Hantz Financial Services Inc. Raises Stock Holdings in ZTO Express (Cayman) Inc. $ZTO

Hantz Financial Services Inc. grew its holdings in ZTO Express (Cayman) Inc. (NYSE:ZTO) by 986.2% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 3,856 shares of the transportation company’s stock after acquiring an additional 3,501 shares during the period. Hantz Financial Services Inc.’s holdings in ZTO Express (Cayman) were worth $68,000 at the end of the most recent quarter.

Other large investors have also made changes to their positions in the company. First Horizon Advisors Inc. boosted its holdings in shares of ZTO Express (Cayman) by 70.8% in the 1st quarter. First Horizon Advisors Inc. now owns 2,132 shares of the transportation company’s stock valued at $42,000 after acquiring an additional 884 shares during the last quarter. Brooklyn Investment Group boosted its holdings in shares of ZTO Express (Cayman) by 443,600.0% in the 1st quarter. Brooklyn Investment Group now owns 4,437 shares of the transportation company’s stock valued at $88,000 after acquiring an additional 4,436 shares during the last quarter. One Wealth Advisors LLC purchased a new position in shares of ZTO Express (Cayman) during the 1st quarter valued at about $237,000. Mirae Asset Global Investments Co. Ltd. raised its stake in shares of ZTO Express (Cayman) by 7.9% during the 2nd quarter. Mirae Asset Global Investments Co. Ltd. now owns 13,173 shares of the transportation company’s stock valued at $234,000 after buying an additional 961 shares during the last quarter. Finally, U S Global Investors Inc. raised its stake in shares of ZTO Express (Cayman) by 39.1% during the 2nd quarter. U S Global Investors Inc. now owns 14,048 shares of the transportation company’s stock valued at $249,000 after buying an additional 3,947 shares during the last quarter. 41.65% of the stock is owned by hedge funds and other institutional investors.

ZTO Express (Cayman) Stock Down 0.7%

Shares of ZTO Express (Cayman) stock opened at $18.69 on Wednesday. The business has a 50-day moving average price of $18.90 and a 200 day moving average price of $18.68. The firm has a market cap of $11.19 billion, a PE ratio of 12.63, a P/E/G ratio of 7.35 and a beta of -0.20. ZTO Express has a twelve month low of $16.34 and a twelve month high of $23.47.

ZTO Express (Cayman) Cuts Dividend

The business also recently disclosed a semi-annual dividend, which was paid on Friday, October 31st. Shareholders of record on Tuesday, September 30th were given a dividend of $0.29 per share. The ex-dividend date was Tuesday, September 30th. This represents a yield of 312.0%. ZTO Express (Cayman)’s dividend payout ratio is currently 39.19%.

Analyst Ratings Changes

ZTO has been the subject of a number of recent research reports. Weiss Ratings reiterated a “hold (c)” rating on shares of ZTO Express (Cayman) in a research note on Wednesday, October 8th. Bank of America lifted their price objective on ZTO Express (Cayman) from $19.00 to $22.00 and gave the company a “neutral” rating in a research note on Wednesday, August 20th. Finally, Zacks Research upgraded ZTO Express (Cayman) from a “strong sell” rating to a “hold” rating in a research note on Thursday, September 25th. One investment analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating and three have issued a Hold rating to the stock. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $22.36.

About ZTO Express (Cayman)

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.