SG Americas Securities LLC Reduces Stake in Clean Energy Fuels Corp. (NASDAQ:CLNE)

SG Americas Securities LLC lessened its position in Clean Energy Fuels Corp. (NASDAQ:CLNE - Free Report) by 65.9% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 83,310 shares of the utilities provider's stock after selling 160,795 shares during the quarter. SG Americas Securities LLC's holdings in Clean Energy Fuels were worth $209,000 as of its most recent filing with the SEC.

Other large investors have also recently bought and sold shares of the company. Global Alpha Capital Management Ltd. increased its position in shares of Clean Energy Fuels by 1.5% during the 3rd quarter. Global Alpha Capital Management Ltd. now owns 7,145,976 shares of the utilities provider's stock worth $22,224,000 after purchasing an additional 102,400 shares during the last quarter. State Street Corp grew its stake in shares of Clean Energy Fuels by 0.5% in the third quarter. State Street Corp now owns 5,923,358 shares of the utilities provider's stock valued at $18,422,000 after buying an additional 31,602 shares in the last quarter. Geode Capital Management LLC increased its holdings in Clean Energy Fuels by 3.1% during the third quarter. Geode Capital Management LLC now owns 4,203,217 shares of the utilities provider's stock worth $13,075,000 after buying an additional 126,760 shares during the last quarter. Yaupon Capital Management LP raised its position in Clean Energy Fuels by 4.9% during the third quarter. Yaupon Capital Management LP now owns 2,573,358 shares of the utilities provider's stock worth $8,003,000 after acquiring an additional 120,987 shares in the last quarter. Finally, Charles Schwab Investment Management Inc. lifted its stake in Clean Energy Fuels by 1.1% in the third quarter. Charles Schwab Investment Management Inc. now owns 1,443,182 shares of the utilities provider's stock valued at $4,488,000 after acquiring an additional 15,737 shares during the last quarter. Institutional investors and hedge funds own 49.94% of the company's stock.

Clean Energy Fuels Trading Down 3.5 %

Shares of CLNE traded down $0.12 during mid-day trading on Tuesday, reaching $3.28. 2,029,866 shares of the company were exchanged, compared to its average volume of 2,799,080. The business has a 50 day simple moving average of $2.89 and a two-hundred day simple moving average of $2.92. Clean Energy Fuels Corp. has a 52 week low of $2.17 and a 52 week high of $3.67. The stock has a market capitalization of $732.95 million, a PE ratio of -10.58 and a beta of 2.18. The company has a debt-to-equity ratio of 0.36, a quick ratio of 2.74 and a current ratio of 3.06.

Wall Street Analyst Weigh In

Separately, StockNews.com raised shares of Clean Energy Fuels from a "sell" rating to a "hold" rating in a report on Tuesday, February 4th.

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.