ZTO Express (Cayman) Inc. (NYSE:ZTO) Shares Sold by SG Americas Securities LLC

SG Americas Securities LLC reduced its stake in shares of ZTO Express (Cayman) Inc. (NYSE:ZTO) by 94.6% in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 10,241 shares of the transportation company’s stock after selling 180,734 shares during the period. SG Americas Securities LLC’s holdings in ZTO Express (Cayman) were worth $254,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also made changes to their positions in the company. EntryPoint Capital LLC acquired a new stake in shares of ZTO Express (Cayman) during the first quarter worth $43,000. First Horizon Advisors Inc. acquired a new stake in shares of ZTO Express (Cayman) during the second quarter worth $45,000. Mendota Financial Group LLC acquired a new stake in shares of ZTO Express (Cayman) during the second quarter worth $167,000. O Shaughnessy Asset Management LLC acquired a new stake in shares of ZTO Express (Cayman) during the first quarter worth $230,000. Finally, Los Angeles Capital Management LLC acquired a new stake in shares of ZTO Express (Cayman) during the second quarter worth $271,000. 41.65% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Separately, Macquarie downgraded shares of ZTO Express (Cayman) from an “outperform” rating to a “neutral” rating and set a $21.20 target price for the company. in a research report on Wednesday, June 26th. Two investment analysts have rated the stock with a hold rating and three have given a buy rating to the stock. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average target price of $27.03.

ZTO Express (Cayman) Trading Down 0.7 %

NYSE ZTO opened at $24.99 on Tuesday. The company has a market capitalization of $15.16 billion, a PE ratio of 17.60, a P/E/G ratio of 1.18 and a beta of -0.10. The company has a fifty day moving average of $22.85 and a 200 day moving average of $21.77. ZTO Express has a 1 year low of $15.90 and a 1 year high of $27.50. The company has a debt-to-equity ratio of 0.12, a current ratio of 1.26 and a quick ratio of 1.26.

ZTO Express (Cayman) (NYSE:ZTO) last posted its earnings results on Tuesday, August 20th. The transportation company reported $0.47 earnings per share (EPS) for the quarter. The company had revenue of $1.48 billion during the quarter. ZTO Express (Cayman) had a net margin of 21.22% and a return on equity of 15.51%. Research analysts forecast that ZTO Express will post 1.69 earnings per share for the current year.

ZTO Express (Cayman) Dividend Announcement

The company also recently disclosed a Semi-Annual dividend, which was paid on Thursday, October 17th. Shareholders of record on Tuesday, September 10th were given a $0.35 dividend. The ex-dividend date was Tuesday, September 10th. This represents a dividend yield of 4.6%. ZTO Express (Cayman)’s dividend payout ratio (DPR) is currently 47.89%.

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.