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

Hhlr Advisors LTD. grew its holdings in ZTO Express (Cayman) Inc. (NYSE:ZTO) by 8,172.7% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 3,003,008 shares of the transportation company’s stock after acquiring 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 position. Hhlr Advisors LTD.’s holdings in ZTO Express (Cayman) were worth $74,385,000 as of its most recent SEC filing.

Several other large investors have also made changes to their positions in ZTO. O Shaughnessy Asset Management LLC purchased a new stake in shares of ZTO Express (Cayman) in the 1st quarter valued at $230,000. California State Teachers Retirement System boosted its holdings in ZTO Express (Cayman) by 4.5% during the first 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 in the last quarter. Swedbank AB purchased a new stake in ZTO Express (Cayman) during the first quarter worth $2,594,000. Mendota Financial Group LLC purchased a new stake in ZTO Express (Cayman) during the second quarter worth $167,000. Finally, E Fund Management Hong Kong Co. Ltd. boosted its holdings in ZTO Express (Cayman) by 2.1% during the second quarter. E Fund Management Hong Kong Co. Ltd. now owns 341,040 shares of the transportation company’s stock worth $7,077,000 after buying an additional 7,002 shares in the last quarter. 41.65% of the stock is owned by hedge funds and other institutional investors.

ZTO Express (Cayman) Stock Down 1.1 %

ZTO opened at $19.00 on Friday. The company has a market cap of $11.48 billion, a price-to-earnings ratio of 13.10, a PEG ratio of 0.98 and a beta of -0.09. ZTO Express has a 52-week low of $15.90 and a 52-week high of $27.50. The firm’s fifty day simple moving average is $23.15 and its two-hundred day simple moving average is $21.98.

Analyst Ratings Changes

A number of analysts recently issued reports on the stock. StockNews.com raised shares of ZTO Express (Cayman) from a “hold” rating to a “buy” rating in a report on Wednesday. JPMorgan Chase & Co. assumed 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 on the stock. One equities research analyst has rated the stock with a hold rating and four have issued a buy rating to the company’s stock. According to MarketBeat.com, the stock presently has an average 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.