Caxton Associates LP acquired a new position in shares of FutureFuel Corp. (NYSE:FF) in the 1st quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm acquired 24,642 shares of the energy company’s stock, valued at approximately $358,000. Caxton Associates LP owned about 0.06% of FutureFuel at the end of the most recent quarter.
A number of other institutional investors have also recently added to or reduced their stakes in the stock. Vantage Consulting Group Inc purchased a new position in FutureFuel during the fourth quarter worth about $39,000. Citigroup Inc. boosted its stake in FutureFuel by 255.7% during the fourth quarter. Citigroup Inc. now owns 6,587 shares of the energy company’s stock worth $84,000 after buying an additional 4,735 shares during the period. Schroder Investment Management Group purchased a new position in FutureFuel during the fourth quarter worth about $161,000. 6 Meridian boosted its stake in FutureFuel by 18.6% during the first quarter. 6 Meridian now owns 12,700 shares of the energy company’s stock worth $185,000 after buying an additional 1,994 shares during the period. Finally, BNP Paribas Arbitrage SA boosted its stake in FutureFuel by 92.4% during the first quarter. BNP Paribas Arbitrage SA now owns 13,990 shares of the energy company’s stock worth $203,000 after buying an additional 6,717 shares during the period. Hedge funds and other institutional investors own 53.78% of the company’s stock.
Separately, TheStreet lowered shares of FutureFuel from a “b” rating to a “c” rating in a research note on Monday, May 10th.
NYSE FF opened at $8.87 on Thursday. The company has a 50 day simple moving average of $10.45. FutureFuel Corp. has a one year low of $8.53 and a one year high of $17.86. The stock has a market capitalization of $387.97 million, a price-to-earnings ratio of 37.96 and a beta of 0.86.
FutureFuel (NYSE:FF) last posted its quarterly earnings data on Friday, May 7th. The energy company reported ($0.14) EPS for the quarter. FutureFuel had a net margin of 9.72% and a return on equity of 1.86%. The business had revenue of $41.52 million during the quarter.
The firm also recently disclosed a None dividend, which was paid on Friday, June 4th. Stockholders of record on Friday, May 21st were paid a $2.50 dividend. This represents a dividend yield of 1.63%. The ex-dividend date of this dividend was Thursday, May 20th.
FutureFuel Corp., through its subsidiary, FutureFuel Chemical Company, 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 agricultural chemical, 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.
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