ZTO Express (Cayman) Inc. (NYSE:ZTO) Shares Sold by Green Court Capital Management Ltd

Green Court Capital Management Ltd reduced its position in shares of ZTO Express (Cayman) Inc. (NYSE:ZTO) by 38.6% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 5,105,850 shares of the transportation company’s stock after selling 3,210,434 shares during the period. ZTO Express (Cayman) makes up about 66.0% of Green Court Capital Management Ltd’s portfolio, making the stock its biggest holding. Green Court Capital Management Ltd owned approximately 0.85% of ZTO Express (Cayman) worth $99,819,000 at the end of the most recent reporting period.

Other hedge funds have also added to or reduced their stakes in the company. Pzena Investment Management LLC increased its stake in ZTO Express (Cayman) by 18.1% during the 3rd quarter. Pzena Investment Management LLC now owns 7,039,599 shares of the transportation company’s stock worth $174,371,000 after acquiring an additional 1,079,327 shares during the period. Fisher Asset Management LLC increased its stake in ZTO Express (Cayman) by 10.0% during the 3rd quarter. Fisher Asset Management LLC now owns 3,484,318 shares of the transportation company’s stock worth $86,307,000 after acquiring an additional 317,450 shares during the period. Hhlr Advisors LTD. increased its stake in ZTO Express (Cayman) by 8,172.7% during the 3rd quarter. Hhlr Advisors LTD. now owns 3,003,008 shares of the transportation company’s stock worth $74,385,000 after acquiring an additional 2,966,708 shares during the period. Todd Asset Management LLC increased its stake in ZTO Express (Cayman) by 36.5% during the 4th quarter. Todd Asset Management LLC now owns 1,345,583 shares of the transportation company’s stock worth $26,306,000 after acquiring an additional 359,578 shares during the period. Finally, Healthcare of Ontario Pension Plan Trust Fund bought a new position in ZTO Express (Cayman) during the 3rd quarter worth $29,350,000. 41.65% of the stock is owned by institutional investors and hedge funds.

ZTO Express (Cayman) Stock Performance

Shares of ZTO opened at $19.39 on Friday. ZTO Express has a 52-week low of $17.89 and a 52-week high of $27.50. The business’s fifty day moving average is $19.26 and its 200-day moving average is $21.00. The firm has a market cap of $11.71 billion, a price-to-earnings ratio of 13.37, a PEG ratio of 1.03 and a beta of -0.16.

Analyst Ratings Changes

A number of research firms have commented on ZTO. StockNews.com upgraded ZTO Express (Cayman) from a “hold” rating to a “buy” rating in a research note on Tuesday, January 14th. Hsbc Global Res lowered ZTO Express (Cayman) from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, January 21st. Finally, HSBC lowered ZTO Express (Cayman) from a “buy” rating to a “hold” rating and decreased their price target for the company from $28.00 to $20.00 in a research note on Tuesday, January 21st. Three analysts have rated the stock with a hold rating and three have issued a buy rating to the company’s stock. Based on data from MarketBeat.com, ZTO Express (Cayman) currently has an average rating of “Moderate Buy” and a consensus target price of $24.53.

ZTO Express (Cayman) Company 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.