D. E. Shaw & Co. Inc. cut its stake in Hyliion Holdings Corp. (NYSE:HYLN - Free Report) by 14.8% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 2,949,691 shares of the company's stock after selling 511,755 shares during the quarter. D. E. Shaw & Co. Inc. owned approximately 1.70% of Hyliion worth $7,699,000 as of its most recent filing with the Securities and Exchange Commission.
Other large investors also recently made changes to their positions in the company. Barclays PLC lifted its stake in Hyliion by 272.1% during the third quarter. Barclays PLC now owns 184,685 shares of the company's stock worth $459,000 after purchasing an additional 135,055 shares during the period. SG Americas Securities LLC grew its holdings in Hyliion by 118.9% during the 4th quarter. SG Americas Securities LLC now owns 57,814 shares of the company's stock worth $151,000 after acquiring an additional 31,408 shares during the period. Rhumbline Advisers grew its holdings in Hyliion by 4.3% during the 4th quarter. Rhumbline Advisers now owns 219,617 shares of the company's stock worth $573,000 after acquiring an additional 8,979 shares during the period. Charles Schwab Investment Management Inc. grew its holdings in shares of Hyliion by 0.8% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 1,065,720 shares of the company's stock valued at $2,782,000 after buying an additional 8,326 shares during the period. Finally, Raymond James Financial Inc. acquired a new position in shares of Hyliion in the 4th quarter valued at $43,000. Institutional investors own 22.81% of the company's stock.
Hyliion Price Performance
NYSE:HYLN traded down $0.04 on Monday, hitting $1.34. 1,195,551 shares of the company's stock were exchanged, compared to its average volume of 985,770. The firm has a 50-day moving average price of $1.50 and a 200-day moving average price of $2.16. The company has a market cap of $234.26 million, a P/E ratio of -3.62 and a beta of 2.76. Hyliion Holdings Corp. has a 52 week low of $1.17 and a 52 week high of $4.10.
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