Schonfeld Strategic Advisors LLC Buys Shares of 165,197 ZTO Express (Cayman) Inc. (NYSE:ZTO)

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

Other hedge funds have also recently made changes to their positions in the company. Natixis Advisors LLC grew its position in ZTO Express (Cayman) by 1.4% during the 4th 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 during the last quarter. Fox Run Management L.L.C. lifted its stake in shares of 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 worth $275,000 after buying an additional 980 shares during the period. Cerity Partners LLC grew its holdings in shares of ZTO Express (Cayman) by 5.9% during the fourth quarter. Cerity Partners LLC now owns 20,035 shares of the transportation company's stock valued at $392,000 after buying an additional 1,122 shares during the last quarter. Schechter Investment Advisors LLC grew its holdings in shares of ZTO Express (Cayman) by 12.0% during the fourth quarter. Schechter Investment Advisors LLC now owns 11,255 shares of the transportation company's stock valued at $220,000 after buying an additional 1,204 shares during the last quarter. Finally, Banco Santander S.A. increased its position in shares of ZTO Express (Cayman) by 3.1% in the 4th quarter. Banco Santander S.A. now owns 41,840 shares of the transportation company's stock valued at $818,000 after acquiring an additional 1,248 shares during the period. 41.65% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

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

ZTO Express (Cayman) Trading Down 1.2 %

Shares of ZTO Express (Cayman) stock traded down $0.23 during trading hours on Friday, reaching $18.73. The stock had a trading volume of 651,835 shares, compared to its average volume of 2,817,362. ZTO Express has a twelve month low of $16.34 and a twelve month high of $27.50. The firm has a market capitalization of $11.21 billion, a PE ratio of 12.92, a PEG ratio of 1.03 and a beta of -0.14. The stock's 50 day moving average is $19.24 and its 200 day moving average is $19.74.

ZTO Express (Cayman) (NYSE:ZTO - Get Free Report) last issued its quarterly earnings results on Tuesday, March 18th. The transportation company reported $0.44 earnings per share (EPS) for the quarter, missing analysts' consensus estimates 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 return on equity of 15.44% and a net margin of 20.56%. As a group, sell-side analysts predict that ZTO Express will post 1.57 earnings per share for the current year.

ZTO Express (Cayman) Dividend Announcement

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

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.