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

Jump Financial LLC purchased a new stake in ZTO Express (Cayman) Inc. (NYSE:ZTO) in the fourth quarter, according to its most recent Form 13F filing with the SEC. The institutional investor 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 ZTO. Confluence Investment Management LLC lifted its stake in ZTO Express (Cayman) by 14.8% during the fourth quarter. Confluence Investment Management LLC now owns 10,282 shares of the transportation company’s stock valued at $201,000 after purchasing an additional 1,326 shares during the last quarter. ABC Arbitrage SA bought a new position in shares of ZTO Express (Cayman) in the fourth quarter valued at $316,000. SG Americas Securities LLC lifted its position in shares of ZTO Express (Cayman) by 2,787.7% during the 4th quarter. SG Americas Securities LLC now owns 295,725 shares of the transportation company’s stock valued at $5,781,000 after acquiring an additional 285,484 shares during the last quarter. XY Capital Ltd boosted its stake in shares of ZTO Express (Cayman) by 208.9% during the 4th quarter. XY Capital Ltd now owns 396,873 shares of the transportation company’s stock worth $7,759,000 after acquiring an additional 268,387 shares in the last quarter. Finally, Blue Trust Inc. grew its holdings in shares of ZTO Express (Cayman) by 119.8% in the 4th quarter. Blue Trust Inc. now owns 5,061 shares of the transportation company’s stock worth $99,000 after acquiring an additional 2,758 shares during the last quarter. Institutional investors own 41.65% of the company’s stock.

Analyst Ratings Changes

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

ZTO Express (Cayman) Stock Performance

Shares of ZTO opened at $18.82 on Friday. The company has a market capitalization of $11.26 billion, a PE ratio of 12.98, a PEG ratio of 1.03 and a beta of -0.03. The company’s 50 day moving average price is $19.52 and its 200 day moving average price is $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 posted its quarterly earnings results on Tuesday, March 18th. The transportation company reported $0.44 EPS 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 for the quarter, compared to analysts’ expectations of $11.73 billion. On average, equities analysts forecast that ZTO Express will post 1.57 earnings per share for the current fiscal year.

ZTO Express (Cayman) Announces Dividend

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

About ZTO Express (Cayman)

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.