Great West Life Assurance Co. Can Has $141,000 Stake in Zto Express Inc (ZTO)

Great West Life Assurance Co. Can lifted its position in Zto Express Inc (NYSE:ZTO) by 1.2% during the 2nd quarter, according to the company in its most recent filing with the SEC. The fund owned 10,123 shares of the transportation company’s stock after purchasing an additional 123 shares during the quarter. Great West Life Assurance Co. Can’s holdings in Zto Express were worth $141,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently bought and sold shares of the company. Quantitative Systematic Strategies LLC grew its holdings in shares of Zto Express by 486.5% in the 2nd quarter. Quantitative Systematic Strategies LLC now owns 130,428 shares of the transportation company’s stock worth $1,830,000 after purchasing an additional 108,188 shares during the last quarter. Green Court Capital Management Ltd bought a new stake in shares of Zto Express in the 2nd quarter worth about $81,799,000. Creative Planning grew its holdings in shares of Zto Express by 3,817.8% in the 2nd quarter. Creative Planning now owns 15,671 shares of the transportation company’s stock worth $219,000 after purchasing an additional 15,271 shares during the last quarter. Capital One National Association bought a new stake in shares of Zto Express in the 2nd quarter worth about $313,000. Finally, Goldman Sachs Group Inc. grew its holdings in shares of Zto Express by 49.2% in the 1st quarter. Goldman Sachs Group Inc. now owns 90,159 shares of the transportation company’s stock worth $1,180,000 after purchasing an additional 29,732 shares during the last quarter. 22.77% of the stock is currently owned by institutional investors and hedge funds.

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Several equities research analysts have recently weighed in on the stock. Zacks Investment Research lowered shares of Zto Express from a “hold” rating to a “sell” rating in a report on Friday, May 26th. HSBC Holdings plc assumed coverage on shares of Zto Express in a report on Tuesday, August 8th. They issued a “reduce” rating and a $12.50 target price on the stock. UBS AG assumed coverage on shares of Zto Express in a report on Tuesday, July 11th. They issued a “buy” rating on the stock. Finally, CLSA assumed coverage on shares of Zto Express in a report on Monday, June 26th. They issued a “sell” rating on the stock. Two equities research analysts have rated the stock with a sell rating, one has given a hold rating and six have issued a buy rating to the stock. The company has an average rating of “Hold” and a consensus price target of $17.36.

Shares of Zto Express Inc (ZTO) opened at 15.07 on Friday. The firm’s 50-day moving average is $14.56 and its 200-day moving average is $13.87. Zto Express Inc has a one year low of $12.01 and a one year high of $18.45. The company has a market cap of $10.82 billion and a price-to-earnings ratio of 28.76.

Zto Express (NYSE:ZTO) last issued its earnings results on Tuesday, August 22nd. The transportation company reported $0.15 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $0.14 by $0.01. The firm had revenue of $2.97 billion during the quarter, compared to the consensus estimate of $3.02 billion. Zto Express had a return on equity of 14.83% and a net margin of 22.54%. The business’s revenue was up 29.9% on a year-over-year basis. Analysts expect that Zto Express Inc will post $0.63 EPS for the current fiscal year.

Zto Express Company Profile

ZTO Express (Cayman) Inc is an express delivery company in China. The Company provides express delivery service through its nationwide network, as well as other value-added logistics services. The Company provides its services for a range of online merchants and consumers transacting on the Chinese e-commerce platforms, such as Alibaba and JD.com.

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

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