Principal Financial Group Inc. Has $2.48 Million Stake in FutureFuel Corp. (NYSE:FF)

Principal Financial Group Inc. increased its position in FutureFuel Corp. (NYSE:FF) by 4.7% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 174,603 shares of the energy company’s stock after buying an additional 7,875 shares during the period. Principal Financial Group Inc.’s holdings in FutureFuel Corp. were worth $2,476,000 at the end of the most recent reporting period.

Several other institutional investors also recently modified their holdings of the company. Russell Investments Group Ltd. bought a new position in shares of FutureFuel Corp. during the fourth quarter worth about $1,515,000. Comerica Bank increased its position in shares of FutureFuel Corp. by 6.3% in the fourth quarter. Comerica Bank now owns 24,256 shares of the energy company’s stock worth $327,000 after buying an additional 1,442 shares during the period. State Street Corp increased its position in shares of FutureFuel Corp. by 9.3% in the fourth quarter. State Street Corp now owns 660,520 shares of the energy company’s stock worth $9,183,000 after buying an additional 56,313 shares during the period. Dimensional Fund Advisors LP increased its position in shares of FutureFuel Corp. by 7.0% in the fourth quarter. Dimensional Fund Advisors LP now owns 1,798,860 shares of the energy company’s stock worth $25,005,000 after buying an additional 117,832 shares during the period. Finally, Thrivent Financial for Lutherans increased its position in shares of FutureFuel Corp. by 6.3% in the fourth quarter. Thrivent Financial for Lutherans now owns 12,230 shares of the energy company’s stock worth $170,000 after buying an additional 730 shares during the period. Institutional investors own 43.14% of the company’s stock.

FutureFuel Corp. (NYSE FF) opened at 14.76 on Friday. FutureFuel Corp. has a 12 month low of $10.24 and a 12 month high of $16.58. The company has a market capitalization of $645.74 million, a P/E ratio of 13.10 and a beta of 1.80. The stock’s 50 day moving average price is $14.75 and its 200-day moving average price is $14.14.

FutureFuel Corp. (NYSE:FF) last issued its earnings results on Tuesday, May 9th. The energy company reported $0.08 earnings per share for the quarter, missing the consensus estimate of $0.17 by $0.09. The company had revenue of $54.11 million for the quarter. FutureFuel Corp. had a net margin of 18.86% and a return on equity of 12.98%. On average, equities research analysts predict that FutureFuel Corp. will post $1.08 EPS for the current fiscal year.

WARNING: This report was first published by [[site]] and is the sole property of of [[site]]. If you are viewing this report on another domain, it was stolen and reposted in violation of US & international trademark and copyright law. The original version of this report can be accessed at [[permalink]].

Separately, TheStreet downgraded FutureFuel Corp. from a “b” rating to a “c+” rating in a research report on Wednesday, May 10th.

In related news, Director Keith Neumeyer bought 100,000 shares of the company’s stock in a transaction that occurred on Thursday, April 27th. The stock was bought at an average cost of $0.61 per share, for a total transaction of $61,000.00. Insiders have purchased a total of 208,000 shares of company stock valued at $125,640 over the last 90 days. 43.40% of the stock is currently owned by company insiders.

FutureFuel Corp. Company Profile

FutureFuel Corp. is the holding company of FutureFuel Chemical Company. FutureFuel Chemical Company manufactures diversified chemical products, bio-based products consisting of biofuels, and bio-based specialty chemical products. FutureFuel Chemical Company conducts its operations through two segments: chemicals and biofuels.

Want to see what other hedge funds are holding FF? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for FutureFuel Corp. (NYSE:FF).