FutureFuel (NYSE:FF) Rating Lowered to Buy at StockNews.com

FutureFuel (NYSE:FF) was downgraded by analysts at StockNews.com from a “strong-buy” rating to a “buy” rating in a note issued to investors on Wednesday.

FutureFuel Stock Performance

FutureFuel stock opened at $6.05 on Wednesday. FutureFuel has a fifty-two week low of $4.15 and a fifty-two week high of $8.36. The stock has a market cap of $264.77 million, a P/E ratio of 13.15 and a beta of 0.62. The firm’s fifty day moving average price is $5.84 and its 200-day moving average price is $5.51.

FutureFuel (NYSE:FF) last announced its earnings results on Friday, August 9th. The energy company reported $0.22 earnings per share for the quarter. The business had revenue of $72.41 million for the quarter. FutureFuel had a return on equity of 15.62% and a net margin of 11.80%.

Insiders Place Their Bets

In related news, Director Paul Manheim bought 6,000 shares of the business’s stock in a transaction that occurred on Thursday, August 15th. The stock was bought at an average cost of $6.10 per share, for a total transaction of $36,600.00. Following the completion of the transaction, the director now owns 19,103 shares of the company’s stock, valued at approximately $116,528.30. The trade was a 0.00 % increase in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Corporate insiders own 40.90% of the company’s stock.

Institutional Trading of FutureFuel

Hedge funds have recently bought and sold shares of the company. AQR Capital Management LLC lifted its holdings in shares of FutureFuel by 76.1% in the 2nd quarter. AQR Capital Management LLC now owns 1,553,136 shares of the energy company’s stock worth $7,968,000 after acquiring an additional 671,144 shares during the last quarter. Acadian Asset Management LLC raised its position in FutureFuel by 321.7% in the 2nd quarter. Acadian Asset Management LLC now owns 742,405 shares of the energy company’s stock worth $3,808,000 after purchasing an additional 566,367 shares during the period. Los Angeles Capital Management LLC lifted its stake in FutureFuel by 612.4% in the second quarter. Los Angeles Capital Management LLC now owns 352,525 shares of the energy company’s stock worth $1,808,000 after purchasing an additional 303,038 shares during the last quarter. Marshall Wace LLP boosted its position in FutureFuel by 293.9% during the second quarter. Marshall Wace LLP now owns 219,793 shares of the energy company’s stock valued at $1,128,000 after buying an additional 163,993 shares during the period. Finally, Ritholtz Wealth Management grew its stake in shares of FutureFuel by 203.9% during the third quarter. Ritholtz Wealth Management now owns 138,373 shares of the energy company’s stock valued at $796,000 after buying an additional 92,848 shares during the last quarter. Institutional investors own 44.56% of the company’s stock.

About FutureFuel

FutureFuel Corp., together with its subsidiaries, manufactures and sells diversified chemical, bio-based fuel, and bio-based specialty chemical products in the United States. The company operates through two segments, Chemicals and Biofuels. The Chemicals segment provides various custom chemicals that are used in the coatings, chemical intermediates, industrial and consumer cleaning, oil and gas, and specialty polymers industries; and performance chemicals, such as polymer modifiers, glycerin products, and various specialty chemicals and solvents.