SG Americas Securities LLC lifted its stake in Montauk Renewables, Inc. (NASDAQ:MNTK – Free Report) by 45.2% in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 31,715 shares of the company’s stock after purchasing an additional 9,877 shares during the quarter. SG Americas Securities LLC’s holdings in Montauk Renewables were worth $126,000 as of its most recent filing with the Securities & Exchange Commission.
A number of other hedge funds and other institutional investors have also modified their holdings of the stock. Geode Capital Management LLC boosted its position in shares of Montauk Renewables by 0.6% in the 3rd quarter. Geode Capital Management LLC now owns 1,636,368 shares of the company’s stock valued at $8,527,000 after purchasing an additional 9,203 shares during the period. State Street Corp lifted its stake in Montauk Renewables by 1.6% in the 3rd quarter. State Street Corp now owns 1,613,351 shares of the company’s stock worth $8,406,000 after acquiring an additional 25,732 shares in the last quarter. JPMorgan Chase & Co. lifted its stake in Montauk Renewables by 237.4% in the 3rd quarter. JPMorgan Chase & Co. now owns 173,483 shares of the company’s stock worth $904,000 after acquiring an additional 122,072 shares in the last quarter. Healthcare of Ontario Pension Plan Trust Fund lifted its stake in Montauk Renewables by 8.7% in the 3rd quarter. Healthcare of Ontario Pension Plan Trust Fund now owns 165,285 shares of the company’s stock worth $861,000 after acquiring an additional 13,228 shares in the last quarter. Finally, AQR Capital Management LLC purchased a new stake in Montauk Renewables in the 2nd quarter worth about $456,000. Institutional investors and hedge funds own 16.35% of the company’s stock.
Montauk Renewables Stock Down 0.2 %
Shares of Montauk Renewables stock opened at $4.29 on Wednesday. The stock has a 50-day moving average price of $4.14 and a 200 day moving average price of $4.66. The company has a market cap of $615.06 million, a P/E ratio of 26.81 and a beta of -0.25. The company has a current ratio of 2.04, a quick ratio of 2.04 and a debt-to-equity ratio of 0.17. Montauk Renewables, Inc. has a 1 year low of $3.38 and a 1 year high of $6.88.
Montauk Renewables Company Profile
Montauk Renewables, Inc, a renewable energy company, engages in recovery and processing of biogas from landfills and other non-fossil fuel sources. It operates in two segments, Renewable Natural Gas and Renewable Electricity Generation. The company develops, owns, and operates renewable natural gas (RNG) projects that captures methane and prevents it from being released into the atmosphere by converting it into either RNG or electrical power for the electrical grid.
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