SG Americas Securities LLC Acquires 42,792 Shares of LanzaTech Global, Inc. (NASDAQ:LNZA)

SG Americas Securities LLC increased its holdings in shares of LanzaTech Global, Inc. (NASDAQ:LNZA) by 113.7% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 80,420 shares of the company’s stock after buying an additional 42,792 shares during the period. SG Americas Securities LLC’s holdings in LanzaTech Global were worth $110,000 at the end of the most recent quarter.

Other large investors have also bought and sold shares of the company. Intech Investment Management LLC bought a new stake in shares of LanzaTech Global during the 3rd quarter valued at $29,000. The Manufacturers Life Insurance Company acquired a new stake in shares of LanzaTech Global during the second quarter worth $92,000. JPMorgan Chase & Co. lifted its stake in LanzaTech Global by 181.5% in the third quarter. JPMorgan Chase & Co. now owns 135,530 shares of the company’s stock valued at $259,000 after buying an additional 87,392 shares during the period. Barclays PLC boosted its holdings in LanzaTech Global by 322.3% during the third quarter. Barclays PLC now owns 160,226 shares of the company’s stock worth $306,000 after buying an additional 122,289 shares during the last quarter. Finally, Healthcare of Ontario Pension Plan Trust Fund grew its position in shares of LanzaTech Global by 8.8% during the 3rd quarter. Healthcare of Ontario Pension Plan Trust Fund now owns 227,627 shares of the company’s stock worth $435,000 after buying an additional 18,391 shares during the period. 17.76% of the stock is currently owned by institutional investors and hedge funds.

LanzaTech Global Price Performance

Shares of LNZA stock opened at $0.68 on Thursday. The company has a quick ratio of 2.91, a current ratio of 2.91 and a debt-to-equity ratio of 6.64. LanzaTech Global, Inc. has a 12-month low of $0.66 and a 12-month high of $3.91. The firm has a fifty day moving average of $1.25 and a 200-day moving average of $1.46. The firm has a market capitalization of $135.29 million, a price-to-earnings ratio of -1.05 and a beta of 1.29.

Analyst Ratings Changes

Separately, TD Cowen lowered their price target on LanzaTech Global from $3.00 to $2.00 and set a “hold” rating for the company in a research note on Monday, November 11th.

LanzaTech Global Company Profile

LanzaTech Global, Inc operates as a nature-based carbon refining company in the United States and internationally. The company transforms waste carbon into the chemical building blocks for consumer goods, such as sustainable fuels, fabrics, and packaging. It is also developing biocatalysts and processes to produce a suite of additional products utilizing novel biocatalysts, including acetone and isopropanol (IPA) and industrial solvents used in various applications, including production of polymers from IPA.