Fox Run Management L.L.C. Has $275,000 Holdings in ZTO Express (Cayman) Inc. (NYSE:ZTO)

Fox Run Management L.L.C. lifted its position in shares of ZTO Express (Cayman) Inc. (NYSE:ZTO) by 7.5% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 14,069 shares of the transportation company’s stock after purchasing an additional 980 shares during the period. Fox Run Management L.L.C.’s holdings in ZTO Express (Cayman) were worth $275,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds have also added to or reduced their stakes in ZTO. Hhlr Advisors LTD. increased its position in ZTO Express (Cayman) by 8,172.7% during the 3rd quarter. Hhlr Advisors LTD. now owns 3,003,008 shares of the transportation company’s stock worth $74,385,000 after buying an additional 2,966,708 shares during the period. Healthcare of Ontario Pension Plan Trust Fund bought a new position in ZTO Express (Cayman) during the third quarter worth about $29,350,000. Pzena Investment Management LLC increased its position in ZTO Express (Cayman) by 11.7% during the fourth quarter. Pzena Investment Management LLC now owns 7,860,285 shares of the transportation company’s stock worth $153,669,000 after acquiring an additional 820,686 shares during the period. Greenwoods Asset Management Hong Kong Ltd. raised its stake in ZTO Express (Cayman) by 10.6% in the 4th quarter. Greenwoods Asset Management Hong Kong Ltd. now owns 6,617,077 shares of the transportation company’s stock worth $129,364,000 after purchasing an additional 633,604 shares in the last quarter. Finally, Point72 Asset Management L.P. bought a new stake in ZTO Express (Cayman) in the 3rd quarter valued at about $12,407,000. 41.65% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

A number of research firms have recently weighed in on ZTO. HSBC downgraded shares of ZTO Express (Cayman) from a “buy” rating to a “hold” rating and dropped their price target for the company from $28.00 to $20.00 in a research report on Tuesday, January 21st. Hsbc Global Res cut ZTO Express (Cayman) from a “strong-buy” rating to a “hold” rating in a report on Tuesday, January 21st. JPMorgan Chase & Co. lowered ZTO Express (Cayman) from an “overweight” rating to a “neutral” rating and reduced their target price for the stock from $25.00 to $23.00 in a report on Thursday, March 20th. Finally, StockNews.com raised ZTO Express (Cayman) from a “hold” rating to a “buy” rating in a research note on Wednesday. Four equities research analysts have rated the stock with a hold rating and two have assigned a buy rating to the company’s stock. According to MarketBeat.com, ZTO Express (Cayman) presently has an average rating of “Hold” and a consensus price target of $22.78.

ZTO Express (Cayman) Stock Performance

Shares of ZTO stock opened at $20.22 on Friday. ZTO Express has a fifty-two week low of $17.89 and a fifty-two week high of $27.50. The stock’s fifty day moving average price is $19.67 and its two-hundred day moving average price is $20.92. The company has a market cap of $12.22 billion, a PE ratio of 13.95, a P/E/G ratio of 1.03 and a beta of -0.13.

ZTO Express (Cayman) (NYSE:ZTO) last released its quarterly earnings data 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 business had revenue of $1.77 billion during the quarter, compared to analyst estimates of $11.73 billion. ZTO Express (Cayman) had a net margin of 20.56% and a return on equity of 15.44%. On average, equities analysts predict that ZTO Express will post 1.57 EPS for the current fiscal year.

ZTO Express (Cayman) Announces Dividend

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

ZTO Express (Cayman) 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.