Texas Permanent School Fund Sells 1,215 Shares of FutureFuel Corp. (NYSE:FF)

Texas Permanent School Fund cut its holdings in FutureFuel Corp. (NYSE:FF – Get Rating) by 6.5% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The firm owned 17,359 shares of the energy company’s stock after selling 1,215 shares during the period. Texas Permanent School Fund’s holdings in FutureFuel were worth $141,000 as of its most recent filing with the SEC.

Other institutional investors have also made changes to their positions in the company. US Bancorp DE increased its stake in FutureFuel by 21,108.1% during the third quarter. US Bancorp DE now owns 7,847 shares of the energy company’s stock valued at $47,000 after acquiring an additional 7,810 shares during the period. Teachers Retirement System of The State of Kentucky bought a new position in FutureFuel during the third quarter valued at about $55,000. New York State Teachers Retirement System increased its stake in FutureFuel by 29.9% during the third quarter. New York State Teachers Retirement System now owns 10,780 shares of the energy company’s stock valued at $65,000 after acquiring an additional 2,480 shares during the period. Maryland State Retirement & Pension System bought a new position in FutureFuel during the fourth quarter valued at about $87,000. Finally, Ritholtz Wealth Management bought a new position in FutureFuel during the fourth quarter valued at about $90,000. 43.99% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

Several equities analysts recently issued reports on the company. StockNews.com upgraded FutureFuel from a “hold” rating to a “buy” rating in a research note on Friday, May 12th. TheStreet lowered FutureFuel from a “b-” rating to a “c” rating in a research note on Friday, March 24th.

FutureFuel Trading Down 1.0 %

FF stock opened at $9.37 on Friday. FutureFuel Corp. has a 1-year low of $5.77 and a 1-year high of $9.78. The firm has a market cap of $410.06 million, a P/E ratio of 8.44 and a beta of 0.87. The business’s 50 day moving average is $7.81 and its 200-day moving average is $8.32.

FutureFuel (NYSE:FF – Get Rating) last released its quarterly earnings data on Tuesday, March 14th. The energy company reported $0.34 earnings per share for the quarter. FutureFuel had a return on equity of 17.26% and a net margin of 11.38%. The company had revenue of $117.82 million for the quarter.

About FutureFuel

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FutureFuel Corp.is engaged in the development, manufacture and marketing of biofuels and specialty chemicals. It operates through the Chemicals and Biofuels segment. The Chemicals segment produces chemical products that are sold to third party customers. The Biofuels segment includes the manufacture and market of biodiesel, including biodiesel blends with petrodiesel, petrodiesel with no biodiesel added, RINs, biodiesel production byproducts and the purchase and sale of other petroleum products.