BNP Paribas Financial Markets Has $223,000 Stake in FutureFuel Corp. (NYSE:FF)

BNP Paribas Financial Markets lifted its position in shares of FutureFuel Corp. (NYSE:FF) by 677.0% during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 38,818 shares of the energy company’s stock after purchasing an additional 33,822 shares during the period. BNP Paribas Financial Markets owned 0.09% of FutureFuel worth $223,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds have also added to or reduced their stakes in the company. AQR Capital Management LLC increased its stake in FutureFuel by 76.1% during the 2nd quarter. AQR Capital Management LLC now owns 1,553,136 shares of the energy company’s stock worth $7,968,000 after acquiring an additional 671,144 shares during the period. Acadian Asset Management LLC raised its stake in FutureFuel by 321.7% in the second quarter. Acadian Asset Management LLC now owns 742,405 shares of the energy company’s stock valued at $3,808,000 after purchasing an additional 566,367 shares in the last quarter. Los Angeles Capital Management LLC lifted its position in FutureFuel by 612.4% during the second quarter. Los Angeles Capital Management LLC now owns 352,525 shares of the energy company’s stock worth $1,808,000 after purchasing an additional 303,038 shares during the period. American Century Companies Inc. grew its stake in FutureFuel by 56.1% during the second quarter. American Century Companies Inc. now owns 241,603 shares of the energy company’s stock worth $1,239,000 after buying an additional 86,780 shares in the last quarter. Finally, Empowered Funds LLC grew its stake in FutureFuel by 5.3% during the third quarter. Empowered Funds LLC now owns 222,130 shares of the energy company’s stock worth $1,277,000 after buying an additional 11,256 shares in the last quarter. 44.56% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling at FutureFuel

In other news, CEO Roeland Polet bought 10,000 shares of the stock in a transaction that occurred on Wednesday, November 13th. The stock was acquired at an average price of $5.11 per share, with a total value of $51,100.00. Following the completion of the purchase, the chief executive officer now directly owns 10,000 shares of the company’s stock, valued at approximately $51,100. This represents a ∞ increase in their ownership of the stock. The acquisition was disclosed in a document filed with the SEC, which is available at this link. Corporate insiders own 41.10% of the company’s stock.

FutureFuel Stock Performance

FF stock opened at $5.21 on Tuesday. The company has a market capitalization of $227.79 million, a P/E ratio of 6.35 and a beta of 0.58. The company has a fifty day moving average price of $5.63 and a 200-day moving average price of $5.46. FutureFuel Corp. has a 52-week low of $4.15 and a 52-week high of $8.36.

FutureFuel Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Thursday, December 18th. Shareholders of record on Thursday, December 4th will be issued a dividend of $0.06 per share. This represents a $0.24 annualized dividend and a yield of 4.61%. The ex-dividend date is Thursday, December 4th. FutureFuel’s payout ratio is presently 29.27%.

Wall Street Analysts Forecast Growth

Separately, StockNews.com downgraded shares of FutureFuel from a “strong-buy” rating to a “hold” rating in a report on Tuesday, November 19th.

FutureFuel Profile

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.