Blue Trust Inc. Buys 1,560 Shares of ZTO Express (Cayman) Inc. (NYSE:ZTO)

Blue Trust Inc. boosted its stake in shares of ZTO Express (Cayman) Inc. (NYSE:ZTO) by 210.0% in the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 2,303 shares of the transportation company’s stock after acquiring an additional 1,560 shares during the quarter. Blue Trust Inc.’s holdings in ZTO Express (Cayman) were worth $57,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds have also bought and sold shares of the company. Mirae Asset Global Investments Co. Ltd. grew its holdings in shares of ZTO Express (Cayman) by 72.2% in the first quarter. Mirae Asset Global Investments Co. Ltd. now owns 164,608 shares of the transportation company’s stock worth $3,534,000 after purchasing an additional 69,039 shares during the last quarter. Capstone Investment Advisors LLC bought a new stake in ZTO Express (Cayman) in the 1st quarter worth $309,000. BNP Paribas purchased a new position in shares of ZTO Express (Cayman) in the first quarter valued at about $832,000. GSA Capital Partners LLP raised its stake in shares of ZTO Express (Cayman) by 81.2% during the first quarter. GSA Capital Partners LLP now owns 26,882 shares of the transportation company’s stock valued at $563,000 after acquiring an additional 12,049 shares during the last quarter. Finally, Pzena Investment Management LLC boosted its holdings in shares of ZTO Express (Cayman) by 437.9% during the first quarter. Pzena Investment Management LLC now owns 5,889,745 shares of the transportation company’s stock worth $123,331,000 after purchasing an additional 4,794,773 shares during the period. 41.65% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

Separately, JPMorgan Chase & Co. began coverage on ZTO Express (Cayman) in a report on Wednesday. They set an “overweight” rating and a $30.00 price target on the stock. Two analysts have rated the stock with a hold rating and three have given a buy rating to the company. According to data from MarketBeat, ZTO Express (Cayman) presently has a consensus rating of “Moderate Buy” and a consensus target price of $27.03.

ZTO Express (Cayman) Trading Down 1.4 %

NYSE:ZTO opened at $23.10 on Friday. ZTO Express has a 12 month low of $15.90 and a 12 month high of $27.50. The company has a current ratio of 1.26, a quick ratio of 1.26 and a debt-to-equity ratio of 0.12. The company has a 50-day moving average price of $23.50 and a 200-day moving average price of $21.97. The stock has a market cap of $14.02 billion, a price-to-earnings ratio of 16.27, a P/E/G ratio of 1.13 and a beta of -0.10.

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

ZTO Express (Cayman) Announces Dividend

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