Ritholtz Wealth Management Sells 8,861 Shares of FutureFuel Corp. (NYSE:FF)

Ritholtz Wealth Management decreased its position in shares of FutureFuel Corp. (NYSE:FF) by 6.4% in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 129,512 shares of the energy company’s stock after selling 8,861 shares during the quarter. Ritholtz Wealth Management owned about 0.30% of FutureFuel worth $685,000 as of its most recent SEC filing.

Several other hedge funds also recently modified their holdings of FF. Quarry LP bought a new stake in shares of FutureFuel in the 3rd quarter valued at $47,000. SG Americas Securities LLC bought a new stake in shares of FutureFuel in the 3rd quarter valued at $58,000. The Manufacturers Life Insurance Company bought a new stake in shares of FutureFuel in the 3rd quarter valued at $69,000. XTX Topco Ltd bought a new stake in FutureFuel during the 3rd quarter valued at $82,000. Finally, Victory Capital Management Inc. bought a new stake in FutureFuel during the 2nd quarter valued at $88,000. Institutional investors own 44.56% of the company’s stock.

FutureFuel Trading Down 0.5 %

Shares of FF stock opened at $5.37 on Tuesday. The firm has a market capitalization of $234.77 million, a PE ratio of 6.54 and a beta of 0.56. The firm has a fifty day simple moving average of $5.21 and a two-hundred day simple moving average of $5.55. FutureFuel Corp. has a 12 month low of $4.15 and a 12 month high of $8.36.

FutureFuel Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, December 18th. Shareholders of record on Thursday, December 4th will be issued a dividend of $0.06 per share. This represents a $0.24 dividend on an annualized basis and a yield of 4.47%. The ex-dividend date of this dividend is Thursday, December 4th. FutureFuel’s dividend payout ratio is 29.27%.

Analyst Upgrades and Downgrades

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

Insiders Place Their Bets

In other news, CEO Roeland Polet acquired 10,000 shares of the business’s stock in a transaction on Wednesday, November 13th. The shares were purchased at an average cost of $5.11 per share, with a total value of $51,100.00. Following the acquisition, the chief executive officer now directly 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 transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Insiders own 41.10% of the company’s stock.

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.