Clean Energy Fuels Corp. (NASDAQ:CLNE) Shares Sold by Voya Investment Management LLC

Voya Investment Management LLC lessened its stake in Clean Energy Fuels Corp. (NASDAQ:CLNE - Free Report) by 25.7% in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 929,906 shares of the utilities provider's stock after selling 321,790 shares during the quarter. Voya Investment Management LLC owned about 0.42% of Clean Energy Fuels worth $2,334,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently added to or reduced their stakes in the stock. Dimensional Fund Advisors LP raised 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 worth $23,840,000 after acquiring an additional 124,031 shares during the period. Global Alpha Capital Management Ltd. increased its position in Clean Energy Fuels by 3.4% during the fourth quarter. Global Alpha Capital Management Ltd. now owns 7,392,476 shares of the utilities provider's stock worth $18,555,000 after purchasing an additional 246,500 shares during the last quarter. Charles Schwab Investment Management Inc. raised its stake in Clean Energy Fuels by 0.8% during the fourth quarter. Charles Schwab Investment Management Inc. now owns 1,455,351 shares of the utilities provider's stock worth $3,653,000 after purchasing an additional 12,169 shares during the period. JPMorgan Chase & Co. boosted its holdings in Clean Energy Fuels by 41.0% in the 4th quarter. JPMorgan Chase & Co. now owns 1,029,482 shares of the utilities provider's stock valued at $2,584,000 after purchasing an additional 299,264 shares during the last quarter. Finally, Coppell Advisory Solutions LLC grew its stake in shares of Clean Energy Fuels by 1,635.8% in the 4th 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 during the period. Hedge funds and other institutional investors own 49.94% of the company's stock.

Clean Energy Fuels Trading Up 3.6 %

Shares of NASDAQ CLNE traded up $0.06 during trading on Tuesday, reaching $1.57. The stock had a trading volume of 2,905,941 shares, compared to its average volume of 2,035,446. The company has a debt-to-equity ratio of 0.36, a quick ratio of 2.74 and a current ratio of 3.06. The company has a market cap of $350.50 million, a P/E ratio of -5.05 and a beta of 2.57. Clean Energy Fuels Corp. has a fifty-two week low of $1.30 and a fifty-two week high of $3.67. The business's 50-day moving average price is $1.60 and its 200-day moving average price is $2.44.

Clean Energy Fuels (NASDAQ:CLNE - Get Free Report) last released its earnings results on Monday, February 24th. The utilities provider reported $0.02 earnings per share for the quarter, beating the consensus estimate of ($0.02) by $0.04. 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 $109.33 million during the quarter, compared to the consensus estimate of $102.60 million. During the same period in the previous year, the company posted $0.01 EPS. On average, equities research analysts predict that Clean Energy Fuels Corp. will post -0.33 EPS for the current fiscal year.

Analyst Ratings Changes

CLNE has been the topic of a number of recent analyst reports. UBS Group set a $2.00 price objective on Clean Energy Fuels and gave the company a "buy" rating in a report on Sunday, April 13th. Scotiabank cut their price objective on 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. Raymond James reaffirmed a "strong-buy" rating and issued a $4.00 target price (down previously from $5.00) on shares of Clean Energy Fuels in a research report on Tuesday, February 25th. Finally, StockNews.com cut shares of Clean Energy Fuels from a "hold" rating to a "sell" rating in a research report on Wednesday, February 26th.

Insiders Place Their Bets

In related news, CFO Robert M. Vreeland acquired 15,000 shares of the business's stock in a transaction dated 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 completion of the transaction, the chief financial officer now owns 458,800 shares of the company's stock, valued at $890,072. The trade was a 3.38 % increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Insiders have acquired a total of 35,000 shares of company stock worth $64,100 in the last ninety days. 4.30% of the stock is owned by corporate insiders.

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.