10,242 Shares in ZIM Integrated Shipping Services Ltd. (NYSE:ZIM) Acquired by WINTON GROUP Ltd

WINTON GROUP Ltd purchased a new stake in shares of ZIM Integrated Shipping Services Ltd. (NYSE:ZIM) during the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm purchased 10,242 shares of the company’s stock, valued at approximately $220,000.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Sunbelt Securities Inc. bought a new stake in ZIM Integrated Shipping Services during the third quarter worth approximately $71,000. R Squared Ltd bought a new position in shares of ZIM Integrated Shipping Services during the 4th quarter valued at approximately $88,000. Mark Sheptoff Financial Planning LLC increased its position in shares of ZIM Integrated Shipping Services by 26.5% during the 4th quarter. Mark Sheptoff Financial Planning LLC now owns 4,300 shares of the company’s stock valued at $92,000 after purchasing an additional 900 shares during the last quarter. HighTower Advisors LLC purchased a new stake in ZIM Integrated Shipping Services during the 3rd quarter valued at $263,000. Finally, Copperwynd Financial LLC bought a new stake in ZIM Integrated Shipping Services in the fourth quarter worth $301,000. Institutional investors own 21.42% of the company’s stock.

ZIM Integrated Shipping Services Price Performance

Shares of ZIM stock opened at $14.60 on Tuesday. The company’s 50-day simple moving average is $18.63 and its two-hundred day simple moving average is $20.53. The company has a debt-to-equity ratio of 1.11, a current ratio of 1.33 and a quick ratio of 1.26. ZIM Integrated Shipping Services Ltd. has a one year low of $9.75 and a one year high of $30.15. The company has a market capitalization of $1.76 billion, a P/E ratio of 1.22, a P/E/G ratio of 0.27 and a beta of 1.70.

ZIM Integrated Shipping Services (NYSE:ZIM) last released its quarterly earnings data on Wednesday, March 12th. The company reported $4.66 EPS for the quarter, topping the consensus estimate of $3.47 by $1.19. The company had revenue of $2.17 billion for the quarter, compared to the consensus estimate of $1.99 billion. ZIM Integrated Shipping Services had a return on equity of 48.63% and a net margin of 19.26%. As a group, equities analysts anticipate that ZIM Integrated Shipping Services Ltd. will post 16.75 EPS for the current year.

ZIM Integrated Shipping Services Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, April 3rd. Investors of record on Monday, March 24th will be paid a $3.17 dividend. The ex-dividend date is Monday, March 24th. This is a positive change from ZIM Integrated Shipping Services’s previous quarterly dividend of $2.81. This represents a $12.68 dividend on an annualized basis and a yield of 86.88%. ZIM Integrated Shipping Services’s dividend payout ratio is 6.51%.

Analyst Ratings Changes

A number of equities analysts recently commented on ZIM shares. JPMorgan Chase & Co. dropped their price target on shares of ZIM Integrated Shipping Services from $10.00 to $9.50 and set an “underweight” rating for the company in a research note on Friday, March 7th. Jefferies Financial Group reaffirmed a “hold” rating and set a $18.00 target price on shares of ZIM Integrated Shipping Services in a research note on Wednesday, March 12th. Finally, Barclays reduced their price target on ZIM Integrated Shipping Services from $16.00 to $13.50 and set an “underweight” rating on the stock in a report on Monday, March 17th. Five equities research analysts have rated the stock with a sell rating, one has given a hold rating and one has given a strong buy rating to the stock. According to data from MarketBeat, ZIM Integrated Shipping Services presently has an average rating of “Hold” and an average price target of $13.54.

ZIM Integrated Shipping Services Company Profile

ZIM Integrated Shipping Services Ltd., together with its subsidiaries, provides container shipping and related services in Israel and internationally. It provides door-to-door and port-to-port transportation services for various types of customers, including end-users, consolidators, and freight forwarders.