165,197 Shares in ZTO Express (Cayman) Inc. (NYSE:ZTO) Purchased by Schonfeld Strategic Advisors LLC

Schonfeld Strategic Advisors LLC bought a new stake in shares of ZTO Express (Cayman) Inc. (NYSE:ZTO) in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 165,197 shares of the transportation company’s stock, valued at approximately $3,230,000.

A number of other hedge funds have also made changes to their positions in ZTO. Confluence Investment Management LLC raised its stake 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 purchasing an additional 1,326 shares during the last quarter. SG Americas Securities LLC raised its position in shares of ZTO Express (Cayman) by 2,787.7% in the fourth quarter. SG Americas Securities LLC now owns 295,725 shares of the transportation company’s stock valued at $5,781,000 after buying an additional 285,484 shares during the last quarter. Blue Trust Inc. lifted its stake in shares of 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 buying an additional 2,758 shares in the last quarter. XY Capital Ltd lifted its stake in shares of ZTO Express (Cayman) by 208.9% in the fourth quarter. XY Capital Ltd now owns 396,873 shares of the transportation company’s stock worth $7,759,000 after buying an additional 268,387 shares in the last quarter. Finally, Lester Murray Antman dba SimplyRich grew its stake in ZTO Express (Cayman) by 13.0% during the 4th quarter. Lester Murray Antman dba SimplyRich now owns 11,518 shares of the transportation company’s stock valued at $225,000 after acquiring an additional 1,325 shares in the last quarter. Institutional investors and hedge funds own 41.65% of the company’s stock.

ZTO Express (Cayman) Stock Up 2.9 %

NYSE:ZTO opened at $19.00 on Friday. ZTO Express has a 52 week low of $16.34 and a 52 week high of $27.50. The stock’s fifty day moving average is $19.29 and its two-hundred day moving average is $19.87. The company has a market capitalization of $11.37 billion, a P/E ratio of 13.10, a P/E/G ratio of 1.03 and a beta of -0.14.

ZTO Express (Cayman) (NYSE:ZTO) 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). ZTO Express (Cayman) had a net margin of 20.56% and a return on equity of 15.44%. The company had revenue of $1.77 billion during the quarter, compared to analyst estimates of $11.73 billion. Sell-side analysts anticipate that ZTO Express will post 1.57 earnings per share for the current fiscal year.

ZTO Express (Cayman) Announces Dividend

The business also recently announced a semi-annual dividend, which was paid on Tuesday, April 29th. Investors of record on Thursday, April 10th were issued a $0.35 dividend. The ex-dividend date was Thursday, April 10th. This represents a yield of 4.7%. ZTO Express (Cayman)’s dividend payout ratio (DPR) is presently 45.95%.

Analyst Upgrades and Downgrades

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

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.