Jane Street Group LLC Acquires New Holdings in Clean Energy Fuels Corp (CLNE)

Jane Street Group LLC acquired a new stake in shares of Clean Energy Fuels Corp (NASDAQ:CLNE) in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund acquired 55,436 shares of the utilities provider’s stock, valued at approximately $95,000.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the stock. Metropolitan Life Insurance Co. NY raised its position in Clean Energy Fuels by 352.8% during the fourth quarter. Metropolitan Life Insurance Co. NY now owns 48,681 shares of the utilities provider’s stock worth $84,000 after acquiring an additional 37,929 shares in the last quarter. MetLife Investment Advisors LLC raised its position in Clean Energy Fuels by 9.0% during the fourth quarter. MetLife Investment Advisors LLC now owns 71,620 shares of the utilities provider’s stock worth $123,000 after acquiring an additional 5,915 shares in the last quarter. Bank of America Corp DE raised its position in Clean Energy Fuels by 118.4% during the fourth quarter. Bank of America Corp DE now owns 90,923 shares of the utilities provider’s stock worth $156,000 after acquiring an additional 49,296 shares in the last quarter. Two Sigma Securities LLC raised its position in Clean Energy Fuels by 34.7% during the fourth quarter. Two Sigma Securities LLC now owns 21,068 shares of the utilities provider’s stock worth $36,000 after acquiring an additional 5,433 shares in the last quarter. Finally, Brandywine Global Investment Management LLC raised its position in Clean Energy Fuels by 6.1% during the fourth quarter. Brandywine Global Investment Management LLC now owns 109,040 shares of the utilities provider’s stock worth $188,000 after acquiring an additional 6,280 shares in the last quarter. Hedge funds and other institutional investors own 27.75% of the company’s stock.

Several equities analysts have commented on CLNE shares. Raymond James reiterated a “sell” rating on shares of Clean Energy Fuels in a report on Wednesday, December 26th. Zacks Investment Research downgraded shares of Clean Energy Fuels from a “hold” rating to a “sell” rating in a report on Monday, December 31st. ValuEngine upgraded shares of Clean Energy Fuels from a “sell” rating to a “hold” rating in a report on Wednesday, January 2nd. Finally, BidaskClub upgraded shares of Clean Energy Fuels from a “strong sell” rating to a “sell” rating in a report on Saturday, January 5th.

NASDAQ:CLNE opened at $3.15 on Monday. Clean Energy Fuels Corp has a one year low of $1.54 and a one year high of $4.05. The firm has a market capitalization of $644.65 million, a price-to-earnings ratio of -52.50 and a beta of 2.12. The company has a debt-to-equity ratio of 0.15, a quick ratio of 2.38 and a current ratio of 2.81.

Clean Energy Fuels (NASDAQ:CLNE) last released its quarterly earnings data on Tuesday, March 12th. The utilities provider reported ($0.02) EPS for the quarter, beating the Thomson Reuters’ consensus estimate of ($0.04) by $0.02. Clean Energy Fuels had a negative net margin of 1.09% and a negative return on equity of 2.11%. The firm had revenue of $96.23 million for the quarter, compared to the consensus estimate of $85.30 million. On average, analysts predict that Clean Energy Fuels Corp will post -0.09 earnings per share for the current fiscal year.

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Clean Energy Fuels Profile

Clean Energy Fuels Corp. provides natural gas as an alternative fuel for vehicle fleets in the United States and Canada. The company supplies renewable natural gas (RNG), compressed natural gas (CNG), and liquefied natural gas (LNG) for light, medium, and heavy-duty vehicles; and offers operation and maintenance services for public and private vehicle fleet customer stations.

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Institutional Ownership by Quarter for Clean Energy Fuels (NASDAQ:CLNE)

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