683 Capital Management LLC acquired a new stake in Hyliion Holdings Corp. (NYSE:HYLN - Free Report) during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund acquired 350,000 shares of the company's stock, valued at approximately $914,000. 683 Capital Management LLC owned 0.20% of Hyliion at the end of the most recent quarter.
Several other hedge funds and other institutional investors have also recently modified their holdings of HYLN. Charles Schwab Investment Management Inc. raised its holdings in shares of Hyliion by 0.8% during the fourth quarter. Charles Schwab Investment Management Inc. now owns 1,065,720 shares of the company's stock valued at $2,782,000 after acquiring an additional 8,326 shares in the last quarter. Rhumbline Advisers raised its holdings in Hyliion by 4.3% in the 4th quarter. Rhumbline Advisers now owns 219,617 shares of the company's stock worth $573,000 after purchasing an additional 8,979 shares in the last quarter. Xponance Inc. purchased a new stake in shares of Hyliion in the 4th quarter worth about $29,000. Price T Rowe Associates Inc. MD boosted its stake in shares of Hyliion by 11.0% during the 4th quarter. Price T Rowe Associates Inc. MD now owns 121,536 shares of the company's stock valued at $318,000 after purchasing an additional 12,007 shares in the last quarter. Finally, Cibc World Markets Corp purchased a new position in shares of Hyliion during the fourth quarter valued at about $34,000. 22.81% of the stock is owned by institutional investors.
Hyliion Stock Up 7.3 %
Shares of NYSE:HYLN traded up $0.11 during trading on Friday, hitting $1.62. The stock had a trading volume of 708,935 shares, compared to its average volume of 957,171. The company has a market capitalization of $283.21 million, a PE ratio of -4.38 and a beta of 2.52. The firm's fifty day moving average is $1.49 and its 200 day moving average is $2.22. Hyliion Holdings Corp. has a 12 month low of $1.17 and a 12 month high of $4.10.
About Hyliion
(
Free Report)
Featured Articles
Before you consider Hyliion, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Hyliion wasn't on the list.
While Hyliion currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Looking to profit from the electric vehicle mega-trend? Enter your email address and we'll send you our list of which EV stocks show the most long-term potential.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
