OCONNOR A Distinct Business Unit of UBS ASSET MANAGEMENT AMERICAS LLC Acquires Shares of 11,800 ZTO Express (Cayman) Inc. (NYSE:ZTO)

OCONNOR A Distinct Business Unit of UBS ASSET MANAGEMENT AMERICAS LLC acquired a new position in ZTO Express (Cayman) Inc. (NYSE:ZTO) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 11,800 shares of the transportation company’s stock, valued at approximately $231,000.

Other large investors also recently made changes to their positions in the company. ABC Arbitrage SA acquired a new stake in shares of ZTO Express (Cayman) in the 4th quarter valued at $316,000. SG Americas Securities LLC boosted its holdings in ZTO Express (Cayman) by 2,787.7% in the fourth quarter. SG Americas Securities LLC now owns 295,725 shares of the transportation company’s stock valued at $5,781,000 after acquiring an additional 285,484 shares during the last quarter. XY Capital Ltd boosted its holdings in ZTO Express (Cayman) by 208.9% in the fourth quarter. XY Capital Ltd now owns 396,873 shares of the transportation company’s stock valued at $7,759,000 after acquiring an additional 268,387 shares during the last quarter. Blue Trust Inc. increased its position in ZTO Express (Cayman) by 119.8% in the fourth quarter. Blue Trust Inc. now owns 5,061 shares of the transportation company’s stock worth $99,000 after purchasing an additional 2,758 shares during the period. Finally, LPL Financial LLC bought a new stake in ZTO Express (Cayman) during the 4th quarter worth about $232,000. Institutional investors own 41.65% of the company’s stock.

ZTO Express (Cayman) Price Performance

Shares of NYSE:ZTO opened at $18.74 on Thursday. The firm’s 50 day simple moving average is $19.10 and its 200 day simple moving average is $19.58. ZTO Express has a fifty-two week low of $16.34 and a fifty-two week high of $27.50. The company has a market capitalization of $11.21 billion, a price-to-earnings ratio of 12.92, a P/E/G ratio of 1.03 and a beta of -0.14.

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

ZTO Express (Cayman) Announces Dividend

The firm also recently disclosed a semi-annual dividend, which was paid on Tuesday, April 29th. Investors of record on Thursday, April 10th were paid a dividend of $0.35 per share. This represents a yield of 4.7%. The ex-dividend date of this dividend was Thursday, April 10th. ZTO Express (Cayman)’s payout ratio is presently 45.95%.

Wall Street Analyst Weigh In

ZTO has been the topic of several recent research reports. StockNews.com raised shares of ZTO Express (Cayman) from a “hold” rating to a “buy” rating in a research note on Wednesday, March 26th. HSBC upgraded shares of ZTO Express (Cayman) from a “hold” rating to a “buy” rating and set a $22.00 price objective on the stock in a report on Monday, April 14th. JPMorgan Chase & Co. lowered shares of ZTO Express (Cayman) from an “overweight” rating to a “neutral” rating and lowered their target price for the stock from $25.00 to $23.00 in a report on Thursday, March 20th. Finally, Hsbc Global Res raised ZTO Express (Cayman) from a “hold” rating to a “strong-buy” rating in a research note on Monday, April 14th. Two equities research analysts have rated the stock with a hold rating, three have issued a buy rating and one has given a strong buy rating to the company’s stock. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus target price of $23.28.

ZTO Express (Cayman) Company 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.