U S Global Investors Inc. Sells 2,130 Shares of ZTO Express (Cayman) Inc. (NYSE:ZTO)

U S Global Investors Inc. cut its holdings in ZTO Express (Cayman) Inc. (NYSE:ZTO) by 23.7% during the fourth quarter, Holdings Channel.com reports. The fund owned 6,872 shares of the transportation company’s stock after selling 2,130 shares during the period. U S Global Investors Inc.’s holdings in ZTO Express (Cayman) were worth $134,000 at the end of the most recent quarter.

A number of other institutional investors have also recently bought and sold shares of the business. Creative Planning boosted its position in shares of ZTO Express (Cayman) by 17.9% in the 3rd quarter. Creative Planning now owns 34,401 shares of the transportation company’s stock worth $852,000 after purchasing an additional 5,231 shares during the last quarter. Blue Trust Inc. lifted its stake in ZTO Express (Cayman) by 210.0% in the third quarter. Blue Trust Inc. now owns 2,303 shares of the transportation company’s stock valued at $57,000 after buying an additional 1,560 shares during the period. US Bancorp DE boosted its holdings in ZTO Express (Cayman) by 6.1% during the third quarter. US Bancorp DE now owns 87,870 shares of the transportation company’s stock worth $2,177,000 after buying an additional 5,074 shares during the last quarter. Van ECK Associates Corp grew its position in shares of ZTO Express (Cayman) by 60.8% during the 3rd quarter. Van ECK Associates Corp now owns 1,825 shares of the transportation company’s stock worth $46,000 after buying an additional 690 shares during the period. Finally, QRG Capital Management Inc. acquired a new position in shares of ZTO Express (Cayman) during the 3rd quarter worth about $393,000. Institutional investors and hedge funds own 41.65% of the company’s stock.

ZTO Express (Cayman) Stock Up 0.8 %

NYSE ZTO opened at $19.70 on Friday. ZTO Express has a 12-month low of $17.89 and a 12-month high of $27.50. The firm’s 50 day moving average is $19.26 and its 200-day moving average is $21.00. The company has a market capitalization of $11.90 billion, a PE ratio of 13.58, a price-to-earnings-growth ratio of 1.03 and a beta of -0.16.

Analyst Ratings Changes

Several research analysts recently weighed in on ZTO shares. StockNews.com raised shares of ZTO Express (Cayman) from a “hold” rating to a “buy” rating in a research note on Tuesday, January 14th. Hsbc Global Res cut shares of ZTO Express (Cayman) from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, January 21st. Finally, HSBC cut shares of ZTO Express (Cayman) from a “buy” rating to a “hold” rating and lowered their price objective for the company from $28.00 to $20.00 in a research report on Tuesday, January 21st. Three equities research analysts have rated the stock with a hold rating and three have given a buy rating to the company’s stock. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average target price of $24.53.

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.