Atria Investments Inc Has $378,000 Stock Holdings in ZTO Express (Cayman) Inc. (NYSE:ZTO)

Atria Investments Inc decreased its position in ZTO Express (Cayman) Inc. (NYSE:ZTO) by 6.0% in the 3rd quarter, Holdings Channel.com reports. The institutional investor owned 15,259 shares of the transportation company’s stock after selling 970 shares during the period. Atria Investments Inc’s holdings in ZTO Express (Cayman) were worth $378,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Sei Investments Co. lifted its position in ZTO Express (Cayman) by 32.0% in the 1st quarter. Sei Investments Co. now owns 31,038 shares of the transportation company’s stock valued at $650,000 after acquiring an additional 7,526 shares in the last quarter. O Shaughnessy Asset Management LLC bought a new stake in ZTO Express (Cayman) in the 1st quarter valued at $230,000. CANADA LIFE ASSURANCE Co lifted its position in ZTO Express (Cayman) by 25.0% in the 1st quarter. CANADA LIFE ASSURANCE Co now owns 525,329 shares of the transportation company’s stock valued at $11,007,000 after acquiring an additional 105,100 shares in the last quarter. EntryPoint Capital LLC bought a new stake in ZTO Express (Cayman) in the 1st quarter valued at $43,000. Finally, Capital Research Global Investors lifted its position in ZTO Express (Cayman) by 2.5% in the 1st quarter. Capital Research Global Investors now owns 8,038,533 shares of the transportation company’s stock valued at $168,327,000 after acquiring an additional 199,464 shares in the last quarter. Institutional investors and hedge funds own 41.65% of the company’s stock.

Analyst Ratings Changes

Separately, JPMorgan Chase & Co. assumed coverage on shares of ZTO Express (Cayman) in a research report on Wednesday, October 30th. They issued an “overweight” rating and a $30.00 price objective on the stock. Two investment analysts have rated the stock with a hold rating and three have assigned a buy rating to the company’s stock. Based on data from MarketBeat.com, ZTO Express (Cayman) presently has a consensus rating of “Moderate Buy” and an average price target of $27.03.

ZTO Express (Cayman) Stock Down 0.9 %

Shares of ZTO opened at $19.82 on Friday. ZTO Express has a 52 week low of $15.90 and a 52 week high of $27.50. The firm has a market cap of $11.98 billion, a P/E ratio of 13.67, a price-to-earnings-growth ratio of 1.00 and a beta of -0.09. The firm’s 50-day simple moving average is $23.52 and its 200 day simple moving average is $22.07. The company has a debt-to-equity ratio of 0.12, a quick ratio of 1.26 and a current ratio of 1.26.

ZTO Express (Cayman) (NYSE:ZTO) last announced its quarterly earnings results on Tuesday, August 20th. The transportation company reported $0.47 EPS for the quarter. ZTO Express (Cayman) had a net margin of 20.56% and a return on equity of 15.62%. The business had revenue of $1.48 billion for the quarter. On average, analysts forecast that ZTO Express will post 1.66 earnings per share for the current year.

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.