Full Truck Alliance Co. Ltd. Sponsored ADR $YMM Stock Position Lowered by C WorldWide Group Holding A S

C WorldWide Group Holding A S lessened its position in Full Truck Alliance Co. Ltd. Sponsored ADR (NYSE:YMM) by 13.2% in the 4th quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 1,187,700 shares of the company’s stock after selling 180,600 shares during the quarter. C WorldWide Group Holding A S’s holdings in Full Truck Alliance were worth $12,744,000 as of its most recent filing with the SEC.

Several other hedge funds have also made changes to their positions in YMM. Banque de Luxembourg S.A. purchased a new stake in shares of Full Truck Alliance in the 4th quarter valued at approximately $44,000. CoreCap Advisors LLC lifted its position in shares of Full Truck Alliance by 2,000.0% in the 4th quarter. CoreCap Advisors LLC now owns 4,200 shares of the company’s stock valued at $45,000 after acquiring an additional 4,000 shares in the last quarter. EverSource Wealth Advisors LLC lifted its position in shares of Full Truck Alliance by 274.9% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 3,880 shares of the company’s stock valued at $46,000 after acquiring an additional 2,845 shares in the last quarter. Aquatic Capital Management LLC purchased a new stake in shares of Full Truck Alliance in the 3rd quarter valued at approximately $51,000. Finally, Shen Neil Nanpeng purchased a new stake in shares of Full Truck Alliance in the 3rd quarter valued at approximately $93,000. Hedge funds and other institutional investors own 39.02% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities research analysts recently commented on the stock. Citigroup restated a “buy” rating on shares of Full Truck Alliance in a research report on Monday, April 20th. iA Financial set a $8.00 price objective on shares of Full Truck Alliance in a research note on Monday, January 12th. JPMorgan Chase & Co. upgraded shares of Full Truck Alliance from an “underweight” rating to a “neutral” rating and set a $8.00 price objective on the stock in a research note on Wednesday, April 1st. Bank of America assumed coverage on shares of Full Truck Alliance in a research note on Tuesday, May 5th. They issued a “buy” rating and a $11.30 price objective on the stock. Finally, Daiwa Securities Group lowered shares of Full Truck Alliance from a “buy” rating to a “neutral” rating and set a $9.00 price objective on the stock. in a research note on Friday, March 13th. Three research analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the stock. Based on data from MarketBeat.com, the company currently has an average rating of “Hold” and an average price target of $11.41.

Full Truck Alliance Stock Performance

Full Truck Alliance stock opened at $8.79 on Monday. The firm has a market cap of $9.17 billion, a PE ratio of 14.66, a P/E/G ratio of 0.81 and a beta of 0.30. The firm’s 50 day moving average price is $8.65 and its two-hundred day moving average price is $10.19. Full Truck Alliance Co. Ltd. Sponsored ADR has a twelve month low of $8.04 and a twelve month high of $14.07.

Full Truck Alliance (NYSE:YMM) last released its quarterly earnings data on Saturday, February 14th. The company reported $0.01 earnings per share for the quarter. The firm had revenue of $456.32 million for the quarter. Full Truck Alliance had a net margin of 35.22% and a return on equity of 11.33%. Equities analysts anticipate that Full Truck Alliance Co. Ltd. Sponsored ADR will post 0.66 EPS for the current fiscal year.

Full Truck Alliance Announces Dividend

The firm also recently declared a dividend, which was paid on Wednesday, April 22nd. Stockholders of record on Wednesday, April 8th were paid a dividend of $0.084 per share. The ex-dividend date was Wednesday, April 8th. This represents a dividend yield of 201.0%. Full Truck Alliance’s dividend payout ratio is 23.33%.

About Full Truck Alliance

Full Truck Alliance (NYSE: YMM) operates a leading digital freight platform in China, connecting shippers with a vast network of independent truck drivers. The company’s core offering centers on load matching, enabling cargo owners to find suitable carriers quickly through a mobile and web-based interface. By streamlining the booking process, Full Truck Alliance helps reduce downtime and improves overall asset utilization for both shippers and drivers.

The platform features real-time route optimization, electronic waybills, digital payment solutions and in-app communication tools.