SIH Partners LLLP Acquires New Stake in ZTO Express (Cayman) Inc. (NYSE:ZTO)

SIH Partners LLLP acquired a new stake in ZTO Express (Cayman) Inc. (NYSE:ZTO - Free Report) in the 4th quarter, according to the company in its most recent filing with the SEC. The firm acquired 72,150 shares of the transportation company's stock, valued at approximately $1,411,000.

Several other hedge funds have also recently modified their holdings of ZTO. Blue Trust Inc. increased its position in shares of ZTO Express (Cayman) by 119.8% during the fourth quarter. Blue Trust Inc. now owns 5,061 shares of the transportation company's stock valued at $99,000 after acquiring an additional 2,758 shares during the last quarter. Confluence Investment Management LLC increased its position 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 purchasing an additional 1,326 shares during the last quarter. Schechter Investment Advisors LLC raised its stake in shares of 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 during the period. Lester Murray Antman dba SimplyRich boosted its holdings in shares of ZTO Express (Cayman) by 13.0% in the 4th quarter. Lester Murray Antman dba SimplyRich now owns 11,518 shares of the transportation company's stock worth $225,000 after buying an additional 1,325 shares during the last quarter. Finally, LPL Financial LLC bought a new position in ZTO Express (Cayman) during the fourth quarter valued at about $232,000. Institutional investors own 41.65% of the company's stock.

ZTO Express (Cayman) Stock Performance

ZTO Express (Cayman) stock traded up $0.06 during mid-day trading on Friday, reaching $19.06. The company's stock had a trading volume of 1,621,588 shares, compared to its average volume of 2,881,267. The company has a market capitalization of $11.40 billion, a P/E ratio of 13.14, a PEG ratio of 1.03 and a beta of -0.03. The firm's fifty day moving average price is $19.44 and its two-hundred day moving average price is $20.20. ZTO Express has a 12-month low of $16.34 and a 12-month high of $27.50.

ZTO Express (Cayman) (NYSE:ZTO - Get Free Report) last issued 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). The company had revenue of $1.77 billion for the quarter, compared to analysts' expectations of $11.73 billion. ZTO Express (Cayman) had a return on equity of 15.44% and a net margin of 20.56%. On average, research analysts predict that ZTO Express will post 1.57 EPS for the current fiscal year.

ZTO Express (Cayman) Announces Dividend

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 $0.35 dividend. The ex-dividend date of this dividend is Thursday, April 10th. This represents a dividend yield of 4.7%. ZTO Express (Cayman)'s dividend payout ratio (DPR) is currently 45.95%.

Wall Street Analyst Weigh In

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

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.