Nisa Investment Advisors LLC Increases Stock Position in FutureFuel Corp. (NYSE:FF)

Nisa Investment Advisors LLC increased its position in FutureFuel Corp. (NYSE:FF) by 666.7% in the second quarter, Holdings Channel.com reports. The fund owned 9,200 shares of the energy company’s stock after purchasing an additional 8,000 shares during the period. Nisa Investment Advisors LLC’s holdings in FutureFuel were worth $88,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently made changes to their positions in the stock. GSA Capital Partners LLP purchased a new stake in FutureFuel during the 2nd quarter valued at $146,000. Citigroup Inc. raised its stake in FutureFuel by 78.9% during the 1st quarter. Citigroup Inc. now owns 11,787 shares of the energy company’s stock valued at $171,000 after buying an additional 5,200 shares during the last quarter. BNP Paribas Arbitrage SA raised its stake in FutureFuel by 92.4% during the 1st quarter. BNP Paribas Arbitrage SA now owns 13,990 shares of the energy company’s stock valued at $203,000 after buying an additional 6,717 shares during the last quarter. Penn Mutual Asset Management LLC raised its stake in FutureFuel by 38.2% during the 1st quarter. Penn Mutual Asset Management LLC now owns 15,080 shares of the energy company’s stock valued at $219,000 after buying an additional 4,170 shares during the last quarter. Finally, Oppenheimer & Co. Inc. purchased a new stake in FutureFuel during the 1st quarter valued at $272,000. Institutional investors own 49.17% of the company’s stock.

Shares of FF stock opened at $7.50 on Friday. FutureFuel Corp. has a 1 year low of $7.44 and a 1 year high of $17.86. The firm has a fifty day moving average price of $8.34 and a 200-day moving average price of $11.08. The company has a market cap of $328.22 million, a price-to-earnings ratio of 32.61 and a beta of 0.84.

FutureFuel (NYSE:FF) last issued its quarterly earnings data on Monday, August 9th. The energy company reported $0.08 earnings per share (EPS) for the quarter. FutureFuel had a net margin of 3.22% and a return on equity of 1.95%. The firm had revenue of $74.12 million during the quarter.

Separately, HC Wainwright boosted their target price on shares of FutureFuel from $1.20 to $1.30 and gave the company a “buy” rating in a research note on Tuesday, August 31st.

FutureFuel Profile

FutureFuel Corp.is engaged in the development, manufacture and marketing of biofuels and specialty chemicals. It operates through the Chemicals and Biofuels segment. The Chemicals segment produces chemical products that are sold to third party customers. The Biofuels segment includes the manufacture and market of biodiesel, including biodiesel blends with petrodiesel, petrodiesel with no biodiesel added, RINs, biodiesel production byproducts and the purchase and sale of other petroleum products.

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Institutional Ownership by Quarter for FutureFuel (NYSE:FF)

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