Banco Santander S.A. Boosts Position in ZTO Express (Cayman) Inc. (NYSE:ZTO)

Banco Santander S.A. lifted its stake in shares of ZTO Express (Cayman) Inc. (NYSE:ZTO) by 3.1% during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 41,840 shares of the transportation company’s stock after acquiring an additional 1,248 shares during the period. Banco Santander S.A.’s holdings in ZTO Express (Cayman) were worth $818,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors have also modified their holdings of the stock. Pzena Investment Management LLC increased its position in shares of ZTO Express (Cayman) by 18.1% during the 3rd quarter. Pzena Investment Management LLC now owns 7,039,599 shares of the transportation company’s stock worth $174,371,000 after purchasing an additional 1,079,327 shares during the last quarter. Greenwoods Asset Management Hong Kong Ltd. increased its position in shares of ZTO Express (Cayman) by 10.6% during the 4th quarter. Greenwoods Asset Management Hong Kong Ltd. now owns 6,617,077 shares of the transportation company’s stock worth $129,364,000 after purchasing an additional 633,604 shares during the last quarter. Fisher Asset Management LLC increased its position in shares of ZTO Express (Cayman) by 10.0% during the 3rd quarter. Fisher Asset Management LLC now owns 3,484,318 shares of the transportation company’s stock worth $86,307,000 after purchasing an additional 317,450 shares during the last quarter. Hhlr Advisors LTD. increased its position in shares of ZTO Express (Cayman) by 8,172.7% during the 3rd quarter. Hhlr Advisors LTD. now owns 3,003,008 shares of the transportation company’s stock worth $74,385,000 after purchasing an additional 2,966,708 shares during the last quarter. Finally, Todd Asset Management LLC increased its position in shares of ZTO Express (Cayman) by 36.5% during the 4th quarter. Todd Asset Management LLC now owns 1,345,583 shares of the transportation company’s stock worth $26,306,000 after purchasing an additional 359,578 shares during the last quarter. Hedge funds and other institutional investors own 41.65% of the company’s stock.

Analyst Upgrades and Downgrades

ZTO has been the subject of a number of recent analyst reports. HSBC downgraded ZTO Express (Cayman) from a “buy” rating to a “hold” rating and cut their price objective for the stock from $28.00 to $20.00 in a research report on Tuesday, January 21st. Hsbc Global Res downgraded ZTO Express (Cayman) from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, January 21st. Finally, StockNews.com raised ZTO Express (Cayman) from a “hold” rating to a “buy” rating in a research report on Tuesday, January 14th. Three equities research analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus price target of $24.53.

ZTO Express (Cayman) Price Performance

NYSE ZTO opened at $20.13 on Monday. The company has a market cap of $12.16 billion, a P/E ratio of 13.88, a P/E/G ratio of 1.03 and a beta of -0.13. The stock has a 50-day moving average of $19.31 and a two-hundred day moving average of $21.02. ZTO Express has a 1-year low of $17.89 and a 1-year high of $27.50.

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.