UBS Group AG Purchases 6,784,957 Shares of Full Truck Alliance Co. Ltd. Sponsored ADR $YMM

Key Points

• UBS Group AG boosted its stake in Full Truck Alliance by 258.3% in Q4, buying 6,784,957 shares to hold 9,411,834 shares (about 0.90% of the company) valued at roughly $101 million.
• Several large institutions — including First Beijing, Invesco, Schroder, Vanguard and Krane — also materially increased positions, with institutional ownership totaling about 39.02%.
• Analysts’ consensus is a Hold with a $11.43 target; YMM trades near $8.61 (market cap ~$8.98B, P/E 14.35) and recently paid a $0.084 dividend.

UBS Group AG boosted its position in Full Truck Alliance Co. Ltd. Sponsored ADR (NYSE:YMM - Free Report) by 258.3% during the fourth quarter, according to its most recent 13F filing with the SEC. The firm owned 9,411,834 shares of the company's stock after acquiring an additional 6,784,957 shares during the period. UBS Group AG owned 0.90% of Full Truck Alliance worth $100,989,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in the company. First Beijing Investment Ltd raised its stake in Full Truck Alliance by 73.8% in the 3rd quarter. First Beijing Investment Ltd now owns 68,645,580 shares of the company's stock valued at $890,333,000 after acquiring an additional 29,150,926 shares during the period. Invesco Ltd. raised its stake in Full Truck Alliance by 66.4% in the 3rd quarter. Invesco Ltd. now owns 54,223,349 shares of the company's stock valued at $703,277,000 after acquiring an additional 21,628,993 shares during the period. Schroder Investment Management Group raised its stake in Full Truck Alliance by 2,789.6% in the 3rd quarter. Schroder Investment Management Group now owns 33,333,051 shares of the company's stock valued at $432,330,000 after acquiring an additional 32,179,501 shares during the period. Vanguard Group Inc. raised its stake in Full Truck Alliance by 1.4% in the 4th quarter. Vanguard Group Inc. now owns 33,004,634 shares of the company's stock valued at $354,140,000 after acquiring an additional 461,147 shares during the period. Finally, Krane Funds Advisors LLC raised its stake in Full Truck Alliance by 26.4% in the 3rd quarter. Krane Funds Advisors LLC now owns 28,165,473 shares of the company's stock valued at $352,068,000 after acquiring an additional 5,880,548 shares during the period. 39.02% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

Several equities research analysts have recently weighed in on the company. Weiss Ratings cut Full Truck Alliance from a "buy (b-)" rating to a "hold (c+)" rating in a research report on Tuesday, January 13th. Citigroup reiterated a "buy" rating on shares of Full Truck Alliance in a research report on Monday, April 20th. JPMorgan Chase & Co. upgraded 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. Morgan Stanley reiterated an "overweight" rating on shares of Full Truck Alliance in a research report on Thursday, March 12th. 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 given a Hold rating to the stock. According to data from MarketBeat, the company currently has an average rating of "Hold" and a consensus target price of $11.43.

Full Truck Alliance Price Performance

Shares of YMM opened at $8.61 on Friday. The firm has a market cap of $8.98 billion, a P/E ratio of 14.35 and a beta of 0.30. The stock has a 50 day simple moving average of $8.69 and a two-hundred day simple moving average of $10.28. Full Truck Alliance Co. Ltd. Sponsored ADR has a 1 year low of $8.04 and a 1 year high of $14.07.

Full Truck Alliance (NYSE:YMM - Get Free Report) last issued its earnings results on Saturday, February 14th. The company reported $0.01 earnings per share (EPS) for the quarter. The business 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 analysts anticipate that Full Truck Alliance Co. Ltd. Sponsored ADR will post 0.66 earnings per share for the current year.

Full Truck Alliance Dividend Announcement

The company also recently announced a dividend, which was paid on Wednesday, April 22nd. Shareholders of record on Wednesday, April 8th were paid a $0.084 dividend. The ex-dividend date of this dividend was Wednesday, April 8th. This represents a yield of 201.0%. Full Truck Alliance's dividend payout ratio is currently 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.

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