Grantham Mayo Van Otterloo & Co. LLC Purchases 237,816 Shares of Clean Energy Fuels Corp. $CLNE

Grantham Mayo Van Otterloo & Co. LLC boosted its position in shares of Clean Energy Fuels Corp. (NASDAQ:CLNE) by 2.0% in the third quarter, Holdings Channel reports. The firm 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 0.05% of Clean Energy Fuels worth $30,577,000 at the end of the most recent quarter.

Several other hedge funds also recently bought and sold shares of CLNE. JPMorgan Chase & Co. raised its holdings in Clean Energy Fuels by 765.1% in the third quarter. JPMorgan Chase & Co. now owns 2,457,876 shares of the utilities provider’s stock worth $6,341,000 after purchasing an additional 2,173,771 shares during the period. Manatuck Hill Partners LLC acquired a new position in shares of Clean Energy Fuels in the 2nd quarter valued at $878,000. Empowered Funds LLC acquired a new position in shares of Clean Energy Fuels in the 1st quarter valued at $579,000. Vanguard Group Inc. increased its position in shares of Clean Energy Fuels by 3.1% in the 3rd quarter. Vanguard Group Inc. now owns 11,402,549 shares of the utilities provider’s stock valued at $29,419,000 after buying an additional 341,333 shares in the last quarter. Finally, AQR Capital Management LLC raised its stake in Clean Energy Fuels by 458.4% during the 1st quarter. AQR Capital Management LLC now owns 407,394 shares of the utilities provider’s stock worth $631,000 after buying an additional 334,437 shares during the period. 49.94% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

Separately, Weiss Ratings reiterated a “sell (d-)” rating on shares of Clean Energy Fuels in a report on Wednesday, January 21st. Three investment analysts have rated the stock with a Buy rating, one has given a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat.com, the stock presently has a consensus 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. The company has a market cap of $522.24 million, a P/E ratio of -2.38 and a beta of 2.15. Clean Energy Fuels Corp. has a twelve month low of $1.30 and a twelve month high of $3.11. The business has a 50 day moving average price of $2.34 and a two-hundred day moving average price of $2.44. The company has a quick ratio of 2.03, a current ratio of 2.32 and a debt-to-equity ratio of 0.41.

About Clean Energy Fuels

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.