D. E. Shaw & Co. Inc. Has $3.12 Million Holdings in Clean Energy Fuels Corp. (NASDAQ:CLNE)

D. E. Shaw & Co. Inc. lifted its position in Clean Energy Fuels Corp. (NASDAQ:CLNE - Free Report) by 56.9% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 1,241,708 shares of the utilities provider's stock after buying an additional 450,143 shares during the quarter. D. E. Shaw & Co. Inc. owned about 0.56% of Clean Energy Fuels worth $3,117,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also made changes to their positions in CLNE. Coppell Advisory Solutions LLC grew its stake in shares of Clean Energy Fuels by 1,635.8% in the fourth quarter. Coppell Advisory Solutions LLC now owns 734,640 shares of the utilities provider's stock valued at $1,829,000 after buying an additional 692,318 shares in the last quarter. JPMorgan Chase & Co. grew its stake in shares of Clean Energy Fuels by 309.5% in the third quarter. JPMorgan Chase & Co. now owns 730,218 shares of the utilities provider's stock valued at $2,271,000 after buying an additional 551,896 shares in the last quarter. Tudor Investment Corp ET AL bought a new position in shares of Clean Energy Fuels in the fourth quarter valued at $870,000. Natixis bought a new position in shares of Clean Energy Fuels in the fourth quarter valued at $821,000. Finally, Adage Capital Partners GP L.L.C. bought a new position in shares of Clean Energy Fuels in the fourth quarter valued at $753,000. 49.94% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

CLNE has been the subject of a number of research analyst reports. UBS Group set a $2.00 price objective on shares of Clean Energy Fuels and gave the stock a "buy" rating in a research report on Sunday, April 13th. Raymond James reaffirmed a "strong-buy" rating and set a $4.00 price objective (down from $5.00) on shares of Clean Energy Fuels in a research report on Tuesday, February 25th. Lake Street Capital reduced their price objective on shares of Clean Energy Fuels from $22.00 to $5.00 and set a "buy" rating for the company in a research report on Friday, May 9th. Wall Street Zen cut shares of Clean Energy Fuels from a "hold" rating to a "sell" rating in a research report on Wednesday, February 26th. Finally, Scotiabank reduced their price objective on shares of Clean Energy Fuels from $6.00 to $4.00 and set a "sector outperform" rating for the company in a research report on Friday, April 11th. One analyst has rated the stock with a sell rating, three have given a buy rating and one has assigned a strong buy rating to the company. According to MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and an average target price of $3.75.

Insider Activity

In other Clean Energy Fuels news, CFO Robert M. Vreeland bought 15,000 shares of Clean Energy Fuels stock in a transaction dated Wednesday, February 26th. The stock was bought at an average price of $1.94 per share, with a total value of $29,100.00. Following the completion of the transaction, the chief financial officer now owns 458,800 shares in the company, valued at $890,072. The trade was a 3.38% increase in their position. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Over the last 90 days, insiders acquired 35,000 shares of company stock valued at $64,100. 4.30% of the stock is owned by company insiders.

Clean Energy Fuels Stock Performance

Shares of Clean Energy Fuels stock traded up $0.01 during trading on Friday, reaching $1.87. The company's stock had a trading volume of 3,140,687 shares, compared to its average volume of 2,130,970. The business's 50-day moving average price is $1.60 and its 200-day moving average price is $2.35. The firm has a market cap of $413.24 million, a PE ratio of -6.03 and a beta of 2.57. Clean Energy Fuels Corp. has a 52 week low of $1.30 and a 52 week high of $3.67. The company has a quick ratio of 2.74, a current ratio of 3.06 and a debt-to-equity ratio of 0.36.

Clean Energy Fuels (NASDAQ:CLNE - Get Free Report) last announced its earnings results on Thursday, May 8th. The utilities provider reported $0.01 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of ($0.20) by $0.21. The company had revenue of $103.76 million during the quarter, compared to analysts' expectations of $96.61 million. Clean Energy Fuels had a negative net margin of 17.32% and a negative return on equity of 7.59%. Clean Energy Fuels's quarterly revenue was up .1% on a year-over-year basis. During the same quarter in the previous year, the business posted ($0.01) earnings per share. Equities analysts forecast that Clean Energy Fuels Corp. will post -0.33 earnings per share for the current year.

About Clean Energy Fuels

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