OPTIMAS CAPITAL Ltd Takes $4.01 Million Position in ZTO Express (Cayman) Inc. $ZTO

OPTIMAS CAPITAL Ltd acquired a new stake in ZTO Express (Cayman) Inc. (NYSE:ZTO) in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund acquired 191,700 shares of the transportation company’s stock, valued at approximately $4,005,000. ZTO Express (Cayman) accounts for about 4.4% of OPTIMAS CAPITAL Ltd’s holdings, making the stock its 7th biggest position.

Several other institutional investors and hedge funds have also modified their holdings of the stock. Pzena Investment Management LLC lifted its holdings in shares of ZTO Express (Cayman) by 4.9% in the 3rd quarter. Pzena Investment Management LLC now owns 7,999,407 shares of the transportation company’s stock valued at $153,589,000 after buying an additional 376,179 shares during the period. Todd Asset Management LLC lifted its holdings in shares of ZTO Express (Cayman) by 17.8% in the 4th quarter. Todd Asset Management LLC now owns 1,697,019 shares of the transportation company’s stock valued at $35,451,000 after buying an additional 257,021 shares during the period. Capitolis Liquid Global Markets LLC acquired a new position in shares of ZTO Express (Cayman) in the 3rd quarter valued at about $25,672,000. Teachers Retirement System of The State of Kentucky lifted its holdings in shares of ZTO Express (Cayman) by 20.3% in the 4th quarter. Teachers Retirement System of The State of Kentucky now owns 1,077,250 shares of the transportation company’s stock valued at $22,504,000 after buying an additional 181,600 shares during the period. Finally, BNP Paribas Financial Markets lifted its holdings in shares of ZTO Express (Cayman) by 30.1% in the 4th quarter. BNP Paribas Financial Markets now owns 768,626 shares of the transportation company’s stock valued at $16,057,000 after buying an additional 177,866 shares during the period. Institutional investors and hedge funds own 41.65% of the company’s stock.

ZTO Express (Cayman) Price Performance

Shares of ZTO Express (Cayman) stock opened at $22.53 on Friday. The company has a quick ratio of 1.64, a current ratio of 1.64 and a debt-to-equity ratio of 0.16. ZTO Express has a twelve month low of $16.94 and a twelve month high of $26.20. The business has a 50-day moving average price of $24.36 and a 200 day moving average price of $23.08. The firm has a market cap of $12.70 billion, a PE ratio of 13.82, a P/E/G ratio of 0.89 and a beta of -0.22.

ZTO Express (Cayman) (NYSE:ZTO) last announced its quarterly earnings results on Saturday, February 14th. The transportation company reported $0.47 earnings per share for the quarter. ZTO Express (Cayman) had a return on equity of 14.23% and a net margin of 17.87%.The firm had revenue of $2.07 billion during the quarter. Sell-side analysts predict that ZTO Express will post 1.89 earnings per share for the current fiscal year.

ZTO Express (Cayman) Dividend Announcement

The company also recently disclosed a dividend, which was paid on Wednesday, April 29th. Shareholders of record on Wednesday, April 8th were paid a dividend of $0.39 per share. This represents a yield of 318.0%. The ex-dividend date was Wednesday, April 8th. ZTO Express (Cayman)’s payout ratio is 46.63%.

Analyst Ratings Changes

Several equities analysts have recently issued reports on ZTO shares. Weiss Ratings cut ZTO Express (Cayman) from a “buy (b-)” rating to a “hold (c+)” rating in a report on Wednesday, May 20th. Macquarie Infrastructure upgraded ZTO Express (Cayman) from a “hold” rating to a “strong-buy” rating in a research note on Sunday, February 8th. Zacks Research lowered ZTO Express (Cayman) from a “strong-buy” rating to a “hold” rating in a research note on Friday, May 29th. JPMorgan Chase & Co. lifted their price target on ZTO Express (Cayman) from $25.00 to $29.00 and gave the company an “overweight” rating in a research note on Monday, April 13th. Finally, Morgan Stanley restated an “overweight” rating and issued a $30.10 price target on shares of ZTO Express (Cayman) in a research note on Wednesday, May 20th. One research analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating and three have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $27.03.

ZTO Express (Cayman) Company Profile

ZTO Express (Cayman) Inc is one of China’s leading express delivery companies, specializing in both domestic and cross-border parcel logistics. The company operates a technology-enabled network that connects shippers, independent pickup and delivery stations, regional sorting hubs and end customers. ZTO’s service portfolio includes standard express, heavy-weight parcel delivery, time-definite shipments and e-commerce logistics solutions tailored for online retailers and marketplaces.

Founded in 2002 and headquartered in Shanghai, ZTO has grown rapidly by leveraging a franchise-style operating model that engages a broad network of independent contractors.