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

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

Several other hedge funds and other institutional investors have also recently bought and sold shares of the company. SIH Partners LLLP acquired a new position in ZTO Express (Cayman) during the 4th quarter valued at about $1,411,000. Teachers Retirement System of The State of Kentucky lifted its stake in shares of ZTO Express (Cayman) by 46.5% in the 4th quarter. Teachers Retirement System of The State of Kentucky now owns 826,850 shares of the transportation company's stock worth $16,165,000 after acquiring an additional 262,280 shares during the period. Marshall Wace LLP boosted its holdings in shares of ZTO Express (Cayman) by 831.6% in the fourth quarter. Marshall Wace LLP now owns 1,168,821 shares of the transportation company's stock valued at $22,850,000 after acquiring an additional 1,043,359 shares in the last quarter. Jump Financial LLC acquired a new position in shares of ZTO Express (Cayman) during the fourth quarter valued at approximately $2,002,000. Finally, Guggenheim Capital LLC raised its holdings in ZTO Express (Cayman) by 37.9% during the fourth quarter. Guggenheim Capital LLC now owns 20,240 shares of the transportation company's stock worth $396,000 after purchasing an additional 5,568 shares in the last quarter. 41.65% of the stock is owned by institutional investors.

ZTO Express (Cayman) Stock Down 1.3 %

Shares of ZTO traded down $0.25 during mid-day trading on Wednesday, hitting $18.91. 1,736,563 shares of the company's stock were exchanged, compared to its average volume of 2,837,932. The stock has a market cap of $11.32 billion, a price-to-earnings ratio of 13.04, a P/E/G ratio of 1.03 and a beta of -0.14. The firm has a fifty day moving average of $19.27 and a two-hundred day moving average of $19.79. ZTO Express has a twelve month low of $16.34 and a twelve month high of $27.50.

ZTO Express (Cayman) (NYSE:ZTO - Get Free Report) last posted its earnings results on Tuesday, March 18th. The transportation company reported $0.44 earnings per share for the quarter, missing the consensus estimate 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 for the quarter, compared to the consensus estimate of $11.73 billion. On average, equities analysts predict that ZTO Express will post 1.57 earnings per share for the current year.

ZTO Express (Cayman) Announces Dividend

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

Wall Street Analysts Forecast Growth

ZTO has been the topic of a number of recent research reports. JPMorgan Chase & Co. cut 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 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 on the stock in a research report on Monday, April 14th. StockNews.com raised shares of ZTO Express (Cayman) from a "hold" rating to a "buy" rating in a research note on Wednesday, March 26th. Finally, Hsbc Global Res upgraded shares of ZTO Express (Cayman) from a "hold" rating to a "strong-buy" rating in a research 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 stock. Based on data from MarketBeat.com, the stock has an average rating of "Moderate Buy" and an average price target of $23.28.

About ZTO Express (Cayman)

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.