BNP Paribas Financial Markets Sells 23,775 Shares of FutureFuel Corp. (NYSE:FF)

BNP Paribas Financial Markets trimmed its position in shares of FutureFuel Corp. (NYSE:FF) by 61.2% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 15,043 shares of the energy company’s stock after selling 23,775 shares during the period. BNP Paribas Financial Markets’ holdings in FutureFuel were worth $80,000 as of its most recent SEC filing.

Other hedge funds also recently bought and sold shares of the company. Price T Rowe Associates Inc. MD bought a new stake in shares of FutureFuel in the fourth quarter valued at about $54,000. Intech Investment Management LLC bought a new stake in shares of FutureFuel in the fourth quarter valued at about $63,000. SG Americas Securities LLC lifted its stake 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 valued at $69,000 after buying an additional 2,904 shares during the period. Wells Fargo & Company MN lifted its stake in shares of FutureFuel by 25.9% in the fourth quarter. Wells Fargo & Company MN now owns 16,225 shares of the energy company’s stock valued at $86,000 after buying an additional 3,337 shares during the period. Finally, MetLife Investment Management LLC lifted its stake in shares of FutureFuel by 449.4% in the fourth quarter. MetLife Investment Management LLC now owns 16,455 shares of the energy company’s stock valued at $87,000 after buying an additional 13,460 shares during the period. 44.56% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

Separately, Wall Street Zen cut shares of FutureFuel from a “hold” rating to a “sell” rating in a research note on Thursday, May 22nd.

FutureFuel Stock Performance

NYSE FF opened at $3.95 on Monday. The firm has a 50-day simple moving average of $4.04 and a 200 day simple moving average of $4.66. FutureFuel Corp. has a twelve month low of $3.77 and a twelve month high of $6.40. The stock has a market cap of $173.02 million, a PE ratio of 4.82 and a beta of 0.69.

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

FutureFuel Cuts Dividend

The firm also recently declared a dividend, which will be paid on Wednesday, June 18th. Investors of record on Thursday, June 5th will be given a $0.06 dividend. This represents a yield of 6.08%. The ex-dividend date is Wednesday, June 4th. FutureFuel’s dividend payout ratio (DPR) is presently -160.00%.

Insider Buying and Selling

In other news, Director Richard P. Rowe acquired 15,000 shares of the company’s stock in a transaction dated Thursday, April 3rd. The stock was bought at an average price of $3.95 per share, with a total value of $59,250.00. Following the completion of the acquisition, the director now owns 20,000 shares in the company, valued at approximately $79,000. This represents a 300.00% increase in their position. The acquisition was disclosed in a document filed with the SEC, which is available through this hyperlink. Company insiders own 41.10% of the company’s stock.

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.