SG Americas Securities LLC Buys 2,904 Shares of FutureFuel Corp. (NYSE:FF)

SG Americas Securities LLC boosted its stake in FutureFuel Corp. (NYSE:FF) by 28.8% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The firm owned 12,990 shares of the energy company’s stock after acquiring an additional 2,904 shares during the period. SG Americas Securities LLC’s holdings in FutureFuel were worth $69,000 as of its most recent filing with the SEC.

Other hedge funds have also added to or reduced their stakes in the company. State Street Corp increased its stake in shares of FutureFuel by 1.0% in the third quarter. State Street Corp now owns 604,423 shares of the energy company’s stock worth $3,475,000 after purchasing an additional 5,947 shares in the last quarter. Pallas Capital Advisors LLC grew its stake in FutureFuel by 57.7% during the third quarter. Pallas Capital Advisors LLC now owns 18,518 shares of the energy company’s stock valued at $114,000 after acquiring an additional 6,779 shares in the last quarter. Merit Financial Group LLC grew its stake in FutureFuel by 11.9% during the fourth quarter. Merit Financial Group LLC now owns 70,141 shares of the energy company’s stock valued at $371,000 after acquiring an additional 7,472 shares in the last quarter. Quarry LP purchased a new position in FutureFuel during the third quarter valued at approximately $47,000. Finally, Empowered Funds LLC grew its stake in FutureFuel by 5.3% during the third quarter. Empowered Funds LLC now owns 222,130 shares of the energy company’s stock valued at $1,277,000 after acquiring an additional 11,256 shares in the last quarter. Institutional investors own 44.56% of the company’s stock.

Analysts Set New Price Targets

Separately, StockNews.com cut shares of FutureFuel from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, November 19th.

FutureFuel Price Performance

Shares of FutureFuel stock opened at $4.93 on Friday. FutureFuel Corp. has a 1 year low of $4.15 and a 1 year high of $8.36. The firm has a market cap of $215.52 million, a PE ratio of 6.01 and a beta of 0.55. The company has a 50 day simple moving average of $5.23 and a two-hundred day simple moving average of $5.54.

FutureFuel Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Tuesday, March 18th. Shareholders of record on Tuesday, March 4th will be given a dividend of $0.06 per share. The ex-dividend date of this dividend is Tuesday, March 4th. This represents a $0.24 annualized dividend and a yield of 4.87%. FutureFuel’s payout ratio is presently 29.27%.

FutureFuel Company 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.