ZTO Express (Cayman) Inc. (NYSE:ZTO) is Dumac Inc.’s 6th Largest Position

Dumac Inc. boosted its holdings in shares of ZTO Express (Cayman) Inc. (NYSE:ZTO) by 663.2% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 96,781 shares of the transportation company’s stock after purchasing an additional 84,100 shares during the quarter. ZTO Express (Cayman) makes up 6.4% of Dumac Inc.’s holdings, making the stock its 6th largest position. Dumac Inc.’s holdings in ZTO Express (Cayman) were worth $2,008,000 as of its most recent SEC filing.

Several other institutional investors also recently bought and sold shares of the business. EntryPoint Capital LLC acquired a new position in ZTO Express (Cayman) during the first quarter worth about $43,000. First Horizon Advisors Inc. acquired a new position in shares of ZTO Express (Cayman) during the 2nd quarter worth approximately $45,000. Barometer Capital Management Inc. purchased a new stake in shares of ZTO Express (Cayman) in the fourth quarter valued at approximately $126,000. Mendota Financial Group LLC acquired a new stake in shares of ZTO Express (Cayman) in the second quarter valued at approximately $167,000. Finally, O Shaughnessy Asset Management LLC purchased a new position in ZTO Express (Cayman) during the first quarter worth approximately $230,000. 41.65% of the stock is owned by institutional investors and hedge funds.

ZTO Express (Cayman) Stock Performance

NYSE ZTO opened at $22.28 on Thursday. The company has a debt-to-equity ratio of 0.12, a current ratio of 1.26 and a quick ratio of 1.26. The company has a market cap of $13.46 billion, a P/E ratio of 15.69, a P/E/G ratio of 1.08 and a beta of -0.11. The stock has a 50-day moving average of $20.57 and a two-hundred day moving average of $21.24. ZTO Express has a 1-year low of $15.90 and a 1-year high of $25.12.

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

ZTO Express (Cayman) Dividend Announcement

The firm also recently announced a Semi-Annual dividend, which will be paid on Thursday, October 17th. Investors of record on Tuesday, September 10th will be issued a $0.35 dividend. This represents a yield of 4.6%. The ex-dividend date of this dividend is Tuesday, September 10th. ZTO Express (Cayman)’s dividend payout ratio (DPR) is presently 47.89%.

Analyst Upgrades and Downgrades

A number of analysts have issued reports on ZTO shares. Bank of America raised their target price on ZTO Express (Cayman) from $25.20 to $26.90 and gave the stock a “buy” rating in a research note on Monday, June 17th. Macquarie cut ZTO Express (Cayman) from an “outperform” rating to a “neutral” rating and set a $21.20 target price for the company. in a research note on Wednesday, June 26th. Two investment analysts have rated the stock with a hold rating and three have given a buy rating to the company’s stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average price target of $27.03.

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.