Golden State Wealth Management LLC Takes $63,000 Position in Clean Energy Fuels Corp. (NASDAQ:CLNE)

Golden State Wealth Management LLC acquired a new position in shares of Clean Energy Fuels Corp. (NASDAQ:CLNE) in the 4th quarter, HoldingsChannel reports. The fund acquired 25,000 shares of the utilities provider’s stock, valued at approximately $63,000.

Other hedge funds and other institutional investors have also bought and sold shares of the company. JPMorgan Chase & Co. grew its holdings in Clean Energy Fuels by 309.5% in the 3rd 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 during the last quarter. Barclays PLC boosted its position in shares of Clean Energy Fuels by 252.1% in the third quarter. Barclays PLC now owns 266,104 shares of the utilities provider’s stock valued at $828,000 after acquiring an additional 190,520 shares during the period. Inspire Investing LLC acquired a new stake in shares of Clean Energy Fuels in the third quarter worth $411,000. HITE Hedge Asset Management LLC increased its position in Clean Energy Fuels by 26.8% during the third quarter. HITE Hedge Asset Management LLC now owns 603,533 shares of the utilities provider’s stock worth $1,877,000 after acquiring an additional 127,712 shares during the period. Finally, Geode Capital Management LLC raised its stake in Clean Energy Fuels by 3.1% during the 3rd quarter. Geode Capital Management LLC now owns 4,203,217 shares of the utilities provider’s stock valued at $13,075,000 after purchasing an additional 126,760 shares during the last quarter. 49.94% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Separately, StockNews.com upgraded shares of Clean Energy Fuels from a “sell” rating to a “hold” rating in a research report on Tuesday, February 4th.

Clean Energy Fuels Price Performance

Shares of CLNE stock opened at $3.40 on Tuesday. Clean Energy Fuels Corp. has a 12 month low of $2.17 and a 12 month high of $3.67. The company has a market capitalization of $759.75 million, a P/E ratio of -10.97 and a beta of 2.18. The stock has a 50 day moving average of $2.89 and a two-hundred day moving average of $2.92. The company has a current ratio of 3.06, a quick ratio of 2.74 and a debt-to-equity ratio of 0.36.

Clean Energy Fuels Company 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.