Todd Asset Management LLC increased its position in ZTO Express (Cayman) Inc (NYSE:ZTO) by 139.2% during the third quarter, according to its most recent Form 13F filing with the SEC. The fund owned 773,425 shares of the transportation company’s stock after buying an additional 450,123 shares during the period. Todd Asset Management LLC owned 0.15% of ZTO Express (Cayman) worth $12,816,000 at the end of the most recent reporting period.

Other large investors have also recently added to or reduced their stakes in the company. Wells Fargo & Company MN grew its stake in ZTO Express (Cayman) by 99.9% during the 1st quarter. Wells Fargo & Company MN now owns 23,516 shares of the transportation company’s stock valued at $353,000 after acquiring an additional 11,752 shares in the last quarter. BlackRock Inc. grew its stake in shares of ZTO Express (Cayman) by 39.0% in the 1st quarter. BlackRock Inc. now owns 334,305 shares of the transportation company’s stock valued at $5,012,000 after buying an additional 93,855 shares during the period. Dimensional Fund Advisors LP purchased a new stake in shares of ZTO Express (Cayman) in the 1st quarter valued at approximately $1,881,000. Bank of Montreal Can grew its stake in shares of ZTO Express (Cayman) by 47.3% in the 2nd quarter. Bank of Montreal Can now owns 435,653 shares of the transportation company’s stock valued at $8,713,000 after buying an additional 139,840 shares during the period. Finally, Steward Partners Investment Advisory LLC purchased a new stake in shares of ZTO Express (Cayman) in the 2nd quarter valued at approximately $442,000. Hedge funds and other institutional investors own 32.69% of the company’s stock.

ZTO Express (Cayman) stock opened at $16.09 on Wednesday. ZTO Express has a 1-year low of $14.51 and a 1-year high of $22.67. The company has a market capitalization of $8.18 billion, a PE ratio of 23.32 and a beta of 0.28.

ZTO Express (Cayman) (NYSE:ZTO) last issued its quarterly earnings data on Wednesday, November 14th. The transportation company reported $0.20 EPS for the quarter, topping the consensus estimate of $0.18 by $0.02. ZTO Express (Cayman) had a net margin of 26.44% and a return on equity of 14.90%. The firm had revenue of $4.24 billion for the quarter, compared to analyst estimates of $4.28 billion. During the same period in the prior year, the business posted $1.00 EPS. The business’s revenue for the quarter was up 34.7% compared to the same quarter last year. As a group, sell-side analysts forecast that ZTO Express will post 0.77 earnings per share for the current year.

Several analysts have recently weighed in on the stock. TheStreet raised shares of ZTO Express (Cayman) from a “c” rating to a “b-” rating in a research note on Thursday, November 1st. JPMorgan Chase & Co. dropped their price target on shares of ZTO Express (Cayman) from $23.50 to $23.00 and set an “overweight” rating for the company in a research note on Friday, August 10th. ValuEngine cut shares of ZTO Express (Cayman) from a “buy” rating to a “hold” rating in a research note on Thursday, September 6th. Finally, Zacks Investment Research raised shares of ZTO Express (Cayman) from a “sell” rating to a “hold” rating in a research note on Thursday, August 9th. One research analyst has rated the stock with a sell rating, three have assigned a hold rating and one has assigned a buy rating to the stock. The company presently has a consensus rating of “Hold” and a consensus target price of $22.50.

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ZTO Express (Cayman) Profile

ZTO Express (Cayman) Inc provides express delivery and other value-added logistics services in the People's Republic of China. The company offers delivery services for e-commerce and traditional merchants, and other express service users. As of December 31, 2017, it operated a fleet of approximately 3,600 self-owned trucks.

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Institutional Ownership by Quarter for ZTO Express (Cayman) (NYSE:ZTO)

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