Russell Investments Group Ltd. Grows Holdings in ZTO Express (Cayman) Inc (NYSE:ZTO)

Russell Investments Group Ltd. grew its holdings in shares of ZTO Express (Cayman) Inc (NYSE:ZTO) by 5.1% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 326,266 shares of the transportation company’s stock after buying an additional 15,941 shares during the quarter. Russell Investments Group Ltd. owned 0.06% of ZTO Express (Cayman) worth $6,246,000 as of its most recent SEC filing.

Other institutional investors have also added to or reduced their stakes in the company. Patriot Financial Group Insurance Agency LLC acquired a new stake in shares of ZTO Express (Cayman) during the 2nd quarter valued at approximately $71,000. Advisors Asset Management Inc. raised its position in shares of ZTO Express (Cayman) by 255.2% during the 1st quarter. Advisors Asset Management Inc. now owns 3,779 shares of the transportation company’s stock valued at $69,000 after acquiring an additional 2,715 shares in the last quarter. Manchester Financial Inc. acquired a new stake in shares of ZTO Express (Cayman) during the 2nd quarter valued at approximately $108,000. Rehmann Capital Advisory Group raised its position in shares of ZTO Express (Cayman) by 1,819.4% during the 1st quarter. Rehmann Capital Advisory Group now owns 7,121 shares of the transportation company’s stock valued at $130,000 after acquiring an additional 6,750 shares in the last quarter. Finally, National Asset Management Inc. acquired a new stake in ZTO Express (Cayman) in the first quarter worth $190,000. Institutional investors own 42.43% of the company’s stock.

Several brokerages have weighed in on ZTO. Zacks Investment Research lowered ZTO Express (Cayman) from a “hold” rating to a “sell” rating in a research report on Monday, May 20th. TheStreet raised ZTO Express (Cayman) from a “c+” rating to a “b” rating in a research report on Thursday, May 16th.

NYSE ZTO traded down $0.21 during trading hours on Friday, hitting $21.47. The company had a trading volume of 67,010 shares, compared to its average volume of 2,845,244. ZTO Express has a fifty-two week low of $14.69 and a fifty-two week high of $21.87. The company has a quick ratio of 3.76, a current ratio of 3.77 and a debt-to-equity ratio of 0.01. The business has a fifty day simple moving average of $19.86 and a 200-day simple moving average of $19.25. The firm has a market cap of $11.00 billion, a P/E ratio of 28.08 and a beta of 0.79.

ZTO Express (Cayman) (NYSE:ZTO) last released its quarterly earnings results on Thursday, August 15th. The transportation company reported $0.25 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.24 by $0.01. ZTO Express (Cayman) had a return on equity of 13.73% and a net margin of 21.99%. The company had revenue of $5.42 billion during the quarter, compared to analysts’ expectations of $5.51 billion. During the same quarter in the prior year, the business posted $2.07 earnings per share. The company’s revenue for the quarter was up 29.2% compared to the same quarter last year. Equities analysts forecast that ZTO Express will post 0.87 EPS for the current fiscal year.

ZTO Express (Cayman) Company 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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