D. E. Shaw & Co. Inc. Acquires 135,945 Shares of FutureFuel Corp. (NYSE:FF)

D. E. Shaw & Co. Inc. raised its holdings in shares of FutureFuel Corp. (NYSE:FF) by 107.5% in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 262,348 shares of the energy company’s stock after buying an additional 135,945 shares during the period. D. E. Shaw & Co. Inc. owned about 0.60% of FutureFuel worth $1,388,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Merit Financial Group LLC increased its stake in FutureFuel by 11.9% in the 4th quarter. Merit Financial Group LLC now owns 70,141 shares of the energy company’s stock worth $371,000 after purchasing an additional 7,472 shares during the period. SG Americas Securities LLC grew its holdings in shares of FutureFuel by 28.8% in 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 during the last quarter. Empowered Funds LLC increased its stake in shares of FutureFuel by 5.0% in the fourth quarter. Empowered Funds LLC now owns 233,310 shares of the energy company’s stock worth $1,234,000 after buying an additional 11,180 shares during the period. Ieq Capital LLC purchased a new position in shares of FutureFuel in the fourth quarter worth $250,000. Finally, Bank of New York Mellon Corp raised its holdings in FutureFuel by 12.7% during the 4th quarter. Bank of New York Mellon Corp now owns 480,031 shares of the energy company’s stock valued at $2,539,000 after buying an additional 53,983 shares during the last quarter. 44.56% of the stock is owned by institutional investors.

FutureFuel Price Performance

NYSE FF opened at $3.93 on Friday. FutureFuel Corp. has a 1 year low of $3.77 and a 1 year high of $6.40. The stock has a market capitalization of $171.93 million, a PE ratio of 4.79 and a beta of 0.69. The business’s 50-day moving average is $4.07 and its 200 day moving average is $4.74.

FutureFuel (NYSE:FF) last released its quarterly earnings data on Monday, May 12th. The energy company reported ($0.40) earnings per share for the quarter. The business had revenue of $17.54 million during the quarter. FutureFuel had a return on equity of 15.32% and a net margin of 13.18%.

Insider Activity at FutureFuel

In related news, Director Richard P. Rowe acquired 15,000 shares of the stock in a transaction on Thursday, April 3rd. The stock was acquired at an average cost of $3.95 per share, for a total transaction of $59,250.00. Following the completion of the acquisition, the director now directly owns 20,000 shares of the company’s stock, valued at approximately $79,000. This represents a 300.00% increase in their position. The purchase was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. 41.10% of the stock is owned by corporate insiders.

Wall Street Analysts Forecast Growth

Separately, Wall Street Zen lowered shares of FutureFuel from a “hold” rating to a “sell” rating in a report on Thursday.

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.