Barclays PLC lifted its holdings in FutureFuel Corp. (NYSE:FF – Free Report) by 286.3% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 34,241 shares of the energy company’s stock after purchasing an additional 25,377 shares during the period. Barclays PLC owned about 0.08% of FutureFuel worth $197,000 at the end of the most recent reporting period.
Other hedge funds also recently made changes to their positions in the company. Quarry LP acquired a new position in shares of FutureFuel in the third quarter worth about $47,000. SG Americas Securities LLC acquired a new stake in FutureFuel during the 3rd quarter valued at $58,000. The Manufacturers Life Insurance Company purchased a new stake in shares of FutureFuel in the third quarter valued at $69,000. XTX Topco Ltd acquired a new stake in shares of FutureFuel in the third quarter worth $82,000. Finally, Victory Capital Management Inc. purchased a new position in shares of FutureFuel during the second quarter valued at $88,000. Institutional investors and hedge funds own 44.56% of the company’s stock.
FutureFuel Stock Performance
Shares of NYSE FF opened at $5.51 on Wednesday. The firm has a market cap of $240.90 million, a price-to-earnings ratio of 6.71 and a beta of 0.56. The business’s 50-day simple moving average is $5.22 and its 200-day simple moving average is $5.55. FutureFuel Corp. has a 52 week low of $4.15 and a 52 week high of $8.36.
FutureFuel Dividend Announcement
The firm also recently announced a quarterly dividend, which will be paid on Thursday, December 18th. Investors of record on Thursday, December 4th will be paid a dividend of $0.06 per share. The ex-dividend date is Thursday, December 4th. This represents a $0.24 annualized dividend and a yield of 4.36%. FutureFuel’s payout ratio is 29.27%.
Insider Activity at FutureFuel
In other news, CEO Roeland Polet acquired 10,000 shares of FutureFuel stock in a transaction on Wednesday, November 13th. The stock was bought at an average price of $5.11 per share, for a total transaction of $51,100.00. Following the transaction, the chief executive officer now owns 10,000 shares of the company’s stock, valued at $51,100. The trade was a ∞ increase in their ownership of the stock. The purchase was disclosed in a legal filing with the SEC, which is accessible through this link. 41.10% of the stock is owned by corporate insiders.
Analyst Ratings Changes
Separately, StockNews.com downgraded FutureFuel from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, November 19th.
Get Our Latest Stock Analysis on FF
FutureFuel Profile
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.
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