SG Americas Securities LLC Grows Stake in ZTO Express (Cayman) Inc. (NYSE:ZTO)

SG Americas Securities LLC boosted its stake in shares of ZTO Express (Cayman) Inc. (NYSE:ZTO - Free Report) by 8.4% during the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 320,625 shares of the transportation company's stock after purchasing an additional 24,900 shares during the period. SG Americas Securities LLC owned approximately 0.05% of ZTO Express (Cayman) worth $6,361,000 at the end of the most recent reporting period.

Several other large investors also recently bought and sold shares of the stock. UMB Bank n.a. grew its holdings in shares of ZTO Express (Cayman) by 106.4% during the first quarter. UMB Bank n.a. now owns 1,288 shares of the transportation company's stock valued at $26,000 after buying an additional 664 shares during the last quarter. Blue Trust Inc. grew its stake in ZTO Express (Cayman) by 119.8% during the 4th quarter. Blue Trust Inc. now owns 5,061 shares of the transportation company's stock valued at $99,000 after purchasing an additional 2,758 shares during the last quarter. Schechter Investment Advisors LLC grew its stake in ZTO Express (Cayman) by 12.0% during the 4th quarter. Schechter Investment Advisors LLC now owns 11,255 shares of the transportation company's stock valued at $220,000 after purchasing an additional 1,204 shares during the last quarter. OCONNOR A Distinct Business Unit of UBS ASSET MANAGEMENT AMERICAS LLC purchased a new stake in ZTO Express (Cayman) during the 4th quarter valued at about $231,000. Finally, LPL Financial LLC purchased a new stake in ZTO Express (Cayman) during the 4th quarter valued at about $232,000. Hedge funds and other institutional investors own 41.65% of the company's stock.

ZTO Express (Cayman) Stock Performance

NYSE ZTO traded up $0.26 during mid-day trading on Monday, reaching $17.71. 1,277,292 shares of the stock were exchanged, compared to its average volume of 2,787,008. The business's 50 day moving average is $18.16 and its 200-day moving average is $18.95. ZTO Express has a 1 year low of $16.34 and a 1 year high of $27.50. The company has a market capitalization of $10.60 billion, a P/E ratio of 12.22, a P/E/G ratio of 1.03 and a beta of -0.18.

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 (EPS) for the quarter, missing the consensus estimate of $0.46 by ($0.02). The firm 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%. Equities analysts predict that ZTO Express will post 1.57 earnings per share for the current fiscal year.

ZTO Express (Cayman) Dividend Announcement

The firm also recently announced a semi-annual dividend, which was paid on Tuesday, April 29th. Stockholders of record on Thursday, April 10th were given a dividend of $0.35 per share. The ex-dividend date was Thursday, April 10th. This represents a dividend yield of 4.7%. ZTO Express (Cayman)'s dividend payout ratio (DPR) is 43.04%.

Wall Street Analysts Forecast Growth

A number of equities research analysts recently commented on the company. Wall Street Zen lowered ZTO Express (Cayman) from a "buy" rating to a "hold" rating in a research report on Saturday, May 24th. 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. Citigroup dropped their price objective on shares of ZTO Express (Cayman) from $26.40 to $22.60 and set a "buy" rating on the stock in a report on Thursday, May 22nd. JPMorgan Chase & Co. raised shares of ZTO Express (Cayman) from a "neutral" rating to an "overweight" rating and lowered their price target for the company from $23.00 to $21.00 in a report on Thursday, May 29th. Finally, HSBC raised shares of ZTO Express (Cayman) from a "hold" rating to a "buy" rating and set a $22.00 price target on the stock in a report on Monday, April 14th. Three research analysts have rated the stock with a hold rating, three have issued a buy rating and one has given a strong buy rating to the company. Based on data from MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and an average price target of $21.16.

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.