ZTO Express (Cayman) Sees Unusually Large Options Volume (ZTO)

ZTO Express (Cayman) Inc (NYSE:ZTO) was the recipient of unusually large options trading activity on Friday. Traders acquired 4,763 call options on the company. This is an increase of 1,293% compared to the typical daily volume of 342 call options.

Shares of ZTO Express (NYSE:ZTO) opened at $16.49 on Monday. ZTO Express has a 12 month low of $11.14 and a 12 month high of $18.08. The company has a market cap of $8,364.12, a price-to-earnings ratio of 29.98 and a beta of 0.15.

ZTO Express (Cayman) (NYSE:ZTO) last posted its quarterly earnings data on Monday, November 20th. The transportation company reported $0.15 EPS for the quarter, meeting the Zacks’ consensus estimate of $0.15. ZTO Express (Cayman) had a net margin of 22.47% and a return on equity of 13.22%. equities analysts predict that ZTO Express will post 0.58 EPS for the current year.

A number of equities research analysts have weighed in on ZTO shares. Zacks Investment Research raised shares of ZTO Express (Cayman) from a “sell” rating to a “hold” rating in a report on Thursday, October 12th. UBS Group lowered shares of ZTO Express (Cayman) from a “buy” rating to a “neutral” rating in a report on Friday, November 24th. Finally, Daiwa Capital Markets started coverage on shares of ZTO Express (Cayman) in a research note on Thursday, November 2nd. They issued a “buy” rating and a $18.50 price objective on the stock. Three analysts have rated the stock with a sell rating, one has assigned a hold rating and three have issued a buy rating to the stock. The company has a consensus rating of “Hold” and a consensus target price of $16.08.

Several large investors have recently bought and sold shares of ZTO. Wells Fargo & Company MN boosted its stake in shares of ZTO Express (Cayman) by 7.4% in the 2nd quarter. Wells Fargo & Company MN now owns 13,199 shares of the transportation company’s stock valued at $184,000 after purchasing an additional 907 shares during the last quarter. Profund Advisors LLC bought a new stake in shares of ZTO Express (Cayman) in the 2nd quarter valued at $176,000. Citigroup Inc. boosted its stake in shares of ZTO Express (Cayman) by 218.4% in the 2nd quarter. Citigroup Inc. now owns 149,860 shares of the transportation company’s stock valued at $2,092,000 after purchasing an additional 102,798 shares during the last quarter. Northern Trust Corp boosted its stake in shares of ZTO Express (Cayman) by 2.0% in the 2nd quarter. Northern Trust Corp now owns 80,116 shares of the transportation company’s stock valued at $1,117,000 after purchasing an additional 1,603 shares during the last quarter. Finally, FMR LLC bought a new stake in shares of ZTO Express (Cayman) in the 2nd quarter valued at $170,000. 24.51% of the stock is currently owned by institutional investors.

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About ZTO Express (Cayman)

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.

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