1 day Ago By ABMN Staff
Bank of New York Mellon Corp lowered its position in shares of FutureFuel Corp. ( NYSE:FF – Free Report ) by 4.3% in the second quarter, HoldingsChannel.
com reports. The firm owned 424,364 shares of the energy company’s stock after selling 19,085 shares during the quarter. Bank of New York Mellon Corp’s holdings in FutureFuel were worth $2,177,000 as of its most recent SEC filing.
Other institutional investors and hedge funds have also recently modified their holdings of the company. Aigen Investment Management LP purchased a new position in FutureFuel during the fourth quarter worth about $173,000. Dynamic Technology Lab Private Ltd acquired a new position in FutureFuel during the fourth quarter worth about $315,000.
Quadrature Capital Ltd grew its position in FutureFuel by 170.7% during the first quarter. Quadrature Capital Ltd now owns 37,569 shares of the energy company’s stock worth $302,000 after buying an additional 23,692 shares during the period.
Denali Advisors LLC grew its position in FutureFuel by 78.7% during the first quarter. Denali Advisors LLC now owns 53,800 shares of the energy company’s stock worth $433,000 after buying an additional 23,700 shares during the period.
Finally, Nisa Investment Advisors LLC grew its position in FutureFuel by 27.3% during the second quarter. Nisa Investment Advisors LLC now owns 25,238 shares of the energy company’s stock worth $129,000 after buying an additional 5,408 shares during the period.
Institutional investors and hedge funds own 44.56% of the company’s stock. Insider Activity at FutureFuel In other news, Director Paul Manheim acquired 6,000 shares of the business’s stock in a transaction that occurred on Thursday, August 15th.
The shares were purchased at an average cost of $6.10 per share, for a total transaction of $36,600.00.
Following the transaction, the director now directly owns 19,103 shares in the company, valued at approximately $116,528.30. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website .
40.90% of the stock is currently owned by insiders. Analyst Ratings Changes Check Out Our Latest Stock Analysis on FF FutureFuel Trading Up 3.
1 % Shares of FF stock opened at $5.74 on Wednesday. The company’s fifty day simple moving average is $5.
61 and its 200-day simple moving average is $5.67. FutureFuel Corp.
has a 52 week low of $4.15 and a 52 week high of $8.36.
The company has a market cap of $251.20 million, a PE ratio of 12.48 and a beta of 0.
62. FutureFuel ( NYSE:FF – Get Free Report ) last released its quarterly earnings results on Friday, August 9th. The energy company reported $0.
22 earnings per share (EPS) for the quarter. The firm had revenue of $72.41 million for the quarter.
FutureFuel had a net margin of 11.80% and a return on equity of 15.62%.
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 Reading Want to see what other hedge funds are holding FF? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for FutureFuel Corp.
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