Tudor Investment Corp ET AL Invests $870,000 in Clean Energy Fuels Corp. (NASDAQ:CLNE)

Tudor Investment Corp ET AL purchased a new stake in shares of Clean Energy Fuels Corp. (NASDAQ:CLNE - Free Report) during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor purchased 346,803 shares of the utilities provider's stock, valued at approximately $870,000. Tudor Investment Corp ET AL owned about 0.16% of Clean Energy Fuels as of its most recent SEC filing.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Barclays PLC raised its position in Clean Energy Fuels by 252.1% in the 3rd quarter. Barclays PLC now owns 266,104 shares of the utilities provider's stock worth $828,000 after buying an additional 190,520 shares during the last quarter. Dimensional Fund Advisors LP lifted its holdings in shares of Clean Energy Fuels by 1.3% during the 4th quarter. Dimensional Fund Advisors LP now owns 9,498,040 shares of the utilities provider's stock valued at $23,840,000 after buying an additional 124,031 shares during the period. JPMorgan Chase & Co. boosted its stake in shares of Clean Energy Fuels by 309.5% in the 3rd quarter. JPMorgan Chase & Co. now owns 730,218 shares of the utilities provider's stock worth $2,271,000 after buying an additional 551,896 shares during the last quarter. IMC Chicago LLC grew its holdings in shares of Clean Energy Fuels by 7.4% in the fourth quarter. IMC Chicago LLC now owns 131,122 shares of the utilities provider's stock worth $329,000 after acquiring an additional 9,021 shares during the period. Finally, Rhumbline Advisers lifted its holdings in Clean Energy Fuels by 3.2% in the fourth quarter. Rhumbline Advisers now owns 279,006 shares of the utilities provider's stock valued at $700,000 after acquiring an additional 8,731 shares during the period. Institutional investors own 49.94% of the company's stock.

Wall Street Analyst Weigh In

Several equities research analysts have recently commented on CLNE shares. Raymond James reaffirmed a "strong-buy" rating and set a $4.00 price target (down previously from $5.00) on shares of Clean Energy Fuels in a research report on Tuesday, February 25th. Lake Street Capital decreased their price target on Clean Energy Fuels from $22.00 to $5.00 and set a "buy" rating on the stock in a report on Friday. UBS Group set a $2.00 target price on shares of Clean Energy Fuels and gave the stock a "buy" rating in a research report on Sunday, April 13th. Scotiabank cut their price target on Clean Energy Fuels from $6.00 to $4.00 and set a "sector outperform" rating for the company in a report on Friday, April 11th. Finally, StockNews.com downgraded shares of Clean Energy Fuels from a "hold" rating to a "sell" rating in a report on Wednesday, February 26th. One research 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's stock. According to MarketBeat.com, Clean Energy Fuels presently has a consensus rating of "Moderate Buy" and a consensus price target of $3.75.

Insider Activity at Clean Energy Fuels

In other Clean Energy Fuels news, CFO Robert M. Vreeland bought 15,000 shares of the business's stock in a transaction on Wednesday, February 26th. The shares were acquired at an average price of $1.94 per share, with a total value of $29,100.00. Following the transaction, the chief financial officer now owns 458,800 shares of the company's stock, valued at approximately $890,072. This trade represents a 3.38 % increase in their position. The purchase was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Insiders purchased 35,000 shares of company stock worth $64,100 in the last 90 days. 4.30% of the stock is owned by corporate insiders.

Clean Energy Fuels Trading Down 6.4 %

NASDAQ CLNE traded down $0.11 during trading on Friday, hitting $1.60. The stock had a trading volume of 2,727,690 shares, compared to its average volume of 2,053,549. The stock has a market capitalization of $358.34 million, a price-to-earnings ratio of -5.16 and a beta of 2.57. The stock has a 50 day simple moving average of $1.58 and a 200 day simple moving average of $2.41. Clean Energy Fuels Corp. has a one year low of $1.30 and a one year high of $3.67. The company has a debt-to-equity ratio of 0.36, a quick ratio of 2.74 and a current ratio of 3.06.

Clean Energy Fuels (NASDAQ:CLNE - Get Free Report) last posted its quarterly earnings data 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. Clean Energy Fuels had a negative return on equity of 7.59% and a negative net margin of 17.32%. The company had revenue of $103.76 million during the quarter, compared to analysts' expectations of $96.61 million. During the same quarter in the previous year, the business earned ($0.01) EPS. Clean Energy Fuels's revenue was up .1% compared to the same quarter last year. Sell-side analysts predict that Clean Energy Fuels Corp. will post -0.33 earnings per share for the current year.

Clean Energy Fuels Profile

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.