ZTO Express (Cayman) Inc. (NYSE:ZTO) Stock Position Increased by XY Capital Ltd

XY Capital Ltd boosted its position in shares of ZTO Express (Cayman) Inc. (NYSE:ZTO - Free Report) by 208.9% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 396,873 shares of the transportation company's stock after purchasing an additional 268,387 shares during the period. ZTO Express (Cayman) comprises 3.7% of XY Capital Ltd's holdings, making the stock its 2nd biggest holding. XY Capital Ltd owned approximately 0.07% of ZTO Express (Cayman) worth $7,759,000 at the end of the most recent quarter.

Other hedge funds also recently added to or reduced their stakes in the company. Connor Clark & Lunn Investment Management Ltd. purchased a new stake in ZTO Express (Cayman) in the 3rd quarter valued at about $8,723,000. Fisher Asset Management LLC boosted its position in ZTO Express (Cayman) by 10.0% in the 3rd quarter. Fisher Asset Management LLC now owns 3,484,318 shares of the transportation company's stock valued at $86,307,000 after buying an additional 317,450 shares during the period. Charles Schwab Investment Management Inc. boosted its position in ZTO Express (Cayman) by 112.1% in the 3rd quarter. Charles Schwab Investment Management Inc. now owns 187,114 shares of the transportation company's stock valued at $4,635,000 after buying an additional 98,877 shares during the period. Point72 Asset Management L.P. purchased a new stake in ZTO Express (Cayman) in the 3rd quarter valued at about $12,407,000. Finally, Confluence Investment Management LLC boosted its position in ZTO Express (Cayman) by 14.8% in the 4th quarter. Confluence Investment Management LLC now owns 10,282 shares of the transportation company's stock valued at $201,000 after buying an additional 1,326 shares during the period. 41.65% of the stock is currently owned by institutional investors.

ZTO Express (Cayman) Price Performance

ZTO Express (Cayman) stock traded up $0.26 during mid-day trading on Thursday, reaching $19.90. 3,054,214 shares of the company traded hands, compared to its average volume of 2,486,631. ZTO Express has a fifty-two week low of $17.57 and a fifty-two week high of $27.50. The company has a market capitalization of $12.02 billion, a price-to-earnings ratio of 13.72, a price-to-earnings-growth ratio of 0.96 and a beta of -0.16. The firm's fifty day moving average is $19.09 and its two-hundred day moving average is $20.95.

Analyst Ratings Changes

Several brokerages have recently weighed in on ZTO. 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. HSBC cut shares of ZTO Express (Cayman) from a "buy" rating to a "hold" rating and lowered their price target for the stock from $28.00 to $20.00 in a research report on Tuesday, January 21st. JPMorgan Chase & Co. began coverage on shares of ZTO Express (Cayman) in a research report on Wednesday, October 30th. They set an "overweight" rating and a $30.00 target price for the company. Finally, StockNews.com raised shares of ZTO Express (Cayman) from a "hold" rating to a "buy" rating in a research report on Tuesday, January 14th. Three investment analysts have rated the stock with a hold rating and three have assigned a buy rating to the stock. According to MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and a consensus target price of $24.53.

ZTO Express (Cayman) 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.