Private Advisor Group LLC Sells 5,500 Shares of FutureFuel Corp. (NYSE:FF)

Private Advisor Group LLC reduced its holdings in shares of FutureFuel Corp. (NYSE:FF) by 16.6% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 27,700 shares of the energy company’s stock after selling 5,500 shares during the quarter. Private Advisor Group LLC owned approximately 0.06% of FutureFuel worth $147,000 as of its most recent SEC filing.

A number of other hedge funds have also bought and sold shares of FF. Wealth Enhancement Advisory Services LLC bought a new stake in shares of FutureFuel in the third quarter valued at $121,000. Victory Capital Management Inc. raised its stake in shares of FutureFuel by 74.5% in the third quarter. Victory Capital Management Inc. now owns 30,089 shares of the energy company’s stock valued at $173,000 after buying an additional 12,845 shares during the period. D Orazio & Associates Inc. bought a new stake in shares of FutureFuel in the third quarter valued at $114,000. Empowered Funds LLC raised its stake in shares of FutureFuel by 5.3% in the third quarter. Empowered Funds LLC now owns 222,130 shares of the energy company’s stock valued at $1,277,000 after buying an additional 11,256 shares during the period. Finally, Dynamic Technology Lab Private Ltd bought a new stake in shares of FutureFuel in the third quarter valued at $266,000. 44.56% of the stock is currently owned by institutional investors.

FutureFuel Stock Performance

NYSE:FF opened at $4.41 on Friday. FutureFuel Corp. has a 52-week low of $4.15 and a 52-week high of $8.36. The firm has a market cap of $192.78 million, a price-to-earnings ratio of 5.37 and a beta of 0.55. The business’s fifty day moving average is $5.06 and its 200 day moving average is $5.46.

FutureFuel Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, December 18th. Investors of record on Thursday, December 4th will be paid a dividend of $0.06 per share. 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 5.45%. FutureFuel’s payout ratio is 29.27%.

Wall Street Analyst Weigh In

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

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.