Charles Schwab Investment Management Inc. Has $5.40 Million Stake in ZTO Express (Cayman) Inc. (NYSE:ZTO)

Charles Schwab Investment Management Inc. increased its stake in shares of ZTO Express (Cayman) Inc. (NYSE:ZTO) by 47.7% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 276,426 shares of the transportation company’s stock after buying an additional 89,312 shares during the quarter. Charles Schwab Investment Management Inc.’s holdings in ZTO Express (Cayman) were worth $5,404,000 at the end of the most recent reporting period.

Other large investors have also added to or reduced their stakes in the company. Point72 DIFC Ltd bought a new stake in shares of ZTO Express (Cayman) during the 3rd quarter valued at $26,000. Point72 Asia Singapore Pte. Ltd. bought a new stake in ZTO Express (Cayman) during the third quarter worth about $46,000. Blue Trust Inc. grew its stake in ZTO Express (Cayman) by 119.8% during the fourth quarter. Blue Trust Inc. now owns 5,061 shares of the transportation company’s stock worth $99,000 after buying an additional 2,758 shares in the last quarter. Confluence Investment Management LLC increased its holdings in ZTO Express (Cayman) by 14.8% in the 4th quarter. Confluence Investment Management LLC now owns 10,282 shares of the transportation company’s stock valued at $201,000 after buying an additional 1,326 shares during the period. Finally, Financial Counselors Inc. increased its holdings 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 valued at $266,000 after buying an additional 1,069 shares during the period. Institutional investors and hedge funds own 41.65% of the company’s stock.

Analyst Ratings Changes

ZTO has been the subject of a number of recent analyst reports. HSBC downgraded shares of ZTO Express (Cayman) from a “buy” rating to a “hold” rating and cut their price target for the stock from $28.00 to $20.00 in a report on Tuesday, January 21st. Hsbc Global Res downgraded ZTO Express (Cayman) from a “strong-buy” rating to a “hold” rating in a report on Tuesday, January 21st. JPMorgan Chase & Co. lowered ZTO Express (Cayman) from an “overweight” rating to a “neutral” rating and decreased their price target for the company from $25.00 to $23.00 in a research note on Thursday, March 20th. Finally, StockNews.com upgraded ZTO Express (Cayman) from a “hold” rating to a “buy” rating in a research report on Wednesday. Four equities research analysts have rated the stock with a hold rating and two have given a buy rating to the stock. According to MarketBeat, the company has a consensus rating of “Hold” and an average price target of $22.78.

ZTO Express (Cayman) Price Performance

Shares of NYSE:ZTO opened at $19.84 on Wednesday. The firm has a 50 day simple moving average of $19.61 and a 200 day simple moving average of $20.93. The company has a market cap of $11.99 billion, a price-to-earnings ratio of 13.68, a PEG ratio of 1.03 and a beta of -0.13. ZTO Express has a one year low of $17.89 and a one year high of $27.50.

ZTO Express (Cayman) (NYSE:ZTO) last announced its quarterly earnings results on Tuesday, March 18th. The transportation company reported $0.44 EPS for the quarter, missing analysts’ consensus estimates of $0.46 by ($0.02). The firm had revenue of $1.77 billion during the quarter, compared to the consensus estimate of $11.73 billion. ZTO Express (Cayman) had a net margin of 20.56% and a return on equity of 15.44%. As a group, analysts expect that ZTO Express will post 1.57 EPS for the current year.

ZTO Express (Cayman) Announces Dividend

The company also recently declared 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 of this dividend is Thursday, April 10th. ZTO Express (Cayman)’s payout ratio is 45.95%.

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.