Hosking Partners LLP Grows Stock Holdings in Montauk Renewables, Inc. (NASDAQ:MNTK)

Hosking Partners LLP lifted its stake in shares of Montauk Renewables, Inc. (NASDAQ:MNTK) by 3.9% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 769,112 shares of the company’s stock after acquiring an additional 29,125 shares during the quarter. Hosking Partners LLP owned approximately 0.54% of Montauk Renewables worth $3,061,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Geode Capital Management LLC grew its stake in Montauk Renewables by 0.6% in the third quarter. Geode Capital Management LLC now owns 1,636,368 shares of the company’s stock worth $8,527,000 after purchasing an additional 9,203 shares in the last quarter. State Street Corp grew its position in shares of Montauk Renewables by 1.6% during the 3rd quarter. State Street Corp now owns 1,613,351 shares of the company’s stock worth $8,406,000 after buying an additional 25,732 shares in the last quarter. Bank of New York Mellon Corp increased its stake in shares of Montauk Renewables by 9.5% during the fourth quarter. Bank of New York Mellon Corp now owns 237,394 shares of the company’s stock valued at $945,000 after buying an additional 20,562 shares during the period. JPMorgan Chase & Co. increased its stake in shares of Montauk Renewables by 237.4% during the third quarter. JPMorgan Chase & Co. now owns 173,483 shares of the company’s stock valued at $904,000 after buying an additional 122,072 shares during the period. Finally, Healthcare of Ontario Pension Plan Trust Fund raised its holdings in shares of Montauk Renewables by 8.7% in the third quarter. Healthcare of Ontario Pension Plan Trust Fund now owns 165,285 shares of the company’s stock valued at $861,000 after acquiring an additional 13,228 shares in the last quarter. Institutional investors own 16.35% of the company’s stock.

Montauk Renewables Stock Down 7.1 %

NASDAQ:MNTK opened at $3.82 on Friday. The company has a debt-to-equity ratio of 0.17, a current ratio of 2.04 and a quick ratio of 2.04. The firm has a market cap of $547.67 million, a PE ratio of 23.88 and a beta of -0.25. The company has a 50-day moving average of $4.23 and a 200 day moving average of $4.58. Montauk Renewables, Inc. has a 1-year low of $3.38 and a 1-year high of $6.22.

About Montauk Renewables

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.