ZTO Express (Cayman) Inc. (NYSE:ZTO) Shares Bought by Quantbot Technologies LP

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

Other institutional investors also recently bought and sold shares of the company. Cerity Partners LLC increased its holdings in shares of ZTO Express (Cayman) by 3.7% during the 3rd quarter. Cerity Partners LLC now owns 18,913 shares of the transportation company's stock worth $468,000 after buying an additional 674 shares during the last quarter. Natixis Advisors LLC lifted its stake in shares of ZTO Express (Cayman) by 1.4% in the 4th quarter. Natixis Advisors LLC now owns 64,943 shares of the transportation company's stock valued at $1,270,000 after purchasing an additional 918 shares in the last quarter. Point72 DIFC Ltd purchased a new stake in shares of ZTO Express (Cayman) during the 3rd quarter worth about $26,000. Financial Counselors Inc. increased its position in ZTO Express (Cayman) by 11.1% during the 3rd quarter. Financial Counselors Inc. now owns 10,726 shares of the transportation company's stock worth $266,000 after purchasing an additional 1,069 shares in the last quarter. Finally, Schechter Investment Advisors LLC increased 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 worth $220,000 after purchasing an additional 1,204 shares in the last quarter. 41.65% of the stock is currently owned by institutional investors and hedge funds.

Remove Ads

Wall Street Analyst Weigh In

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

ZTO Express (Cayman) Trading Up 1.7 %

NYSE:ZTO traded up $0.34 on Thursday, reaching $20.22. The stock had a trading volume of 1,466,333 shares, compared to its average volume of 2,977,128. The company has a 50-day moving average of $19.64 and a 200 day moving average of $20.93. The stock has a market cap of $12.22 billion, a P/E ratio of 13.95, a price-to-earnings-growth ratio of 1.03 and a beta of -0.13. ZTO Express has a 12-month low of $17.89 and a 12-month high of $27.50.

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

ZTO Express (Cayman) Announces Dividend

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