148,750 Shares in FutureFuel Corp. $FF Acquired by Arrowstreet Capital Limited Partnership

Arrowstreet Capital Limited Partnership purchased a new position in FutureFuel Corp. (NYSE:FF) in the first quarter, HoldingsChannel reports. The institutional investor purchased 148,750 shares of the energy company’s stock, valued at approximately $573,000.

Other institutional investors and hedge funds have also made changes to their positions in the company. BNP Paribas Financial Markets increased its holdings in shares of FutureFuel by 226.0% in the third quarter. BNP Paribas Financial Markets now owns 9,038 shares of the energy company’s stock valued at $35,000 after purchasing an additional 6,266 shares during the period. Centiva Capital LP purchased a new stake in FutureFuel during the third quarter worth $50,000. Brooklyn Investment Group grew its position in shares of FutureFuel by 4,087.0% during the 3rd quarter. Brooklyn Investment Group now owns 12,854 shares of the energy company’s stock valued at $50,000 after acquiring an additional 12,547 shares during the period. Jacobs Levy Equity Management Inc. purchased a new stake in shares of FutureFuel in the third quarter valued at approximately $51,000. Finally, HRT Financial LP purchased a new stake in shares of FutureFuel in the fourth quarter valued at approximately $56,000. 44.56% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

FF has been the topic of a number of recent analyst reports. Wall Street Zen upgraded FutureFuel from a “strong sell” rating to a “sell” rating in a research report on Saturday, May 16th. Weiss Ratings raised shares of FutureFuel from a “sell (d)” rating to a “sell (d+)” rating in a research note on Friday, July 31st. One equities research analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, the stock presently has an average rating of “Sell”.

Insiders Place Their Bets

In other FutureFuel news, CEO Roeland Polet bought 10,000 shares of FutureFuel stock in a transaction dated Thursday, June 4th. The stock was acquired at an average cost of $4.28 per share, with a total value of $42,800.00. Following the completion of the acquisition, the chief executive officer owned 35,000 shares of the company’s stock, valued at approximately $149,800. This represents a 40.00% increase in their ownership of the stock. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Corporate insiders own 42.40% of the company’s stock.

FutureFuel Stock Down 2.0%

Shares of NYSE FF opened at $5.11 on Friday. The business’s 50 day moving average is $4.58 and its two-hundred day moving average is $4.22. FutureFuel Corp. has a 52-week low of $3.09 and a 52-week high of $5.40. The firm has a market cap of $223.91 million, a price-to-earnings ratio of -4.29 and a beta of 0.82.

FutureFuel (NYSE:FF) last issued its quarterly earnings results on Monday, May 11th. The energy company reported ($0.47) EPS for the quarter. The business had revenue of $31.95 million during the quarter. FutureFuel had a negative net margin of 47.51% and a negative return on equity of 32.51%.

FutureFuel Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Friday, September 18th. Investors of record on Friday, September 4th will be paid a dividend of $0.01 per share. This represents a $0.04 dividend on an annualized basis and a yield of 0.8%. The ex-dividend date is Friday, September 4th. FutureFuel’s dividend payout ratio (DPR) is currently -3.36%.

FutureFuel Profile

FutureFuel Corporation (NYSE: FF) operates as a specialty chemicals and biofuels producer, combining industrial chemistry with renewable energy solutions. Through its wholly owned subsidiary, FutureFuel Chemical Company, it manufactures a diverse portfolio of chemical products that serve fiber and textile applications, agricultural markets, water treatment processes and industrial coatings. In parallel, the company produces biodiesel using vegetable oils and animal fats as feedstocks, supplying both wholesale fuel distributors and commercial users seeking lower-carbon fuel alternatives.

The company’s manufacturing hub is located in Decatur, Arkansas, on a site originally constructed as an ordnance plant during World War II.