ZTO Express (Cayman) Inc. (NYSE:ZTO) Shares Bought by Creative Planning

Creative Planning raised its position in shares of ZTO Express (Cayman) Inc. (NYSE:ZTO) by 54.4% in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 29,170 shares of the transportation company’s stock after acquiring an additional 10,275 shares during the quarter. Creative Planning’s holdings in ZTO Express (Cayman) were worth $605,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also made changes to their positions in ZTO. EntryPoint Capital LLC purchased a new position in ZTO Express (Cayman) in the 1st quarter valued at $43,000. First Horizon Advisors Inc. acquired a new position in ZTO Express (Cayman) during the second quarter worth about $45,000. Mendota Financial Group LLC purchased a new stake in ZTO Express (Cayman) during the 2nd quarter valued at about $167,000. O Shaughnessy Asset Management LLC acquired a new stake in ZTO Express (Cayman) in the 1st quarter valued at about $230,000. Finally, Los Angeles Capital Management LLC purchased a new position in ZTO Express (Cayman) in the 2nd quarter worth approximately $271,000. Hedge funds and other institutional investors own 41.65% of the company’s stock.

Wall Street Analyst Weigh In

Several equities research analysts recently commented on ZTO shares. Bank of America increased their price target on ZTO Express (Cayman) from $25.20 to $26.90 and gave the company a “buy” rating in a report on Monday, June 17th. Macquarie lowered ZTO Express (Cayman) from an “outperform” rating to a “neutral” rating and set a $21.20 price target on the stock. in a report on Wednesday, June 26th. Two investment analysts have rated the stock with a hold rating and three have issued a buy rating to the stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $27.03.

ZTO Express (Cayman) Price Performance

NYSE:ZTO opened at $25.99 on Monday. ZTO Express has a 52 week low of $15.90 and a 52 week high of $27.50. The stock’s fifty day moving average is $22.18 and its two-hundred day moving average is $21.61. The company has a market capitalization of $15.77 billion, a P/E ratio of 18.30, a P/E/G ratio of 1.20 and a beta of -0.10. The company has a quick ratio of 1.26, a current ratio of 1.26 and a debt-to-equity ratio of 0.12.

ZTO Express (Cayman) (NYSE:ZTO) last posted its earnings results on Tuesday, August 20th. The transportation company reported $0.47 EPS for the quarter. The company had revenue of $1.48 billion for the quarter. ZTO Express (Cayman) had a net margin of 21.22% and a return on equity of 15.51%. Equities analysts expect that ZTO Express will post 1.69 EPS for the current year.

ZTO Express (Cayman) Announces Dividend

The business also recently disclosed a Semi-Annual dividend, which will be paid on Thursday, October 17th. Investors of record on Tuesday, September 10th will be given a dividend of $0.35 per share. The ex-dividend date of this dividend is Tuesday, September 10th. This represents a dividend yield of 4.6%. ZTO Express (Cayman)’s payout ratio is currently 47.89%.

About ZTO Express (Cayman)

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.