Aurora Investment Counsel Acquires 7,608 Shares of ZTO Express (Cayman) Inc. (NYSE:ZTO)

Aurora Investment Counsel raised its holdings in shares of ZTO Express (Cayman) Inc. (NYSE:ZTO) by 5.9% in the 4th quarter, according to its most recent 13F filing with the SEC. The fund owned 136,900 shares of the transportation company’s stock after acquiring an additional 7,608 shares during the period. ZTO Express (Cayman) makes up 1.5% of Aurora Investment Counsel’s holdings, making the stock its 11th largest position. Aurora Investment Counsel’s holdings in ZTO Express (Cayman) were worth $2,676,000 as of its most recent SEC filing.

A number of other large investors also recently made changes to their positions in ZTO. Point72 DIFC Ltd bought a new stake in ZTO Express (Cayman) in the third quarter valued at about $26,000. Van ECK Associates Corp increased its stake in shares of ZTO Express (Cayman) by 60.8% in the 3rd quarter. Van ECK Associates Corp now owns 1,825 shares of the transportation company’s stock valued at $46,000 after acquiring an additional 690 shares during the last quarter. Point72 Asia Singapore Pte. Ltd. acquired a new stake in shares of ZTO Express (Cayman) in the 3rd quarter valued at approximately $46,000. Blue Trust Inc. boosted its stake in ZTO Express (Cayman) by 119.8% during the 4th quarter. Blue Trust Inc. now owns 5,061 shares of the transportation company’s stock worth $99,000 after acquiring an additional 2,758 shares during the last quarter. Finally, Confluence Investment Management LLC grew its holdings in ZTO Express (Cayman) by 14.8% during the fourth quarter. Confluence Investment Management LLC now owns 10,282 shares of the transportation company’s stock valued at $201,000 after purchasing an additional 1,326 shares during the period. Institutional investors and hedge funds own 41.65% of the company’s stock.

ZTO Express (Cayman) Stock Up 1.2 %

NYSE:ZTO opened at $19.42 on Friday. ZTO Express has a twelve month low of $17.89 and a twelve month high of $27.50. The firm has a market capitalization of $11.73 billion, a price-to-earnings ratio of 13.39, a price-to-earnings-growth ratio of 1.03 and a beta of -0.13. The stock’s 50 day moving average price is $19.33 and its two-hundred day moving average price is $20.99.

Wall Street Analyst Weigh In

Several research firms have weighed in on ZTO. HSBC lowered shares of ZTO Express (Cayman) from a “buy” rating to a “hold” rating and cut their target price for the stock from $28.00 to $20.00 in a report on Tuesday, January 21st. Hsbc Global Res downgraded ZTO Express (Cayman) from a “strong-buy” rating to a “hold” rating in a report on Tuesday, January 21st. Finally, StockNews.com upgraded ZTO Express (Cayman) from a “hold” rating to a “buy” rating in a report on Tuesday, January 14th. Three equities research analysts have rated the stock with a hold rating and three have given a buy rating to the company. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target 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.