Deutsche Bank AG raised its position in shares of ZTO Express (Cayman) Inc (NYSE:ZTO) by 618.4% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 489,222 shares of the transportation company’s stock after buying an additional 421,119 shares during the quarter. Deutsche Bank AG owned about 0.10% of ZTO Express (Cayman) worth $7,742,000 at the end of the most recent quarter.

Other institutional investors have also recently made changes to their positions in the company. Huntington National Bank raised its position in shares of ZTO Express (Cayman) by 40.3% in the 4th quarter. Huntington National Bank now owns 3,066 shares of the transportation company’s stock worth $49,000 after purchasing an additional 880 shares during the last quarter. OLD National Bancorp IN purchased a new position in shares of ZTO Express (Cayman) in the 4th quarter worth about $186,000. Virtu Financial LLC purchased a new position in shares of ZTO Express (Cayman) in the 3rd quarter worth about $196,000. Financial Counselors Inc. raised its position in shares of ZTO Express (Cayman) by 35.5% in the 4th quarter. Financial Counselors Inc. now owns 13,851 shares of the transportation company’s stock worth $219,000 after purchasing an additional 3,629 shares during the last quarter. Finally, Townsquare Capital LLC purchased a new position in shares of ZTO Express (Cayman) in the 4th quarter worth about $224,000. 35.81% of the stock is owned by institutional investors and hedge funds.

ZTO opened at $19.60 on Friday. The stock has a market capitalization of $9.94 billion, a PE ratio of 25.45 and a beta of 0.67. ZTO Express has a 1 year low of $14.69 and a 1 year high of $22.67.

ZTO Express (Cayman) (NYSE:ZTO) last posted its quarterly earnings results on Tuesday, March 12th. The transportation company reported $0.24 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.23 by $0.01. The firm had revenue of $818.49 million during the quarter. ZTO Express (Cayman) had a return on equity of 13.32% and a net margin of 24.82%. As a group, research analysts expect that ZTO Express will post 0.96 earnings per share for the current year.

The business also recently declared a special dividend, which was paid on Monday, April 8th. Stockholders of record on Monday, April 1st were given a $0.24 dividend. The ex-dividend date was Friday, March 29th. This is a positive change from ZTO Express (Cayman)’s previous special dividend of $0.20.

Separately, Zacks Investment Research raised ZTO Express (Cayman) from a “hold” rating to a “strong-buy” rating and set a $20.00 price target for the company in a research report on Saturday, February 9th. One research analyst has rated the stock with a sell rating, two have assigned a hold rating and one has assigned a buy rating to the stock. The stock presently has an average rating of “Hold” and a consensus price target of $21.50.

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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.

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

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