Full Truck Alliance Co. Ltd. Sponsored ADR $YMM Stock Holdings Lifted by SG Americas Securities LLC

Key Points

• SG Americas Securities LLC increased its stake in Full Truck Alliance by 534% in Q4 to 1,146,420 shares (about $12.3M), while overall institutional ownership stands at 39.02% with other large funds like Davis Selected Advisers holding sizable positions.
• Analyst sentiment is mixed: several firms have downgraded the stock and the consensus rating is a “Hold” with an average price target of $11.43 (JPMorgan cut its target to $8.00, while Morgan Stanley remains overweight).
• Full Truck Alliance declared a dividend of $0.084 per share payable April 22 (ex-dividend April 8), a payout ratio of 26.67% and a reported dividend yield of 203.0% per the filing.

SG Americas Securities LLC grew its position in Full Truck Alliance Co. Ltd. Sponsored ADR (NYSE:YMM - Free Report) by 534.0% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 1,146,420 shares of the company's stock after purchasing an additional 965,601 shares during the period. SG Americas Securities LLC owned about 0.11% of Full Truck Alliance worth $12,301,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently made changes to their positions in YMM. Tuttle Capital Management LLC grew its stake in shares of Full Truck Alliance by 194.8% in the 4th quarter. Tuttle Capital Management LLC now owns 38,711 shares of the company's stock valued at $415,000 after buying an additional 25,579 shares in the last quarter. Nordea Investment Management AB lifted its stake in Full Truck Alliance by 36.9% in the fourth quarter. Nordea Investment Management AB now owns 2,326,558 shares of the company's stock valued at $25,080,000 after acquiring an additional 627,118 shares during the last quarter. Union Bancaire Privee UBP SA lifted its stake in Full Truck Alliance by 42.5% in the fourth quarter. Union Bancaire Privee UBP SA now owns 196,686 shares of the company's stock valued at $1,930,000 after acquiring an additional 58,624 shares during the last quarter. Davis Selected Advisers grew its position in Full Truck Alliance by 28.8% in the third quarter. Davis Selected Advisers now owns 14,981,773 shares of the company's stock worth $194,314,000 after acquiring an additional 3,345,848 shares in the last quarter. Finally, AIA Group Ltd grew its position in Full Truck Alliance by 78.2% in the third quarter. AIA Group Ltd now owns 460,301 shares of the company's stock worth $5,970,000 after acquiring an additional 202,056 shares in the last quarter. 39.02% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

A number of research analysts have recently weighed in on YMM shares. Daiwa Securities Group downgraded shares of Full Truck Alliance from a "buy" rating to a "neutral" rating and set a $9.00 price target on the stock. in a report on Friday, March 13th. Weiss Ratings cut 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. downgraded shares of Full Truck Alliance from a "neutral" rating to an "underweight" rating and lowered their target price for the stock from $11.00 to $8.00 in a research report on Monday, January 12th. iA Financial set a $8.00 target price on Full Truck Alliance in a report on Monday, January 12th. Finally, Morgan Stanley reiterated an "overweight" rating on shares of Full Truck Alliance in a research note on Thursday, March 12th. Two investment analysts have rated the stock with a Buy rating, three have issued a Hold rating and one has given a Sell rating to the company's stock. According to data from MarketBeat, the stock presently has a consensus rating of "Hold" and an average price target of $11.43.

Full Truck Alliance Trading Down 1.0%

NYSE YMM opened at $8.06 on Friday. Full Truck Alliance Co. Ltd. Sponsored ADR has a 1 year low of $8.04 and a 1 year high of $14.07. The company has a fifty day simple moving average of $9.34 and a 200 day simple moving average of $11.08. The company has a market cap of $8.42 billion, a P/E ratio of 13.43 and a beta of 0.23.

Full Truck Alliance (NYSE:YMM - Get Free Report) last announced its earnings results on Saturday, February 14th. The company reported $0.01 EPS for the quarter. Full Truck Alliance had a net margin of 35.22% and a return on equity of 11.33%. The firm had revenue of $456.32 million for the quarter. Equities research analysts forecast that Full Truck Alliance Co. Ltd. Sponsored ADR will post 0.46 EPS for the current fiscal year.

Full Truck Alliance Dividend Announcement

The firm also recently disclosed a dividend, which will be paid on Wednesday, April 22nd. Investors of record on Wednesday, April 8th will be given a dividend of $0.084 per share. This represents a dividend yield of 203.0%. The ex-dividend date of this dividend is Wednesday, April 8th. Full Truck Alliance's payout ratio is currently 26.67%.

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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