Zto Express Inc (NYSE:ZTO) was the recipient of some unusual options trading on Monday. Stock traders bought 9,790 call options on the stock. This represents an increase of 1,321% compared to the average daily volume of 689 call options.

Shares of Zto Express (NYSE:ZTO) opened at $16.47 on Friday. Zto Express has a 1 year low of $11.14 and a 1 year high of $18.08. The firm has a market capitalization of $8,935.46 and a PE ratio of 30.93.

Zto Express (NYSE:ZTO) last issued its earnings results on Tuesday, August 22nd. The transportation company reported $0.15 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $0.14 by $0.01. Zto Express had a return on equity of 13.41% and a net margin of 22.47%. The company had revenue of $2.97 billion during the quarter, compared to the consensus estimate of $3.02 billion. The company’s revenue was up 29.9% compared to the same quarter last year. analysts predict that Zto Express will post 0.62 earnings per share for the current fiscal year.

A number of research firms have issued reports on ZTO. Zacks Investment Research raised Zto Express from a “sell” rating to a “hold” rating in a research report on Tuesday, September 5th. UBS AG downgraded Zto Express from a “buy” rating to a “neutral” rating in a research report on Friday. Macquarie began coverage on Zto Express in a research report on Tuesday, September 19th. They set an “outperform” rating and a $17.30 price target for the company. Daiwa Capital Markets began coverage on Zto Express in a research report on Thursday, November 2nd. They set a “buy” rating and a $18.50 price target for the company. Finally, began coverage on Zto Express in a research report on Tuesday, August 8th. They set a “reduce” rating and a $12.50 price target for the company. Two analysts have rated the stock with a sell rating, two have assigned a hold rating and three have given a buy rating to the stock. Zto Express currently has a consensus rating of “Hold” and a consensus target price of $16.08.

Several large investors have recently added to or reduced their stakes in the stock. Hillhouse Capital Management Ltd. acquired a new position in shares of Zto Express in the second quarter worth about $158,961,000. Green Court Capital Management Ltd lifted its stake in shares of Zto Express by 28.5% in the third quarter. Green Court Capital Management Ltd now owns 7,529,806 shares of the transportation company’s stock worth $105,143,000 after acquiring an additional 1,670,300 shares in the last quarter. Lazard Asset Management LLC lifted its stake in shares of Zto Express by 149.1% in the second quarter. Lazard Asset Management LLC now owns 5,005,803 shares of the transportation company’s stock worth $69,881,000 after acquiring an additional 2,996,086 shares in the last quarter. Davis Selected Advisers lifted its stake in shares of Zto Express by 12.3% in the second quarter. Davis Selected Advisers now owns 4,704,977 shares of the transportation company’s stock worth $65,681,000 after acquiring an additional 517,045 shares in the last quarter. Finally, Carmignac Gestion lifted its stake in shares of Zto Express by 237.5% in the second quarter. Carmignac Gestion now owns 2,506,499 shares of the transportation company’s stock worth $34,991,000 after acquiring an additional 1,763,819 shares in the last quarter. Institutional investors and hedge funds own 25.21% of the company’s stock.

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About Zto Express

ZTO Express (Cayman) Inc is an express delivery company in China. The Company provides express delivery service through its nationwide network, as well as other value-added logistics services. The Company provides its services for a range of online merchants and consumers transacting on the Chinese e-commerce platforms, such as Alibaba and JD.com.

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