First Quadrant L P CA Sells 4,935 Shares of FutureFuel Corp. (FF)
First Quadrant L P CA lessened its stake in FutureFuel Corp. (NYSE:FF) by 26.1% during the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 13,980 shares of the energy company’s stock after selling 4,935 shares during the period. First Quadrant L P CA’s holdings in FutureFuel Corp. were worth $220,000 as of its most recent SEC filing.
Other hedge funds also recently modified their holdings of the company. Ameriprise Financial Inc. increased its position in FutureFuel Corp. by 1.2% during the 1st quarter. Ameriprise Financial Inc. now owns 155,834 shares of the energy company’s stock worth $2,210,000 after purchasing an additional 1,915 shares during the period. SG Americas Securities LLC acquired a new position in FutureFuel Corp. during the 1st quarter worth approximately $109,000. OppenheimerFunds Inc. increased its position in FutureFuel Corp. by 28.9% during the 1st quarter. OppenheimerFunds Inc. now owns 12,963 shares of the energy company’s stock worth $183,000 after purchasing an additional 2,905 shares during the period. Principal Financial Group Inc. increased its position in FutureFuel Corp. by 4.7% during the 1st quarter. Principal Financial Group Inc. now owns 174,603 shares of the energy company’s stock worth $2,476,000 after purchasing an additional 7,875 shares during the period. Finally, Legal & General Group Plc increased its position in FutureFuel Corp. by 2.0% during the 1st quarter. Legal & General Group Plc now owns 38,433 shares of the energy company’s stock worth $545,000 after purchasing an additional 758 shares during the period. Hedge funds and other institutional investors own 43.62% of the company’s stock.
Separately, BidaskClub lowered FutureFuel Corp. from a “hold” rating to a “sell” rating in a research note on Monday, July 31st.
Shares of FutureFuel Corp. (NYSE:FF) opened at $15.05 on Tuesday. The company has a market capitalization of $659.75, a P/E ratio of 18.39 and a beta of 1.77. FutureFuel Corp. has a 52 week low of $10.24 and a 52 week high of $16.58.
FutureFuel Corp. (NYSE:FF) last announced its quarterly earnings results on Wednesday, August 9th. The energy company reported $0.02 EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $0.20 by ($0.18). The firm had revenue of $68.05 million for the quarter. FutureFuel Corp. had a return on equity of 9.93% and a net margin of 13.72%.
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FutureFuel Corp. Company Profile
FutureFuel Corp. is the holding company of FutureFuel Chemical Company. FutureFuel Chemical Company manufactures diversified chemical products, bio-based products consisting of biofuels, and bio-based specialty chemical products. FutureFuel Chemical Company conducts its operations through two segments: chemicals and biofuels.
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