Temasek Holdings Private Ltd Sells 4,166,509 Shares of ZTO Express (Cayman) Inc. $ZTO

Temasek Holdings Private Ltd lessened its stake in shares of ZTO Express (Cayman) Inc. (NYSE:ZTO) by 40.0% during the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor owned 6,260,241 shares of the transportation company’s stock after selling 4,166,509 shares during the period. Temasek Holdings Private Ltd owned about 1.06% of ZTO Express (Cayman) worth $130,776,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds have also bought and sold shares of the stock. Squarepoint Ops LLC raised its holdings in ZTO Express (Cayman) by 462.0% during the fourth quarter. Squarepoint Ops LLC now owns 82,176 shares of the transportation company’s stock worth $1,717,000 after acquiring an additional 104,876 shares in the last quarter. Vanguard Personalized Indexing Management LLC raised its holdings in ZTO Express (Cayman) by 16.8% during the fourth quarter. Vanguard Personalized Indexing Management LLC now owns 30,198 shares of the transportation company’s stock worth $631,000 after acquiring an additional 4,333 shares in the last quarter. Aurora Investment Counsel raised its holdings in ZTO Express (Cayman) by 2.9% during the fourth quarter. Aurora Investment Counsel now owns 153,811 shares of the transportation company’s stock worth $3,213,000 after acquiring an additional 4,378 shares in the last quarter. Barclays PLC raised its holdings in ZTO Express (Cayman) by 91.3% during the fourth quarter. Barclays PLC now owns 88,162 shares of the transportation company’s stock worth $1,842,000 after acquiring an additional 42,081 shares in the last quarter. Finally, Atlas Capital Advisors Inc. bought a new stake in ZTO Express (Cayman) during the fourth quarter worth about $35,000. Institutional investors own 41.65% of the company’s stock.

Analysts Set New Price Targets

Several research firms have recently commented on ZTO. Weiss Ratings downgraded ZTO Express (Cayman) from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Wednesday, May 20th. Wall Street Zen raised ZTO Express (Cayman) from a “hold” rating to a “buy” rating in a research report on Saturday, April 11th. Morgan Stanley reaffirmed an “overweight” rating and issued a $30.10 target price on shares of ZTO Express (Cayman) in a research report on Wednesday, May 20th. JPMorgan Chase & Co. upped their target price on ZTO Express (Cayman) from $25.00 to $29.00 and gave the company an “overweight” rating in a research report on Monday, April 13th. Finally, Zacks Research downgraded ZTO Express (Cayman) from a “strong-buy” rating to a “hold” rating in a research report on Friday, May 29th. One analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating and three have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average target price of $27.03.

ZTO Express (Cayman) Trading Up 0.3%

Shares of NYSE:ZTO opened at $22.90 on Tuesday. The company has a market capitalization of $12.91 billion, a P/E ratio of 14.05, a P/E/G ratio of 0.89 and a beta of -0.22. ZTO Express has a 1 year low of $17.03 and a 1 year high of $26.20. The company has a debt-to-equity ratio of 0.16, a current ratio of 1.64 and a quick ratio of 1.64. The business’s 50 day simple moving average is $24.07 and its 200 day simple moving average is $23.23.

ZTO Express (Cayman) (NYSE:ZTO) last issued its quarterly earnings results on Saturday, February 14th. The transportation company reported $0.47 earnings per share (EPS) for the quarter. The business had revenue of $2.07 billion for the quarter. ZTO Express (Cayman) had a return on equity of 14.23% and a net margin of 17.87%. On average, research analysts anticipate that ZTO Express will post 1.89 EPS for the current fiscal year.

About ZTO Express (Cayman)

ZTO Express (Cayman) Inc is one of China’s leading express delivery companies, specializing in both domestic and cross-border parcel logistics. The company operates a technology-enabled network that connects shippers, independent pickup and delivery stations, regional sorting hubs and end customers. ZTO’s service portfolio includes standard express, heavy-weight parcel delivery, time-definite shipments and e-commerce logistics solutions tailored for online retailers and marketplaces.

Founded in 2002 and headquartered in Shanghai, ZTO has grown rapidly by leveraging a franchise-style operating model that engages a broad network of independent contractors.