Quantbot Technologies LP Acquires 111,487 Shares of ZTO Express (Cayman) Inc. (NYSE:ZTO)

Quantbot Technologies LP raised its position in shares of ZTO Express (Cayman) Inc. (NYSE:ZTO - Free Report) by 414.7% during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 138,369 shares of the transportation company's stock after acquiring an additional 111,487 shares during the quarter. Quantbot Technologies LP's holdings in ZTO Express (Cayman) were worth $2,705,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. Cerity Partners LLC boosted its position in shares of ZTO Express (Cayman) by 3.7% during the third quarter. Cerity Partners LLC now owns 18,913 shares of the transportation company's stock valued at $468,000 after purchasing an additional 674 shares in the last quarter. Natixis Advisors LLC lifted its position in ZTO Express (Cayman) by 1.4% during the fourth quarter. Natixis Advisors LLC now owns 64,943 shares of the transportation company's stock valued at $1,270,000 after buying an additional 918 shares during the period. Point72 DIFC Ltd bought a new stake in shares of ZTO Express (Cayman) during the 3rd quarter valued at $26,000. Financial Counselors Inc. increased its stake in shares of ZTO Express (Cayman) by 11.1% in the 3rd quarter. Financial Counselors Inc. now owns 10,726 shares of the transportation company's stock worth $266,000 after acquiring an additional 1,069 shares in the last quarter. Finally, Schechter Investment Advisors LLC lifted its position in ZTO Express (Cayman) by 12.0% during the 4th quarter. Schechter Investment Advisors LLC now owns 11,255 shares of the transportation company's stock valued at $220,000 after acquiring an additional 1,204 shares during the period. Hedge funds and other institutional investors own 41.65% of the company's stock.

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Analysts Set New Price Targets

Several equities analysts have recently issued reports on ZTO shares. Hsbc Global Res lowered shares of ZTO Express (Cayman) from a "strong-buy" rating to a "hold" rating in a report on Tuesday, January 21st. JPMorgan Chase & Co. lowered shares of ZTO Express (Cayman) from an "overweight" rating to a "neutral" rating and reduced their price objective for the company from $25.00 to $23.00 in a research note on Thursday, March 20th. HSBC cut shares of ZTO Express (Cayman) from a "buy" rating to a "hold" rating and cut their price target for the company from $28.00 to $20.00 in a report on Tuesday, January 21st. Finally, StockNews.com upgraded shares of ZTO Express (Cayman) from a "hold" rating to a "buy" rating in a research report on Wednesday. Four equities research analysts have rated the stock with a hold rating and two have issued a buy rating to the stock. According to MarketBeat, the company has an average rating of "Hold" and an average target price of $22.78.

ZTO Express (Cayman) Stock Up 0.2 %

NYSE:ZTO traded up $0.05 during mid-day trading on Wednesday, hitting $19.87. 2,239,381 shares of the company traded hands, compared to its average volume of 2,983,175. The stock's fifty day moving average price is $19.64 and its 200-day moving average price is $20.93. The firm has a market cap of $12.01 billion, a price-to-earnings ratio of 13.70, a price-to-earnings-growth ratio of 1.03 and a beta of -0.13. ZTO Express has a one year low of $17.89 and a one year high of $27.50.

ZTO Express (Cayman) (NYSE:ZTO - Get Free Report) last announced its quarterly earnings data 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). ZTO Express (Cayman) had a net margin of 20.56% and a return on equity of 15.44%. The company had revenue of $1.77 billion for the quarter, compared to the consensus estimate of $11.73 billion. Equities analysts predict that ZTO Express will post 1.57 EPS for the current year.

ZTO Express (Cayman) Dividend Announcement

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

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.