The Manufacturers Life Insurance Company Takes $69,000 Position in FutureFuel Corp. (NYSE:FF)

The Manufacturers Life Insurance Company bought a new position in shares of FutureFuel Corp. (NYSE:FF) in the 3rd quarter, according to its most recent Form 13F filing with the SEC. The fund bought 11,940 shares of the energy company’s stock, valued at approximately $69,000.

Several other large investors also recently bought and sold shares of FF. Los Angeles Capital Management LLC lifted its position in shares of FutureFuel by 612.4% during the 2nd 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. AQR Capital Management LLC lifted its holdings in FutureFuel by 76.1% during the 2nd 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 during the last quarter. Private Advisor Group LLC acquired a new position in shares of FutureFuel during the 3rd quarter worth about $191,000. Ritholtz Wealth Management increased its holdings in shares of FutureFuel by 203.9% in the 3rd quarter. Ritholtz Wealth Management now owns 138,373 shares of the energy company’s stock valued at $796,000 after acquiring an additional 92,848 shares during the last quarter. Finally, Nisa Investment Advisors LLC raised its position in shares of FutureFuel by 27.3% during the 2nd quarter. Nisa Investment Advisors LLC now owns 25,238 shares of the energy company’s stock worth $129,000 after acquiring an additional 5,408 shares in the last quarter. Hedge funds and other institutional investors own 44.56% of the company’s stock.

FutureFuel Price Performance

Shares of NYSE:FF opened at $5.26 on Wednesday. FutureFuel Corp. has a 12 month low of $4.15 and a 12 month high of $8.36. The firm has a market capitalization of $230.19 million, a P/E ratio of 6.41 and a beta of 0.58. The company’s fifty day moving average price is $5.61 and its 200 day moving average price is $5.47.

FutureFuel Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, December 18th. Investors of record on Thursday, December 4th will be given a $0.06 dividend. The ex-dividend date of this dividend is Thursday, December 4th. This represents a $0.24 dividend on an annualized basis and a dividend yield of 4.56%. FutureFuel’s dividend payout ratio (DPR) is presently 29.27%.

Insider Buying and Selling

In other FutureFuel news, CEO Roeland Polet acquired 10,000 shares of the company’s stock in a transaction on Wednesday, November 13th. The shares were bought at an average cost of $5.11 per share, for a total transaction of $51,100.00. Following the completion of the purchase, the chief executive officer now owns 10,000 shares in the company, valued at $51,100. This trade represents a ∞ increase in their position. The purchase was disclosed in a filing with the SEC, which is accessible through this hyperlink. 41.10% of the stock is currently owned by company insiders.

Wall Street Analysts Forecast Growth

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

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.