123,420 Shares in FutureFuel Corp. $FF Bought by Walleye Capital LLC

Walleye Capital LLC bought a new position in FutureFuel Corp. (NYSE:FF) during the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm bought 123,420 shares of the energy company’s stock, valued at approximately $475,000. Walleye Capital LLC owned 0.28% of FutureFuel at the end of the most recent reporting period.

A number of other hedge funds also recently added to or reduced their stakes in the stock. PNC Financial Services Group Inc. increased its holdings in shares of FutureFuel by 65.3% in the 1st quarter. PNC Financial Services Group Inc. now owns 16,404 shares of the energy company’s stock worth $63,000 after acquiring an additional 6,480 shares during the period. Bank of New York Mellon Corp increased its stake in shares of FutureFuel by 15.4% in the first quarter. Bank of New York Mellon Corp now owns 207,030 shares of the energy company’s stock valued at $797,000 after purchasing an additional 27,647 shares during the period. Jump Financial LLC increased its stake in shares of FutureFuel by 113.4% in the fourth quarter. Jump Financial LLC now owns 23,050 shares of the energy company’s stock valued at $74,000 after purchasing an additional 12,249 shares during the period. Gate City Capital Management LLC raised its holdings in shares of FutureFuel by 37.3% during the fourth quarter. Gate City Capital Management LLC now owns 1,104,149 shares of the energy company’s stock valued at $3,522,000 after buying an additional 299,924 shares during the last quarter. Finally, Squarepoint Ops LLC raised its holdings in shares of FutureFuel by 59.4% during the fourth quarter. Squarepoint Ops LLC now owns 25,618 shares of the energy company’s stock valued at $82,000 after buying an additional 9,545 shares during the last quarter. 44.56% of the stock is currently owned by institutional investors.

Insider Buying and Selling

In other news, CEO Roeland Polet bought 10,000 shares of the company’s stock in a transaction that occurred on Thursday, June 4th. The shares were purchased at an average price of $4.28 per share, with a total value of $42,800.00. Following the completion of the acquisition, the chief executive officer directly owned 35,000 shares in the company, valued at approximately $149,800. This trade represents a 40.00% increase in their ownership of the stock. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. 42.40% of the stock is currently owned by insiders.

Analysts Set New Price Targets

FF has been the subject of a number of recent analyst reports. Wall Street Zen raised FutureFuel from a “strong sell” rating to a “sell” rating in a report on Saturday, May 16th. Weiss Ratings reaffirmed a “sell (d)” rating on shares of FutureFuel in a research note on Friday, July 17th. One investment analyst has rated the stock with a Sell rating, According to data from MarketBeat, the company currently has an average rating of “Sell”.

FutureFuel Stock Down 1.7%

Shares of FF opened at $4.64 on Friday. The firm has a market capitalization of $203.42 million, a PE ratio of -3.90 and a beta of 0.81. The firm has a 50-day moving average price of $4.42 and a 200 day moving average price of $4.11. FutureFuel Corp. has a 52-week low of $3.09 and a 52-week high of $5.24.

FutureFuel (NYSE:FF) last released its quarterly earnings results on Monday, May 11th. The energy company reported ($0.47) EPS for the quarter. The company had revenue of $31.95 million for the quarter. FutureFuel had a negative return on equity of 32.51% and a negative net margin of 47.51%.

FutureFuel Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, September 18th. Investors of record on Friday, September 4th will be paid a dividend of $0.01 per share. This represents a $0.04 dividend on an annualized basis and a dividend yield of 0.9%. The ex-dividend date is Friday, September 4th. FutureFuel’s dividend payout ratio (DPR) is currently -3.36%.

FutureFuel Company Profile

FutureFuel Corporation (NYSE: FF) operates as a specialty chemicals and biofuels producer, combining industrial chemistry with renewable energy solutions. Through its wholly owned subsidiary, FutureFuel Chemical Company, it manufactures a diverse portfolio of chemical products that serve fiber and textile applications, agricultural markets, water treatment processes and industrial coatings. In parallel, the company produces biodiesel using vegetable oils and animal fats as feedstocks, supplying both wholesale fuel distributors and commercial users seeking lower-carbon fuel alternatives.

The company’s manufacturing hub is located in Decatur, Arkansas, on a site originally constructed as an ordnance plant during World War II.