Connor Clark & Lunn Investment Management Ltd. Lowers Stock Position in FutureFuel Corp. (NYSE:FF)

Connor Clark & Lunn Investment Management Ltd. trimmed its holdings in shares of FutureFuel Corp. (NYSE:FF) by 15.9% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 63,030 shares of the energy company’s stock after selling 11,900 shares during the period. Connor Clark & Lunn Investment Management Ltd. owned about 0.14% of FutureFuel worth $362,000 at the end of the most recent reporting period.

Several other hedge funds have also modified their holdings of FF. AQR Capital Management LLC boosted its holdings in FutureFuel by 76.1% during the second quarter. AQR Capital Management LLC now owns 1,553,136 shares of the energy company’s stock worth $7,968,000 after buying an additional 671,144 shares in the last quarter. Vanguard Group Inc. grew its holdings in shares of FutureFuel by 3.4% in the 1st quarter. Vanguard Group Inc. now owns 1,391,525 shares of the energy company’s stock worth $11,202,000 after acquiring an additional 45,914 shares during the period. Acadian Asset Management LLC increased its stake in FutureFuel by 321.7% in the 2nd quarter. Acadian Asset Management LLC now owns 742,405 shares of the energy company’s stock valued at $3,808,000 after purchasing an additional 566,367 shares in the last quarter. Los Angeles Capital Management LLC raised its holdings in FutureFuel by 612.4% during 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. Finally, American Century Companies Inc. boosted its position in FutureFuel by 56.1% during the second quarter. American Century Companies Inc. now owns 241,603 shares of the energy company’s stock worth $1,239,000 after purchasing an additional 86,780 shares in the last quarter. 44.56% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

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

FutureFuel Stock Performance

Shares of FF opened at $5.21 on Friday. FutureFuel Corp. has a 12-month low of $4.15 and a 12-month high of $8.36. The stock has a market cap of $228.01 million, a P/E ratio of 6.35 and a beta of 0.61. The company has a 50-day moving average of $5.74 and a two-hundred day moving average of $5.41.

Insider Transactions at FutureFuel

In related news, CEO Roeland Polet acquired 10,000 shares of the firm’s stock in a transaction that occurred on Wednesday, November 13th. The shares were acquired at an average price of $5.11 per share, with a total value of $51,100.00. Following the completion of the purchase, the chief executive officer now directly owns 10,000 shares in the company, valued at approximately $51,100. The trade was a ∞ increase in their ownership of the stock. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Corporate insiders own 41.10% of the company’s stock.

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.