ZTO Express (Cayman) (NYSE:ZTO) Cut to "Hold" at StockNews.com

StockNews.com lowered shares of ZTO Express (Cayman) (NYSE:ZTO - Free Report) from a buy rating to a hold rating in a research report released on Tuesday.

Other equities research analysts have also issued reports about the company. HSBC lowered ZTO Express (Cayman) from a "buy" rating to a "hold" rating and reduced their price objective for the stock from $28.00 to $20.00 in a research note on Tuesday, January 21st. Hsbc Global Res lowered ZTO Express (Cayman) from a "strong-buy" rating to a "hold" rating in a report on Tuesday, January 21st. Five equities research analysts have rated the stock with a hold rating and one has issued a buy rating to the stock. Based on data from MarketBeat, the company currently has a consensus rating of "Hold" and a consensus price target of $22.78.

ZTO Express (Cayman) Stock Performance

Shares of ZTO traded down $0.09 on Tuesday, hitting $20.06. 2,701,613 shares of the stock traded hands, compared to its average volume of 3,018,351. The company has a market capitalization of $12.12 billion, a PE ratio of 13.83, a P/E/G 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. The business has a 50 day simple moving average of $19.55 and a 200 day simple moving average of $20.96.

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ZTO Express (Cayman) (NYSE:ZTO - Get Free Report) last posted its 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 company had revenue of $1.77 billion during the quarter, compared to the consensus estimate of $11.73 billion. ZTO Express (Cayman) had a return on equity of 15.44% and a net margin of 20.56%. On average, equities analysts expect that ZTO Express will post 1.57 earnings per share for the current year.

ZTO Express (Cayman) Dividend Announcement

The business also recently declared 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. This represents a dividend yield of 4.7%. The ex-dividend date is Thursday, April 10th. ZTO Express (Cayman)'s payout ratio is 46.90%.

Institutional Investors Weigh In On ZTO Express (Cayman)

A number of hedge funds and other institutional investors have recently bought and sold shares of ZTO. Cerity Partners LLC raised its holdings in shares of ZTO Express (Cayman) by 3.7% in the third 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 boosted 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 worth $1,270,000 after purchasing an additional 918 shares in the last quarter. Fox Run Management L.L.C. lifted its holdings in ZTO Express (Cayman) by 7.5% during the fourth quarter. Fox Run Management L.L.C. now owns 14,069 shares of the transportation company's stock valued at $275,000 after purchasing an additional 980 shares in the last quarter. Point72 DIFC Ltd acquired a new position in ZTO Express (Cayman) in the 3rd quarter valued at $26,000. Finally, Financial Counselors Inc. lifted its stake in shares of ZTO Express (Cayman) by 11.1% in the third quarter. Financial Counselors Inc. now owns 10,726 shares of the transportation company's stock worth $266,000 after buying an additional 1,069 shares in the last quarter. Hedge funds and other institutional investors own 41.65% of the company's stock.

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.