ZTO Express (Cayman) Inc. (NYSE:ZTO) Position Lessened by Bellecapital International Ltd.

Bellecapital International Ltd. reduced its stake in shares of ZTO Express (Cayman) Inc. (NYSE:ZTO) by 11.1% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 10,957 shares of the transportation company’s stock after selling 1,373 shares during the quarter. Bellecapital International Ltd.’s holdings in ZTO Express (Cayman) were worth $271,000 at the end of the most recent quarter.

Other large investors have also recently added to or reduced their stakes in the company. EntryPoint Capital LLC bought a new position in shares of ZTO Express (Cayman) during the first quarter worth about $43,000. First Horizon Advisors Inc. bought a new position in ZTO Express (Cayman) in the 2nd quarter worth about $45,000. Blue Trust Inc. grew its position in ZTO Express (Cayman) by 210.0% in the 3rd quarter. Blue Trust Inc. now owns 2,303 shares of the transportation company’s stock worth $57,000 after purchasing an additional 1,560 shares during the last quarter. Mendota Financial Group LLC acquired a new stake in shares of ZTO Express (Cayman) in the second quarter valued at approximately $167,000. Finally, O Shaughnessy Asset Management LLC bought a new stake in shares of ZTO Express (Cayman) during the first quarter valued at approximately $230,000. 41.65% of the stock is owned by institutional investors and hedge funds.

ZTO Express (Cayman) Price Performance

Shares of ZTO traded down $0.29 during midday trading on Monday, reaching $24.88. The stock had a trading volume of 201,376 shares, compared to its average volume of 3,527,157. The company has a debt-to-equity ratio of 0.12, a current ratio of 1.26 and a quick ratio of 1.26. The company has a market capitalization of $15.10 billion, a P/E ratio of 17.73, a P/E/G ratio of 1.18 and a beta of -0.10. The firm’s 50 day moving average price is $22.74 and its 200-day moving average price is $21.75. ZTO Express has a 52 week low of $15.90 and a 52 week high of $27.50.

ZTO Express (Cayman) (NYSE:ZTO) last announced its quarterly earnings data on Tuesday, August 20th. The transportation company reported $0.47 earnings per share (EPS) for the quarter. ZTO Express (Cayman) had a net margin of 21.22% and a return on equity of 15.51%. The company had revenue of $1.48 billion for the quarter. On average, analysts forecast that ZTO Express will post 1.69 earnings per share for the current fiscal year.

ZTO Express (Cayman) Announces Dividend

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

Analyst Upgrades and Downgrades

Separately, Macquarie cut ZTO Express (Cayman) from an “outperform” rating to a “neutral” rating and set a $21.20 target price on the stock. in a research report on Wednesday, June 26th. Two equities research analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus price target of $27.03.

ZTO Express (Cayman) Profile

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.