Greenwoods Asset Management Hong Kong Ltd. Has $129.36 Million Stock Position in ZTO Express (Cayman) Inc. (NYSE:ZTO)

Greenwoods Asset Management Hong Kong Ltd. increased its stake in ZTO Express (Cayman) Inc. (NYSE:ZTO - Free Report) by 10.6% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 6,617,077 shares of the transportation company's stock after purchasing an additional 633,604 shares during the quarter. ZTO Express (Cayman) comprises about 4.1% of Greenwoods Asset Management Hong Kong Ltd.'s portfolio, making the stock its 8th biggest holding. Greenwoods Asset Management Hong Kong Ltd. owned 1.10% of ZTO Express (Cayman) worth $129,364,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds have also recently bought and sold shares of ZTO. Point72 DIFC Ltd acquired a new stake in ZTO Express (Cayman) during the third quarter valued at approximately $26,000. Van ECK Associates Corp raised its holdings in shares of ZTO Express (Cayman) by 60.8% during the third quarter. Van ECK Associates Corp now owns 1,825 shares of the transportation company's stock worth $46,000 after acquiring an additional 690 shares in the last quarter. Point72 Asia Singapore Pte. Ltd. acquired a new stake in ZTO Express (Cayman) during the third quarter valued at $46,000. Blue Trust Inc. raised its stake in shares of ZTO Express (Cayman) by 119.8% during the 4th quarter. Blue Trust Inc. now owns 5,061 shares of the transportation company's stock worth $99,000 after purchasing an additional 2,758 shares in the last quarter. Finally, Confluence Investment Management LLC lifted its holdings in shares of ZTO Express (Cayman) by 14.8% during 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. Institutional investors own 41.65% of the company's stock.

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ZTO Express (Cayman) Stock Performance

Shares of ZTO Express (Cayman) stock traded down $0.34 on Tuesday, reaching $19.67. The stock had a trading volume of 3,520,479 shares, compared to its average volume of 3,119,461. ZTO Express has a fifty-two week low of $17.89 and a fifty-two week high of $27.50. The business's 50-day moving average price is $19.33 and its two-hundred day moving average price is $21.02. The stock has a market cap of $11.89 billion, a P/E ratio of 13.57, a price-to-earnings-growth ratio of 1.03 and a beta of -0.13.

Analysts Set New Price Targets

Several equities analysts recently weighed in on ZTO shares. HSBC lowered shares of ZTO Express (Cayman) from a "buy" rating to a "hold" rating and cut their price objective for the company from $28.00 to $20.00 in a research report on Tuesday, January 21st. Hsbc Global Res lowered shares of ZTO Express (Cayman) from a "strong-buy" rating to a "hold" rating in a research note on Tuesday, January 21st. Finally, StockNews.com upgraded shares of ZTO Express (Cayman) from a "hold" rating to a "buy" rating in a report on Tuesday, January 14th. Three analysts have rated the stock with a hold rating and three have given a buy rating to the stock. Based on data from MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and a consensus price target of $24.53.

ZTO Express (Cayman) Company 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.