FutureFuel Corp. (NYSE:FF) Shares Purchased by Fmr LLC

Fmr LLC increased its position in shares of FutureFuel Corp. (NYSE:FF) by 235.8% in the 3rd quarter, according to its most recent disclosure with the SEC. The institutional investor owned 23,026 shares of the energy company’s stock after purchasing an additional 16,169 shares during the quarter. Fmr LLC owned approximately 0.05% of FutureFuel worth $132,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. nVerses Capital LLC acquired a new stake in FutureFuel during the second quarter worth about $26,000. SG Americas Securities LLC acquired a new position in FutureFuel in the third quarter valued at about $58,000. The Manufacturers Life Insurance Company purchased a new position in FutureFuel during the third quarter worth about $69,000. Victory Capital Management Inc. acquired a new stake in shares of FutureFuel during the second quarter valued at about $88,000. Finally, Pallas Capital Advisors LLC increased its position in shares of 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 during the last quarter. Hedge funds and other institutional investors own 44.56% of the company’s stock.

Insider Buying and Selling

In related news, CEO Roeland Polet bought 10,000 shares of the 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 purchase, the chief executive officer now owns 10,000 shares of the company’s stock, valued at $51,100. This trade represents a ∞ increase in their position. The acquisition was disclosed in a document filed with the SEC, which is accessible through the SEC website. 41.10% of the stock is owned by company insiders.

Analyst Ratings Changes

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

FutureFuel Trading Down 0.8 %

NYSE:FF opened at $5.10 on Monday. FutureFuel Corp. has a 12-month low of $4.15 and a 12-month high of $8.36. The firm has a market cap of $223.19 million, a PE ratio of 6.22 and a beta of 0.58. The stock has a fifty day moving average price of $5.55 and a 200 day moving average price of $5.48.

FutureFuel Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Thursday, December 18th. Stockholders of record on Thursday, December 4th will be given a dividend of $0.06 per share. This represents a $0.24 annualized dividend and a dividend yield of 4.71%. The ex-dividend date of this dividend is Thursday, December 4th. FutureFuel’s dividend payout ratio (DPR) is presently 29.27%.

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.