MINISO Group in a report on Tuesday.

MINISO Group Price Performance

Shares of MINISO Group stock opened at $13.38 on Wednesday. The company has a quick ratio of 1.93, a current ratio of 2.38 and a debt-to-equity ratio of 0.15. MINISO Group has a twelve month low of $12.51 and a twelve month high of $28.28. The company has a 50-day simple moving average of $16.07 and a two-hundred day simple moving average of $19.44. The stock has a market capitalization of $4.23 billion, a price-to-earnings ratio of 12.64, a price-to-earnings-growth ratio of 0.68 and a beta of 0.17.

MINISO Group (NYSE:MNSO) last announced its quarterly earnings data on Friday, August 30th. The company reported $0.26 earnings per share (EPS) for the quarter. The firm had revenue of $555.26 million for the quarter, compared to the consensus estimate of $557.54 million. MINISO Group had a net margin of 15.72% and a return on equity of 26.41%. Analysts forecast that MINISO Group will post 1.22 EPS for the current year.

MINISO Group Announces Dividend

The firm also recently declared a Semi-Annual dividend, which will be paid on Thursday, September 26th. Stockholders of record on Friday, September 13th will be issued a dividend of $0.274 per share. The ex-dividend date is Friday, September 13th. This represents a dividend yield of 1.6%. MINISO Group’s dividend payout ratio (DPR) is currently 49.06%.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently bought and sold shares of MNSO. Jump Financial LLC acquired a new stake in MINISO Group during the 4th quarter worth approximately $231,000. Janney Montgomery Scott LLC increased its holdings in MINISO Group by 55.5% in the fourth quarter. Janney Montgomery Scott LLC now owns 40,985 shares of the company’s stock valued at $836,000 after purchasing an additional 14,628 shares during the period. Norges Bank bought a new position in MINISO Group during the 4th quarter worth $31,510,000. Hsbc Holdings PLC grew its position in shares of MINISO Group by 79.0% in the 4th quarter. Hsbc Holdings PLC now owns 529,033 shares of the company’s stock valued at $10,792,000 after buying an additional 233,458 shares during the last quarter. Finally, Capstone Investment Advisors LLC increased its stake in shares of MINISO Group by 62.4% in the fourth quarter. Capstone Investment Advisors LLC now owns 19,263 shares of the company’s stock valued at $393,000 after buying an additional 7,402 shares during the period. Institutional investors own 17.16% of the company’s stock.

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.