GSA Capital Partners LLP grew its stake in FutureFuel Corp. (NYSE:FF – Free Report) by 212.9% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 295,890 shares of the energy company’s stock after purchasing an additional 201,323 shares during the period. GSA Capital Partners LLP’s holdings in FutureFuel were worth $944,000 at the end of the most recent reporting period.
A number of other institutional investors have also modified their holdings of the stock. Geode Capital Management LLC increased its holdings in shares of FutureFuel by 10.7% in the second quarter. Geode Capital Management LLC now owns 958,499 shares of the energy company’s stock valued at $3,720,000 after purchasing an additional 92,481 shares during the period. Bridgeway Capital Management LLC increased its holdings in shares of FutureFuel by 8.1% in the third quarter. Bridgeway Capital Management LLC now owns 467,991 shares of the energy company’s stock valued at $1,816,000 after purchasing an additional 34,994 shares during the period. Millennium Management LLC increased its holdings in shares of FutureFuel by 4.4% in the third quarter. Millennium Management LLC now owns 417,329 shares of the energy company’s stock valued at $1,619,000 after purchasing an additional 17,546 shares during the period. Two Sigma Investments LP increased its holdings in shares of FutureFuel by 28.2% in the third quarter. Two Sigma Investments LP now owns 365,960 shares of the energy company’s stock valued at $1,420,000 after purchasing an additional 80,418 shares during the period. Finally, Empowered Funds LLC increased its holdings in shares of FutureFuel by 7.4% in the first quarter. Empowered Funds LLC now owns 250,502 shares of the energy company’s stock valued at $977,000 after purchasing an additional 17,192 shares during the period. Institutional investors and hedge funds own 44.56% of the company’s stock.
FutureFuel Stock Performance
FF opened at $4.11 on Friday. The business’s fifty day moving average is $4.15 and its two-hundred day moving average is $3.76. The company has a market cap of $180.05 million, a price-to-earnings ratio of -3.45 and a beta of 0.89. FutureFuel Corp. has a one year low of $3.09 and a one year high of $5.12.
FutureFuel Cuts Dividend
The company also recently announced a quarterly dividend, which will be paid on Thursday, June 18th. Shareholders of record on Thursday, June 4th will be given a dividend of $0.01 per share. This represents a $0.04 dividend on an annualized basis and a yield of 1.0%. The ex-dividend date is Thursday, June 4th. FutureFuel’s payout ratio is presently -20.17%.
Analyst Upgrades and Downgrades
FF has been the topic of a number of recent research reports. Wall Street Zen raised FutureFuel from a “strong sell” rating to a “sell” rating in a report on Saturday, May 16th. Weiss Ratings reissued a “sell (d)” rating on shares of FutureFuel in a report on Tuesday, April 21st. One investment analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, FutureFuel presently has an average rating of “Sell”.
Read Our Latest Stock Report on FutureFuel
FutureFuel Company Profile
FutureFuel Corporation (NYSE: FF) operates as a specialty chemicals and biofuels producer, combining industrial chemistry with renewable energy solutions. Through its wholly owned subsidiary, FutureFuel Chemical Company, it manufactures a diverse portfolio of chemical products that serve fiber and textile applications, agricultural markets, water treatment processes and industrial coatings. In parallel, the company produces biodiesel using vegetable oils and animal fats as feedstocks, supplying both wholesale fuel distributors and commercial users seeking lower-carbon fuel alternatives.
The company’s manufacturing hub is located in Decatur, Arkansas, on a site originally constructed as an ordnance plant during World War II.
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