Barclays PLC Has $459,000 Position in Hyliion Holdings Corp. (NYSE:HYLN)

Barclays PLC grew its stake in Hyliion Holdings Corp. (NYSE:HYLN) by 272.1% in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 184,685 shares of the company’s stock after buying an additional 135,055 shares during the period. Barclays PLC owned 0.11% of Hyliion worth $459,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds also recently made changes to their positions in the company. HITE Hedge Asset Management LLC bought a new stake in Hyliion in the second quarter valued at approximately $656,000. Millennium Management LLC boosted its stake in shares of Hyliion by 64.8% in the 2nd quarter. Millennium Management LLC now owns 4,735,608 shares of the company’s stock valued at $7,672,000 after purchasing an additional 1,861,497 shares during the last quarter. Verition Fund Management LLC increased its position in shares of Hyliion by 52.9% during the third quarter. Verition Fund Management LLC now owns 33,700 shares of the company’s stock worth $84,000 after buying an additional 11,653 shares during the period. Jane Street Group LLC raised its stake in Hyliion by 79.3% during the third quarter. Jane Street Group LLC now owns 265,302 shares of the company’s stock worth $658,000 after buying an additional 117,358 shares during the last quarter. Finally, State Street Corp lifted its holdings in Hyliion by 0.6% in the third quarter. State Street Corp now owns 2,985,109 shares of the company’s stock valued at $7,403,000 after buying an additional 16,707 shares during the period. 22.81% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

Separately, Northland Capmk upgraded Hyliion to a “hold” rating in a report on Tuesday, October 1st.

Hyliion Stock Performance

Shares of HYLN stock opened at $2.37 on Friday. Hyliion Holdings Corp. has a fifty-two week low of $0.84 and a fifty-two week high of $4.09. The stock has a 50 day simple moving average of $2.89 and a two-hundred day simple moving average of $2.41. The company has a market cap of $411.74 million, a P/E ratio of -6.41 and a beta of 2.10.

Insider Activity at Hyliion

In other news, Director Jeffrey A. Craig acquired 50,000 shares of Hyliion stock in a transaction on Wednesday, November 20th. The stock was purchased at an average price of $2.95 per share, with a total value of $147,500.00. Following the completion of the purchase, the director now owns 282,060 shares of the company’s stock, valued at approximately $832,077. The trade was a 21.55 % increase in their position. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Vincent T. Cubbage sold 65,000 shares of the company’s stock in a transaction that occurred on Friday, November 22nd. The stock was sold at an average price of $3.90, for a total value of $253,500.00. Following the transaction, the director now directly owns 972,078 shares in the company, valued at $3,791,104.20. The trade was a 6.27 % decrease in their ownership of the stock. The disclosure for this sale can be found here. 20.40% of the stock is owned by corporate insiders.

Hyliion Profile