Clean Energy Fuels Corp. (NASDAQ:CLNE) Stock Position Decreased by White Pine Capital LLC

White Pine Capital LLC reduced its position in shares of Clean Energy Fuels Corp. (NASDAQ:CLNE - Free Report) by 45.5% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 150,191 shares of the utilities provider's stock after selling 125,214 shares during the period. White Pine Capital LLC owned about 0.07% of Clean Energy Fuels worth $377,000 as of its most recent SEC filing.

A number of other institutional investors have also made changes to their positions in CLNE. Eastern Bank acquired a new position in shares of Clean Energy Fuels in the 3rd quarter valued at approximately $31,000. Point72 DIFC Ltd acquired a new position in shares of Clean Energy Fuels in the 3rd quarter valued at approximately $41,000. Zacks Investment Management acquired a new position in shares of Clean Energy Fuels in the 3rd quarter valued at approximately $42,000. Point72 Asia Singapore Pte. Ltd. raised its position in shares of Clean Energy Fuels by 235.2% in the 3rd quarter. Point72 Asia Singapore Pte. Ltd. now owns 18,427 shares of the utilities provider's stock valued at $57,000 after purchasing an additional 12,929 shares in the last quarter. Finally, Grassi Investment Management raised its position in shares of Clean Energy Fuels by 74.1% in the 4th quarter. Grassi Investment Management now owns 23,500 shares of the utilities provider's stock valued at $59,000 after purchasing an additional 10,000 shares in the last quarter. 49.94% of the stock is owned by institutional investors and hedge funds.

Clean Energy Fuels Stock Performance

Shares of CLNE stock traded down $0.08 on Tuesday, hitting $3.05. 3,893,751 shares of the stock traded hands, compared to its average volume of 2,750,776. The company has a debt-to-equity ratio of 0.36, a current ratio of 3.06 and a quick ratio of 2.74. The company has a market capitalization of $681.55 million, a PE ratio of -9.84 and a beta of 2.18. Clean Energy Fuels Corp. has a 1-year low of $2.17 and a 1-year high of $3.67. The company's fifty day moving average is $2.93 and its 200 day moving average is $2.94.

Analyst Upgrades and Downgrades

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

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.