GSA Capital Partners LLP Takes Position in ZTO Express (Cayman) Inc (ZTO)

GSA Capital Partners LLP acquired a new position in shares of ZTO Express (Cayman) Inc (NYSE:ZTO) in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor acquired 15,246 shares of the transportation company’s stock, valued at approximately $214,000.

Other hedge funds have also made changes to their positions in the company. Great West Life Assurance Co. Can lifted its position in shares of ZTO Express (Cayman) by 1.2% during the 2nd quarter. Great West Life Assurance Co. Can now owns 10,123 shares of the transportation company’s stock worth $141,000 after buying an additional 123 shares during the last quarter. FMR LLC bought a new stake in shares of ZTO Express (Cayman) during the 2nd quarter worth $170,000. Profund Advisors LLC bought a new stake in shares of ZTO Express (Cayman) during the 2nd quarter worth $176,000. Wells Fargo & Company MN lifted its position in shares of ZTO Express (Cayman) by 7.4% during the 2nd quarter. Wells Fargo & Company MN now owns 13,199 shares of the transportation company’s stock worth $184,000 after buying an additional 907 shares during the last quarter. Finally, Cubist Systematic Strategies LLC lifted its position in shares of ZTO Express (Cayman) by 211.0% during the 3rd quarter. Cubist Systematic Strategies LLC now owns 13,400 shares of the transportation company’s stock worth $188,000 after buying an additional 9,091 shares during the last quarter. Institutional investors and hedge funds own 24.51% of the company’s stock.

ZTO Express (NYSE:ZTO) opened at $15.76 on Friday. The company has a market capitalization of $11,240.00 and a PE ratio of 27.17. ZTO Express has a 1 year low of $11.14 and a 1 year high of $18.08.

Several analysts recently weighed in on the company. UBS Group downgraded ZTO Express (Cayman) from a “buy” rating to a “neutral” rating in a research report on Friday, November 24th. Daiwa Capital Markets assumed coverage on ZTO Express (Cayman) in a research report on Thursday, November 2nd. They issued a “buy” rating and a $18.50 target price for the company. Zacks Investment Research downgraded ZTO Express (Cayman) from a “hold” rating to a “sell” rating in a research report on Saturday, December 23rd. Finally, Macquarie assumed coverage on ZTO Express (Cayman) in a research report on Tuesday, September 19th. They issued an “outperform” rating and a $17.30 target price for the company. Three equities research analysts have rated the stock with a sell rating, one has issued a hold rating and three have issued a buy rating to the company’s stock. The company currently has an average rating of “Hold” and a consensus target price of $16.08.

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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.

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

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