Legacy Wealth Asset Management LLC acquired a new stake in ZTO Express (Cayman) Inc. (NYSE:ZTO - Free Report) in the third quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm acquired 28,419 shares of the transportation company's stock, valued at approximately $704,000.
A number of other large investors also recently modified their holdings of the company. Blue Trust Inc. lifted its position in ZTO Express (Cayman) by 210.0% during the third quarter. Blue Trust Inc. now owns 2,303 shares of the transportation company's stock valued at $57,000 after purchasing an additional 1,560 shares during the last quarter. Creative Planning lifted its position in ZTO Express (Cayman) by 17.9% during the third quarter. Creative Planning now owns 34,401 shares of the transportation company's stock valued at $852,000 after purchasing an additional 5,231 shares during the last quarter. Handelsbanken Fonder AB lifted its position in ZTO Express (Cayman) by 1.9% during the third quarter. Handelsbanken Fonder AB now owns 227,006 shares of the transportation company's stock valued at $5,623,000 after purchasing an additional 4,134 shares during the last quarter. Aurora Investment Counsel bought a new stake in ZTO Express (Cayman) during the second quarter valued at approximately $2,471,000. Finally, Truist Financial Corp bought a new stake in ZTO Express (Cayman) during the second quarter valued at approximately $719,000. 41.65% of the stock is currently owned by institutional investors.
ZTO Express (Cayman) Price Performance
ZTO Express (Cayman) stock traded down $0.39 during mid-day trading on Friday, hitting $24.23. 2,073,688 shares of the company traded hands, compared to its average volume of 3,494,847. ZTO Express has a one year low of $15.90 and a one year high of $27.50. The stock has a market cap of $14.70 billion, a price-to-earnings ratio of 17.06, a price-to-earnings-growth ratio of 1.18 and a beta of -0.10. The company has a debt-to-equity ratio of 0.12, a quick ratio of 1.26 and a current ratio of 1.26. The stock has a fifty day moving average price of $23.25 and a 200-day moving average price of $21.87.
ZTO Express (Cayman) (NYSE:ZTO - Get Free Report) last posted its quarterly earnings results on Tuesday, August 20th. The transportation company reported $0.47 EPS for the quarter. The firm had revenue of $1.48 billion for the quarter. ZTO Express (Cayman) had a net margin of 21.22% and a return on equity of 15.51%. On average, equities analysts predict that ZTO Express will post 1.69 earnings per share for the current fiscal year.
ZTO Express (Cayman) Dividend Announcement
The firm also recently declared a Semi-Annual dividend, which was paid on Thursday, October 17th. Shareholders of record on Tuesday, September 10th were paid a dividend of $0.35 per share. This represents a dividend yield of 4.6%. The ex-dividend date was Tuesday, September 10th. ZTO Express (Cayman)'s dividend payout ratio (DPR) is presently 47.89%.
ZTO Express (Cayman) Company Profile
(
Free Report)
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.
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