1 day Ago By Defense World Staff
Arrowstreet Capital Limited Partnership boosted its stake in shares of FutureFuel Corp. (NYSE:FF – Free Report) by 19.2% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC).
The institutional investor owned 165,177 shares of the energy company’s stock after buying an additional 26,631 shares during the quarter. Arrowstreet Capital Limited Partnership owned approximately 0.38% of FutureFuel worth $874,000 as of its most recent SEC filing.
Several other large investors also recently added to or reduced their stakes in the stock. Intech Investment Management LLC purchased a new stake in FutureFuel in the fourth quarter worth about $63,000. SG Americas Securities LLC lifted its position in shares of FutureFuel by 28.
8% in the 4th 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 period. The Manufacturers Life Insurance Company bought a new position in shares of FutureFuel during the third quarter valued at approximately $69,000.
XTX Topco Ltd purchased a new position in FutureFuel during the third quarter valued at approximately $82,000. Finally, Koss Olinger Consulting LLC bought a new position in FutureFuel in the fourth quarter worth approximately $100,000. 44.
56% of the stock is owned by hedge funds and other institutional investors. FutureFuel Trading Down 1.1 %Shares of NYSE FF opened at $4.
02 on Friday. FutureFuel Corp. has a 12-month low of $3.
77 and a 12-month high of $6.40. The stock’s fifty day simple moving average is $4.
41 and its two-hundred day simple moving average is $5.13. The stock has a market capitalization of $175.
87 million, a PE ratio of 4.90 and a beta of 0.79.
FutureFuel (NYSE:FF – Get Free Report) last issued its quarterly earnings data on Friday, March 28th. The energy company reported $0.06 earnings per share for the quarter.
The company had revenue of $61.51 million for the quarter. FutureFuel had a return on equity of 15.
32% and a net margin of 13.18%. Insider Buying and SellingIn other FutureFuel news, Director Richard P.
Rowe purchased 15,000 shares of the stock in a transaction on Thursday, April 3rd. The stock was acquired 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 $79,000. The trade was 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. 41.
10% of the stock is currently owned by company insiders. About FutureFuel (Free Report)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.Further ReadingFive stocks we like better than FutureFuelDo Real Estate Investment Trusts Deserve a Place in Your Portfolio?Robinhood Strategies Could Be a Game-Changer for Young InvestorsGolden Cross Stocks: Pattern, Examples and Charts Are These 3 Retail Stocks Oversold or Really in Trouble?How to Invest in Blue Chip StocksIONQ & RGTI Join DARPA Quantum Initiative: High Stakes Are Ahead.
