Healthcare of Ontario Pension Plan Trust Fund Has $644,000 Stock Holdings in LanzaTech Global, Inc. (NASDAQ:LNZA)

Healthcare of Ontario Pension Plan Trust Fund boosted its position in LanzaTech Global, Inc. (NASDAQ:LNZA) by 14.4% in the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 207,940 shares of the company’s stock after buying an additional 26,097 shares during the period. Healthcare of Ontario Pension Plan Trust Fund owned approximately 0.11% of LanzaTech Global worth $644,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Vanguard Group Inc. increased its position in LanzaTech Global by 1,631.0% in the 3rd quarter. Vanguard Group Inc. now owns 5,915,847 shares of the company’s stock valued at $27,627,000 after buying an additional 5,574,089 shares in the last quarter. Van ECK Associates Corp grew its holdings in shares of LanzaTech Global by 52.3% in the fourth quarter. Van ECK Associates Corp now owns 510,257 shares of the company’s stock valued at $2,567,000 after acquiring an additional 175,290 shares in the last quarter. Green Alpha Advisors LLC grew its holdings in shares of LanzaTech Global by 3.2% in the first quarter. Green Alpha Advisors LLC now owns 119,559 shares of the company’s stock valued at $370,000 after acquiring an additional 3,687 shares in the last quarter. Mitsubishi UFJ Asset Management Co. Ltd. bought a new position in shares of LanzaTech Global in the fourth quarter valued at approximately $201,000. Finally, Daiwa Securities Group Inc. bought a new position in shares of LanzaTech Global in the fourth quarter valued at approximately $63,000. 17.76% of the stock is owned by institutional investors.

Analysts Set New Price Targets

Separately, TD Cowen started coverage on LanzaTech Global in a report on Tuesday, May 7th. They issued a “hold” rating and a $3.00 target price for the company.

LanzaTech Global Trading Up 8.2 %

LanzaTech Global stock opened at $2.12 on Friday. LanzaTech Global, Inc. has a 12 month low of $1.41 and a 12 month high of $8.70. The company has a current ratio of 6.89, a quick ratio of 6.89 and a debt-to-equity ratio of 0.21. The business’s 50 day simple moving average is $2.14 and its 200 day simple moving average is $2.92.

LanzaTech Global (NASDAQ:LNZA) last posted its earnings results on Thursday, May 9th. The company reported ($0.13) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.12) by ($0.01). The company had revenue of $10.24 million for the quarter, compared to analysts’ expectations of $11.09 million. LanzaTech Global had a negative return on equity of 79.28% and a negative net margin of 152.29%. During the same quarter in the prior year, the company earned ($0.58) EPS. As a group, research analysts expect that LanzaTech Global, Inc. will post -0.42 EPS for the current fiscal year.

About LanzaTech Global

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.