Empowered Funds LLC Grows Stock Position in FutureFuel Corp. (NYSE:FF)

Empowered Funds LLC grew its stake in FutureFuel Corp. (NYSE:FF) by 5.0% in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 233,310 shares of the energy company’s stock after buying an additional 11,180 shares during the quarter. Empowered Funds LLC owned 0.53% of FutureFuel worth $1,234,000 as of its most recent SEC filing.

Other hedge funds have also recently modified their holdings of the company. Quarry LP acquired a new position in FutureFuel in the third quarter valued at approximately $47,000. SG Americas Securities LLC purchased a new position in shares of FutureFuel during the 3rd quarter valued at approximately $58,000. The Manufacturers Life Insurance Company acquired a new position in shares of FutureFuel in the 3rd quarter valued at $69,000. XTX Topco Ltd purchased a new stake in FutureFuel during the third quarter worth $82,000. Finally, Pallas Capital Advisors LLC grew its position 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 buying an additional 6,779 shares during the period. Hedge funds and other institutional investors own 44.56% of the company’s stock.

Analyst Ratings Changes

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

FutureFuel Stock Performance

Shares of FutureFuel stock opened at $4.90 on Monday. The business’s 50 day moving average price is $5.23 and its 200 day moving average price is $5.54. The company has a market cap of $214.21 million, a price-to-earnings ratio of 5.97 and a beta of 0.55. FutureFuel Corp. has a one year low of $4.15 and a one year high of $8.36.

FutureFuel Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, March 18th. Investors of record on Tuesday, March 4th will be issued a $0.06 dividend. This represents a $0.24 dividend on an annualized basis and a dividend yield of 4.90%. The ex-dividend date is Tuesday, March 4th. FutureFuel’s dividend payout ratio is currently 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.