Atria Investments Inc Sells 4,748 Shares of ZTO Express (Cayman) Inc. (NYSE:ZTO)

Atria Investments Inc trimmed its holdings in shares of ZTO Express (Cayman) Inc. (NYSE:ZTO) by 31.1% in the fourth quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 10,511 shares of the transportation company’s stock after selling 4,748 shares during the quarter. Atria Investments Inc’s holdings in ZTO Express (Cayman) were worth $205,000 as of its most recent filing with the SEC.

Several other hedge funds have also recently bought and sold shares of the stock. Cerity Partners LLC boosted its holdings in shares of ZTO Express (Cayman) by 3.7% in the third quarter. Cerity Partners LLC now owns 18,913 shares of the transportation company’s stock valued at $468,000 after buying an additional 674 shares during the period. Point72 DIFC Ltd bought a new stake in ZTO Express (Cayman) in the 3rd quarter valued at $26,000. Financial Counselors Inc. boosted its stake in ZTO Express (Cayman) by 11.1% in 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 during the period. Schechter Investment Advisors LLC increased its holdings in 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. Finally, Pitcairn Co. raised its stake in shares of ZTO Express (Cayman) by 4.8% in the 3rd quarter. Pitcairn Co. now owns 26,520 shares of the transportation company’s stock valued at $657,000 after purchasing an additional 1,211 shares during the period. 41.65% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Several research analysts have recently weighed in on ZTO shares. StockNews.com cut ZTO Express (Cayman) from a “buy” rating to a “hold” rating in a research report on Tuesday. HSBC downgraded ZTO Express (Cayman) from a “buy” rating to a “hold” rating and reduced their price target for the stock from $28.00 to $20.00 in a research report on Tuesday, January 21st. Finally, Hsbc Global Res downgraded shares of ZTO Express (Cayman) from a “strong-buy” rating to a “hold” rating in a report on Tuesday, January 21st. Four investment analysts have rated the stock with a hold rating and two have assigned a buy rating to the company’s stock. Based on data from MarketBeat, the stock currently has an average rating of “Hold” and a consensus target price of $24.53.

ZTO Express (Cayman) Trading Up 2.9 %

NYSE ZTO opened at $21.33 on Wednesday. The firm has a market capitalization of $12.89 billion, a P/E ratio of 14.71, a price-to-earnings-growth ratio of 1.03 and a beta of -0.13. The firm’s fifty day moving average price is $19.43 and its two-hundred day moving average price is $20.98. ZTO Express has a 1 year low of $17.89 and a 1 year high of $27.50.

ZTO Express (Cayman) (NYSE:ZTO) last issued its earnings results on Tuesday, March 18th. The transportation company reported $0.44 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.47 by ($0.03). ZTO Express (Cayman) had a net margin of 20.56% and a return on equity of 15.44%. On average, research analysts anticipate that ZTO Express will post 1.57 EPS for the current fiscal year.

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.