FutureFuel Corp. (NYSE:FF) Shares Acquired by Fmr LLC

Fmr LLC increased its holdings in shares of FutureFuel Corp. (NYSE:FF) by 235.8% during the third quarter, HoldingsChannel reports. The fund owned 23,026 shares of the energy company’s stock after buying an additional 16,169 shares during the period. Fmr LLC’s holdings in FutureFuel were worth $132,000 at the end of the most recent reporting period.

Other large investors have also recently bought and sold shares of the company. nVerses Capital LLC purchased a new stake in shares of FutureFuel during the 2nd quarter worth $26,000. 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. Pallas Capital Advisors LLC increased its holdings in FutureFuel by 57.7% in the third quarter. Pallas Capital Advisors LLC now owns 18,518 shares of the energy company’s stock valued at $114,000 after buying an additional 6,779 shares in the last quarter. SG Americas Securities LLC acquired a new stake in shares of FutureFuel during the 3rd quarter valued at approximately $58,000. Finally, Empowered Funds LLC boosted its stake in shares of FutureFuel by 5.3% during the 3rd quarter. Empowered Funds LLC now owns 222,130 shares of the energy company’s stock worth $1,277,000 after acquiring an additional 11,256 shares in the last quarter. Hedge funds and other institutional investors own 44.56% of the company’s stock.

Insider Activity

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

Wall Street Analysts Forecast Growth

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

FutureFuel Stock Performance

Shares of NYSE:FF opened at $5.10 on Monday. FutureFuel Corp. has a one year low of $4.15 and a one year high of $8.36. The stock has a market cap of $223.19 million, a PE ratio of 6.22 and a beta of 0.58. The business’s fifty day moving average price is $5.55 and its two-hundred day moving average price is $5.48.

FutureFuel Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Thursday, December 18th. Stockholders 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 dividend yield of 4.71%. FutureFuel’s dividend payout ratio (DPR) is presently 29.27%.

About FutureFuel

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.