First Trust Advisors LP Lowers Stock Position in FutureFuel Corp. (NYSE:FF)

First Trust Advisors LP decreased its position in FutureFuel Corp. (NYSE:FF) by 9.3% in the fourth quarter, Holdings Channel reports. The institutional investor owned 83,656 shares of the energy company’s stock after selling 8,549 shares during the period. First Trust Advisors LP’s holdings in FutureFuel were worth $443,000 as of its most recent filing with the SEC.

Other large investors also recently added to or reduced their stakes in the company. SG Americas Securities LLC grew its position in shares of FutureFuel by 28.8% in the fourth quarter. SG Americas Securities LLC now owns 12,990 shares of the energy company’s stock valued at $69,000 after purchasing an additional 2,904 shares in the last quarter. Wells Fargo & Company MN lifted its stake in FutureFuel by 25.9% in the fourth quarter. Wells Fargo & Company MN now owns 16,225 shares of the energy company’s stock worth $86,000 after acquiring an additional 3,337 shares during the last quarter. Barclays PLC raised its position in shares of FutureFuel by 14.7% during the 4th quarter. Barclays PLC now owns 39,288 shares of the energy company’s stock worth $208,000 after acquiring an additional 5,047 shares in the last quarter. Victory Capital Management Inc. grew its holdings in shares of FutureFuel by 23.5% during the fourth quarter. Victory Capital Management Inc. now owns 37,153 shares of the energy company’s stock worth $197,000 after purchasing an additional 7,064 shares during the last quarter. Finally, Merit Financial Group LLC increased its holdings in shares of FutureFuel by 11.9% in the 4th quarter. Merit Financial Group LLC now owns 70,141 shares of the energy company’s stock valued at $371,000 after acquiring an additional 7,472 shares during the period. 44.56% of the stock is currently owned by institutional investors and hedge funds.

FutureFuel Trading Up 0.7 %

Shares of FF stock opened at $4.11 on Friday. The company has a market capitalization of $180.03 million, a P/E ratio of 5.01 and a beta of 0.69. FutureFuel Corp. has a twelve month low of $3.77 and a twelve month high of $6.40. The business’s 50 day moving average is $4.11 and its two-hundred day moving average is $4.86.

FutureFuel (NYSE:FF) last released its quarterly earnings data on Friday, March 28th. The energy company reported $0.06 earnings per share for the quarter. FutureFuel had a return on equity of 15.32% and a net margin of 13.18%. The firm had revenue of $61.51 million during the quarter.

Insiders Place Their Bets

In other news, Director Richard P. Rowe acquired 15,000 shares of the business’s stock in a transaction dated Thursday, April 3rd. The stock was acquired at an average price of $3.95 per share, with a total value of $59,250.00. Following the completion of the transaction, the director now directly owns 20,000 shares in the company, valued at approximately $79,000. This represents a 300.00 % increase in their position. The acquisition was disclosed in a document filed with the SEC, which is available at this hyperlink. 41.10% of the stock is currently owned by company insiders.

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.