FutureFuel Corp. (NYSE:FF) CEO Mckinlay Thomas Buys 20,000 Shares of Stock

FutureFuel Corp. (NYSE:FFGet Free Report) CEO Mckinlay Thomas bought 20,000 shares of the company’s stock in a transaction on Monday, June 3rd. The shares were acquired at an average price of $4.38 per share, with a total value of $87,600.00. Following the completion of the acquisition, the chief executive officer now directly owns 40,000 shares in the company, valued at approximately $175,200. The acquisition was disclosed in a legal filing with the SEC, which can be accessed through this link.

FutureFuel Price Performance

Shares of NYSE FF opened at $4.16 on Tuesday. The company has a 50-day simple moving average of $5.84 and a 200-day simple moving average of $5.98. The company has a market cap of $182.04 million, a PE ratio of 9.04 and a beta of 0.64. FutureFuel Corp. has a 12 month low of $4.15 and a 12 month high of $10.31.

FutureFuel (NYSE:FFGet Free Report) last released its earnings results on Friday, May 10th. The energy company reported $0.10 EPS for the quarter. The firm had revenue of $58.28 million during the quarter. FutureFuel had a net margin of 5.86% and a return on equity of 7.46%.

FutureFuel Cuts Dividend

The firm also recently disclosed a None dividend, which was paid on Tuesday, April 9th. Stockholders of record on Tuesday, March 26th were given a $2.50 dividend. The ex-dividend date of this dividend was Wednesday, April 10th. FutureFuel’s dividend payout ratio is currently 52.18%.

Analyst Upgrades and Downgrades

A number of brokerages have recently weighed in on FF. StockNews.com cut shares of FutureFuel from a “buy” rating to a “hold” rating in a research note on Monday, May 13th. HC Wainwright boosted their price target on FutureFuel from $0.70 to $0.80 and gave the stock a “buy” rating in a report on Tuesday, May 14th.

View Our Latest Research Report on FF

Hedge Funds Weigh In On FutureFuel

Several large investors have recently added to or reduced their stakes in FF. AQR Capital Management LLC grew its holdings in FutureFuel by 64.3% in the 3rd quarter. AQR Capital Management LLC now owns 741,016 shares of the energy company’s stock valued at $5,313,000 after buying an additional 289,889 shares during the period. Assenagon Asset Management S.A. grew its holdings in FutureFuel by 162.1% in the third quarter. Assenagon Asset Management S.A. now owns 177,279 shares of the energy company’s stock valued at $1,271,000 after purchasing an additional 109,645 shares during the period. Acadian Asset Management LLC grew its holdings in FutureFuel by 76.5% in the first quarter. Acadian Asset Management LLC now owns 176,038 shares of the energy company’s stock valued at $1,415,000 after purchasing an additional 76,322 shares during the period. Dynamic Technology Lab Private Ltd acquired a new position in FutureFuel during the fourth quarter worth approximately $315,000. Finally, Los Angeles Capital Management LLC purchased a new position in FutureFuel during the first quarter worth approximately $398,000. 44.56% of the stock is currently owned by hedge funds and other institutional investors.

FutureFuel Company Profile

(Get Free Report)

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.

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