Haymaker Acquisition Corp. 4 (NYSE:HYAC) Upgraded at Zacks Research

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

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

Haymaker Acquisition Corp. 4 Trading Up 0.2%

HYAC opened at $11.48 on Thursday. Haymaker Acquisition Corp. 4 has a 52-week low of $10.88 and a 52-week high of $11.50. The stock has a 50-day moving average of $11.42 and a 200-day moving average of $11.34.

Institutional Investors Weigh In On Haymaker Acquisition Corp. 4

A number of institutional investors and hedge funds have recently made changes to their positions in HYAC. Berkley W R Corp boosted its stake 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 valued at $22,353,000 after purchasing an additional 284,195 shares during the last quarter. Wolverine Asset Management LLC boosted its position in shares of 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 period. JPMorgan Chase & Co. acquired a new position in Haymaker Acquisition Corp. 4 during the second quarter worth $1,110,000. Finally, Radcliffe Capital Management L.P. boosted its holdings in shares of Haymaker Acquisition Corp. 4 by 665.5% in the 3rd quarter. Radcliffe Capital Management L.P. now owns 76,631 shares of the company’s stock valued at $869,000 after buying an additional 66,620 shares during the last quarter. 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.