Alberta Investment Management Corp Sells 40,100 Shares of ZTO Express (Cayman) Inc. $ZTO

Alberta Investment Management Corp trimmed its position in ZTO Express (Cayman) Inc. (NYSE:ZTO) by 69.0% in the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 18,000 shares of the transportation company’s stock after selling 40,100 shares during the quarter. Alberta Investment Management Corp’s holdings in ZTO Express (Cayman) were worth $346,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Royal Bank of Canada lifted its stake in ZTO Express (Cayman) by 22.9% in the first quarter. Royal Bank of Canada now owns 175,128 shares of the transportation company’s stock valued at $3,475,000 after buying an additional 32,663 shares during the period. Integrated Wealth Concepts LLC bought a new position in ZTO Express (Cayman) during the first quarter worth about $421,000. Vanguard Personalized Indexing Management LLC grew its stake in ZTO Express (Cayman) by 96.7% in the second quarter. Vanguard Personalized Indexing Management LLC now owns 21,223 shares of the transportation company’s stock valued at $377,000 after acquiring an additional 10,436 shares during the period. Sequoia Financial Advisors LLC bought a new stake in shares of ZTO Express (Cayman) in the second quarter worth about $289,000. Finally, Hantz Financial Services Inc. grew its position in shares of ZTO Express (Cayman) by 986.2% in the 2nd quarter. Hantz Financial Services Inc. now owns 3,856 shares of the transportation company’s stock valued at $68,000 after purchasing an additional 3,501 shares during the period. 41.65% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

Several research analysts have recently weighed in on ZTO shares. Macquarie Infrastructure raised ZTO Express (Cayman) from a “hold” rating to a “strong-buy” rating in a research report on Sunday, February 8th. Zacks Research downgraded ZTO Express (Cayman) from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, January 7th. Weiss Ratings restated a “hold (c)” rating on shares of ZTO Express (Cayman) in a research report on Monday, December 29th. Finally, Wall Street Zen upgraded shares of ZTO Express (Cayman) from a “hold” rating to a “buy” rating in a report on Saturday, February 7th. One investment analyst has rated the stock with a Strong Buy rating, three have issued a Buy rating and three have given a Hold rating to the company. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $22.36.

ZTO Express (Cayman) Trading Up 0.6%

NYSE ZTO opened at $25.46 on Friday. The stock has a fifty day simple moving average of $22.36 and a 200-day simple moving average of $20.41. The stock has a market cap of $15.01 billion, a PE ratio of 16.86, a P/E/G ratio of 4.78 and a beta of -0.18. ZTO Express has a twelve month low of $16.34 and a twelve month high of $25.52.

ZTO Express (Cayman) (NYSE:ZTO) last issued its quarterly earnings results on Thursday, November 20th. The transportation company reported $0.43 earnings per share for the quarter, missing analysts’ consensus estimates of $2.51 by ($2.08). ZTO Express (Cayman) had a return on equity of 14.33% and a net margin of 18.61%.The company’s quarterly revenue was up 11.1% compared to the same quarter last year. During the same quarter last year, the firm posted $2.90 EPS. Research analysts predict that ZTO Express will post 1.57 EPS for the current year.

ZTO Express (Cayman) 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.