GSA Capital Partners LLP Makes New Investment in FutureFuel Corp. $FF

GSA Capital Partners LLP purchased a new stake in shares of FutureFuel Corp. (NYSE:FF) during the second quarter, Holdings Channel.com reports. The firm purchased 227,599 shares of the energy company’s stock, valued at approximately $1,029,000.

Several other large investors have also recently made changes to their positions in the business. Gate City Capital Management LLC lifted its holdings in shares of FutureFuel by 37.3% in the 4th quarter. Gate City Capital Management LLC now owns 1,104,149 shares of the energy company’s stock worth $3,522,000 after acquiring an additional 299,924 shares during the last quarter. Arrowstreet Capital Limited Partnership bought a new position in shares of FutureFuel during the 1st quarter valued at $573,000. Walleye Capital LLC bought a new position in shares of FutureFuel during the 1st quarter valued at $475,000. Stifel Financial Corp purchased a new position in FutureFuel in the 4th quarter worth $350,000. Finally, Marshall Wace LLP raised its position in FutureFuel by 176.7% in the 4th quarter. Marshall Wace LLP now owns 153,878 shares of the energy company’s stock worth $491,000 after purchasing an additional 98,260 shares during the period. 44.56% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

FF has been the subject of several analyst reports. Wall Street Zen upgraded shares of FutureFuel from a “sell” rating to a “hold” rating in a research report on Saturday. Weiss Ratings cut FutureFuel from a “sell (d+)” rating to a “sell (d-)” rating in a research note on Thursday. One investment analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, the company has an average rating of “Sell”.

FutureFuel Stock Performance

Shares of FF stock opened at $5.73 on Tuesday. FutureFuel Corp. has a fifty-two week low of $3.09 and a fifty-two week high of $6.99. The stock has a 50 day moving average price of $4.75 and a two-hundred day moving average price of $4.33. The company has a market capitalization of $251.32 million, a P/E ratio of -8.19 and a beta of 0.82.

FutureFuel (NYSE:FF) last released its quarterly earnings data on Monday, August 10th. The energy company reported $0.25 earnings per share for the quarter. FutureFuel had a negative return on equity of 19.75% and a negative net margin of 19.94%.The firm had revenue of $78.73 million during the quarter.

FutureFuel Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Friday, September 18th. Shareholders of record on Friday, September 4th will be given a dividend of $0.01 per share. The ex-dividend date of this dividend is Friday, September 4th. This represents a $0.04 annualized dividend and a yield of 0.7%. FutureFuel’s dividend payout ratio is presently -5.71%.

Insiders Place Their Bets

In other news, CEO Roeland Polet purchased 10,000 shares of the company’s stock in a transaction on Thursday, June 4th. The stock was acquired at an average price of $4.28 per share, with a total value of $42,800.00. Following the transaction, the chief executive officer directly owned 35,000 shares of the company’s stock, valued at approximately $149,800. This represents a 40.00% increase in their position. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. 42.60% of the stock is owned by insiders.

About FutureFuel

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.