Hhlr Advisors LTD. Sells 2,567,081 Shares of ZTO Express (Cayman) Inc. (NYSE:ZTO)

Hhlr Advisors LTD. cut its stake in shares of ZTO Express (Cayman) Inc. (NYSE:ZTO - Free Report) by 85.5% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 435,927 shares of the transportation company's stock after selling 2,567,081 shares during the quarter. ZTO Express (Cayman) makes up approximately 0.3% of Hhlr Advisors LTD.'s holdings, making the stock its 20th biggest position. Hhlr Advisors LTD. owned about 0.07% of ZTO Express (Cayman) worth $8,522,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Confluence Investment Management LLC boosted its position in shares of ZTO Express (Cayman) by 14.8% in the fourth quarter. Confluence Investment Management LLC now owns 10,282 shares of the transportation company's stock worth $201,000 after purchasing an additional 1,326 shares during the period. ABC Arbitrage SA bought a new position in ZTO Express (Cayman) in the 4th quarter worth $316,000. SG Americas Securities LLC boosted its holdings in ZTO Express (Cayman) by 2,787.7% in the 4th quarter. SG Americas Securities LLC now owns 295,725 shares of the transportation company's stock worth $5,781,000 after buying an additional 285,484 shares during the period. XY Capital Ltd increased its stake in ZTO Express (Cayman) by 208.9% in the 4th quarter. XY Capital Ltd now owns 396,873 shares of the transportation company's stock worth $7,759,000 after buying an additional 268,387 shares in the last quarter. Finally, Blue Trust Inc. raised its holdings in ZTO Express (Cayman) by 119.8% during the fourth quarter. Blue Trust Inc. now owns 5,061 shares of the transportation company's stock valued at $99,000 after acquiring an additional 2,758 shares during the period. 41.65% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

Several analysts recently issued reports on ZTO shares. Hsbc Global Res upgraded ZTO Express (Cayman) from a "hold" rating to a "strong-buy" rating 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 report on Wednesday, March 26th. 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 report on Monday, April 14th. Finally, JPMorgan Chase & Co. cut shares of ZTO Express (Cayman) from an "overweight" rating to a "neutral" rating and cut their target price for the company from $25.00 to $23.00 in a research note on Thursday, March 20th. Two analysts have rated the stock with a hold rating, three have issued a buy rating and one has issued a strong buy rating to the company's stock. According to data from MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and an average price target of $23.28.

ZTO Express (Cayman) Price Performance

Shares of NYSE ZTO traded up $0.54 during mid-day trading on Friday, hitting $19.00. 1,819,590 shares of the company's stock traded hands, compared to its average volume of 2,849,734. ZTO Express has a 1 year low of $16.34 and a 1 year high of $27.50. The company's 50-day moving average is $19.29 and its two-hundred day moving average is $19.87. The company has a market capitalization of $11.37 billion, a P/E ratio of 13.10, a PEG ratio of 1.03 and a beta of -0.14.

ZTO Express (Cayman) (NYSE:ZTO - Get Free Report) last posted its quarterly earnings data 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 company had revenue of $1.77 billion during the quarter, compared to the consensus estimate of $11.73 billion. ZTO Express (Cayman) had a net margin of 20.56% and a return on equity of 15.44%. Equities analysts anticipate that ZTO Express will post 1.57 EPS for the current fiscal year.

ZTO Express (Cayman) Dividend Announcement

The company also recently disclosed a semi-annual dividend, which was paid on Tuesday, April 29th. Shareholders of record on Thursday, April 10th were given 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 dividend payout ratio (DPR) is 45.95%.

ZTO Express (Cayman) 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.