Lester Murray Antman dba SimplyRich Purchases 1,325 Shares of ZTO Express (Cayman) Inc. (NYSE:ZTO)

Lester Murray Antman dba SimplyRich lifted its position in shares of ZTO Express (Cayman) Inc. (NYSE:ZTO) by 13.0% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 11,518 shares of the transportation company’s stock after acquiring an additional 1,325 shares during the period. Lester Murray Antman dba SimplyRich’s holdings in ZTO Express (Cayman) were worth $225,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also made changes to their positions in the company. XY Capital Ltd raised its position in ZTO Express (Cayman) by 208.9% during the fourth quarter. XY Capital Ltd now owns 396,873 shares of the transportation company’s stock valued at $7,759,000 after purchasing an additional 268,387 shares in the last quarter. Blue Trust Inc. increased its stake 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 valued at $99,000 after purchasing an additional 2,758 shares during the last quarter. SG Americas Securities LLC raised its holdings 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 worth $5,781,000 after buying an additional 285,484 shares in the last quarter. Confluence Investment Management LLC lifted its position in shares of ZTO Express (Cayman) by 14.8% during the 4th quarter. Confluence Investment Management LLC now owns 10,282 shares of the transportation company’s stock worth $201,000 after buying an additional 1,326 shares during the last quarter. Finally, Public Employees Retirement System of Ohio bought a new stake in shares of ZTO Express (Cayman) during the 3rd quarter worth $4,721,000. Institutional investors and hedge funds own 41.65% of the company’s stock.

Wall Street Analyst Weigh In

A number of research analysts have issued reports on the company. Hsbc Global Res cut ZTO Express (Cayman) from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, January 21st. JPMorgan Chase & Co. began coverage on shares of ZTO Express (Cayman) in a report on Wednesday, October 30th. They set an “overweight” rating and a $30.00 price target on the stock. HSBC downgraded shares of ZTO Express (Cayman) from a “buy” rating to a “hold” rating and dropped their price objective for the company from $28.00 to $20.00 in a research note on Tuesday, January 21st. Finally, StockNews.com raised shares of ZTO Express (Cayman) from a “hold” rating to a “buy” rating in a research note on Tuesday, January 14th. Three analysts have rated the stock with a hold rating and three have issued a buy rating to the company’s stock. Based on data from MarketBeat.com, ZTO Express (Cayman) has an average rating of “Moderate Buy” and a consensus price target of $24.53.

ZTO Express (Cayman) Price Performance

ZTO Express (Cayman) stock opened at $18.91 on Wednesday. ZTO Express has a 1 year low of $17.15 and a 1 year high of $27.50. The business has a 50 day moving average of $19.07 and a 200-day moving average of $20.96. The company has a market capitalization of $11.42 billion, a P/E ratio of 13.04, a P/E/G ratio of 0.96 and a beta of -0.16.

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.