117,000 Shares in HH&L Acquisition Co. (NYSE:HHLA) Purchased by Allianz Asset Management GmbH

Allianz Asset Management GmbH purchased a new stake in shares of HH&L Acquisition Co. (NYSE:HHLAGet Rating) in the fourth quarter, according to its most recent Form 13F filing with the SEC. The firm purchased 117,000 shares of the company’s stock, valued at approximately $1,138,000. Allianz Asset Management GmbH owned 0.23% of HH&L Acquisition at the end of the most recent reporting period.

A number of other large investors have also bought and sold shares of the stock. Penserra Capital Management LLC purchased a new position in HH&L Acquisition during the fourth quarter valued at $87,000. Kohlberg Kravis Roberts & Co. L.P. increased its holdings in shares of HH&L Acquisition by 23.4% during the fourth quarter. Kohlberg Kravis Roberts & Co. L.P. now owns 22,135 shares of the company’s stock valued at $215,000 after acquiring an additional 4,194 shares in the last quarter. Graham Capital Wealth Management LLC purchased a new position in shares of HH&L Acquisition in the 4th quarter worth about $249,000. CSS LLC IL bought a new position in HH&L Acquisition in the 3rd quarter worth about $403,000. Finally, Berkley W R Corp purchased a new stake in HH&L Acquisition during the 3rd quarter valued at about $1,257,000. 60.10% of the stock is currently owned by institutional investors and hedge funds.

HH&L Acquisition stock remained flat at $$9.79 during trading hours on Tuesday. 13 shares of the company’s stock traded hands, compared to its average volume of 27,941. The stock has a 50-day simple moving average of $9.81 and a 200-day simple moving average of $9.76. The company has a market cap of $506.63 million, a PE ratio of -17.18 and a beta of -0.03. HH&L Acquisition Co. has a twelve month low of $9.60 and a twelve month high of $9.95.

HH&L Acquisition (NYSE:HHLAGet Rating) last announced its quarterly earnings results on Wednesday, March 30th. The company reported ($0.09) earnings per share for the quarter.

HH&L Acquisition Profile (Get Rating)

HH&L Acquisition Co focuses on effecting a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses. It intends to focus on healthcare or healthcare-related companies in Asian markets. The company was incorporated in 2020 and is based in Central, Hong Kong.

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Institutional Ownership by Quarter for HH&L Acquisition (NYSE:HHLA)

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