ZTO Express (Cayman) Inc. $ZTO Shares Bought by BNP Paribas Financial Markets

BNP Paribas Financial Markets grew its stake in shares of ZTO Express (Cayman) Inc. (NYSE:ZTO) by 30.1% in the fourth quarter, according to its most recent filing with the SEC. The fund owned 768,626 shares of the transportation company’s stock after acquiring an additional 177,866 shares during the period. BNP Paribas Financial Markets’ holdings in ZTO Express (Cayman) were worth $16,057,000 at the end of the most recent reporting period.

Other large investors also recently added to or reduced their stakes in the company. Signaturefd LLC lifted its holdings in shares of ZTO Express (Cayman) by 22.5% in the fourth quarter. Signaturefd LLC now owns 2,693 shares of the transportation company’s stock valued at $56,000 after purchasing an additional 494 shares in the last quarter. Ethic Inc. lifted its holdings in shares of ZTO Express (Cayman) by 3.7% in the fourth quarter. Ethic Inc. now owns 15,943 shares of the transportation company’s stock valued at $333,000 after purchasing an additional 569 shares in the last quarter. Smartleaf Asset Management LLC lifted its holdings in shares of ZTO Express (Cayman) by 61.4% in the second quarter. Smartleaf Asset Management LLC now owns 2,021 shares of the transportation company’s stock valued at $36,000 after purchasing an additional 769 shares in the last quarter. Orion Porfolio Solutions LLC lifted its holdings in shares of ZTO Express (Cayman) by 7.8% in the third quarter. Orion Porfolio Solutions LLC now owns 14,617 shares of the transportation company’s stock valued at $281,000 after purchasing an additional 1,053 shares in the last quarter. Finally, Captrust Financial Advisors lifted its holdings in shares of ZTO Express (Cayman) by 3.8% in the second quarter. Captrust Financial Advisors now owns 32,424 shares of the transportation company’s stock valued at $576,000 after purchasing an additional 1,177 shares in the last quarter. 41.65% of the stock is owned by institutional investors and hedge funds.

ZTO Express (Cayman) Trading Down 1.1%

NYSE ZTO opened at $22.27 on Friday. ZTO Express has a 1-year low of $17.03 and a 1-year high of $26.20. The company has a current ratio of 1.64, a quick ratio of 1.64 and a debt-to-equity ratio of 0.16. The company has a market capitalization of $12.55 billion, a PE ratio of 13.66, a price-to-earnings-growth ratio of 0.87 and a beta of -0.22. The firm’s fifty day simple moving average is $24.32 and its 200-day simple moving average is $23.07.

ZTO Express (Cayman) (NYSE:ZTO) last posted 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 net margin of 17.87% and a return on equity of 14.23%. The business had revenue of $2.07 billion for the quarter. As a group, sell-side analysts anticipate that ZTO Express will post 1.89 earnings per share for the current fiscal year.

ZTO Express (Cayman) Dividend Announcement

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

Analysts Set New Price Targets

A number of analysts have recently issued reports on ZTO shares. JPMorgan Chase & Co. increased their target price on ZTO Express (Cayman) from $25.00 to $29.00 and gave the company an “overweight” rating in a report on Monday, April 13th. Wall Street Zen upgraded ZTO Express (Cayman) from a “hold” rating to a “buy” rating in a report on Saturday, April 11th. Weiss Ratings lowered 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 report on Sunday, February 8th. Finally, Morgan Stanley restated an “overweight” rating and issued a $30.10 target price on shares of ZTO Express (Cayman) in a report on Wednesday, May 20th. One equities research analyst has rated the stock with a Strong Buy rating, two have given a Buy rating and three have assigned a Hold rating to the company. According to MarketBeat.com, ZTO Express (Cayman) currently has a consensus rating of “Moderate Buy” and a consensus price target of $27.03.

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.