Mariner LLC Has $1.43 Million Stake in ZTO Express (Cayman) Inc. (NYSE:ZTO)

Mariner LLC reduced its holdings in ZTO Express (Cayman) Inc. (NYSE:ZTO) by 11.4% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 73,100 shares of the transportation company’s stock after selling 9,416 shares during the period. Mariner LLC’s holdings in ZTO Express (Cayman) were worth $1,429,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Pzena Investment Management LLC raised its position in shares of ZTO Express (Cayman) by 11.7% in the 4th quarter. Pzena Investment Management LLC now owns 7,860,285 shares of the transportation company’s stock valued at $153,669,000 after acquiring an additional 820,686 shares during the period. Greenwoods Asset Management Hong Kong Ltd. increased its stake in ZTO Express (Cayman) by 10.6% in the fourth quarter. Greenwoods Asset Management Hong Kong Ltd. now owns 6,617,077 shares of the transportation company’s stock valued at $129,364,000 after purchasing an additional 633,604 shares in the last quarter. WFM ASIA BVI Ltd acquired a new stake in ZTO Express (Cayman) during the 4th quarter worth $11,364,000. Todd Asset Management LLC raised its position in shares of ZTO Express (Cayman) by 36.5% during the fourth quarter. Todd Asset Management LLC now owns 1,345,583 shares of the transportation company’s stock worth $26,306,000 after purchasing an additional 359,578 shares during the period. Finally, SG Americas Securities LLC raised its position in shares of ZTO Express (Cayman) by 2,787.7% during the fourth quarter. SG Americas Securities LLC now owns 295,725 shares of the transportation company’s stock worth $5,781,000 after purchasing an additional 285,484 shares during the period. 41.65% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

ZTO has been the subject of a number of research reports. JPMorgan Chase & Co. cut ZTO Express (Cayman) from an “overweight” rating to a “neutral” rating and lowered their target price for the stock from $25.00 to $23.00 in a research note on Thursday, March 20th. HSBC raised shares of ZTO Express (Cayman) from a “hold” rating to a “buy” rating and set a $22.00 price objective for the company in a research report on Monday, April 14th. Hsbc Global Res raised shares of ZTO Express (Cayman) from a “hold” rating to a “strong-buy” rating in a research report on Monday, April 14th. Finally, StockNews.com upgraded ZTO Express (Cayman) from a “hold” rating to a “buy” rating in a report on Wednesday, March 26th. Two analysts have rated the stock with a hold rating, three have issued a buy rating and one has assigned a strong buy rating to the company’s stock. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average target price of $23.28.

ZTO Express (Cayman) Stock Up 0.3 %

NYSE ZTO opened at $19.06 on Friday. ZTO Express has a 12-month low of $16.34 and a 12-month high of $27.50. The firm’s 50 day moving average is $19.43 and its 200-day moving average is $20.15. The company has a market capitalization of $11.40 billion, a PE ratio of 13.14, a price-to-earnings-growth ratio of 1.03 and a beta of -0.03.

ZTO Express (Cayman) (NYSE:ZTO) last announced 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). ZTO Express (Cayman) had a net margin of 20.56% and a return on equity of 15.44%. The company had revenue of $1.77 billion during the quarter, compared to the consensus estimate of $11.73 billion. As a group, sell-side analysts expect that ZTO Express will post 1.57 EPS for the current year.

ZTO Express (Cayman) Dividend Announcement

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

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.