Segantii Capital Management Ltd raised its position in ZTO Express (Cayman) Inc (NYSE:ZTO) by 102.2% in the 4th quarter, according to its most recent filing with the SEC. The firm owned 156,000 shares of the transportation company’s stock after acquiring an additional 78,835 shares during the period. ZTO Express (Cayman) makes up 0.8% of Segantii Capital Management Ltd’s investment portfolio, making the stock its 20th largest holding. Segantii Capital Management Ltd’s holdings in ZTO Express (Cayman) were worth $2,473,000 at the end of the most recent quarter.

Several other hedge funds have also recently added to or reduced their stakes in ZTO. Wells Fargo & Company MN lifted its stake in shares of ZTO Express (Cayman) by 7.4% in the 2nd quarter. Wells Fargo & Company MN now owns 13,199 shares of the transportation company’s stock worth $184,000 after acquiring an additional 907 shares during the period. Profund Advisors LLC acquired a new stake in shares of ZTO Express (Cayman) in the 2nd quarter worth $176,000. Northern Trust Corp lifted its stake in shares of ZTO Express (Cayman) by 2.0% in the 2nd quarter. Northern Trust Corp now owns 80,116 shares of the transportation company’s stock worth $1,117,000 after acquiring an additional 1,603 shares during the period. FMR LLC acquired a new stake in shares of ZTO Express (Cayman) in the 2nd quarter worth $170,000. Finally, Parametric Portfolio Associates LLC lifted its stake in shares of ZTO Express (Cayman) by 68.4% in the 2nd quarter. Parametric Portfolio Associates LLC now owns 47,113 shares of the transportation company’s stock worth $658,000 after acquiring an additional 19,134 shares during the period. Institutional investors own 24.69% of the company’s stock.

ZTO Express (NYSE:ZTO) opened at $14.98 on Tuesday. The stock has a market cap of $7,577.92, a PE ratio of 27.24 and a beta of 0.07. ZTO Express has a twelve month low of $11.14 and a twelve month high of $18.08.

ZTO Express (Cayman) (NYSE:ZTO) last announced its quarterly earnings results on Monday, November 20th. The transportation company reported $0.15 earnings per share (EPS) for the quarter, meeting the Zacks’ consensus estimate of $0.15. ZTO Express (Cayman) had a net margin of 22.47% and a return on equity of 13.22%. analysts expect that ZTO Express will post 0.72 earnings per share for the current year.

Several research firms have recently commented on ZTO. Zacks Investment Research upgraded shares of ZTO Express (Cayman) from a “sell” rating to a “buy” rating and set a $17.00 target price for the company in a research note on Saturday. Daiwa Capital Markets began coverage on shares of ZTO Express (Cayman) in a research note on Thursday, November 2nd. They issued a “buy” rating and a $18.50 target price for the company. Finally, UBS Group cut shares of ZTO Express (Cayman) from a “buy” rating to a “neutral” rating in a research note on Friday, November 24th. Two equities research analysts have rated the stock with a sell rating, one has issued a hold rating and four have issued a buy rating to the company’s stock. The stock presently has an average rating of “Hold” and a consensus price target of $16.26.

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About ZTO Express (Cayman)

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

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