Full Truck Alliance Co. Ltd. Sponsored ADR $YMM Stake Increased by B. Metzler seel. Sohn & Co. AG

B. Metzler seel. Sohn & Co. AG increased its stake in Full Truck Alliance Co. Ltd. Sponsored ADR (NYSE:YMM) by 47.2% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 299,388 shares of the company’s stock after buying an additional 95,995 shares during the period. B. Metzler seel. Sohn & Co. AG’s holdings in Full Truck Alliance were worth $3,212,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Royal Bank of Canada increased its stake in Full Truck Alliance by 172.4% during the first quarter. Royal Bank of Canada now owns 34,765 shares of the company’s stock valued at $444,000 after purchasing an additional 22,001 shares during the last quarter. Geode Capital Management LLC increased its stake in Full Truck Alliance by 11.6% during the second quarter. Geode Capital Management LLC now owns 159,770 shares of the company’s stock valued at $1,887,000 after purchasing an additional 16,591 shares during the last quarter. EverSource Wealth Advisors LLC increased its stake in Full Truck Alliance by 274.9% during the second quarter. EverSource Wealth Advisors LLC now owns 3,880 shares of the company’s stock valued at $46,000 after purchasing an additional 2,845 shares during the last quarter. California Public Employees Retirement System increased its stake in Full Truck Alliance by 7.9% during the second quarter. California Public Employees Retirement System now owns 1,134,627 shares of the company’s stock valued at $13,400,000 after purchasing an additional 83,434 shares during the last quarter. Finally, Daiwa Securities Group Inc. bought a new stake in Full Truck Alliance during the second quarter valued at $118,000. Institutional investors own 39.02% of the company’s stock.

Full Truck Alliance Stock Up 2.1%

YMM stock opened at $8.68 on Friday. The company has a market capitalization of $9.07 billion, a P/E ratio of 14.46 and a beta of 0.28. The company has a 50-day simple moving average of $8.77 and a 200 day simple moving average of $10.41. Full Truck Alliance Co. Ltd. Sponsored ADR has a fifty-two week low of $8.04 and a fifty-two week high of $14.07.

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

Full Truck Alliance Dividend Announcement

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

Wall Street Analyst Weigh In

Several analysts have weighed in on the stock. Citigroup reiterated a “buy” rating on shares of Full Truck Alliance in a research note on Monday. Daiwa Securities Group downgraded shares of Full Truck Alliance from a “buy” rating to a “neutral” rating and set a $9.00 price target for the company. in a report on Friday, March 13th. Weiss Ratings downgraded shares of Full Truck Alliance from a “buy (b-)” rating to a “hold (c+)” rating in a report on Tuesday, January 13th. JPMorgan Chase & Co. raised shares of Full Truck Alliance from an “underweight” rating to a “neutral” rating and set a $8.00 price target for the company in a report on Wednesday, April 1st. Finally, iA Financial set a $8.00 price target on shares of Full Truck Alliance in a report on Monday, January 12th. Two research analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the stock. According to MarketBeat, the company presently has a consensus rating of “Hold” and an average target price of $11.43.

Full Truck Alliance Company Profile

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.