Haymaker Acquisition Corp. 4 (NYSE:HYAC) Stock Rating Upgraded by Zacks Research

Haymaker Acquisition Corp. 4 (NYSE:HYAC) was upgraded by investment analysts at Zacks Research to a “hold” rating in a research report issued on Thursday,Zacks.com reports.

Separately, Weiss Ratings restated a “sell (d+)” rating on shares of Haymaker Acquisition Corp. 4 in a report on Monday, December 29th. One equities research analyst has rated the stock with a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, the company presently has an average rating of “Reduce”.

Haymaker Acquisition Corp. 4 Stock Up 0.2%

Shares of Haymaker Acquisition Corp. 4 stock opened at $11.48 on Thursday. Haymaker Acquisition Corp. 4 has a 1-year low of $10.88 and a 1-year high of $11.50. The company has a 50 day moving average of $11.42 and a 200-day moving average of $11.34.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently bought and sold shares of the business. Berkley W R Corp boosted its holdings in shares of Haymaker Acquisition Corp. 4 by 16.9% in the 4th quarter. Berkley W R Corp now owns 1,964,207 shares of the company’s stock worth $22,353,000 after buying an additional 284,195 shares during the last quarter. Wolverine Asset Management LLC increased its holdings in Haymaker Acquisition Corp. 4 by 1.2% during the fourth quarter. Wolverine Asset Management LLC now owns 1,459,677 shares of the company’s stock worth $16,611,000 after buying an additional 17,245 shares during the last quarter. JPMorgan Chase & Co. bought a new stake in Haymaker Acquisition Corp. 4 in the second quarter worth about $1,110,000. Finally, Radcliffe Capital Management L.P. raised its position in Haymaker Acquisition Corp. 4 by 665.5% in the third quarter. Radcliffe Capital Management L.P. now owns 76,631 shares of the company’s stock worth $869,000 after acquiring an additional 66,620 shares during the period. Hedge funds and other institutional investors own 71.07% of the company’s stock.

About Haymaker Acquisition Corp. 4

Haymaker Acquisition Corp. 4, launched in 2021, is a special purpose acquisition company incorporated in Delaware. The company’s sole purpose is to effect a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses. It is listed on the New York Stock Exchange under the ticker symbol HYAC.

The sponsor of the company is Haymaker Capital Investments, a US-based investment management firm that focuses on equity investments across a range of industries.