Todd Asset Management LLC Has $27.65 Million Holdings in ZTO Express (Cayman) Inc. $ZTO

Todd Asset Management LLC boosted its position in shares of ZTO Express (Cayman) Inc. (NYSE:ZTO) by 6.3% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 1,439,998 shares of the transportation company’s stock after purchasing an additional 85,545 shares during the period. Todd Asset Management LLC owned about 0.24% of ZTO Express (Cayman) worth $27,648,000 at the end of the most recent reporting period.

Other institutional investors also recently modified their holdings of the company. Smartleaf Asset Management LLC grew its holdings in shares of ZTO Express (Cayman) by 61.4% during the second quarter. Smartleaf Asset Management LLC now owns 2,021 shares of the transportation company’s stock worth $36,000 after buying an additional 769 shares in the last quarter. First Horizon Corp bought a new position in shares of ZTO Express (Cayman) during the 3rd quarter worth approximately $40,000. CWM LLC raised its holdings in shares of ZTO Express (Cayman) by 42.2% in the third quarter. CWM LLC now owns 2,341 shares of the transportation company’s stock valued at $45,000 after purchasing an additional 695 shares during the last quarter. EverSource Wealth Advisors LLC boosted its holdings in ZTO Express (Cayman) by 156.2% during the second quarter. EverSource Wealth Advisors LLC now owns 3,489 shares of the transportation company’s stock worth $62,000 after purchasing an additional 2,127 shares during the last quarter. Finally, Hantz Financial Services Inc. grew its position in ZTO Express (Cayman) by 986.2% in the second 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 in the last quarter. 41.65% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

Several equities research analysts have commented on ZTO shares. Macquarie Capit raised shares of ZTO Express (Cayman) from a “hold” rating to a “strong-buy” rating in a research report on Sunday, February 8th. Weiss Ratings reiterated a “hold (c)” rating on shares of ZTO Express (Cayman) in a report on Monday, December 29th. Zacks Research cut ZTO Express (Cayman) from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, January 7th. Finally, Wall Street Zen raised ZTO Express (Cayman) from a “hold” rating to a “buy” rating in a research 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 issued a Hold rating to the stock. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average price target of $22.36.

ZTO Express (Cayman) Stock Up 0.7%

Shares of NYSE ZTO opened at $24.63 on Monday. The business’s 50 day moving average price is $22.03 and its two-hundred day moving average price is $20.27. The company has a market cap of $14.52 billion, a PE ratio of 16.31, a price-to-earnings-growth ratio of 4.65 and a beta of -0.18. ZTO Express has a twelve month low of $16.34 and a twelve month high of $25.02.

ZTO Express (Cayman) (NYSE:ZTO) last issued its earnings results on Thursday, November 20th. The transportation company reported $0.43 EPS for the quarter, missing the consensus estimate of $2.51 by ($2.08). ZTO Express (Cayman) had a return on equity of 14.33% and a net margin of 18.61%.During the same period in the prior year, the company earned $2.90 EPS. The company’s revenue was up 11.1% on a year-over-year basis. As a group, research analysts anticipate that ZTO Express will post 1.57 EPS for the current fiscal 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.