American Century Companies Inc. lifted its position in FutureFuel Corp. (NYSE:FF) by 1.0% during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 234,702 shares of the energy company’s stock after acquiring an additional 2,358 shares during the period. American Century Companies Inc. owned 0.54% of FutureFuel Corp. worth $3,542,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. SG Americas Securities LLC acquired a new position in shares of FutureFuel Corp. in the 1st quarter valued at $109,000. BNP Paribas Arbitrage SA increased its position in shares of FutureFuel Corp. by 59.0% in the 2nd quarter. BNP Paribas Arbitrage SA now owns 8,819 shares of the energy company’s stock valued at $133,000 after acquiring an additional 3,273 shares during the period. Stevens Capital Management LP acquired a new position in shares of FutureFuel Corp. in the 1st quarter valued at $143,000. Weiss Asset Management LP acquired a new position in shares of FutureFuel Corp. in the 1st quarter valued at $158,000. Finally, Oxford Asset Management acquired a new position in shares of FutureFuel Corp. in the 1st quarter valued at $166,000. 43.70% of the stock is currently owned by hedge funds and other institutional investors.
In related news, Director Keith Neumeyer purchased 100,000 shares of FutureFuel Corp. stock in a transaction that occurred on Friday, June 16th. The stock was purchased at an average cost of $0.60 per share, with a total value of $60,000.00. 43.30% of the stock is owned by insiders.
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Separately, BidaskClub downgraded FutureFuel Corp. from a “hold” rating to a “sell” rating in a research report on Monday, July 31st.
FutureFuel Corp. (FF) opened at 14.51 on Tuesday. The firm has a market capitalization of $634.80 million, a P/E ratio of 17.72 and a beta of 1.80. FutureFuel Corp. has a 52-week low of $10.24 and a 52-week high of $16.58. The company has a 50 day moving average price of $13.92 and a 200 day moving average price of $14.30.
FutureFuel Corp. (NYSE:FF) last announced its quarterly earnings results on Wednesday, August 9th. The energy company reported $0.02 earnings per share for the quarter, missing analysts’ consensus estimates of $0.20 by $0.18. FutureFuel Corp. had a net margin of 13.72% and a return on equity of 9.93%. The company had revenue of $68.05 million during the quarter. On average, equities analysts forecast that FutureFuel Corp. will post $1.08 EPS for the current fiscal year.
FutureFuel Corp. Profile
FutureFuel Corp. is the holding company of FutureFuel Chemical Company. FutureFuel Chemical Company manufactures diversified chemical products, bio-based products consisting of biofuels, and bio-based specialty chemical products. FutureFuel Chemical Company conducts its operations through two segments: chemicals and biofuels.
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