Hhlr Advisors LTD. Grows Stock Holdings in ZTO Express (Cayman) Inc. (NYSE:ZTO)

Hhlr Advisors LTD. raised its stake in ZTO Express (Cayman) Inc. (NYSE:ZTO) by 8,172.7% in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 3,003,008 shares of the transportation company’s stock after buying an additional 2,966,708 shares during the period. ZTO Express (Cayman) comprises 1.6% of Hhlr Advisors LTD.’s holdings, making the stock its 11th biggest holding. Hhlr Advisors LTD. owned about 0.50% of ZTO Express (Cayman) worth $74,385,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors also recently added to or reduced their stakes in the stock. First Horizon Advisors Inc. bought a new position in shares of ZTO Express (Cayman) during the 2nd quarter worth approximately $45,000. Van ECK Associates Corp raised its stake in shares of ZTO Express (Cayman) by 60.8% during the 3rd quarter. Van ECK Associates Corp now owns 1,825 shares of the transportation company’s stock worth $46,000 after acquiring an additional 690 shares in the last quarter. Blue Trust Inc. raised its stake in shares of ZTO Express (Cayman) by 210.0% during the 3rd quarter. Blue Trust Inc. now owns 2,303 shares of the transportation company’s stock worth $57,000 after acquiring an additional 1,560 shares in the last quarter. Mendota Financial Group LLC bought a new position in shares of ZTO Express (Cayman) during the 2nd quarter worth approximately $167,000. Finally, Confluence Investment Management LLC bought a new position in shares of ZTO Express (Cayman) during the 3rd quarter worth approximately $222,000. 41.65% of the stock is owned by hedge funds and other institutional investors.

ZTO Express (Cayman) Trading Down 1.1 %

Shares of ZTO Express (Cayman) stock opened at $19.00 on Friday. ZTO Express has a 12-month low of $15.90 and a 12-month high of $27.50. The firm has a market capitalization of $11.48 billion, a price-to-earnings ratio of 13.10, a PEG ratio of 0.98 and a beta of -0.09. The firm’s 50 day simple moving average is $23.15 and its two-hundred day simple moving average is $21.98.

Analyst Ratings Changes

Several research analysts recently commented on ZTO shares. JPMorgan Chase & Co. started coverage on shares of ZTO Express (Cayman) in a research note on Wednesday, October 30th. They set an “overweight” rating and a $30.00 price objective for the company. StockNews.com upgraded shares of ZTO Express (Cayman) from a “hold” rating to a “buy” rating in a research note on Wednesday. One research analyst has rated the stock with a hold rating and four have assigned a buy rating to the company. Based on data from MarketBeat, ZTO Express (Cayman) has a consensus rating of “Moderate Buy” and a consensus price target of $27.03.

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.