Brandes Investment Partners LP Acquires 24,903 Shares of ZTO Express (Cayman) Inc. (NYSE:ZTO)

Brandes Investment Partners LP boosted its position in ZTO Express (Cayman) Inc. (NYSE:ZTO - Free Report) by 1.1% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 2,395,333 shares of the transportation company's stock after buying an additional 24,903 shares during the quarter. Brandes Investment Partners LP owned approximately 0.40% of ZTO Express (Cayman) worth $46,829,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also bought and sold shares of ZTO. Point72 DIFC Ltd acquired a new stake in ZTO Express (Cayman) in the 3rd quarter valued at approximately $26,000. Point72 Asia Singapore Pte. Ltd. acquired a new stake in ZTO Express (Cayman) in the 3rd quarter valued at approximately $46,000. Blue Trust Inc. raised its position in ZTO Express (Cayman) by 119.8% in the 4th quarter. Blue Trust Inc. now owns 5,061 shares of the transportation company's stock valued at $99,000 after buying an additional 2,758 shares during the last quarter. Confluence Investment Management LLC raised its position in ZTO Express (Cayman) by 14.8% in the 4th quarter. Confluence Investment Management LLC now owns 10,282 shares of the transportation company's stock valued at $201,000 after buying an additional 1,326 shares during the last quarter. Finally, Schechter Investment Advisors LLC raised its position in ZTO Express (Cayman) by 12.0% in the 4th quarter. Schechter Investment Advisors LLC now owns 11,255 shares of the transportation company's stock valued at $220,000 after buying an additional 1,204 shares during the last quarter. Institutional investors and hedge funds own 41.65% of the company's stock.

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ZTO Express (Cayman) Stock Up 2.4 %

Shares of NYSE ZTO traded up $0.51 during midday trading on Wednesday, hitting $21.81. 5,667,774 shares of the company's stock were exchanged, compared to its average volume of 3,083,455. ZTO Express has a 12 month low of $17.89 and a 12 month high of $27.50. The company's 50 day moving average price is $19.43 and its 200 day moving average price is $20.98. The firm has a market capitalization of $13.18 billion, a PE ratio of 15.04, a price-to-earnings-growth ratio of 1.03 and a beta of -0.13.

ZTO Express (Cayman) (NYSE:ZTO - Get Free Report) last issued its earnings results on Tuesday, March 18th. The transportation company reported $0.44 EPS for the quarter, missing the consensus estimate of $0.47 by ($0.03). ZTO Express (Cayman) had a return on equity of 15.44% and a net margin of 20.56%. The business had revenue of $1.77 billion for the quarter, compared to the consensus estimate of $11.73 billion. On average, equities research analysts anticipate that ZTO Express will post 1.57 EPS for the current year.

Analyst Upgrades and Downgrades

A number of equities research analysts recently issued reports on the company. StockNews.com lowered ZTO Express (Cayman) from a "buy" rating to a "hold" rating in a research report on Tuesday. HSBC downgraded ZTO Express (Cayman) from a "buy" rating to a "hold" rating and decreased their price target for the company from $28.00 to $20.00 in a research note on Tuesday, January 21st. Finally, Hsbc Global Res downgraded ZTO Express (Cayman) from a "strong-buy" rating to a "hold" rating in a research note on Tuesday, January 21st. Four analysts have rated the stock with a hold rating and two have assigned a buy rating to the stock. According to MarketBeat.com, the company presently has a consensus rating of "Hold" and a consensus target price of $24.53.

ZTO Express (Cayman) Profile

ZTO Express (Cayman) Inc provides express delivery and other value-added logistics services in the People's Republic of China. It offers freight forwarding services; and delivery services for e-commerce and traditional merchants, and other express service users. The company was founded in 2002 and is headquartered in Shanghai, the People's Republic of China.