Perseverance Asset Management International Makes New Investment in Yatsen Holding Limited Sponsored ADR $YSG

Perseverance Asset Management International bought a new position in shares of Yatsen Holding Limited Sponsored ADR (NYSE:YSG) during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund bought 529,993 shares of the company’s stock, valued at approximately $2,062,000. Yatsen comprises about 0.3% of Perseverance Asset Management International’s investment portfolio, making the stock its 13th largest holding. Perseverance Asset Management International owned approximately 0.56% of Yatsen at the end of the most recent reporting period.

Several other large investors also recently bought and sold shares of YSG. Bank of America Corp DE purchased a new stake in Yatsen during the 4th quarter worth approximately $42,000. Persistent Asset Partners Ltd purchased a new stake in Yatsen during the 3rd quarter worth approximately $45,000. Alliance Wealth Advisors LLC UT purchased a new stake in Yatsen during the 3rd quarter worth approximately $92,000. CWM LLC acquired a new stake in Yatsen during the 4th quarter valued at approximately $98,000. Finally, Two Sigma Investments LP acquired a new stake in Yatsen during the 3rd quarter valued at approximately $114,000.

Yatsen Trading Up 4.2%

Shares of NYSE YSG opened at $3.16 on Friday. Yatsen Holding Limited Sponsored ADR has a 12 month low of $2.15 and a 12 month high of $11.57. The company has a 50 day simple moving average of $2.96 and a two-hundred day simple moving average of $3.85. The stock has a market cap of $296.22 million, a price-to-earnings ratio of -15.03 and a beta of -1.59.

Yatsen (NYSE:YSG) last announced its quarterly earnings data on Friday, May 15th. The company reported $0.00 EPS for the quarter. Yatsen had a negative net margin of 3.04% and a negative return on equity of 4.54%. The business had revenue of $148.08 million during the quarter.

Analysts Set New Price Targets

Separately, Weiss Ratings upgraded shares of Yatsen from a “sell (e+)” rating to a “sell (d-)” rating in a research note on Monday, May 18th. One equities research analyst has rated the stock with a Sell rating, According to MarketBeat, Yatsen presently has an average rating of “Sell”.

Yatsen Profile

Yatsen Holding Limited (NYSE: YSG) is a Shanghai-based beauty and personal care company founded in 2016. The firm operates as a digital-first cosmetics provider, designing, developing and marketing its own brands to a primarily Chinese consumer base. Since its inception, Yatsen has focused on leveraging data analytics and social media engagement to drive product innovation and brand awareness.

The company’s core portfolio includes Perfect Diary, a color-cosmetics brand offering lipsticks, eyeshadows, foundations and related accessories; Little Ondine, which specializes in nail lacquers and nail care products; Winona, a sensitive-skin skincare line; and Abby’s Choice, which features targeted skincare treatments.