Lester Murray Antman dba SimplyRich Has $225,000 Holdings in ZTO Express (Cayman) Inc. (NYSE:ZTO)

Lester Murray Antman dba SimplyRich grew its holdings in ZTO Express (Cayman) Inc. (NYSE:ZTO) by 13.0% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 11,518 shares of the transportation company’s stock after buying an additional 1,325 shares during the period. Lester Murray Antman dba SimplyRich’s holdings in ZTO Express (Cayman) were worth $225,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently made changes to their positions in the business. Point72 DIFC Ltd bought a new stake in ZTO Express (Cayman) in the 3rd quarter valued at $26,000. Van ECK Associates Corp increased its holdings in shares of ZTO Express (Cayman) by 60.8% in the third quarter. Van ECK Associates Corp now owns 1,825 shares of the transportation company’s stock valued at $46,000 after purchasing an additional 690 shares during the last quarter. Point72 Asia Singapore Pte. Ltd. bought a new position in shares of ZTO Express (Cayman) in the third quarter valued at about $46,000. Blue Trust Inc. lifted its stake in shares of ZTO Express (Cayman) by 210.0% during the 3rd quarter. Blue Trust Inc. now owns 2,303 shares of the transportation company’s stock worth $57,000 after buying an additional 1,560 shares during the last quarter. Finally, Confluence Investment Management LLC boosted its holdings in shares of ZTO Express (Cayman) by 14.8% during the 4th quarter. Confluence Investment Management LLC now owns 10,282 shares of the transportation company’s stock worth $201,000 after buying an additional 1,326 shares during the period. 41.65% of the stock is currently owned by institutional investors.

ZTO Express (Cayman) Price Performance

ZTO Express (Cayman) stock opened at $18.91 on Wednesday. The firm has a market cap of $11.42 billion, a PE ratio of 13.04, a price-to-earnings-growth ratio of 0.96 and a beta of -0.16. The stock’s fifty day moving average price is $19.07 and its two-hundred day moving average price is $20.96. ZTO Express has a one year low of $17.15 and a one year high of $27.50.

Wall Street Analysts Forecast Growth

Several equities research analysts have issued reports on ZTO shares. HSBC downgraded shares of ZTO Express (Cayman) from a “buy” rating to a “hold” rating and cut their price objective for the stock from $28.00 to $20.00 in a research report on Tuesday, January 21st. JPMorgan Chase & Co. assumed coverage on ZTO Express (Cayman) in a research note on Wednesday, October 30th. They issued an “overweight” rating and a $30.00 price target for the company. StockNews.com raised ZTO Express (Cayman) from a “hold” rating to a “buy” rating in a report on Tuesday, January 14th. Finally, Hsbc Global Res downgraded ZTO Express (Cayman) from a “strong-buy” rating to a “hold” rating in a report on Tuesday, January 21st. Three investment analysts have rated the stock with a hold rating and three have given a buy rating to the company’s stock. Based on data from MarketBeat.com, the stock 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.