ZTO Express (Cayman) Inc. (NYSE:ZTO) Stock Holdings Lifted by Pitcairn Co.

Pitcairn Co. increased its holdings in ZTO Express (Cayman) Inc. (NYSE:ZTO) by 4.8% in the 3rd quarter, according to its most recent 13F filing with the SEC. The firm owned 26,520 shares of the transportation company’s stock after buying an additional 1,211 shares during the period. Pitcairn Co.’s holdings in ZTO Express (Cayman) were worth $657,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds have also recently bought and sold shares of ZTO. Sei Investments Co. boosted its stake in ZTO Express (Cayman) by 32.0% in the first quarter. Sei Investments Co. now owns 31,038 shares of the transportation company’s stock valued at $650,000 after acquiring an additional 7,526 shares during the period. O Shaughnessy Asset Management LLC bought a new stake in shares of ZTO Express (Cayman) in the 1st quarter worth approximately $230,000. EntryPoint Capital LLC acquired a new position in ZTO Express (Cayman) during the 1st quarter valued at approximately $43,000. California State Teachers Retirement System grew its stake in ZTO Express (Cayman) by 4.5% during the 1st quarter. California State Teachers Retirement System now owns 97,342 shares of the transportation company’s stock worth $2,038,000 after buying an additional 4,148 shares during the last quarter. Finally, Swedbank AB acquired a new stake in ZTO Express (Cayman) in the first quarter worth $2,594,000. Institutional investors and hedge funds own 41.65% of the company’s stock.

ZTO Express (Cayman) Trading Down 1.5 %

Shares of NYSE ZTO opened at $18.99 on Tuesday. ZTO Express has a 12-month low of $15.90 and a 12-month high of $27.50. The company has a market cap of $11.47 billion, a PE ratio of 13.10, a P/E/G ratio of 0.99 and a beta of -0.09. The stock has a 50 day simple moving average of $23.41 and a 200-day simple moving average of $22.06.

Analyst Ratings Changes

Separately, JPMorgan Chase & Co. began coverage on shares of ZTO Express (Cayman) in a report on Wednesday, October 30th. They set an “overweight” rating and a $30.00 price target for the company. Two research analysts have rated the stock with a hold rating and three have issued a buy rating to the company’s stock. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $27.03.

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. It offers freight forwarding services; and delivery services for e-commerce and traditional merchants, and other express service users. The company was founded in 2002 and is headquartered in Shanghai, the People's Republic of China.