Aurora Investment Counsel Has $3.20 Million Stock Position in ZTO Express (Cayman) Inc. (NYSE:ZTO)

Aurora Investment Counsel raised its position in ZTO Express (Cayman) Inc. (NYSE:ZTO) by 8.6% in the 3rd quarter, Holdings Channel.com reports. The fund owned 129,292 shares of the transportation company’s stock after acquiring an additional 10,189 shares during the quarter. ZTO Express (Cayman) makes up approximately 1.7% of Aurora Investment Counsel’s portfolio, making the stock its 2nd biggest position. Aurora Investment Counsel’s holdings in ZTO Express (Cayman) were worth $3,203,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds also recently added to or reduced their stakes in ZTO. Bayesian Capital Management LP grew its position in shares of ZTO Express (Cayman) by 121.7% in the first quarter. Bayesian Capital Management LP now owns 105,291 shares of the transportation company’s stock valued at $2,205,000 after purchasing an additional 57,800 shares during the period. Canada Pension Plan Investment Board grew its holdings in shares of ZTO Express (Cayman) by 119.9% during the 1st quarter. Canada Pension Plan Investment Board now owns 2,848,182 shares of the transportation company’s stock worth $59,641,000 after purchasing an additional 1,552,885 shares during the period. CANADA LIFE ASSURANCE Co increased its holdings in ZTO Express (Cayman) by 25.0% in the 1st quarter. CANADA LIFE ASSURANCE Co now owns 525,329 shares of the transportation company’s stock valued at $11,007,000 after purchasing an additional 105,100 shares during the last quarter. Teachers Retirement System of The State of Kentucky grew its position in ZTO Express (Cayman) by 20.9% in the 1st quarter. Teachers Retirement System of The State of Kentucky now owns 564,570 shares of the transportation company’s stock valued at $11,822,000 after acquiring an additional 97,600 shares in the last quarter. Finally, Renaissance Technologies LLC increased its position in shares of ZTO Express (Cayman) by 60.9% during the second quarter. Renaissance Technologies LLC now owns 167,300 shares of the transportation company’s stock worth $3,471,000 after acquiring an additional 63,300 shares during the period. 41.65% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

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

ZTO Express (Cayman) Stock Down 4.9 %

ZTO opened at $20.00 on Thursday. The stock has a market capitalization of $12.08 billion, a price-to-earnings ratio of 13.79, a price-to-earnings-growth ratio of 1.00 and a beta of -0.09. The company has a debt-to-equity ratio of 0.12, a current ratio of 1.26 and a quick ratio of 1.26. The business has a 50-day moving average of $23.57 and a two-hundred day moving average of $22.08. ZTO Express has a 12 month low of $15.90 and a 12 month high of $27.50.

ZTO Express (Cayman) (NYSE:ZTO) last issued its quarterly earnings data on Tuesday, August 20th. The transportation company reported $0.47 earnings per share for the quarter. ZTO Express (Cayman) had a return on equity of 15.62% and a net margin of 20.56%. The firm had revenue of $1.48 billion during the quarter. On average, research analysts expect that ZTO Express will post 1.66 earnings per share for the current year.

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.