72,150 Shares in ZTO Express (Cayman) Inc. (NYSE:ZTO) Acquired by SIH Partners LLLP

SIH Partners LLLP bought a new position in ZTO Express (Cayman) Inc. (NYSE:ZTO - Free Report) during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm bought 72,150 shares of the transportation company's stock, valued at approximately $1,411,000.

Several other institutional investors have also recently bought and sold shares of the company. Confluence Investment Management LLC increased its holdings in shares of ZTO Express (Cayman) by 14.8% during the 4th 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 shares of ZTO Express (Cayman) during the 4th quarter worth about $316,000. SG Americas Securities LLC increased its holdings in shares of ZTO Express (Cayman) by 2,787.7% during the 4th quarter. SG Americas Securities LLC now owns 295,725 shares of the transportation company's stock worth $5,781,000 after purchasing an additional 285,484 shares during the period. XY Capital Ltd increased its holdings in shares of ZTO Express (Cayman) by 208.9% during the 4th quarter. XY Capital Ltd now owns 396,873 shares of the transportation company's stock worth $7,759,000 after purchasing an additional 268,387 shares during the period. Finally, Blue Trust Inc. increased its holdings in shares of ZTO Express (Cayman) by 119.8% during the 4th quarter. Blue Trust Inc. now owns 5,061 shares of the transportation company's stock worth $99,000 after purchasing an additional 2,758 shares during the period. Institutional investors own 41.65% of the company's stock.

Wall Street Analyst Weigh In

ZTO has been the topic of several research reports. JPMorgan Chase & Co. downgraded shares of ZTO Express (Cayman) from an "overweight" rating to a "neutral" rating and dropped their price objective for the stock from $25.00 to $23.00 in a report on Thursday, March 20th. HSBC upgraded shares of ZTO Express (Cayman) from a "hold" rating to a "buy" rating and set a $22.00 price objective on the stock in a 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 raised shares of ZTO Express (Cayman) from a "hold" rating to a "strong-buy" rating in a research report on Monday, April 14th. Two equities 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 stock. According to MarketBeat.com, ZTO Express (Cayman) has a consensus rating of "Moderate Buy" and an average target price of $23.28.

ZTO Express (Cayman) Stock Performance

Shares of ZTO stock traded up $0.06 during trading hours on Friday, hitting $19.06. The company had a trading volume of 1,621,588 shares, compared to its average volume of 2,881,083. ZTO Express has a 12 month low of $16.34 and a 12 month high of $27.50. The firm has a market capitalization of $11.40 billion, a price-to-earnings ratio of 13.14, a PEG ratio of 1.03 and a beta of -0.03. The firm's fifty day moving average is $19.43 and its 200 day moving average is $20.07.

ZTO Express (Cayman) (NYSE:ZTO - Get Free Report) last released its quarterly earnings data 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 during the quarter, compared to the consensus estimate of $11.73 billion. On average, sell-side analysts expect that ZTO Express will post 1.57 EPS for the current fiscal year.

ZTO Express (Cayman) Announces Dividend

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