Quantbot Technologies LP Raises Stake in ZTO Express (Cayman) Inc. (NYSE:ZTO)

Quantbot Technologies LP grew its stake in shares of ZTO Express (Cayman) Inc. (NYSE:ZTO) by 414.7% during the 4th quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 138,369 shares of the transportation company’s stock after purchasing an additional 111,487 shares during the period. Quantbot Technologies LP’s holdings in ZTO Express (Cayman) were worth $2,705,000 at the end of the most recent reporting period.

Several other institutional investors also recently made changes to their positions in the stock. Cerity Partners LLC boosted its position in shares of ZTO Express (Cayman) by 3.7% during the 3rd quarter. Cerity Partners LLC now owns 18,913 shares of the transportation company’s stock worth $468,000 after purchasing an additional 674 shares in the last quarter. Natixis Advisors LLC boosted its position in shares of ZTO Express (Cayman) by 1.4% during the 4th quarter. Natixis Advisors LLC now owns 64,943 shares of the transportation company’s stock worth $1,270,000 after purchasing an additional 918 shares in the last quarter. Point72 DIFC Ltd purchased a new stake in shares of ZTO Express (Cayman) during the 3rd quarter worth $26,000. Financial Counselors Inc. boosted its position in shares of ZTO Express (Cayman) by 11.1% during the 3rd quarter. Financial Counselors Inc. now owns 10,726 shares of the transportation company’s stock worth $266,000 after purchasing an additional 1,069 shares in the last quarter. Finally, Schechter Investment Advisors LLC boosted its position in shares of ZTO Express (Cayman) by 12.0% during the 4th quarter. Schechter Investment Advisors LLC now owns 11,255 shares of the transportation company’s stock worth $220,000 after purchasing an additional 1,204 shares in the last quarter. 41.65% of the stock is currently owned by hedge funds and other institutional investors.

ZTO Express (Cayman) Trading Down 0.4 %

Shares of ZTO stock opened at $20.06 on Friday. The firm has a 50-day moving average price of $19.55 and a 200 day moving average price of $20.96. ZTO Express has a twelve month low of $17.89 and a twelve month high of $27.50. The company has a market capitalization of $12.12 billion, a price-to-earnings ratio of 13.83, a PEG ratio of 1.03 and a beta of -0.13.

ZTO Express (Cayman) (NYSE:ZTO) last announced its earnings results 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 firm had revenue of $1.77 billion during the quarter, compared to analyst estimates of $11.73 billion. As a group, research analysts predict that ZTO Express will post 1.57 earnings per share for the current year.

ZTO Express (Cayman) Dividend Announcement

The business also recently disclosed a semi-annual dividend, which will be paid on Tuesday, April 29th. Stockholders of record on Thursday, April 10th will be paid a dividend of $0.35 per share. This represents a dividend yield of 4.7%. The ex-dividend date is Thursday, April 10th. ZTO Express (Cayman)’s dividend payout ratio is currently 46.90%.

Wall Street Analysts Forecast Growth

Several research firms recently commented on ZTO. Hsbc Global Res lowered shares of ZTO Express (Cayman) from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, January 21st. StockNews.com lowered shares of ZTO Express (Cayman) from a “buy” rating to a “hold” rating in a research report on Tuesday, March 18th. JPMorgan Chase & Co. lowered shares of ZTO Express (Cayman) from an “overweight” rating to a “neutral” rating and decreased their price objective for the stock from $25.00 to $23.00 in a research report on Thursday. Finally, HSBC lowered shares of ZTO Express (Cayman) from a “buy” rating to a “hold” rating and decreased their price objective for the stock from $28.00 to $20.00 in a research report on Tuesday, January 21st. Five investment analysts have rated the stock with a hold rating and one has assigned a buy rating to the company. According to data from MarketBeat, the company has a consensus rating of “Hold” and a consensus price target of $22.78.

ZTO Express (Cayman) Company 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.