Numeric Investors LLC purchased a new position in FutureFuel Corp. (NYSE:FF) during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm purchased 17,192 shares of the energy company’s stock, valued at approximately $239,000.
A number of other hedge funds and other institutional investors have also made changes to their positions in FF. Thrivent Financial for Lutherans raised its stake in shares of FutureFuel Corp. by 6.3% in the fourth quarter. Thrivent Financial for Lutherans now owns 12,230 shares of the energy company’s stock valued at $170,000 after buying an additional 730 shares during the period. US Bancorp DE raised its stake in shares of FutureFuel Corp. by 0.4% in the third quarter. US Bancorp DE now owns 12,446 shares of the energy company’s stock valued at $141,000 after buying an additional 46 shares during the period. Ladenburg Thalmann Financial Services Inc. purchased a new stake in shares of FutureFuel Corp. during the fourth quarter valued at $209,000. Hartford Investment Management Co. purchased a new stake in shares of FutureFuel Corp. during the third quarter valued at $174,000. Finally, Campbell & CO Investment Adviser LLC purchased a new stake in shares of FutureFuel Corp. during the third quarter valued at $176,000. Institutional investors own 39.70% of the company’s stock.
Shares of FutureFuel Corp. (NYSE:FF) traded up 1.94% during mid-day trading on Thursday, hitting $14.69. The stock had a trading volume of 105,593 shares. FutureFuel Corp. has a 12-month low of $9.77 and a 12-month high of $16.58. The firm’s 50-day moving average price is $13.81 and its 200 day moving average price is $13.28. The stock has a market cap of $642.67 million, a price-to-earnings ratio of 11.39 and a beta of 1.61.
FutureFuel Corp. (NYSE:FF) last issued its quarterly earnings results on Thursday, March 16th. The energy company reported $0.43 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.22 by $0.21. The business earned $69.37 million during the quarter. FutureFuel Corp. had a return on equity of 16.41% and a net margin of 30.92%. Equities analysts forecast that FutureFuel Corp. will post $1.08 EPS for the current fiscal year.
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Separately, Zacks Investment Research lowered FutureFuel Corp. from a “strong-buy” rating to a “hold” rating in a report on Tuesday, January 3rd.
In related news, Director Keith Neumeyer purchased 87,500 shares of the business’s stock in a transaction that occurred on Thursday, March 30th. The stock was acquired at an average cost of $0.81 per share, for a total transaction of $70,875.00. Also, VP Paul M. Flynn sold 10,000 shares of the business’s stock in a transaction that occurred on Friday, March 24th. The shares were sold at an average price of $13.55, for a total value of $135,500.00. Following the completion of the sale, the vice president now owns 60,000 shares of the company’s stock, valued at $813,000. The disclosure for this sale can be found here. Insiders own 43.40% of the company’s stock.
About FutureFuel Corp.
FutureFuel Corp. is engaged in the chemical and biofuels business. The FutureFuel Chemical Company, a subsidiary of Company, manufactures chemical products and bio-based products comprising biofuels and bio-based specialty chemical products. The Company operates in two segments: chemicals and biofuels.
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