KBC Group NV Has $3.55 Million Stake in ZTO Express (Cayman) Inc. $ZTO

KBC Group NV raised its stake in shares of ZTO Express (Cayman) Inc. (NYSE:ZTO) by 13.6% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 170,061 shares of the transportation company’s stock after buying an additional 20,306 shares during the period. KBC Group NV’s holdings in ZTO Express (Cayman) were worth $3,553,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently made changes to their positions in the stock. Capitolis Liquid Global Markets LLC acquired a new position in shares of ZTO Express (Cayman) during the 3rd quarter valued at about $25,672,000. Crossmark Global Holdings Inc. boosted its position in ZTO Express (Cayman) by 2,573.3% during the third quarter. Crossmark Global Holdings Inc. now owns 612,738 shares of the transportation company’s stock worth $11,765,000 after purchasing an additional 589,817 shares during the period. Pzena Investment Management LLC boosted its position in ZTO Express (Cayman) by 4.9% during the third quarter. Pzena Investment Management LLC now owns 7,999,407 shares of the transportation company’s stock worth $153,589,000 after purchasing an additional 376,179 shares during the period. TB Alternative Assets Ltd. grew its holdings in ZTO Express (Cayman) by 208.5% during the third quarter. TB Alternative Assets Ltd. now owns 254,948 shares of the transportation company’s stock valued at $4,895,000 after purchasing an additional 172,300 shares during the last quarter. Finally, Marshall Wace LLP grew its holdings in ZTO Express (Cayman) by 29.3% during the second quarter. Marshall Wace LLP now owns 468,489 shares of the transportation company’s stock valued at $8,316,000 after purchasing an additional 106,180 shares during the last quarter. Institutional investors and hedge funds own 41.65% of the company’s stock.

ZTO Express (Cayman) Price Performance

NYSE:ZTO opened at $25.10 on Monday. The stock has a market cap of $14.15 billion, a P/E ratio of 15.89, a PEG ratio of 1.26 and a beta of -0.17. ZTO Express has a one year low of $16.68 and a one year high of $26.20. The company has a fifty day moving average price of $24.47 and a 200 day moving average price of $21.92.

ZTO Express (Cayman) (NYSE:ZTO) last posted its quarterly earnings results on Saturday, February 14th. The transportation company reported $0.47 earnings per share (EPS) for the quarter. ZTO Express (Cayman) had a net margin of 18.50% and a return on equity of 14.05%. The company had revenue of $2.07 billion for the quarter. As a group, equities research analysts anticipate that ZTO Express will post 1.57 EPS for the current year.

ZTO Express (Cayman) Announces Dividend

The company also recently announced a dividend, which will be paid on Wednesday, April 29th. Investors of record on Wednesday, April 8th will be given a dividend of $0.39 per share. The ex-dividend date of this dividend is Wednesday, April 8th. This represents a yield of 318.0%. ZTO Express (Cayman)’s dividend payout ratio (DPR) is 48.10%.

Wall Street Analysts Forecast Growth

A number of analysts have recently weighed in on the stock. Wall Street Zen upgraded shares of ZTO Express (Cayman) from a “hold” rating to a “buy” rating in a research note on Saturday, April 11th. Weiss Ratings reiterated a “hold (c)” rating on shares of ZTO Express (Cayman) in a research note on Friday, March 27th. Zacks Research upgraded shares of ZTO Express (Cayman) from a “hold” rating to a “strong-buy” rating in a report on Monday, April 13th. JPMorgan Chase & Co. boosted their target price on shares of ZTO Express (Cayman) from $25.00 to $29.00 and gave the stock an “overweight” rating in a research report on Monday, April 13th. Finally, Macquarie Infrastructure upgraded shares of ZTO Express (Cayman) from a “hold” rating to a “strong-buy” rating in a report on Sunday, February 8th. Two investment analysts have rated the stock with a Strong Buy rating, two have issued a Buy rating and two have given a Hold rating to the stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Buy” and an average target price of $24.45.

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.