Aurora Investment Counsel Raises Stock Holdings in ZTO Express (Cayman) Inc. $ZTO

Aurora Investment Counsel boosted its stake in ZTO Express (Cayman) Inc. (NYSE:ZTO) by 2.3% during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 141,455 shares of the transportation company’s stock after buying an additional 3,245 shares during the period. ZTO Express (Cayman) makes up approximately 1.3% of Aurora Investment Counsel’s portfolio, making the stock its 19th biggest position. Aurora Investment Counsel’s holdings in ZTO Express (Cayman) were worth $2,511,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also recently bought and sold shares of ZTO. First Horizon Advisors Inc. raised its holdings in ZTO Express (Cayman) by 70.8% in the 1st quarter. First Horizon Advisors Inc. now owns 2,132 shares of the transportation company’s stock valued at $42,000 after buying an additional 884 shares during the period. Brooklyn Investment Group grew its position in ZTO Express (Cayman) by 443,600.0% in the 1st quarter. Brooklyn Investment Group now owns 4,437 shares of the transportation company’s stock valued at $88,000 after acquiring an additional 4,436 shares in the last quarter. U S Global Investors Inc. grew its position in ZTO Express (Cayman) by 47.0% in the 1st quarter. U S Global Investors Inc. now owns 10,101 shares of the transportation company’s stock valued at $200,000 after acquiring an additional 3,229 shares in the last quarter. One Wealth Advisors LLC grew its position in ZTO Express (Cayman) by 6.6% in the 2nd quarter. One Wealth Advisors LLC now owns 12,741 shares of the transportation company’s stock valued at $226,000 after acquiring an additional 790 shares in the last quarter. Finally, Mirae Asset Global Investments Co. Ltd. grew its position in ZTO Express (Cayman) by 7.9% in the 2nd quarter. Mirae Asset Global Investments Co. Ltd. now owns 13,173 shares of the transportation company’s stock valued at $234,000 after acquiring an additional 961 shares in the last quarter. 41.65% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

Several equities analysts have weighed in on ZTO shares. Weiss Ratings reaffirmed a “hold (c)” rating on shares of ZTO Express (Cayman) in a research report on Wednesday, October 8th. Morgan Stanley set a $24.20 target price on ZTO Express (Cayman) in a research report on Wednesday, July 2nd. Zacks Research raised ZTO Express (Cayman) from a “strong sell” rating to a “hold” rating in a research report on Thursday, September 25th. Finally, Bank of America boosted their price objective on ZTO Express (Cayman) from $19.00 to $22.00 and gave the stock a “neutral” rating in a research report on Wednesday, August 20th. One investment analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating and three have assigned a Hold rating to the company’s stock. According to MarketBeat.com, ZTO Express (Cayman) currently has a consensus rating of “Moderate Buy” and a consensus price target of $22.36.

ZTO Express (Cayman) Stock Performance

Shares of ZTO Express (Cayman) stock opened at $19.09 on Tuesday. The business has a 50-day simple moving average of $19.03 and a 200-day simple moving average of $18.61. The company has a market cap of $11.42 billion, a PE ratio of 12.90, a P/E/G ratio of 7.42 and a beta of -0.18. ZTO Express has a one year low of $16.34 and a one year high of $25.35.

ZTO Express (Cayman) Cuts Dividend

The firm also recently announced a semi-annual dividend, which will be paid on Friday, October 31st. Investors of record on Tuesday, September 30th will be paid a dividend of $0.29 per share. The ex-dividend date is Tuesday, September 30th. This represents a yield of 312.0%. ZTO Express (Cayman)’s payout ratio is presently 39.19%.

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.