State Street Corp Purchases 44,225 Shares of FutureFuel Corp. (NYSE:FF)

State Street Corp lifted its position in shares of FutureFuel Corp. (NYSE:FF) by 4.5% in the 2nd quarter, HoldingsChannel reports. The institutional investor owned 1,024,140 shares of the energy company’s stock after purchasing an additional 44,225 shares during the quarter. State Street Corp’s holdings in FutureFuel were worth $9,832,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently made changes to their positions in the stock. Goldman Sachs Group Inc. grew its holdings in FutureFuel by 41.9% during the 2nd quarter. Goldman Sachs Group Inc. now owns 69,689 shares of the energy company’s stock worth $669,000 after acquiring an additional 20,578 shares during the period. Hotchkis & Wiley Capital Management LLC grew its holdings in FutureFuel by 73.2% during the 2nd quarter. Hotchkis & Wiley Capital Management LLC now owns 229,050 shares of the energy company’s stock worth $2,199,000 after acquiring an additional 96,770 shares during the period. PEAK6 Investments LLC acquired a new stake in FutureFuel during the 2nd quarter worth about $424,000. Public Sector Pension Investment Board grew its stake in shares of FutureFuel by 4.6% in the 2nd quarter. Public Sector Pension Investment Board now owns 62,289 shares of the energy company’s stock valued at $598,000 after buying an additional 2,746 shares during the period. Finally, Trexquant Investment LP acquired a new stake in shares of FutureFuel in the 2nd quarter valued at about $120,000. 48.64% of the stock is owned by institutional investors and hedge funds.

In other FutureFuel news, Director Donald C. Bedell purchased 5,000 shares of the company’s stock in a transaction that occurred on Friday, October 29th. The shares were acquired at an average price of $7.15 per share, with a total value of $35,750.00. The acquisition was disclosed in a document filed with the SEC, which is accessible through this link. 40.81% of the stock is currently owned by company insiders.

Shares of FF opened at $8.08 on Thursday. The stock has a 50-day moving average of $7.76 and a 200-day moving average of $8.96. The company has a market cap of $353.61 million, a PE ratio of 28.86 and a beta of 0.84. FutureFuel Corp. has a one year low of $7.04 and a one year high of $17.86.

FutureFuel (NYSE:FF) last announced its quarterly earnings results on Tuesday, November 9th. The energy company reported $0.21 earnings per share for the quarter. FutureFuel had a net margin of 3.55% and a return on equity of 2.86%. The business had revenue of $98.68 million for the quarter.

Separately, HC Wainwright raised their target price on FutureFuel from $1.20 to $1.30 and gave the company a “buy” rating in a research note on Tuesday, August 31st.

FutureFuel Profile

FutureFuel Corp.is engaged in the development, manufacture and marketing of biofuels and specialty chemicals. It operates through the Chemicals and Biofuels segment. The Chemicals segment produces chemical products that are sold to third party customers. The Biofuels segment includes the manufacture and market of biodiesel, including biodiesel blends with petrodiesel, petrodiesel with no biodiesel added, RINs, biodiesel production byproducts and the purchase and sale of other petroleum products.

Featured Article: Consumer Price Index (CPI)

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. (NYSE:FF).

Institutional Ownership by Quarter for FutureFuel (NYSE:FF)

Receive News & Ratings for FutureFuel Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for FutureFuel and related companies with MarketBeat.com's FREE daily email newsletter.