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

ZTO Express (Cayman) logo with Transportation background

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.

Get Our Latest Analysis on ZTO

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

(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.

Further Reading

Institutional Ownership by Quarter for ZTO Express (Cayman) (NYSE:ZTO)

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