Blue Trust Inc. Buys 2,758 Shares of ZTO Express (Cayman) Inc. (NYSE:ZTO)

Blue Trust Inc. increased its position in shares of ZTO Express (Cayman) Inc. (NYSE:ZTOFree Report) by 119.8% in the fourth quarter, Holdings Channel reports. The institutional investor owned 5,061 shares of the transportation company’s stock after buying an additional 2,758 shares during the period. Blue Trust Inc.’s holdings in ZTO Express (Cayman) were worth $99,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Cerity Partners LLC lifted its holdings in ZTO Express (Cayman) by 3.7% during the 3rd quarter. Cerity Partners LLC now owns 18,913 shares of the transportation company’s stock worth $468,000 after purchasing an additional 674 shares during the last quarter. Van ECK Associates Corp boosted its position in shares of ZTO Express (Cayman) by 60.8% during the 3rd quarter. Van ECK Associates Corp now owns 1,825 shares of the transportation company’s stock worth $46,000 after acquiring an additional 690 shares in the last quarter. Point72 DIFC Ltd acquired a new position in shares of ZTO Express (Cayman) during the 3rd quarter worth $26,000. Financial Counselors Inc. lifted its holdings in shares of ZTO Express (Cayman) by 11.1% in the third quarter. Financial Counselors Inc. now owns 10,726 shares of the transportation company’s stock worth $266,000 after acquiring an additional 1,069 shares during the last quarter. Finally, Pitcairn Co. lifted its stake in ZTO Express (Cayman) by 4.8% in the 3rd quarter. Pitcairn Co. now owns 26,520 shares of the transportation company’s stock valued at $657,000 after purchasing an additional 1,211 shares during the last quarter. 41.65% of the stock is currently owned by institutional investors and hedge funds.

ZTO Express (Cayman) Trading Up 0.8 %

Shares of ZTO Express (Cayman) stock opened at $19.25 on Friday. The company has a market capitalization of $11.63 billion, a P/E ratio of 13.27, a price-to-earnings-growth ratio of 0.94 and a beta of -0.16. The stock has a fifty day simple moving average of $19.06 and a 200 day simple moving average of $20.94. ZTO Express has a 12-month low of $16.87 and a 12-month high of $27.50.

Wall Street Analyst Weigh In

A number of equities research analysts have weighed in on ZTO shares. JPMorgan Chase & Co. initiated coverage on shares of ZTO Express (Cayman) in a report on Wednesday, October 30th. They set an “overweight” rating and a $30.00 target price on the stock. Hsbc Global Res lowered shares of ZTO Express (Cayman) from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, January 21st. HSBC downgraded shares of ZTO Express (Cayman) from a “buy” rating to a “hold” rating and lowered their target price for the stock from $28.00 to $20.00 in a research note on Tuesday, January 21st. Finally, StockNews.com raised shares of ZTO Express (Cayman) from a “hold” rating to a “buy” rating in a research report on Tuesday, January 14th. Three research analysts have rated the stock with a hold rating and three have assigned 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 $24.53.

View Our Latest Stock Report on ZTO Express (Cayman)

ZTO Express (Cayman) Company Profile

(Free Report)

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.

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Institutional Ownership by Quarter for ZTO Express (Cayman) (NYSE:ZTO)

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