Comerica Bank increased its position in FutureFuel Corp. (NYSE:FF) by 6.3% during the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 24,256 shares of the energy company’s stock after buying an additional 1,442 shares during the period. Comerica Bank owned about 0.06% of FutureFuel Corp. worth $327,000 at the end of the most recent quarter.
A number of other institutional investors also recently made changes to their positions in FF. JPMorgan Chase & Co. boosted its position in shares of FutureFuel Corp. by 11.4% in the third quarter. JPMorgan Chase & Co. now owns 217,114 shares of the energy company’s stock worth $2,448,000 after buying an additional 22,260 shares during the period. Russell Investments Group Ltd. bought a new position in shares of FutureFuel Corp. during the fourth quarter worth approximately $1,515,000. Citadel Advisors LLC boosted its position in shares of FutureFuel Corp. by 159.8% in the third quarter. Citadel Advisors LLC now owns 49,072 shares of the energy company’s stock worth $554,000 after buying an additional 30,183 shares during the period. Ardsley Advisory Partners bought a new position in shares of FutureFuel Corp. during the third quarter worth approximately $508,000. Finally, Capital One National Association boosted its position in shares of FutureFuel Corp. by 3.1% in the third quarter. Capital One National Association now owns 42,220 shares of the energy company’s stock worth $476,000 after buying an additional 1,255 shares during the period. 39.70% of the stock is currently owned by institutional investors and hedge funds.
FutureFuel Corp. (NYSE:FF) traded up 1.94% during trading on Thursday, hitting $14.69. The stock had a trading volume of 105,593 shares. FutureFuel Corp. has a 12 month low of $9.77 and a 12 month high of $16.58. The stock has a market cap of $642.67 million, a price-to-earnings ratio of 11.39 and a beta of 1.61. The stock has a 50 day moving average price of $13.81 and a 200-day moving average price of $13.28.
FutureFuel Corp. (NYSE:FF) last issued its quarterly earnings data on Thursday, March 16th. The energy company reported $0.43 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.22 by $0.21. The company had revenue of $69.37 million for the quarter. FutureFuel Corp. had a return on equity of 16.41% and a net margin of 30.92%. On average, equities analysts predict that FutureFuel Corp. will post $1.08 EPS for the current year.
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Separately, Zacks Investment Research cut FutureFuel Corp. from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, January 3rd.
In other news, Director Keith Neumeyer acquired 87,500 shares of the company’s stock in a transaction on Thursday, March 30th. The shares were bought at an average price of $0.81 per share, with a total value of $70,875.00. Also, VP Paul M. Flynn sold 10,000 shares of the firm’s stock in a transaction dated Friday, March 24th. The stock was sold at an average price of $13.55, for a total value of $135,500.00. Following the transaction, the vice president now directly owns 60,000 shares in the company, valued at approximately $813,000. The disclosure for this sale can be found here. Company insiders own 43.40% of the company’s stock.
About FutureFuel Corp.
FutureFuel Corp. is the holding company of FutureFuel Chemical Company. FutureFuel Chemical Company manufactures diversified chemical products, bio-based products consisting of biofuels, and bio-based specialty chemical products. FutureFuel Chemical Company conducts its operations through two segments: chemicals and biofuels.
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