GSA Capital Partners LLP Purchases 16,588 Shares of ZTO Express (Cayman) Inc. (NYSE:ZTO)

GSA Capital Partners LLP increased its position in shares of ZTO Express (Cayman) Inc. (NYSE:ZTO) by 148.7% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 27,745 shares of the transportation company’s stock after acquiring an additional 16,588 shares during the quarter. GSA Capital Partners LLP’s holdings in ZTO Express (Cayman) were worth $687,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently bought and sold shares of ZTO. EntryPoint Capital LLC acquired a new position in shares of ZTO Express (Cayman) during the first quarter worth $43,000. First Horizon Advisors Inc. purchased a new position in ZTO Express (Cayman) during the 2nd quarter worth $45,000. Van ECK Associates Corp increased its position in ZTO Express (Cayman) by 60.8% during the 3rd quarter. Van ECK Associates Corp now owns 1,825 shares of the transportation company’s stock valued at $46,000 after buying an additional 690 shares in the last quarter. Blue Trust Inc. raised its stake in ZTO Express (Cayman) by 210.0% in the third quarter. Blue Trust Inc. now owns 2,303 shares of the transportation company’s stock valued at $57,000 after buying an additional 1,560 shares during the last quarter. Finally, Mendota Financial Group LLC acquired a new stake in ZTO Express (Cayman) in the second quarter worth about $167,000. Hedge funds and other institutional investors own 41.65% of the company’s stock.

Wall Street Analyst Weigh In

Separately, JPMorgan Chase & Co. started 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 on the stock. Two investment analysts have rated the stock with a hold rating and three have assigned a buy rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $27.03.

ZTO Express (Cayman) Price Performance

NYSE ZTO opened at $21.07 on Monday. The company has a market cap of $12.73 billion, a price-to-earnings ratio of 14.73, a PEG ratio of 1.00 and a beta of -0.09. The company has a debt-to-equity ratio of 0.12, a current ratio of 1.26 and a quick ratio of 1.26. The stock’s fifty day moving average price is $23.64 and its 200 day moving average price is $22.10. ZTO Express has a 1 year low of $15.90 and a 1 year high of $27.50.

ZTO Express (Cayman) (NYSE:ZTO) last announced its quarterly earnings data on Tuesday, August 20th. The transportation company reported $0.47 earnings per share for the quarter. ZTO Express (Cayman) had a return on equity of 15.51% and a net margin of 21.22%. The business had revenue of $1.48 billion for the quarter. As a group, equities research analysts forecast that ZTO Express will post 1.66 earnings per share for the current year.

ZTO Express (Cayman) Dividend Announcement

The firm also recently declared a Semi-Annual dividend, which was paid on Thursday, October 17th. Shareholders of record on Tuesday, September 10th were given a dividend of $0.35 per share. This represents a yield of 4.6%. The ex-dividend date of this dividend was Tuesday, September 10th. ZTO Express (Cayman)’s dividend payout ratio is presently 47.55%.

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.