Gulf International Bank UK Ltd Has $570,000 Stake in ZTO Express (Cayman) Inc. (NYSE:ZTO)

Gulf International Bank UK Ltd reduced its stake in ZTO Express (Cayman) Inc. (NYSE:ZTO) by 4.5% in the 2nd quarter, Holdings Channel reports. The firm owned 27,509 shares of the transportation company’s stock after selling 1,300 shares during the period. Gulf International Bank UK Ltd’s holdings in ZTO Express (Cayman) were worth $570,000 as of its most recent filing with the SEC.

A number of other large investors have also recently added to or reduced their stakes in the stock. EntryPoint Capital LLC acquired a new stake in shares of ZTO Express (Cayman) in the first quarter worth $43,000. Tower Research Capital LLC TRC boosted its holdings in ZTO Express (Cayman) by 31.8% during the fourth quarter. Tower Research Capital LLC TRC now owns 3,278 shares of the transportation company’s stock valued at $70,000 after acquiring an additional 791 shares during the period. Barometer Capital Management Inc. acquired a new stake in shares of ZTO Express (Cayman) in the fourth quarter valued at about $126,000. U S Global Investors Inc. increased its stake in shares of ZTO Express (Cayman) by 32.8% in the first quarter. U S Global Investors Inc. now owns 8,815 shares of the transportation company’s stock worth $185,000 after purchasing an additional 2,179 shares during the period. Finally, O Shaughnessy Asset Management LLC acquired a new position in shares of ZTO Express (Cayman) during the 1st quarter worth about $230,000. Institutional investors own 41.65% of the company’s stock.

Analysts Set New Price Targets

A number of analysts have issued reports on ZTO shares. Bank of America raised their target price on ZTO Express (Cayman) from $25.20 to $26.90 and gave the company a “buy” rating in a report on Monday, June 17th. Macquarie downgraded shares of ZTO Express (Cayman) from an “outperform” rating to a “neutral” rating and set a $21.20 price target for the company. in a report on Wednesday, June 26th. Two equities research analysts have rated the stock with a hold rating and four have issued a buy rating to the company’s stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $28.18.

ZTO Express (Cayman) Price Performance

NYSE ZTO traded up $0.60 during trading on Thursday, reaching $20.18. 626,881 shares of the company traded hands, compared to its average volume of 3,767,825. ZTO Express has a 1-year low of $15.90 and a 1-year high of $26.88. The company has a market cap of $12.24 billion, a price-to-earnings ratio of 13.80, a P/E/G ratio of 0.90 and a beta of -0.12. The stock’s 50 day moving average price is $20.93 and its two-hundred day moving average price is $20.51. The company has a debt-to-equity ratio of 0.12, a quick ratio of 1.15 and a current ratio of 1.15.

ZTO Express (Cayman) (NYSE:ZTO) last announced its quarterly earnings results on Wednesday, May 15th. The transportation company reported $0.32 EPS for the quarter. ZTO Express (Cayman) had a return on equity of 15.39% and a net margin of 21.57%. The business had revenue of $1.38 billion for the quarter. As a group, analysts anticipate that ZTO Express will post 1.7 EPS for the current year.

ZTO Express (Cayman) 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.