ZTO Express (Cayman) Inc. (NYSE:ZTO - Get Free Report) was the target of unusually large options trading on Thursday. Stock investors acquired 2,229 call options on the company. This represents an increase of 33% compared to the average daily volume of 1,682 call options.
Analyst Ratings Changes
A number of equities analysts have issued reports on ZTO shares. JPMorgan Chase & Co. downgraded shares of ZTO Express (Cayman) from an "overweight" rating to a "neutral" rating and reduced their price objective for the stock from $25.00 to $23.00 in a research report on Thursday. HSBC cut shares of ZTO Express (Cayman) from a "buy" rating to a "hold" rating and reduced their price target for the stock from $28.00 to $20.00 in a report on Tuesday, January 21st. StockNews.com lowered shares of ZTO Express (Cayman) from a "buy" rating to a "hold" rating in a report on Tuesday, March 18th. Finally, Hsbc Global Res cut ZTO Express (Cayman) from a "strong-buy" rating to a "hold" rating in a research note on Tuesday, January 21st. Five equities research analysts have rated the stock with a hold rating and one has assigned a buy rating to the stock. Based on data from MarketBeat.com, the company currently has a consensus rating of "Hold" and a consensus price target of $22.78.
Read Our Latest Stock Analysis on ZTO
Institutional Inflows and Outflows
A number of hedge funds have recently bought and sold shares of the business. Point72 DIFC Ltd bought a new position in shares of ZTO Express (Cayman) in the third quarter worth $26,000. Point72 Asia Singapore Pte. Ltd. bought a new position in ZTO Express (Cayman) in the 3rd quarter worth about $46,000. Blue Trust Inc. grew its holdings in ZTO Express (Cayman) by 119.8% during the 4th quarter. Blue Trust Inc. now owns 5,061 shares of the transportation company's stock valued at $99,000 after buying an additional 2,758 shares in the last quarter. Confluence Investment Management LLC increased its position in shares of ZTO Express (Cayman) by 14.8% during the fourth 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. Finally, Schechter Investment Advisors LLC lifted its holdings in shares of ZTO Express (Cayman) by 12.0% in the fourth quarter. Schechter Investment Advisors LLC now owns 11,255 shares of the transportation company's stock worth $220,000 after buying an additional 1,204 shares in the last quarter. 41.65% of the stock is currently owned by hedge funds and other institutional investors.
ZTO Express (Cayman) Price Performance
Shares of ZTO traded down $0.12 during mid-day trading on Monday, hitting $19.93. The stock had a trading volume of 712,613 shares, compared to its average volume of 2,709,403. The firm has a market cap of $12.04 billion, a P/E ratio of 13.74, a PEG ratio of 1.03 and a beta of -0.13. ZTO Express has a 52 week low of $17.89 and a 52 week high of $27.50. The business has a fifty day moving average price of $19.55 and a 200-day moving average price of $20.96.
ZTO Express (Cayman) (NYSE:ZTO - Get Free Report) last released its quarterly earnings data on Tuesday, March 18th. The transportation company reported $0.44 EPS for the quarter, missing the consensus estimate of $0.46 by ($0.02). The business had revenue of $1.77 billion for 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%. As a group, research analysts expect that ZTO Express will post 1.57 earnings per share for the current fiscal year.
ZTO Express (Cayman) Dividend Announcement
The firm also recently disclosed 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. This represents a yield of 4.7%. The ex-dividend date of this dividend is Thursday, April 10th. ZTO Express (Cayman)'s dividend payout ratio (DPR) is presently 45.95%.
ZTO Express (Cayman) Company Profile
(
Get Free Report)
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.
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