SG Americas Securities LLC Trims Holdings in ZTO Express (Cayman) Inc. $ZTO

SG Americas Securities LLC reduced its stake in ZTO Express (Cayman) Inc. (NYSE:ZTO) by 14.1% during the 4th quarter, according to the company in its most recent filing with the SEC. The fund owned 332,373 shares of the transportation company’s stock after selling 54,342 shares during the quarter. SG Americas Securities LLC’s holdings in ZTO Express (Cayman) were worth $6,943,000 at the end of the most recent reporting period.

Several other institutional investors have also recently added to or reduced their stakes in ZTO. Legacy Wealth Asset Management LLC raised its position in ZTO Express (Cayman) by 0.5% in the third quarter. Legacy Wealth Asset Management LLC now owns 137,761 shares of the transportation company’s stock valued at $2,645,000 after purchasing an additional 686 shares during the period. CWM LLC boosted 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 worth $45,000 after buying an additional 695 shares during the period. U S Global Investors Inc. grew its stake in shares of ZTO Express (Cayman) by 5.1% in the third quarter. U S Global Investors Inc. now owns 14,764 shares of the transportation company’s stock valued at $283,000 after buying an additional 716 shares in the last quarter. Smartleaf Asset Management LLC grew its stake in shares of ZTO Express (Cayman) by 61.4% in the second quarter. Smartleaf Asset Management LLC now owns 2,021 shares of the transportation company’s stock valued at $36,000 after buying an additional 769 shares in the last quarter. Finally, Orion Porfolio Solutions LLC raised its holdings in shares of ZTO Express (Cayman) by 7.8% in the 3rd quarter. Orion Porfolio Solutions LLC now owns 14,617 shares of the transportation company’s stock valued at $281,000 after buying an additional 1,053 shares during the period. Institutional investors and hedge funds own 41.65% of the company’s stock.

ZTO Express (Cayman) Trading Up 3.4%

ZTO Express (Cayman) stock opened at $25.14 on Wednesday. The firm has a market capitalization of $14.17 billion, a P/E ratio of 15.91, a P/E/G ratio of 1.24 and a beta of -0.20. ZTO Express has a twelve month low of $16.34 and a twelve month high of $26.20. The stock’s fifty day simple moving average is $23.82 and its 200-day simple moving average is $21.38.

ZTO Express (Cayman) (NYSE:ZTO) last released its earnings results on Saturday, February 14th. The transportation company reported $0.47 earnings per share (EPS) for the quarter. ZTO Express (Cayman) had a return on equity of 14.05% and a net margin of 18.50%.The firm had revenue of $2.07 billion during the quarter. Sell-side analysts predict that ZTO Express will post 1.57 earnings per share for the current year.

ZTO Express (Cayman) Dividend Announcement

The business also recently disclosed a dividend, which will be paid on Wednesday, April 29th. Stockholders of record on Wednesday, April 8th will be paid a $0.39 dividend. This represents a dividend yield of 305.0%. The ex-dividend date is Wednesday, April 8th. ZTO Express (Cayman)’s dividend payout ratio (DPR) is presently 36.71%.

Analyst Ratings Changes

Several equities analysts recently issued reports on the company. Weiss Ratings reissued a “hold (c)” rating on shares of ZTO Express (Cayman) in a research note on Friday. Macquarie Infrastructure upgraded shares of ZTO Express (Cayman) from a “hold” rating to a “strong-buy” rating in a research note on Sunday, February 8th. Zacks Research cut shares of ZTO Express (Cayman) from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, January 7th. Finally, Wall Street Zen lowered shares of ZTO Express (Cayman) from a “buy” rating to a “hold” rating in a research note on Saturday, February 21st. One analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating and three have issued a Hold rating to the company’s stock. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus target price 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.