Jump Financial LLC Buys New Shares in ZTO Express (Cayman) Inc. (NYSE:ZTO)

Jump Financial LLC bought a new position in shares of ZTO Express (Cayman) Inc. (NYSE:ZTO - Free Report) during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor bought 102,390 shares of the transportation company's stock, valued at approximately $2,002,000.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Blue Trust Inc. raised its stake in ZTO Express (Cayman) by 119.8% in the fourth quarter. Blue Trust Inc. now owns 5,061 shares of the transportation company's stock valued at $99,000 after purchasing an additional 2,758 shares in the last quarter. Confluence Investment Management LLC increased its holdings 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 period. Schechter Investment Advisors LLC increased its holdings 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 period. Lester Murray Antman dba SimplyRich grew its holdings in shares of ZTO Express (Cayman) by 13.0% during the 4th quarter. Lester Murray Antman dba SimplyRich now owns 11,518 shares of the transportation company's stock valued at $225,000 after purchasing an additional 1,325 shares during the last quarter. Finally, LPL Financial LLC bought a new stake in shares of ZTO Express (Cayman) during the 4th quarter valued at approximately $232,000. 41.65% of the stock is currently owned by institutional investors and hedge funds.

ZTO Express (Cayman) Trading Up 1.1 %

NYSE:ZTO traded up $0.21 during mid-day trading on Thursday, hitting $19.22. 424,137 shares of the company's stock were exchanged, compared to its average volume of 2,897,497. The firm has a market capitalization of $11.50 billion, a P/E ratio of 13.27, a PEG ratio of 1.03 and a beta of -0.03. ZTO Express has a fifty-two week low of $16.34 and a fifty-two week high of $27.50. The company has a 50 day simple moving average of $19.46 and a 200-day simple moving average of $20.25.

ZTO Express (Cayman) (NYSE:ZTO - Get Free Report) last issued its quarterly earnings results on Tuesday, March 18th. The transportation company reported $0.44 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.46 by ($0.02). The firm had revenue of $1.77 billion during the quarter, compared to analyst estimates of $11.73 billion. ZTO Express (Cayman) had a return on equity of 15.44% and a net margin of 20.56%. As a group, analysts expect that ZTO Express will post 1.57 earnings per share for the current year.

ZTO Express (Cayman) Announces Dividend

The business also recently announced a semi-annual dividend, which will be paid on Tuesday, April 29th. Investors of record on Thursday, April 10th will be given a dividend of $0.35 per share. The ex-dividend date of this dividend is Thursday, April 10th. This represents a dividend yield of 4.7%. ZTO Express (Cayman)'s payout ratio is presently 45.95%.

Wall Street Analysts Forecast Growth

ZTO has been the topic of several research reports. JPMorgan Chase & Co. lowered shares of ZTO Express (Cayman) from an "overweight" rating to a "neutral" rating and decreased their price target for the company from $25.00 to $23.00 in a report on Thursday, March 20th. StockNews.com raised shares of ZTO Express (Cayman) from a "hold" rating to a "buy" rating in a report on Wednesday, March 26th. Hsbc Global Res upgraded shares of ZTO Express (Cayman) from a "hold" rating to a "strong-buy" rating in a research report on Monday, April 14th. Finally, HSBC upgraded shares of ZTO Express (Cayman) from a "hold" rating to a "buy" rating and set a $22.00 target price on the stock in a research report on Monday, April 14th. Two research analysts have rated the stock with a hold rating, three have given a buy rating and one has assigned a strong buy rating to the company's stock. According to MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and an average target price of $23.28.

About ZTO Express (Cayman)

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.