Full Truck Alliance Co. Ltd. Sponsored ADR $YMM is Kontiki Capital Management HK Ltd.’s 3rd Largest Position

Kontiki Capital Management HK Ltd. lifted its stake in Full Truck Alliance Co. Ltd. Sponsored ADR (NYSE:YMM) by 32.8% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 20,380,969 shares of the company’s stock after purchasing an additional 5,032,179 shares during the quarter. Full Truck Alliance accounts for 12.7% of Kontiki Capital Management HK Ltd.’s portfolio, making the stock its 3rd largest position. Kontiki Capital Management HK Ltd. owned about 1.95% of Full Truck Alliance worth $218,688,000 as of its most recent SEC filing.

A number of other hedge funds have also made changes to their positions in the stock. Capital International Sarl lifted its position in shares of Full Truck Alliance by 0.8% in the fourth quarter. Capital International Sarl now owns 266,548 shares of the company’s stock worth $2,860,000 after purchasing an additional 2,030 shares in the last quarter. Capital International Inc. CA increased its holdings in Full Truck Alliance by 1.1% in the fourth quarter. Capital International Inc. CA now owns 3,900,483 shares of the company’s stock worth $41,852,000 after buying an additional 40,641 shares during the last quarter. Capital International Investors increased its holdings in Full Truck Alliance by 13.9% in the fourth quarter. Capital International Investors now owns 16,533,004 shares of the company’s stock worth $177,399,000 after buying an additional 2,020,514 shares during the last quarter. Harvest Fund Management Co. Ltd increased its holdings in Full Truck Alliance by 23.4% in the fourth quarter. Harvest Fund Management Co. Ltd now owns 986,505 shares of the company’s stock worth $11,502,000 after buying an additional 187,102 shares during the last quarter. Finally, Norges Bank acquired a new position in Full Truck Alliance in the fourth quarter worth approximately $92,523,000. 39.02% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

YMM has been the topic of several analyst reports. Bank of America initiated coverage on Full Truck Alliance in a report on Tuesday, May 5th. They set a “buy” rating and a $11.30 price target on the stock. Citigroup reiterated a “buy” rating on shares of Full Truck Alliance in a 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 report on Wednesday, April 1st. Daiwa Securities Group downgraded 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. Finally, Morgan Stanley reiterated an “overweight” rating on shares of Full Truck Alliance in a report on Thursday, March 12th. Three investment analysts have rated the stock with a Buy rating and four have given a Hold rating to the company’s stock. According to data from MarketBeat, the company presently has an average rating of “Hold” and a consensus price target of $10.76.

Full Truck Alliance Stock Down 3.2%

Shares of YMM stock opened at $8.58 on Friday. Full Truck Alliance Co. Ltd. Sponsored ADR has a 12 month low of $8.04 and a 12 month high of $14.07. The business’s 50 day moving average is $8.61 and its two-hundred day moving average is $9.63. The company has a market cap of $8.95 billion, a PE ratio of 15.06, a price-to-earnings-growth ratio of 0.79 and a beta of 0.30.

Full Truck Alliance (NYSE:YMM) last announced its quarterly earnings results on Saturday, February 14th. The company reported $0.01 EPS for the quarter. The company had revenue of $456.32 million for the quarter. Full Truck Alliance had a return on equity of 10.52% and a net margin of 32.68%. 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. Stockholders of record on Wednesday, April 8th were paid a $0.084 dividend. The ex-dividend date was Wednesday, April 8th. This represents a dividend yield of 201.0%. Full Truck Alliance’s dividend payout ratio (DPR) is presently 24.56%.

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.