ZTO Express (Cayman) Inc (NYSE:ZTO) Shares Sold by Bellecapital International Ltd.

Share on StockTwits

Bellecapital International Ltd. cut its position in shares of ZTO Express (Cayman) Inc (NYSE:ZTO) by 6.7% during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 44,995 shares of the transportation company’s stock after selling 3,250 shares during the quarter. Bellecapital International Ltd.’s holdings in ZTO Express (Cayman) were worth $860,000 as of its most recent SEC filing.

Several other institutional investors have also recently made changes to their positions in ZTO. Advisors Asset Management Inc. increased its holdings in shares of ZTO Express (Cayman) by 255.2% in the 1st quarter. Advisors Asset Management Inc. now owns 3,779 shares of the transportation company’s stock worth $69,000 after purchasing an additional 2,715 shares in the last quarter. Rehmann Capital Advisory Group grew its holdings in shares of ZTO Express (Cayman) by 1,819.4% in the first quarter. Rehmann Capital Advisory Group now owns 7,121 shares of the transportation company’s stock worth $130,000 after acquiring an additional 6,750 shares during the period. Quadrant Capital Group LLC bought a new stake in shares of ZTO Express (Cayman) in the first quarter worth $189,000. National Asset Management Inc. bought a new stake in shares of ZTO Express (Cayman) in the first quarter worth $190,000. Finally, Quantamental Technologies LLC bought a new stake in shares of ZTO Express (Cayman) in the first quarter worth $199,000. Hedge funds and other institutional investors own 38.94% of the company’s stock.

Shares of ZTO Express (Cayman) stock opened at $19.10 on Friday. The company has a quick ratio of 3.55, a current ratio of 3.55 and a debt-to-equity ratio of 0.02. The company has a market capitalization of $9.60 billion, a price-to-earnings ratio of 24.81 and a beta of 0.83. ZTO Express has a 52 week low of $14.69 and a 52 week high of $21.36. The stock’s 50-day simple moving average is $19.47 and its 200-day simple moving average is $18.99.

ZTO Express (Cayman) (NYSE:ZTO) last posted its earnings results on Wednesday, May 15th. The transportation company reported $0.18 EPS for the quarter, missing analysts’ consensus estimates of $0.19 by ($0.01). The firm had revenue of $4.57 billion during the quarter, compared to analysts’ expectations of $4.48 billion. ZTO Express (Cayman) had a return on equity of 13.28% and a net margin of 24.23%. ZTO Express (Cayman)’s quarterly revenue was up 29.0% on a year-over-year basis. During the same quarter in the prior year, the firm posted $0.78 earnings per share. On average, equities analysts expect that ZTO Express will post 0.88 earnings per share for the current year.

Several brokerages recently commented on ZTO. Zacks Investment Research lowered ZTO Express (Cayman) from a “hold” rating to a “sell” rating in a report on Monday, May 20th. TheStreet upgraded ZTO Express (Cayman) from a “c+” rating to a “b” rating in a research report on Thursday, May 16th. Finally, UBS Group upgraded ZTO Express (Cayman) from a “neutral” rating to a “buy” rating in a research report on Tuesday, April 23rd.

ZTO Express (Cayman) Profile

ZTO Express (Cayman) Inc provides express delivery and other value-added logistics services in the People's Republic of China. The company offers delivery services for e-commerce and traditional merchants, and other express service users. As of December 31, 2017, it operated a fleet of approximately 3,600 self-owned trucks.

Recommended Story: What is the strike price in options trading?

Institutional Ownership by Quarter for ZTO Express (Cayman) (NYSE:ZTO)

Receive News & Ratings for ZTO Express (Cayman) Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for ZTO Express (Cayman) and related companies with MarketBeat.com's FREE daily email newsletter.