ZTO Express (Cayman) Inc. (NYSE:ZTO) Shares Purchased by SG Americas Securities LLC

SG Americas Securities LLC raised its holdings in ZTO Express (Cayman) Inc. (NYSE:ZTO) by 2,787.7% in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 295,725 shares of the transportation company’s stock after buying an additional 285,484 shares during the period. SG Americas Securities LLC’s holdings in ZTO Express (Cayman) were worth $5,781,000 as of its most recent SEC filing.

Several other large investors also recently bought and sold shares of the stock. Connor Clark & Lunn Investment Management Ltd. purchased a new stake in shares of ZTO Express (Cayman) in the 3rd quarter valued at about $8,723,000. Fisher Asset Management LLC increased its position in shares of ZTO Express (Cayman) by 10.0% in the third quarter. Fisher Asset Management LLC now owns 3,484,318 shares of the transportation company’s stock valued at $86,307,000 after buying an additional 317,450 shares in the last quarter. Renaissance Technologies LLC increased its holdings in ZTO Express (Cayman) by 60.9% during the 2nd quarter. Renaissance Technologies LLC now owns 167,300 shares of the transportation company’s stock valued at $3,471,000 after acquiring an additional 63,300 shares in the last quarter. Public Sector Pension Investment Board raised its position in shares of ZTO Express (Cayman) by 17.7% during the 2nd quarter. Public Sector Pension Investment Board now owns 144,347 shares of the transportation company’s stock worth $2,995,000 after purchasing an additional 21,750 shares during the last quarter. Finally, Scientech Research LLC acquired a new stake in shares of ZTO Express (Cayman) during the second quarter valued at $927,000. Hedge funds and other institutional investors own 41.65% of the company’s stock.

ZTO Express (Cayman) Stock Up 1.1 %

Shares of ZTO stock opened at $18.67 on Friday. The company has a market cap of $11.28 billion, a PE ratio of 12.87, a price-to-earnings-growth ratio of 0.94 and a beta of -0.15. The business’s 50 day moving average is $19.25 and its two-hundred day moving average is $21.03. ZTO Express has a 12 month low of $15.90 and a 12 month high of $27.50.

Analyst Ratings Changes

ZTO has been the subject of several analyst reports. HSBC downgraded ZTO Express (Cayman) from a “buy” rating to a “hold” rating and cut their price target for the company from $28.00 to $20.00 in a report on Tuesday. Hsbc Global Res cut ZTO Express (Cayman) from a “strong-buy” rating to a “hold” rating in a research note on Tuesday. StockNews.com raised shares of ZTO Express (Cayman) from a “hold” rating to a “buy” rating in a research report on Tuesday, January 14th. Finally, JPMorgan Chase & Co. initiated coverage on shares of ZTO Express (Cayman) in a research note on Wednesday, October 30th. They set an “overweight” rating and a $30.00 price objective on the stock. Three investment analysts have rated the stock with a hold rating and three have issued a buy rating to the company’s stock. According to MarketBeat, ZTO Express (Cayman) currently has a consensus rating of “Moderate Buy” and an average price target of $24.53.

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.