23,121 Shares in ZTO Express (Cayman) Inc. (NYSE:ZTO) Bought by Headlands Technologies LLC

Headlands Technologies LLC bought a new stake in shares of ZTO Express (Cayman) Inc. (NYSE:ZTO) in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund bought 23,121 shares of the transportation company’s stock, valued at approximately $492,000.

Several other institutional investors have also recently added to or reduced their stakes in ZTO. Schroder Investment Management Group boosted its holdings in shares of ZTO Express (Cayman) by 68.4% during the third quarter. Schroder Investment Management Group now owns 8,260,456 shares of the transportation company’s stock valued at $199,655,000 after acquiring an additional 3,353,753 shares during the period. FMR LLC boosted its holdings in shares of ZTO Express (Cayman) by 2,862.2% during the third quarter. FMR LLC now owns 7,435,471 shares of the transportation company’s stock valued at $179,715,000 after acquiring an additional 7,184,463 shares during the period. Canada Pension Plan Investment Board boosted its holdings in shares of ZTO Express (Cayman) by 18.3% during the third quarter. Canada Pension Plan Investment Board now owns 2,378,480 shares of the transportation company’s stock valued at $57,488,000 after acquiring an additional 368,600 shares during the period. Nordea Investment Management AB boosted its holdings in shares of ZTO Express (Cayman) by 15.0% during the fourth quarter. Nordea Investment Management AB now owns 1,661,908 shares of the transportation company’s stock valued at $35,432,000 after acquiring an additional 216,367 shares during the period. Finally, Brandes Investment Partners LP boosted its holdings in shares of ZTO Express (Cayman) by 15.2% during the third quarter. Brandes Investment Partners LP now owns 1,527,359 shares of the transportation company’s stock valued at $36,916,000 after acquiring an additional 201,334 shares during the period. Institutional investors own 41.65% of the company’s stock.

ZTO Express (Cayman) Price Performance

NYSE ZTO traded up $0.40 on Friday, reaching $21.61. The company’s stock had a trading volume of 2,927,471 shares, compared to its average volume of 4,717,643. ZTO Express has a twelve month low of $15.90 and a twelve month high of $30.05. The company has a debt-to-equity ratio of 0.12, a quick ratio of 1.34 and a current ratio of 1.34. The stock has a market cap of $13.11 billion, a PE ratio of 14.61, a PEG ratio of 1.30 and a beta of -0.04. The firm’s 50 day moving average is $20.47 and its two-hundred day moving average is $20.73.

ZTO Express (Cayman) (NYSE:ZTO) last issued its quarterly earnings results on Tuesday, March 19th. The transportation company reported $0.38 earnings per share for the quarter. ZTO Express (Cayman) had a net margin of 22.70% and a return on equity of 15.24%. The company had revenue of $1.50 billion during the quarter. As a group, sell-side analysts predict that ZTO Express will post 1.69 EPS for the current year.

ZTO Express (Cayman) Dividend Announcement

The firm also recently declared an annual dividend, which will be paid on Monday, April 29th. Shareholders of record on Wednesday, April 10th will be issued a $0.61 dividend. This represents a yield of 2.82%. The ex-dividend date is Tuesday, April 9th. ZTO Express (Cayman)’s payout ratio is 41.22%.

Analyst Upgrades and Downgrades

ZTO has been the subject of several analyst reports. HSBC reduced their price target on shares of ZTO Express (Cayman) from $32.00 to $30.00 and set a “buy” rating for the company in a report on Thursday, March 21st. StockNews.com downgraded shares of ZTO Express (Cayman) from a “buy” rating to a “hold” rating in a report on Tuesday, February 6th. Bank of America raised shares of ZTO Express (Cayman) from a “neutral” rating to a “buy” rating and upped their price objective for the stock from $22.00 to $29.00 in a report on Thursday, March 21st. Finally, JPMorgan Chase & Co. reduced their price objective on shares of ZTO Express (Cayman) from $37.00 to $30.00 and set an “overweight” rating for the company in a report on Thursday, March 21st. One research analyst has rated the stock with a hold rating and four have issued a buy rating to the company’s stock. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $30.00.

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.