Jump Financial LLC Makes New $2 Million Investment in ZTO Express (Cayman) Inc. (NYSE:ZTO)

Jump Financial LLC purchased a new position in ZTO Express (Cayman) Inc. (NYSE:ZTO) in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund purchased 102,390 shares of the transportation company’s stock, valued at approximately $2,002,000.

Several other large investors also recently made changes to their positions in the stock. Pzena Investment Management LLC lifted its holdings in 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 worth $153,669,000 after purchasing an additional 820,686 shares during the last quarter. Greenwoods Asset Management Hong Kong Ltd. raised its position in shares of 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 during the period. Brandes Investment Partners LP grew its stake in ZTO Express (Cayman) by 1.1% in the 4th quarter. Brandes Investment Partners LP now owns 2,395,333 shares of the transportation company’s stock valued at $46,829,000 after buying an additional 24,903 shares during the last quarter. Todd Asset Management LLC lifted its position in ZTO Express (Cayman) by 36.5% during the 4th quarter. Todd Asset Management LLC now owns 1,345,583 shares of the transportation company’s stock worth $26,306,000 after acquiring an additional 359,578 shares during the last quarter. Finally, Connor Clark & Lunn Investment Management Ltd. boosted its holdings in ZTO Express (Cayman) by 75.8% during the fourth quarter. Connor Clark & Lunn Investment Management Ltd. now owns 619,134 shares of the transportation company’s stock valued at $12,104,000 after acquiring an additional 266,981 shares during the period. Institutional investors own 41.65% of the company’s stock.

ZTO Express (Cayman) Stock Performance

NYSE:ZTO opened at $18.82 on Friday. The company has a market capitalization of $11.26 billion, a price-to-earnings ratio of 12.98, a PEG ratio of 1.03 and a beta of -0.03. The company has a 50-day moving average of $19.52 and a 200-day moving average of $20.41. ZTO Express has a 52 week low of $16.34 and a 52 week high of $27.50.

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 analysts’ consensus estimates of $0.46 by ($0.02). The company had revenue of $1.77 billion for 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%. Sell-side analysts forecast 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. Shareholders of record on Thursday, April 10th will be paid a dividend of $0.35 per share. The ex-dividend date of this dividend is Thursday, April 10th. This represents a yield of 4.7%. ZTO Express (Cayman)’s dividend payout ratio is currently 45.95%.

Analyst Ratings Changes

Several equities analysts recently weighed in on the company. HSBC raised 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. StockNews.com raised ZTO Express (Cayman) from a “hold” rating to a “buy” rating in a research report on Wednesday, March 26th. 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, JPMorgan Chase & Co. lowered shares of ZTO Express (Cayman) from an “overweight” rating to a “neutral” rating and cut their price objective for the company from $25.00 to $23.00 in a research report on Thursday, March 20th. Two equities research analysts have rated the stock with a hold rating, three have given a buy rating and one has issued a strong buy rating to the stock. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $23.28.

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.