Aurora Investment Counsel Boosts Stake in ZTO Express (Cayman) Inc. (NYSE:ZTO)

Aurora Investment Counsel grew its holdings in shares of ZTO Express (Cayman) Inc. (NYSE:ZTO) by 8.6% in the 3rd quarter, according to its most recent disclosure with the SEC. The fund owned 129,292 shares of the transportation company’s stock after acquiring an additional 10,189 shares during the period. ZTO Express (Cayman) comprises 1.7% of Aurora Investment Counsel’s holdings, making the stock its 2nd largest holding. Aurora Investment Counsel’s holdings in ZTO Express (Cayman) were worth $3,203,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Capital Research Global Investors increased its position in shares of ZTO Express (Cayman) by 2.5% during the first quarter. Capital Research Global Investors now owns 8,038,533 shares of the transportation company’s stock worth $168,327,000 after acquiring an additional 199,464 shares in the last quarter. Pzena Investment Management LLC raised its position in ZTO Express (Cayman) by 18.1% in the third 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. Canada Pension Plan Investment Board grew its holdings in ZTO Express (Cayman) by 119.9% during the first quarter. Canada Pension Plan Investment Board now owns 2,848,182 shares of the transportation company’s stock valued at $59,641,000 after purchasing an additional 1,552,885 shares during the period. Dimensional Fund Advisors LP raised its stake in ZTO Express (Cayman) by 2.4% in the 2nd quarter. Dimensional Fund Advisors LP now owns 1,714,763 shares of the transportation company’s stock valued at $35,594,000 after acquiring an additional 40,449 shares during the period. Finally, Hsbc Holdings PLC boosted its holdings in shares of ZTO Express (Cayman) by 8.3% in the second quarter. Hsbc Holdings PLC now owns 1,379,748 shares of the transportation company’s stock worth $28,624,000 after acquiring an additional 105,280 shares during the period. 41.65% of the stock is owned by institutional investors and hedge funds.

ZTO Express (Cayman) Trading Down 4.9 %

ZTO Express (Cayman) stock opened at $20.00 on Thursday. The company has a current ratio of 1.26, a quick ratio of 1.26 and a debt-to-equity ratio of 0.12. ZTO Express has a 12-month low of $15.90 and a 12-month high of $27.50. The firm has a 50 day moving average of $23.57 and a 200 day moving average of $22.08. The firm has a market capitalization of $12.08 billion, a price-to-earnings ratio of 13.79, a P/E/G ratio of 1.00 and a beta of -0.09.

ZTO Express (Cayman) (NYSE:ZTO) last posted its earnings results on Tuesday, August 20th. The transportation company reported $0.47 EPS for the quarter. ZTO Express (Cayman) had a return on equity of 15.62% and a net margin of 20.56%. The company had revenue of $1.48 billion for the quarter. As a group, research analysts predict that ZTO Express will post 1.66 earnings per share for the current year.

Analysts Set New Price Targets

Separately, JPMorgan Chase & Co. began coverage on shares of ZTO Express (Cayman) in a report on Wednesday, October 30th. They set an “overweight” rating and a $30.00 price objective for the company. Two equities research analysts have rated the stock with a hold rating and three have assigned a buy rating to the company’s stock. According to data from MarketBeat, ZTO Express (Cayman) has an average rating of “Moderate Buy” and an average target price of $27.03.

ZTO Express (Cayman) 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.