Green Court Capital Management Ltd Has $213.10 Million Position in ZTO Express (Cayman) Inc. (NYSE:ZTO)

Green Court Capital Management Ltd lifted its holdings in shares of ZTO Express (Cayman) Inc. (NYSE:ZTO - Free Report) by 19.1% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 10,014,230 shares of the transportation company's stock after acquiring an additional 1,607,986 shares during the quarter. ZTO Express (Cayman) accounts for about 63.4% of Green Court Capital Management Ltd's investment portfolio, making the stock its biggest position. Green Court Capital Management Ltd owned approximately 1.65% of ZTO Express (Cayman) worth $213,103,000 as of its most recent SEC filing.

A number of other institutional investors also recently made changes to their positions in ZTO. Bank of New York Mellon Corp increased its holdings in shares of ZTO Express (Cayman) by 0.6% in the 3rd quarter. Bank of New York Mellon Corp now owns 454,262 shares of the transportation company's stock valued at $10,980,000 after acquiring an additional 2,550 shares during the last quarter. IFM Investors Pty Ltd increased its stake in ZTO Express (Cayman) by 58.8% during the third quarter. IFM Investors Pty Ltd now owns 28,520 shares of the transportation company's stock valued at $689,000 after purchasing an additional 10,561 shares during the last quarter. Advisor Partners II LLC acquired a new stake in shares of ZTO Express (Cayman) during the third quarter worth $344,000. Harel Insurance Investments & Financial Services Ltd. lifted its position in shares of ZTO Express (Cayman) by 9.0% in the 3rd quarter. Harel Insurance Investments & Financial Services Ltd. now owns 10,521 shares of the transportation company's stock worth $254,000 after buying an additional 872 shares during the last quarter. Finally, Sumitomo Mitsui DS Asset Management Company Ltd boosted its holdings in shares of ZTO Express (Cayman) by 85.2% in the 3rd quarter. Sumitomo Mitsui DS Asset Management Company Ltd now owns 32,297 shares of the transportation company's stock valued at $781,000 after buying an additional 14,862 shares during the period. 41.65% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

A number of equities analysts have issued reports on ZTO shares. StockNews.com cut shares of ZTO Express (Cayman) from a "buy" rating to a "hold" rating in a report on Tuesday, February 6th. JPMorgan Chase & Co. reduced their price objective on ZTO Express (Cayman) from $37.00 to $30.00 and set an "overweight" rating for the company in a research report on Thursday, March 21st. Bank of America upgraded ZTO Express (Cayman) from a "neutral" rating to a "buy" rating and upped their price objective for the stock from $22.00 to $29.00 in a research note on Thursday, March 21st. Finally, HSBC reduced their price target on shares of ZTO Express (Cayman) from $32.00 to $30.00 and set a "buy" rating for the company in a report on Thursday, March 21st. One equities research analyst has rated the stock with a hold rating and four have issued a buy rating to the company's stock. According to MarketBeat.com, the stock has an average rating of "Moderate Buy" and an average price target of $30.00.

ZTO Express (Cayman) Stock Performance

ZTO stock traded down $0.22 during trading on Tuesday, reaching $21.55. 4,862,027 shares of the company's stock were exchanged, compared to its average volume of 4,294,494. The firm has a market cap of $13.08 billion, a PE ratio of 14.56, a P/E/G ratio of 1.27 and a beta of -0.06. The company has a quick ratio of 1.34, a current ratio of 1.34 and a debt-to-equity ratio of 0.12. ZTO Express has a 1-year low of $15.90 and a 1-year high of $30.05. The company's fifty day moving average price is $20.88 and its 200-day moving average price is $20.47.

ZTO Express (Cayman) (NYSE:ZTO - Get Free Report) last announced its earnings results on Tuesday, March 19th. The transportation company reported $0.38 earnings per share (EPS) for the quarter. ZTO Express (Cayman) had a net margin of 22.70% and a return on equity of 15.24%. The firm had revenue of $1.50 billion during the quarter. On average, research analysts expect that ZTO Express will post 1.7 EPS for the current fiscal year.

ZTO Express (Cayman) Dividend Announcement

The company also recently announced an annual dividend, which was paid on Monday, April 29th. Investors of record on Wednesday, April 10th were issued a dividend of $0.61 per share. The ex-dividend date was Tuesday, April 9th. This represents a yield of 2.82%. ZTO Express (Cayman)'s payout ratio is 41.22%.

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.