Teachers Retirement System of The State of Kentucky Sells 13,200 Shares of ZTO Express (Cayman) Inc. (NYSE:ZTO)

Teachers Retirement System of The State of Kentucky lowered its holdings in shares of ZTO Express (Cayman) Inc. (NYSE:ZTO) by 2.7% in the 4th quarter, Holdings Channel.com reports. The firm owned 466,970 shares of the transportation company’s stock after selling 13,200 shares during the quarter. Teachers Retirement System of The State of Kentucky’s holdings in ZTO Express (Cayman) were worth $9,937,000 at the end of the most recent reporting period.

Several other institutional investors have also bought and sold shares of ZTO. FMR LLC lifted its position in ZTO Express (Cayman) by 2,862.2% during the third quarter. FMR LLC now owns 7,435,471 shares of the transportation company’s stock valued at $179,715,000 after purchasing an additional 7,184,463 shares during the last quarter. Aspex Management HK Ltd bought a new position in ZTO Express (Cayman) during the fourth quarter valued at $77,857,000. Schroder Investment Management Group lifted its position in ZTO Express (Cayman) by 68.4% during the third quarter. Schroder Investment Management Group now owns 8,260,456 shares of the transportation company’s stock valued at $199,655,000 after purchasing an additional 3,353,753 shares during the last quarter. UBS Group AG lifted its position in ZTO Express (Cayman) by 250.0% during the fourth quarter. UBS Group AG now owns 4,190,658 shares of the transportation company’s stock valued at $89,177,000 after purchasing an additional 2,993,195 shares during the last quarter. Finally, Green Court Capital Management Ltd lifted its position in ZTO Express (Cayman) by 19.1% during the fourth quarter. Green Court Capital Management Ltd now owns 10,014,230 shares of the transportation company’s stock valued at $213,103,000 after purchasing an additional 1,607,986 shares during the last quarter. Institutional investors own 41.65% of the company’s stock.

Analysts Set New Price Targets

Several equities analysts have commented on the stock. HSBC lowered their price objective on shares of ZTO Express (Cayman) from $32.00 to $30.00 and set a “buy” rating for the company in a research report on Thursday, March 21st. JPMorgan Chase & Co. lowered their target price on shares of ZTO Express (Cayman) from $37.00 to $30.00 and set an “overweight” rating for the company in a report on Thursday, March 21st. Finally, Bank of America upgraded shares of ZTO Express (Cayman) from a “neutral” rating to a “buy” rating and raised their target price for the stock from $22.00 to $29.00 in a report on Thursday, March 21st. One analyst has rated the stock with a hold rating and four have given a buy rating to the stock. Based on data from MarketBeat, ZTO Express (Cayman) presently has a consensus rating of “Moderate Buy” and an average price target of $30.00.

ZTO Express (Cayman) Trading Down 0.0 %

Shares of ZTO Express (Cayman) stock traded down $0.01 during trading on Friday, hitting $22.46. The stock had a trading volume of 2,115,525 shares, compared to its average volume of 3,244,898. The firm’s fifty day simple moving average is $22.01 and its 200-day simple moving average is $20.52. The stock has a market cap of $13.63 billion, a PE ratio of 15.82, a PEG ratio of 0.99 and a beta of -0.09. The company has a debt-to-equity ratio of 0.12, a current ratio of 1.15 and a quick ratio of 1.15. ZTO Express has a 12 month low of $15.90 and a 12 month high of $28.13.

ZTO Express (Cayman) (NYSE:ZTO) last posted its quarterly earnings results on Wednesday, May 15th. The transportation company reported $0.32 EPS for the quarter. The company had revenue of $1.38 billion for the quarter. ZTO Express (Cayman) had a net margin of 21.57% and a return on equity of 15.39%. As a group, sell-side analysts expect that ZTO Express will post 1.7 EPS for the current fiscal year.

ZTO Express (Cayman) Announces Dividend

The business also recently declared an annual dividend, which was paid on Monday, April 29th. Investors of record on Wednesday, April 10th were paid a $0.61 dividend. This represents a yield of 2.82%. The ex-dividend date of this dividend was Tuesday, April 9th. ZTO Express (Cayman)’s dividend payout ratio is presently 42.96%.

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.