Grantham Mayo Van Otterloo & Co. LLC Has $30.58 Million Position in Clean Energy Fuels Corp. $CLNE

Grantham Mayo Van Otterloo & Co. LLC increased its stake in Clean Energy Fuels Corp. (NASDAQ:CLNE) by 2.0% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 11,851,464 shares of the utilities provider’s stock after purchasing an additional 237,816 shares during the period. Grantham Mayo Van Otterloo & Co. LLC owned 5.40% of Clean Energy Fuels worth $30,577,000 as of its most recent SEC filing.

Several other large investors have also recently bought and sold shares of the company. JPMorgan Chase & Co. boosted its position in Clean Energy Fuels by 765.1% in the 3rd quarter. JPMorgan Chase & Co. now owns 2,457,876 shares of the utilities provider’s stock valued at $6,341,000 after buying an additional 2,173,771 shares during the last quarter. Manatuck Hill Partners LLC bought a new stake in shares of Clean Energy Fuels during the second quarter worth $878,000. Empowered Funds LLC bought a new stake in shares of Clean Energy Fuels during the first quarter worth $579,000. Vanguard Group Inc. lifted its stake in shares of Clean Energy Fuels by 3.1% during the third quarter. Vanguard Group Inc. now owns 11,402,549 shares of the utilities provider’s stock valued at $29,419,000 after acquiring an additional 341,333 shares during the period. Finally, AQR Capital Management LLC lifted its stake in shares of Clean Energy Fuels by 458.4% during the first quarter. AQR Capital Management LLC now owns 407,394 shares of the utilities provider’s stock valued at $631,000 after acquiring an additional 334,437 shares during the period. Institutional investors and hedge funds own 49.94% of the company’s stock.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings reiterated a “sell (d-)” rating on shares of Clean Energy Fuels in a research report on Wednesday, January 21st. Three equities research analysts have rated the stock with a Buy rating, one has issued a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat.com, the stock has an average rating of “Hold” and a consensus target price of $3.49.

Clean Energy Fuels Trading Up 0.8%

NASDAQ:CLNE opened at $2.38 on Monday. Clean Energy Fuels Corp. has a 1-year low of $1.30 and a 1-year high of $3.11. The business’s 50-day moving average price is $2.34 and its two-hundred day moving average price is $2.44. The company has a current ratio of 2.32, a quick ratio of 2.03 and a debt-to-equity ratio of 0.41. The firm has a market capitalization of $522.24 million, a price-to-earnings ratio of -2.38 and a beta of 2.15.

Clean Energy Fuels Company Profile

Clean Energy Fuels Corp., founded in 1997 and headquartered in Newport Beach, California, is a leading provider of natural gas and renewable natural gas (RNG) fuel for the transportation sector. The company operates a network of more than 500 fueling stations across the United States and Canada, supplying compressed natural gas (CNG), liquefied natural gas (LNG) and RNG derived from organic waste streams. Clean Energy serves a diverse customer base that includes commercial trucking fleets, public transit agencies, refuse haulers and municipal vehicle operators.

In addition to fuel supply, Clean Energy offers turnkey station design, construction and ongoing maintenance services, as well as fueling hardware and project management.