Quarry LP Acquires New Holdings in FutureFuel Corp. (NYSE:FF)

Quarry LP bought a new position in shares of FutureFuel Corp. (NYSE:FF) during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund bought 8,097 shares of the energy company’s stock, valued at approximately $47,000.

Several other institutional investors also recently modified their holdings of FF. Los Angeles Capital Management LLC increased its position in FutureFuel by 612.4% in the 2nd quarter. Los Angeles Capital Management LLC now owns 352,525 shares of the energy company’s stock valued at $1,808,000 after acquiring an additional 303,038 shares during the period. AQR Capital Management LLC increased its holdings in FutureFuel by 76.1% in the second quarter. AQR Capital Management LLC now owns 1,553,136 shares of the energy company’s stock valued at $7,968,000 after purchasing an additional 671,144 shares during the period. Private Advisor Group LLC bought a new position in FutureFuel during the 3rd quarter worth $191,000. Ritholtz Wealth Management lifted its holdings in FutureFuel by 203.9% during the 3rd quarter. Ritholtz Wealth Management now owns 138,373 shares of the energy company’s stock worth $796,000 after buying an additional 92,848 shares during the period. Finally, Nisa Investment Advisors LLC lifted its holdings in FutureFuel by 27.3% during the 2nd 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. 44.56% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Separately, StockNews.com downgraded FutureFuel from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, November 19th.

Insider Transactions at FutureFuel

In other FutureFuel news, CEO Roeland Polet purchased 10,000 shares of the business’s stock in a transaction on Wednesday, November 13th. The shares were purchased at an average cost of $5.11 per share, for a total transaction of $51,100.00. Following the acquisition, the chief executive officer now owns 10,000 shares of the company’s stock, valued at approximately $51,100. This represents a ∞ increase in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Corporate insiders own 41.10% of the company’s stock.

FutureFuel Stock Down 1.9 %

FF opened at $5.20 on Wednesday. FutureFuel Corp. has a twelve month low of $4.15 and a twelve month high of $8.36. The company has a fifty day moving average of $5.68 and a 200-day moving average of $5.44. The stock has a market cap of $227.55 million, a PE ratio of 6.34 and a beta of 0.58.

FutureFuel Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, December 18th. Shareholders of record on Thursday, December 4th will be issued a dividend of $0.06 per share. The ex-dividend date is Thursday, December 4th. This represents a $0.24 dividend on an annualized basis and a yield of 4.62%. FutureFuel’s payout ratio is currently 29.27%.

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.