B. Metzler seel. Sohn & Co. Holding AG Invests $505,000 in ZTO Express (Cayman) Inc. (NYSE:ZTO)

B. Metzler seel. Sohn & Co. Holding AG acquired a new stake in shares of ZTO Express (Cayman) Inc. (NYSE:ZTO) in the 3rd quarter, according to the company in its most recent disclosure with the SEC. The institutional investor acquired 20,369 shares of the transportation company’s stock, valued at approximately $505,000.

A number of other hedge funds also recently bought and sold shares of ZTO. Bayesian Capital Management LP boosted its position in shares of ZTO Express (Cayman) by 121.7% during the 1st quarter. Bayesian Capital Management LP now owns 105,291 shares of the transportation company’s stock valued at $2,205,000 after acquiring an additional 57,800 shares during the last quarter. Teachers Retirement System of The State of Kentucky grew its stake in shares of ZTO Express (Cayman) by 20.9% in the 1st quarter. Teachers Retirement System of The State of Kentucky now owns 564,570 shares of the transportation company’s stock valued at $11,822,000 after buying an additional 97,600 shares during the period. Renaissance Technologies LLC increased its holdings in shares of ZTO Express (Cayman) by 60.9% during the 2nd quarter. Renaissance Technologies LLC now owns 167,300 shares of the transportation company’s stock worth $3,471,000 after buying an additional 63,300 shares during the last quarter. Public Sector Pension Investment Board raised its position in shares of ZTO Express (Cayman) by 17.7% during the 2nd quarter. Public Sector Pension Investment Board now owns 144,347 shares of the transportation company’s stock valued at $2,995,000 after buying an additional 21,750 shares during the period. Finally, Scientech Research LLC acquired a new position in ZTO Express (Cayman) in the second quarter valued at approximately $927,000. Institutional investors and hedge funds own 41.65% of the company’s stock.

Wall Street Analyst Weigh In

Separately, JPMorgan Chase & Co. assumed coverage on ZTO Express (Cayman) in a research report on Wednesday, October 30th. They set an “overweight” rating and a $30.00 price objective for the company. Two investment analysts have rated the stock with a hold rating and three have issued a buy rating to the company. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $27.03.

ZTO Express (Cayman) Price Performance

NYSE ZTO opened at $19.28 on Monday. The company has a market cap of $11.65 billion, a P/E ratio of 13.30, a P/E/G ratio of 0.99 and a beta of -0.09. ZTO Express has a 1-year low of $15.90 and a 1-year high of $27.50. The stock has a 50-day moving average of $23.47 and a two-hundred day moving average of $22.07.

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.