Davis Selected Advisers Boosts Stock Position in Full Truck Alliance Co. Ltd. Sponsored ADR $YMM

Key Points

• Davis Selected Advisers increased its stake in Full Truck Alliance (NYSE: YMM) by 17.1% in Q4, purchasing 2,555,751 shares to hold 17,537,524 shares (about 1.68% of the company) valued at roughly $188.2 million.
• Several other large institutions boosted positions—notably First Beijing, Invesco, Schroder, Vanguard and Krane—leaving institutional investors with 39.02% ownership; First Beijing now holds ~68.6M shares and Schroder added over 32M shares during the period.
• YMM trades near $8.61 (52‑week range $8.04–$14.07) with a market cap of ~$8.98B and a P/E of 14.35; analysts' consensus is Hold with a $11.43 price target, and the company recently paid a $0.084 per‑share dividend (ex‑dividend April 8).

Davis Selected Advisers boosted its holdings in Full Truck Alliance Co. Ltd. Sponsored ADR (NYSE:YMM - Free Report) by 17.1% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 17,537,524 shares of the company's stock after purchasing an additional 2,555,751 shares during the period. Full Truck Alliance comprises 0.8% of Davis Selected Advisers' holdings, making the stock its 28th largest position. Davis Selected Advisers owned approximately 1.68% of Full Truck Alliance worth $188,178,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also bought and sold shares of the business. First Beijing Investment Ltd boosted its position in Full Truck Alliance by 73.8% in the third quarter. First Beijing Investment Ltd now owns 68,645,580 shares of the company's stock worth $890,333,000 after purchasing an additional 29,150,926 shares during the last quarter. Invesco Ltd. boosted its position in Full Truck Alliance by 66.4% in the third quarter. Invesco Ltd. now owns 54,223,349 shares of the company's stock worth $703,277,000 after purchasing an additional 21,628,993 shares during the last quarter. Schroder Investment Management Group boosted its position in Full Truck Alliance by 2,789.6% in the third quarter. Schroder Investment Management Group now owns 33,333,051 shares of the company's stock worth $432,330,000 after purchasing an additional 32,179,501 shares during the last quarter. Vanguard Group Inc. boosted its position in Full Truck Alliance by 1.4% in the fourth quarter. Vanguard Group Inc. now owns 33,004,634 shares of the company's stock worth $354,140,000 after purchasing an additional 461,147 shares during the last quarter. Finally, Krane Funds Advisors LLC boosted its position in Full Truck Alliance by 26.4% in the third quarter. Krane Funds Advisors LLC now owns 28,165,473 shares of the company's stock worth $352,068,000 after purchasing an additional 5,880,548 shares during the last quarter. Hedge funds and other institutional investors own 39.02% of the company's stock.

Full Truck Alliance Price Performance

Shares of NYSE YMM opened at $8.61 on Friday. Full Truck Alliance Co. Ltd. Sponsored ADR has a one year low of $8.04 and a one year high of $14.07. The business's fifty day moving average price is $8.69 and its 200-day moving average price is $10.29. The stock has a market capitalization of $8.98 billion, a PE ratio of 14.35 and a beta of 0.30.

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

Full Truck Alliance Dividend Announcement

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

Wall Street Analysts Forecast Growth

A number of brokerages have recently commented on YMM. JPMorgan Chase & Co. raised Full Truck Alliance from an "underweight" rating to a "neutral" rating and set a $8.00 price target on the stock in a research report on Wednesday, April 1st. Weiss Ratings cut Full Truck Alliance from a "buy (b-)" rating to a "hold (c+)" rating in a research report on Tuesday, January 13th. Morgan Stanley reaffirmed an "overweight" rating on shares of Full Truck Alliance in a research report on Thursday, March 12th. Daiwa Securities Group cut Full Truck Alliance from a "buy" rating to a "neutral" rating and set a $9.00 price target on the stock. in a research report on Friday, March 13th. Finally, iA Financial set a $8.00 price target on Full Truck Alliance in a research report on Monday, January 12th. Two analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the stock. According to data from MarketBeat.com, the company presently has a consensus rating of "Hold" and a consensus price target 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.

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