Dumac Inc. Makes New $2.02 Million Investment in ZTO Express (Cayman) Inc. $ZTO

Dumac Inc. purchased a new position in ZTO Express (Cayman) Inc. (NYSE:ZTO) during the 4th quarter, HoldingsChannel.com reports. The firm purchased 96,781 shares of the transportation company’s stock, valued at approximately $2,022,000. ZTO Express (Cayman) makes up about 0.3% of Dumac Inc.’s holdings, making the stock its 6th biggest holding.

Several other hedge funds have also recently added to or reduced their stakes in the business. BNP Paribas Financial Markets grew its position in ZTO Express (Cayman) by 30.1% in the fourth quarter. BNP Paribas Financial Markets now owns 768,626 shares of the transportation company’s stock worth $16,057,000 after buying an additional 177,866 shares during the last quarter. Hantz Financial Services Inc. grew its position in ZTO Express (Cayman) by 73.0% in the fourth quarter. Hantz Financial Services Inc. now owns 21,014 shares of the transportation company’s stock worth $439,000 after buying an additional 8,870 shares during the last quarter. Todd Asset Management LLC grew its position in ZTO Express (Cayman) by 17.8% in the fourth quarter. Todd Asset Management LLC now owns 1,697,019 shares of the transportation company’s stock worth $35,451,000 after buying an additional 257,021 shares during the last quarter. Global Retirement Partners LLC acquired a new position in ZTO Express (Cayman) in the fourth quarter worth approximately $266,000. Finally, Leonteq Securities AG acquired a new position in ZTO Express (Cayman) in the fourth quarter worth approximately $30,000. Institutional investors and hedge funds own 41.65% of the company’s stock.

Analyst Upgrades and Downgrades

Several research analysts have issued reports on ZTO shares. Macquarie Infrastructure upgraded shares of ZTO Express (Cayman) from a “hold” rating to a “strong-buy” rating in a research report on Sunday, February 8th. Zacks Research lowered shares of ZTO Express (Cayman) from a “strong-buy” rating to a “hold” rating in a research report on Friday, May 29th. Morgan Stanley reiterated an “overweight” rating and set a $30.10 price objective on shares of ZTO Express (Cayman) in a research report on Wednesday, May 20th. Wall Street Zen upgraded shares of ZTO Express (Cayman) from a “hold” rating to a “buy” rating in a research report on Saturday, April 11th. Finally, Weiss Ratings cut shares of ZTO Express (Cayman) from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Wednesday, May 20th. One investment analyst has rated the stock with a Strong Buy rating, two have given a Buy rating and three have given a Hold rating to the stock. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus target price of $27.03.

ZTO Express (Cayman) Trading Up 0.4%

NYSE ZTO opened at $22.68 on Thursday. ZTO Express has a twelve month low of $16.94 and a twelve month high of $26.20. The company has a debt-to-equity ratio of 0.16, a quick ratio of 1.64 and a current ratio of 1.64. The stock has a market cap of $12.79 billion, a price-to-earnings ratio of 13.92, a PEG ratio of 0.92 and a beta of -0.22. The firm’s 50 day moving average price is $24.42 and its two-hundred day moving average price is $23.05.

ZTO Express (Cayman) (NYSE:ZTO) last posted its quarterly earnings data on Saturday, February 14th. The transportation company reported $0.47 earnings per share for the quarter. ZTO Express (Cayman) had a net margin of 17.87% and a return on equity of 14.23%. The firm had revenue of $2.07 billion for the quarter. Equities analysts anticipate that ZTO Express will post 1.82 EPS for the current year.

ZTO Express (Cayman) Announces Dividend

The business also recently announced a dividend, which was paid on Wednesday, April 29th. Shareholders of record on Wednesday, April 8th were paid a dividend of $0.39 per share. The ex-dividend date of this dividend was Wednesday, April 8th. This represents a dividend yield of 318.0%. ZTO Express (Cayman)’s dividend payout ratio (DPR) is 46.63%.

ZTO Express (Cayman) Company Profile

ZTO Express (Cayman) Inc is one of China’s leading express delivery companies, specializing in both domestic and cross-border parcel logistics. The company operates a technology-enabled network that connects shippers, independent pickup and delivery stations, regional sorting hubs and end customers. ZTO’s service portfolio includes standard express, heavy-weight parcel delivery, time-definite shipments and e-commerce logistics solutions tailored for online retailers and marketplaces.

Founded in 2002 and headquartered in Shanghai, ZTO has grown rapidly by leveraging a franchise-style operating model that engages a broad network of independent contractors.