XTX Topco Ltd Reduces Position in FutureFuel Corp. (NYSE:FF)

XTX Topco Ltd lessened its holdings in shares of FutureFuel Corp. (NYSE:FF) by 40.3% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 15,204 shares of the energy company’s stock after selling 10,258 shares during the quarter. XTX Topco Ltd’s holdings in FutureFuel were worth $59,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds have also modified their holdings of FF. JPMorgan Chase & Co. raised its position in shares of FutureFuel by 1,075.6% during the 4th quarter. JPMorgan Chase & Co. now owns 140,340 shares of the energy company’s stock valued at $742,000 after purchasing an additional 128,402 shares during the period. Wells Fargo & Company MN raised its position in shares of FutureFuel by 25.9% during the 4th quarter. Wells Fargo & Company MN now owns 16,225 shares of the energy company’s stock valued at $86,000 after purchasing an additional 3,337 shares during the period. 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 valued at $208,000 after purchasing an additional 5,047 shares during the period. Dimensional Fund Advisors LP raised its position in shares of FutureFuel by 8.3% during the 4th quarter. Dimensional Fund Advisors LP now owns 2,218,292 shares of the energy company’s stock valued at $11,735,000 after purchasing an additional 169,438 shares during the period. Finally, MetLife Investment Management LLC raised its position in shares of FutureFuel by 449.4% during the 4th quarter. MetLife Investment Management LLC now owns 16,455 shares of the energy company’s stock valued at $87,000 after purchasing an additional 13,460 shares during the period. Hedge funds and other institutional investors own 44.56% of the company’s stock.

FutureFuel Stock Performance

Shares of NYSE FF opened at $3.62 on Friday. The company has a market cap of $158.56 million, a P/E ratio of -5.93 and a beta of 0.57. The firm’s fifty day moving average is $4.02 and its two-hundred day moving average is $4.20. FutureFuel Corp. has a 52-week low of $3.58 and a 52-week high of $6.40.

FutureFuel (NYSE:FF) last announced its quarterly earnings results on Monday, August 11th. The energy company reported ($0.24) earnings per share (EPS) for the quarter. The company had revenue of $35.67 million during the quarter. FutureFuel had a negative net margin of 15.95% and a negative return on equity of 13.47%.

FutureFuel Cuts Dividend

The business also recently declared a dividend, which was paid on Wednesday, June 18th. Shareholders of record on Thursday, June 5th were issued a $0.06 dividend. This represents a yield of 608.0%. The ex-dividend date was Wednesday, June 4th. FutureFuel’s payout ratio is currently -39.34%.

Wall Street Analysts Forecast Growth

Separately, Wall Street Zen downgraded shares of FutureFuel from a “hold” rating to a “sell” rating in a research report on Thursday, May 22nd.

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.