GSA Capital Partners LLP grew its stake in FutureFuel Corp. (NYSE:FF – Free Report) by 212.9% in the 4th quarter, according to its most recent filing with the SEC. The firm owned 295,890 shares of the energy company’s stock after buying an additional 201,323 shares during the quarter. GSA Capital Partners LLP owned 0.68% of FutureFuel worth $944,000 as of its most recent filing with the SEC.
Several other hedge funds and other institutional investors have also made changes to their positions in FF. Geode Capital Management LLC boosted its stake in shares of FutureFuel by 10.7% in the 2nd quarter. Geode Capital Management LLC now owns 958,499 shares of the energy company’s stock valued at $3,720,000 after buying an additional 92,481 shares during the period. Two Sigma Investments LP boosted its stake in shares of FutureFuel by 28.2% in the 3rd quarter. Two Sigma Investments LP now owns 365,960 shares of the energy company’s stock valued at $1,420,000 after buying an additional 80,418 shares during the period. Jane Street Group LLC boosted its stake in shares of FutureFuel by 447.4% in the 1st quarter. Jane Street Group LLC now owns 61,481 shares of the energy company’s stock valued at $240,000 after buying an additional 50,249 shares during the period. Verition Fund Management LLC purchased a new position in shares of FutureFuel in the 3rd quarter valued at about $187,000. Finally, JPMorgan Chase & Co. boosted its stake in shares of FutureFuel by 310.4% in the 3rd quarter. JPMorgan Chase & Co. now owns 51,036 shares of the energy company’s stock valued at $198,000 after buying an additional 38,601 shares during the period. Hedge funds and other institutional investors own 44.56% of the company’s stock.
Analyst Upgrades and Downgrades
Several equities research analysts recently weighed in on the company. Wall Street Zen upgraded FutureFuel from a “strong sell” rating to a “sell” rating in a research note on Saturday, May 16th. Weiss Ratings restated a “sell (d)” rating on shares of FutureFuel in a research note on Tuesday, April 21st. One equities research analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, the stock has an average rating of “Sell”.
FutureFuel Stock Up 0.6%
FF opened at $4.11 on Friday. The firm 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 52 week low of $3.09 and a 52 week high of $5.12. The business’s 50 day moving average is $4.15 and its two-hundred day moving average is $3.76.
FutureFuel (NYSE:FF – Get Free Report) last released its quarterly earnings results on Monday, May 11th. The energy company reported ($0.47) EPS for the quarter. The firm had revenue of $31.95 million for the quarter. FutureFuel had a negative return on equity of 32.51% and a negative net margin of 47.51%.
FutureFuel Cuts Dividend
The company also recently declared 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. The ex-dividend date of this dividend is Thursday, June 4th. This represents a $0.04 annualized dividend and a yield of 1.0%. FutureFuel’s payout ratio is -20.17%.
FutureFuel 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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