Capitolis Liquid Global Markets LLC Makes New $25.67 Million Investment in ZTO Express (Cayman) Inc. $ZTO

Capitolis Liquid Global Markets LLC acquired a new stake in ZTO Express (Cayman) Inc. (NYSE:ZTO) in the 3rd quarter, according to the company in its most recent filing with the SEC. The firm acquired 1,337,100 shares of the transportation company’s stock, valued at approximately $25,672,000.

Other hedge funds have also recently modified their holdings of the company. Smartleaf Asset Management LLC boosted its stake in shares of ZTO Express (Cayman) by 61.4% in the 2nd 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 during the last quarter. First Horizon Corp bought a new position in shares of ZTO Express (Cayman) in the third quarter valued at approximately $40,000. CWM LLC increased its position in shares of ZTO Express (Cayman) by 42.2% during the third quarter. CWM LLC now owns 2,341 shares of the transportation company’s stock valued at $45,000 after acquiring an additional 695 shares during the last quarter. EverSource Wealth Advisors LLC lifted 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 acquiring an additional 2,127 shares during the period. Finally, Parallel Advisors LLC lifted its holdings in ZTO Express (Cayman) by 74.3% during the third quarter. Parallel Advisors LLC now owns 3,668 shares of the transportation company’s stock worth $70,000 after acquiring an additional 1,563 shares during the period. Institutional investors own 41.65% of the company’s stock.

ZTO Express (Cayman) Stock Up 2.3%

Shares of ZTO stock opened at $24.04 on Friday. The firm has a market cap of $14.17 billion, a P/E ratio of 15.92, a PEG ratio of 4.35 and a beta of -0.20. The company has a 50 day moving average of $23.21 and a 200-day moving average of $20.86. ZTO Express has a 12-month low of $16.34 and a 12-month high of $25.52.

Analyst Ratings Changes

Several research analysts have weighed in on ZTO shares. Weiss Ratings reissued a “hold (c)” rating on shares of ZTO Express (Cayman) in a research report on Monday, December 29th. Macquarie Infrastructure raised ZTO Express (Cayman) from a “hold” rating to a “strong-buy” rating in a research report on Sunday, February 8th. Zacks Research cut ZTO Express (Cayman) from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, January 7th. Finally, Wall Street Zen downgraded shares of ZTO Express (Cayman) from a “buy” rating to a “hold” rating in a report on Saturday, February 21st. One analyst has rated the stock with a Strong Buy rating, three have issued a Buy rating and three have given a Hold rating to the stock. Based on data from MarketBeat.com, ZTO Express (Cayman) currently has a consensus rating of “Moderate Buy” and an average price target of $22.36.

About ZTO Express (Cayman)

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.