Todd Asset Management LLC Has $26.31 Million Stock Position in ZTO Express (Cayman) Inc. (NYSE:ZTO)

Todd Asset Management LLC increased its stake in ZTO Express (Cayman) Inc. (NYSE:ZTO - Free Report) by 36.5% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 1,345,583 shares of the transportation company's stock after purchasing an additional 359,578 shares during the period. Todd Asset Management LLC owned 0.22% of ZTO Express (Cayman) worth $26,306,000 as of its most recent SEC filing.

Other institutional investors have also recently bought and sold shares of the company. ABC Arbitrage SA acquired a new stake in shares of ZTO Express (Cayman) in the 4th quarter valued at $316,000. Blue Trust Inc. increased its position 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 worth $99,000 after purchasing an additional 2,758 shares during the period. Lester Murray Antman dba SimplyRich increased its position in ZTO Express (Cayman) by 13.0% in the fourth quarter. Lester Murray Antman dba SimplyRich now owns 11,518 shares of the transportation company's stock worth $225,000 after purchasing an additional 1,325 shares during the period. XY Capital Ltd raised its holdings in ZTO Express (Cayman) by 208.9% during the 4th quarter. XY Capital Ltd now owns 396,873 shares of the transportation company's stock worth $7,759,000 after purchasing an additional 268,387 shares during the last quarter. Finally, SG Americas Securities LLC lifted its position in ZTO Express (Cayman) by 2,787.7% during the 4th quarter. SG Americas Securities LLC now owns 295,725 shares of the transportation company's stock valued at $5,781,000 after purchasing an additional 285,484 shares during the period. Institutional investors own 41.65% of the company's stock.

Remove Ads

Wall Street Analysts Forecast Growth

Several brokerages have recently commented on ZTO. StockNews.com upgraded shares of ZTO Express (Cayman) from a "hold" rating to a "buy" rating in a research report on Tuesday, January 14th. HSBC lowered shares of ZTO Express (Cayman) from a "buy" rating to a "hold" rating and lowered their target price for the stock from $28.00 to $20.00 in a report on Tuesday, January 21st. Finally, Hsbc Global Res cut shares of ZTO Express (Cayman) from a "strong-buy" rating to a "hold" rating in a research report on Tuesday, January 21st. Three analysts have rated the stock with a hold rating and three have issued a buy rating to the company's stock. According to data from MarketBeat, the stock has a consensus rating of "Moderate Buy" and an average target price of $24.53.

ZTO Express (Cayman) Stock Down 1.4 %

NYSE ZTO traded down $0.29 during trading on Friday, reaching $19.39. 1,682,468 shares of the stock traded hands, compared to its average volume of 2,417,929. The stock's 50-day moving average price is $19.26 and its 200 day moving average price is $21.00. The firm has a market cap of $11.71 billion, a price-to-earnings ratio of 13.37, a price-to-earnings-growth ratio of 1.03 and a beta of -0.16. ZTO Express has a fifty-two week low of $17.89 and a fifty-two week high of $27.50.

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.