Parametrica Management Ltd Acquires 70,599 Shares of Full Truck Alliance Co. Ltd. (NYSE:YMM)

Parametrica Management Ltd increased its holdings in shares of Full Truck Alliance Co. Ltd. (NYSE:YMM) by 24.8% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 355,280 shares of the company’s stock after acquiring an additional 70,599 shares during the quarter. Full Truck Alliance comprises 4.1% of Parametrica Management Ltd’s investment portfolio, making the stock its 8th biggest position. Parametrica Management Ltd’s holdings in Full Truck Alliance were worth $2,491,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Vanguard Personalized Indexing Management LLC boosted its holdings in Full Truck Alliance by 25.6% in the 3rd quarter. Vanguard Personalized Indexing Management LLC now owns 26,937 shares of the company’s stock valued at $190,000 after purchasing an additional 5,484 shares during the last quarter. abrdn plc boosted its holdings in Full Truck Alliance by 11.1% in the 4th quarter. abrdn plc now owns 34,748 shares of the company’s stock valued at $244,000 after purchasing an additional 3,473 shares during the last quarter. Mirae Asset Global Investments Co. Ltd. boosted its holdings in Full Truck Alliance by 216.6% in the 4th quarter. Mirae Asset Global Investments Co. Ltd. now owns 57,451 shares of the company’s stock valued at $403,000 after purchasing an additional 39,302 shares during the last quarter. Bank of New York Mellon Corp boosted its holdings in Full Truck Alliance by 3.4% in the 3rd quarter. Bank of New York Mellon Corp now owns 85,844 shares of the company’s stock valued at $604,000 after purchasing an additional 2,786 shares during the last quarter. Finally, Deutsche Bank AG boosted its holdings in Full Truck Alliance by 146.8% in the 3rd quarter. Deutsche Bank AG now owns 109,398 shares of the company’s stock valued at $770,000 after purchasing an additional 65,076 shares during the last quarter. 39.02% of the stock is currently owned by institutional investors and hedge funds.

Full Truck Alliance Stock Performance

NYSE:YMM traded up $0.40 on Friday, hitting $8.77. The stock had a trading volume of 15,141,256 shares, compared to its average volume of 7,121,932. The company has a fifty day moving average price of $7.25 and a two-hundred day moving average price of $7.00. Full Truck Alliance Co. Ltd. has a 1-year low of $5.41 and a 1-year high of $8.85.

Full Truck Alliance (NYSE:YMM) last released its quarterly earnings results on Thursday, March 7th. The company reported $0.08 earnings per share (EPS) for the quarter, meeting analysts’ consensus estimates of $0.08. The business had revenue of $339.15 million for the quarter, compared to the consensus estimate of $322.13 million. Full Truck Alliance had a net margin of 26.19% and a return on equity of 6.69%. Analysts forecast that Full Truck Alliance Co. Ltd. will post 0.39 EPS for the current year.

Full Truck Alliance Dividend Announcement

The business also recently declared an annual dividend, which was paid on Friday, April 19th. Stockholders of record on Friday, April 5th were paid a $0.144 dividend. This represents a dividend yield of 1.84%. The ex-dividend date was Thursday, April 4th. Full Truck Alliance’s dividend payout ratio (DPR) is 43.33%.

About Full Truck Alliance

Full Truck Alliance Co Ltd., together with its subsidiaries, operates a digital freight platform that connects shippers with truckers to facilitate shipments across distance ranges, cargo weights, and types in the People's Republic of China. The company offers freight matching services, such as freight listing and brokerage services; and online transaction services, as well as various value-added services, such as credit solutions, insurance brokerage, software solutions, electronic toll collection, and energy services.