GSA Capital Partners LLP Has $351,000 Stake in OPAL Fuels Inc. (NASDAQ:OPAL)

GSA Capital Partners LLP grew its position in OPAL Fuels Inc. (NASDAQ:OPAL) by 69.3% in the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 96,056 shares of the company’s stock after buying an additional 39,325 shares during the quarter. GSA Capital Partners LLP’s holdings in OPAL Fuels were worth $351,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently made changes to their positions in the company. Inspire Investing LLC bought a new position in OPAL Fuels in the third quarter valued at approximately $430,000. Sanctuary Advisors LLC acquired a new stake in shares of OPAL Fuels in the 2nd quarter valued at $93,000. Marshall Wace LLP bought a new position in shares of OPAL Fuels in the 2nd quarter valued at $389,000. SIR Capital Management L.P. raised its holdings in shares of OPAL Fuels by 76.3% during the 2nd quarter. SIR Capital Management L.P. now owns 388,049 shares of the company’s stock worth $1,587,000 after buying an additional 167,940 shares in the last quarter. Finally, Levin Capital Strategies L.P. acquired a new position in shares of OPAL Fuels during the 1st quarter worth $136,000. Institutional investors own 12.16% of the company’s stock.

OPAL Fuels Trading Down 0.5 %

Shares of OPAL stock opened at $3.68 on Friday. The firm has a market capitalization of $635.98 million, a price-to-earnings ratio of 20.44 and a beta of 0.48. The business’s 50-day moving average price is $3.71 and its 200-day moving average price is $4.01. OPAL Fuels Inc. has a 12 month low of $3.04 and a 12 month high of $6.08.

Wall Street Analyst Weigh In

Several analysts recently weighed in on the company. UBS Group reduced their price objective on OPAL Fuels from $8.00 to $7.50 and set a “buy” rating on the stock in a research note on Friday, August 9th. The Goldman Sachs Group reduced their price target on shares of OPAL Fuels from $4.50 to $3.90 and set a “sell” rating on the stock in a research note on Friday, August 9th. Finally, Scotiabank cut shares of OPAL Fuels from a “sector outperform” rating to a “sector perform” rating and lowered their price objective for the stock from $8.00 to $5.00 in a research report on Tuesday, September 3rd. One equities research analyst has rated the stock with a sell rating, one has assigned a hold rating and four have issued a buy rating to the company’s stock. According to data from MarketBeat, OPAL Fuels presently has a consensus rating of “Moderate Buy” and a consensus target price of $7.90.

About OPAL Fuels

OPAL Fuels Inc, together with its subsidiaries, engages in the production and distribution of renewable natural gas for use as a vehicle fuel for heavy and medium-duty trucking fleets. It also designs, develops, constructs, operates, and services fueling stations for trucking fleets that use natural gas to displace diesel as transportation fuel.