FutureFuel (NYSE:FF) CEO Roeland Polet Buys 48,080 Shares of Stock

FutureFuel Corp. (NYSE:FF) CEO Roeland Polet bought 48,080 shares of the company’s stock in a transaction that occurred on Thursday, November 12th. The stock was acquired at an average price of $2.83 per share, with a total value of $136,066.40. Following the completion of the purchase, the chief executive officer directly owned 83,080 shares of the company’s stock, valued at approximately $235,116.40. The trade was a 137.37% increase in their position. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link.

FutureFuel Stock Performance

NYSE FF traded up $0.10 during trading hours on Friday, hitting $2.93. 1,008,866 shares of the company’s stock were exchanged, compared to its average volume of 1,035,634. The business’s 50 day moving average is $5.20 and its 200-day moving average is $4.62. FutureFuel Corp. has a 12-month low of $2.62 and a 12-month high of $6.99. The firm has a market capitalization of $128.42 million, a P/E ratio of -4.31 and a beta of 0.82.

FutureFuel (NYSE:FF) last issued its quarterly earnings results on Monday, November 9th. The energy company reported ($0.19) earnings per share (EPS) for the quarter. The business had revenue of $104.67 million during the quarter. FutureFuel had a negative return on equity of 19.93% and a negative net margin of 12.59%.

FutureFuel Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, December 18th. Investors of record on Friday, December 4th will be given a $0.01 dividend. The ex-dividend date of this dividend is Friday, December 4th. This represents a $0.04 annualized dividend and a dividend yield of 1.4%. FutureFuel’s dividend payout ratio (DPR) is currently -5.88%.

Institutional Investors Weigh In On FutureFuel

Institutional investors have recently added to or reduced their stakes in the company. Persistent Asset Partners Ltd acquired a new stake in FutureFuel during the second quarter worth about $51,000. AXQ Capital LP acquired a new position in shares of FutureFuel in the 2nd quarter valued at about $55,000. Greenspring Advisors LLC acquired a new position in shares of FutureFuel in the 2nd quarter valued at about $68,000. PNC Financial Services Group Inc. lifted its stake in shares of FutureFuel by 65.3% in the 1st quarter. PNC Financial Services Group Inc. now owns 16,404 shares of the energy company’s stock valued at $63,000 after purchasing an additional 6,480 shares in the last quarter. Finally, Bank of America Corp DE purchased a new stake in shares of FutureFuel during the 2nd quarter worth about $89,000. Hedge funds and other institutional investors own 44.56% of the company’s stock.

Analysts Set New Price Targets

A number of research firms recently issued reports on FF. Gabelli initiated coverage on shares of FutureFuel in a report on Tuesday, November 10th. They issued an “add” rating and a $9.00 target price for the company. Wall Street Zen raised shares of FutureFuel from a “sell” rating to a “hold” rating in a research note on Saturday, August 15th. Finally, Weiss Ratings reiterated a “sell (d-)” rating on shares of FutureFuel in a report on Wednesday. One investment analyst has rated the stock with a Buy rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, FutureFuel currently has an average rating of “Hold” and an average target price of $9.00.

About FutureFuel

FutureFuel Corp. is a U.S.-based chemical and biofuel manufacturer with operations in Batesville, Arkansas. The company operates through chemicals and biofuels businesses, using its manufacturing capabilities to produce both custom-made and proprietary products. Its chemicals business serves customers in markets that include agriculture, pharmaceuticals and coatings, among others. FutureFuel manufactures specialty chemicals to customer specifications and also develops and produces its own chemical products.