85,402 Shares in Full Truck Alliance Co. Ltd. Sponsored ADR $YMM Bought by Trium Capital LLP

Trium Capital LLP bought a new position in shares of Full Truck Alliance Co. Ltd. Sponsored ADR (NYSE:YMM) in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm bought 85,402 shares of the company’s stock, valued at approximately $916,000.

A number of other hedge funds have also added to or reduced their stakes in the business. Compound Planning Inc. increased its holdings in Full Truck Alliance by 7.0% in the third quarter. Compound Planning Inc. now owns 15,948 shares of the company’s stock worth $207,000 after purchasing an additional 1,048 shares in the last quarter. CI Investments Inc. increased its holdings in Full Truck Alliance by 10.7% in the third quarter. CI Investments Inc. now owns 10,924 shares of the company’s stock worth $142,000 after purchasing an additional 1,052 shares in the last quarter. Exchange Traded Concepts LLC increased its holdings in Full Truck Alliance by 0.6% in the third quarter. Exchange Traded Concepts LLC now owns 248,174 shares of the company’s stock worth $3,219,000 after purchasing an additional 1,410 shares in the last quarter. Parnassus Investments LLC increased its holdings in Full Truck Alliance by 12.1% in the third quarter. Parnassus Investments LLC now owns 21,547 shares of the company’s stock worth $279,000 after purchasing an additional 2,333 shares in the last quarter. Finally, EverSource Wealth Advisors LLC increased its holdings in Full Truck Alliance by 274.9% in the second quarter. EverSource Wealth Advisors LLC now owns 3,880 shares of the company’s stock worth $46,000 after purchasing an additional 2,845 shares in the last quarter. 39.02% of the stock is currently owned by institutional investors.

Full Truck Alliance Stock Down 1.7%

NYSE YMM opened at $8.20 on Friday. The company has a market cap of $8.57 billion, a price-to-earnings ratio of 13.66 and a beta of 0.28. Full Truck Alliance Co. Ltd. Sponsored ADR has a 52 week low of $8.04 and a 52 week high of $14.07. The business has a 50 day moving average price of $9.04 and a 200-day moving average price of $10.76.

Full Truck Alliance (NYSE:YMM) last released its quarterly earnings data on Saturday, February 14th. The company reported $0.01 EPS for the quarter. The firm had revenue of $456.32 million during the quarter. Full Truck Alliance had a return on equity of 11.33% and a net margin of 35.22%. On average, equities research analysts anticipate that Full Truck Alliance Co. Ltd. Sponsored ADR will post 0.46 earnings per share for the current year.

Full Truck Alliance Dividend Announcement

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

Analyst Ratings Changes

YMM has been the subject of a number of research analyst reports. Morgan Stanley reiterated an “overweight” rating on shares of Full Truck Alliance in a report on Thursday, March 12th. 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 research note on Wednesday, April 1st. Weiss Ratings downgraded shares of Full Truck Alliance from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Tuesday, January 13th. 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 research note on Friday, March 13th. Finally, iA Financial set a $8.00 price target on shares of Full Truck Alliance in a research note on Monday, January 12th. Two equities research analysts have rated the stock with a Buy rating and four have given a Hold rating to the stock. Based on data from MarketBeat, Full Truck Alliance has an average rating of “Hold” and a consensus target price of $11.43.

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.