FutureFuel Corp. (NYSE:FF) Position Trimmed by Squarepoint Ops LLC

Squarepoint Ops LLC lowered its position in shares of FutureFuel Corp. (NYSE:FF) by 15.8% in the 4th quarter, according to its most recent disclosure with the SEC. The fund owned 14,408 shares of the energy company’s stock after selling 2,706 shares during the period. Squarepoint Ops LLC’s holdings in FutureFuel were worth $76,000 as of its most recent filing with the SEC.

Several other institutional investors have also modified their holdings of FF. MetLife Investment Management LLC lifted its holdings in FutureFuel by 449.4% in the fourth quarter. MetLife Investment Management LLC now owns 16,455 shares of the energy company’s stock worth $87,000 after purchasing an additional 13,460 shares during the period. D. E. Shaw & Co. Inc. lifted its holdings in FutureFuel by 107.5% in the fourth quarter. D. E. Shaw & Co. Inc. now owns 262,348 shares of the energy company’s stock worth $1,388,000 after purchasing an additional 135,945 shares during the period. Gate City Capital Management LLC acquired a new stake in FutureFuel in the fourth quarter worth about $4,507,000. JPMorgan Chase & Co. lifted its holdings in FutureFuel by 1,075.6% in the fourth quarter. JPMorgan Chase & Co. now owns 140,340 shares of the energy company’s stock worth $742,000 after purchasing an additional 128,402 shares during the period. Finally, Northern Trust Corp lifted its holdings in FutureFuel by 3.8% in the fourth quarter. Northern Trust Corp now owns 232,211 shares of the energy company’s stock worth $1,228,000 after purchasing an additional 8,529 shares during the period. Institutional investors own 44.56% of the company’s stock.

Insiders Place Their Bets

In other news, Director Richard P. Rowe bought 15,000 shares of the firm’s stock in a transaction that occurred on Thursday, April 3rd. The stock was acquired at an average cost of $3.95 per share, with a total value of $59,250.00. Following the completion of the purchase, the director now owns 20,000 shares of the company’s stock, valued at $79,000. This represents a 300.00% increase in their ownership of the stock. The acquisition was disclosed in a filing with the SEC, which can be accessed through this link. Company insiders own 41.10% of the company’s stock.

FutureFuel Stock Up 0.4%

NYSE FF opened at $3.91 on Tuesday. The stock has a market capitalization of $171.09 million, a PE ratio of 4.76 and a beta of 0.60. FutureFuel Corp. has a 12-month low of $3.77 and a 12-month high of $6.40. The company has a 50 day moving average price of $4.01 and a two-hundred day moving average price of $4.60.

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. FutureFuel had a net margin of 13.18% and a return on equity of 15.32%. The company had revenue of $17.54 million for the quarter.

FutureFuel Cuts Dividend

The company also recently disclosed a dividend, which will be paid on Wednesday, June 18th. Shareholders of record on Thursday, June 5th will be issued a dividend of $0.06 per share. The ex-dividend date of this dividend is Wednesday, June 4th. This represents a yield of 6.08%. FutureFuel’s dividend payout ratio is currently -160.00%.

Wall Street Analysts Forecast Growth

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

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.