Swiss National Bank Has $530,000 Position in Clean Energy Fuels Corp. (CLNE)

Swiss National Bank lifted its stake in shares of Clean Energy Fuels Corp. (NASDAQ:CLNE) by 16.7% during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 213,900 shares of the utilities provider’s stock after buying an additional 30,600 shares during the period. Swiss National Bank owned about 141,740.11% of Clean Energy Fuels worth $530,000 at the end of the most recent quarter.

Other large investors also recently made changes to their positions in the company. Brave Asset Management Inc. boosted its position in shares of Clean Energy Fuels by 19.2% during the second quarter. Brave Asset Management Inc. now owns 43,500 shares of the utilities provider’s stock valued at $110,000 after buying an additional 7,000 shares during the last quarter. BlueCrest Capital Management Ltd boosted its position in shares of Clean Energy Fuels by 279.1% during the second quarter. BlueCrest Capital Management Ltd now owns 45,868 shares of the utilities provider’s stock valued at $117,000 after buying an additional 33,768 shares during the last quarter. American International Group Inc. boosted its position in shares of Clean Energy Fuels by 7.7% during the first quarter. American International Group Inc. now owns 54,273 shares of the utilities provider’s stock valued at $138,000 after buying an additional 3,864 shares during the last quarter. Voya Investment Management LLC boosted its position in shares of Clean Energy Fuels by 44.0% during the second quarter. Voya Investment Management LLC now owns 54,979 shares of the utilities provider’s stock valued at $140,000 after buying an additional 16,808 shares during the last quarter. Finally, OxFORD Asset Management LLP boosted its position in shares of Clean Energy Fuels by 123.6% during the second quarter. OxFORD Asset Management LLP now owns 58,068 shares of the utilities provider’s stock valued at $147,000 after buying an additional 32,096 shares during the last quarter. 34.43% of the stock is currently owned by institutional investors.

Clean Energy Fuels Corp. (NASDAQ:CLNE) opened at $2.15 on Monday. The company has a quick ratio of 3.05, a current ratio of 3.52 and a debt-to-equity ratio of 0.48. Clean Energy Fuels Corp. has a 1 year low of $1.96 and a 1 year high of $3.74.

Clean Energy Fuels (NASDAQ:CLNE) last posted its quarterly earnings data on Thursday, November 2nd. The utilities provider reported ($0.61) earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of ($0.12) by ($0.49). Clean Energy Fuels had a negative return on equity of 10.52% and a negative net margin of 15.47%. The business had revenue of $81.80 million during the quarter, compared to analysts’ expectations of $85.43 million. During the same period in the prior year, the firm posted ($0.08) EPS. The firm’s revenue for the quarter was down 15.7% on a year-over-year basis. sell-side analysts predict that Clean Energy Fuels Corp. will post -0.44 EPS for the current year.

Several research analysts recently issued reports on CLNE shares. BidaskClub cut Clean Energy Fuels from a “buy” rating to a “hold” rating in a research report on Wednesday, August 2nd. Zacks Investment Research raised Clean Energy Fuels from a “hold” rating to a “buy” rating and set a $2.75 price objective on the stock in a research report on Monday, August 7th. Finally, ValuEngine cut Clean Energy Fuels from a “sell” rating to a “strong sell” rating in a research report on Tuesday, November 7th.

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About Clean Energy Fuels

Clean Energy Fuels Corp. (Clean Energy) is a provider of natural gas as an alternative fuel for vehicle fleets in the United States and Canada. The Company is engaged in supplying compressed natural gas (CNG), liquefied natural gas (LNG) and renewable natural gas (RNG) for light, medium and heavy-duty vehicles, and providing operation and maintenance (O&M) services for natural gas fueling stations.

Institutional Ownership by Quarter for Clean Energy Fuels (NASDAQ:CLNE)

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