FutureFuel (NYSE:FF) CEO Roeland Polet Buys 10,000 Shares

FutureFuel Corp. (NYSE:FF) CEO Roeland Polet acquired 10,000 shares of the firm’s stock in a transaction that occurred on Thursday, June 4th. The shares were bought at an average price of $4.28 per share, with a total value of $42,800.00. Following the acquisition, the chief executive officer directly owned 35,000 shares of the company’s stock, valued at $149,800. The trade was a 40.00% increase in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink.

FutureFuel Stock Up 0.3%

Shares of NYSE:FF opened at $4.39 on Friday. The firm has a market capitalization of $192.33 million, a PE ratio of -3.68 and a beta of 0.82. FutureFuel Corp. has a twelve month low of $3.09 and a twelve month high of $5.12. The company has a 50-day moving average price of $4.23 and a two-hundred day moving average price of $3.80.

FutureFuel (NYSE:FF) last issued its earnings results on Monday, May 11th. The energy company reported ($0.47) earnings per share for the quarter. The business 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 Cuts Dividend

The business also recently announced a quarterly dividend, which will be paid on Thursday, June 18th. Shareholders of record on Thursday, June 4th will be given a dividend of $0.01 per share. The ex-dividend date is Thursday, June 4th. This represents a $0.04 annualized dividend and a dividend yield of 0.9%. FutureFuel’s dividend payout ratio is currently -3.36%.

Institutional Investors Weigh In On FutureFuel

Several hedge funds have recently bought and sold shares of FF. BNP Paribas Financial Markets lifted its position in FutureFuel by 226.0% during the third quarter. BNP Paribas Financial Markets now owns 9,038 shares of the energy company’s stock valued at $35,000 after purchasing an additional 6,266 shares during the last quarter. Brooklyn Investment Group lifted its position in FutureFuel by 4,087.0% during the third quarter. Brooklyn Investment Group now owns 12,854 shares of the energy company’s stock valued at $50,000 after purchasing an additional 12,547 shares during the last quarter. Centiva Capital LP bought a new stake in FutureFuel during the third quarter valued at approximately $50,000. Jacobs Levy Equity Management Inc. bought a new stake in FutureFuel during the third quarter valued at approximately $51,000. Finally, HRT Financial LP bought a new stake in FutureFuel during the fourth quarter valued at approximately $56,000. 44.56% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

A number of research firms have recently commented on FF. 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 report on Tuesday, April 21st. One analyst has rated the stock with a Sell rating, According to data from MarketBeat, the company has a consensus rating of “Sell”.

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.