ZTO Express (Cayman) Inc. (NYSE:ZTO) Holdings Trimmed by Tower Research Capital LLC TRC

Tower Research Capital LLC TRC trimmed its holdings in ZTO Express (Cayman) Inc. (NYSE:ZTO - Free Report) by 79.7% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 10,389 shares of the transportation company's stock after selling 40,894 shares during the period. Tower Research Capital LLC TRC's holdings in ZTO Express (Cayman) were worth $203,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently made changes to their positions in ZTO. Teachers Retirement System of The State of Kentucky lifted its holdings in ZTO Express (Cayman) by 46.5% during the 4th quarter. Teachers Retirement System of The State of Kentucky now owns 826,850 shares of the transportation company's stock worth $16,165,000 after buying an additional 262,280 shares during the last quarter. Marshall Wace LLP lifted its stake in ZTO Express (Cayman) by 831.6% during the fourth quarter. Marshall Wace LLP now owns 1,168,821 shares of the transportation company's stock worth $22,850,000 after purchasing an additional 1,043,359 shares during the last quarter. Jump Financial LLC acquired a new position in ZTO Express (Cayman) in the fourth quarter worth $2,002,000. Guggenheim Capital LLC increased its stake in ZTO Express (Cayman) by 37.9% during the fourth quarter. Guggenheim Capital LLC now owns 20,240 shares of the transportation company's stock valued at $396,000 after purchasing an additional 5,568 shares during the last quarter. Finally, XTX Topco Ltd acquired a new stake in shares of ZTO Express (Cayman) during the fourth quarter worth $479,000. 41.65% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

Several equities analysts have recently commented on the company. StockNews.com raised ZTO Express (Cayman) from a "hold" rating to a "buy" rating in a report on Wednesday, March 26th. JPMorgan Chase & Co. lowered ZTO Express (Cayman) from an "overweight" rating to a "neutral" rating and dropped their target price for the stock from $25.00 to $23.00 in a research report on Thursday, March 20th. 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. Finally, HSBC raised 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. Two investment 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's stock. According to data from MarketBeat.com, ZTO Express (Cayman) presently has an average rating of "Moderate Buy" and a consensus target price of $23.28.

ZTO Express (Cayman) Stock Down 1.2 %

ZTO stock traded down $0.22 during trading on Friday, reaching $18.74. 1,470,149 shares of the company's stock were exchanged, compared to its average volume of 2,820,484. The firm has a market cap of $11.21 billion, a PE ratio of 12.92, a P/E/G ratio of 1.03 and a beta of -0.14. ZTO Express has a 1-year low of $16.34 and a 1-year high of $27.50. The company's fifty day moving average price is $19.24 and its 200-day moving average price is $19.74.

ZTO Express (Cayman) (NYSE:ZTO - Get Free Report) last announced its 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 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%. As a group, sell-side analysts expect that ZTO Express will post 1.57 earnings per share for the current fiscal year.

ZTO Express (Cayman) Announces Dividend

The business also recently disclosed a semi-annual dividend, which was paid on Tuesday, April 29th. Investors of record on Thursday, April 10th were paid a dividend of $0.35 per share. The ex-dividend date of this dividend was Thursday, April 10th. This represents a dividend yield of 4.7%. ZTO Express (Cayman)'s dividend payout ratio 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.