Price T Rowe Associates Inc. MD bought a new stake in shares of FutureFuel Corp. (NYSE:FF – Free Report) in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund bought 10,155 shares of the energy company’s stock, valued at approximately $54,000.
Several other large investors have also recently made changes to their positions in the stock. Intech Investment Management LLC acquired a new position in FutureFuel during the 4th quarter valued at about $63,000. SG Americas Securities LLC boosted its position in FutureFuel by 28.8% during the fourth quarter. SG Americas Securities LLC now owns 12,990 shares of the energy company’s stock worth $69,000 after purchasing an additional 2,904 shares in the last quarter. Wells Fargo & Company MN boosted its position in FutureFuel by 25.9% during the fourth quarter. Wells Fargo & Company MN now owns 16,225 shares of the energy company’s stock worth $86,000 after purchasing an additional 3,337 shares in the last quarter. MetLife Investment Management LLC raised its holdings in shares of FutureFuel by 449.4% during the fourth quarter. MetLife Investment Management LLC now owns 16,455 shares of the energy company’s stock valued at $87,000 after acquiring an additional 13,460 shares during the last quarter. Finally, Koss Olinger Consulting LLC acquired a new position in shares of FutureFuel during the fourth quarter valued at approximately $100,000. 44.56% of the stock is owned by institutional investors.
Analyst Upgrades and Downgrades
Separately, StockNews.com cut FutureFuel from a “hold” rating to a “sell” rating in a report on Wednesday, May 14th.
Insider Buying and Selling at FutureFuel
In other news, Director Richard P. Rowe bought 15,000 shares of the business’s stock in a transaction dated Thursday, April 3rd. The shares were acquired at an average price of $3.95 per share, for a total transaction of $59,250.00. Following the completion of the transaction, the director now owns 20,000 shares of the company’s stock, valued at approximately $79,000. This trade represents a 300.00% increase in their ownership of the stock. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. 41.10% of the stock is owned by insiders.
FutureFuel Stock Up 0.4%
FF opened at $4.16 on Monday. FutureFuel Corp. has a 52 week low of $3.77 and a 52 week high of $6.40. The business has a fifty day simple moving average of $4.09 and a 200-day simple moving average of $4.78. The firm has a market cap of $182.00 million, a P/E ratio of 5.07 and a beta of 0.69.
FutureFuel (NYSE:FF – Get Free Report) last released its earnings results on Monday, May 12th. The energy company reported ($0.40) earnings per share (EPS) for the quarter. FutureFuel had a net margin of 13.18% and a return on equity of 15.32%. The company had revenue of $17.54 million during the quarter.
FutureFuel Company 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.
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