ClariVest Asset Management LLC maintained its position in FutureFuel Corp. (NYSE:FF) during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 23,806 shares of the energy company’s stock at the end of the second quarter. ClariVest Asset Management LLC owned 0.05% of FutureFuel Corp. worth $359,000 at the end of the most recent reporting period.
A number of other institutional investors have also recently added to or reduced their stakes in the stock. Parkside Financial Bank & Trust raised its position in FutureFuel Corp. by 0.4% in the second quarter. Parkside Financial Bank & Trust now owns 20,385 shares of the energy company’s stock worth $307,000 after buying an additional 83 shares during the period. Arizona State Retirement System raised its position in FutureFuel Corp. by 0.9% in the first quarter. Arizona State Retirement System now owns 11,819 shares of the energy company’s stock worth $168,000 after buying an additional 100 shares during the period. Texas Permanent School Fund raised its position in FutureFuel Corp. by 0.9% in the second quarter. Texas Permanent School Fund now owns 16,610 shares of the energy company’s stock worth $251,000 after buying an additional 149 shares during the period. Rhumbline Advisers raised its position in FutureFuel Corp. by 0.6% in the second quarter. Rhumbline Advisers now owns 47,172 shares of the energy company’s stock worth $712,000 after buying an additional 288 shares during the period. Finally, Schwab Charles Investment Management Inc. raised its position in FutureFuel Corp. by 0.5% in the second quarter. Schwab Charles Investment Management Inc. now owns 87,810 shares of the energy company’s stock worth $1,326,000 after buying an additional 437 shares during the period. Hedge funds and other institutional investors own 42.34% of the company’s stock.
FutureFuel Corp. (FF) opened at 13.21 on Monday. FutureFuel Corp. has a 12 month low of $10.24 and a 12 month high of $16.58. The stock’s 50 day moving average is $14.52 and its 200-day moving average is $14.23. The firm has a market capitalization of $577.92 million, a price-to-earnings ratio of 16.13 and a beta of 1.79.
FutureFuel Corp. (NYSE:FF) last posted its quarterly earnings results on Wednesday, August 9th. The energy company reported $0.02 earnings per share for the quarter, missing analysts’ consensus estimates of $0.20 by $0.18. FutureFuel Corp. had a net margin of 13.72% and a return on equity of 9.93%. The company had revenue of $68.05 million during the quarter. Equities analysts anticipate that FutureFuel Corp. will post $1.08 earnings per share for the current fiscal year.
A number of equities analysts have commented on the stock. BidaskClub lowered shares of FutureFuel Corp. from a “hold” rating to a “sell” rating in a research report on Monday, July 31st. TheStreet lowered shares of FutureFuel Corp. from a “b” rating to a “c+” rating in a research report on Wednesday, May 10th.
In related news, Director Keith Neumeyer purchased 100,000 shares of FutureFuel Corp. stock in a transaction dated Friday, June 16th. The shares were bought at an average cost of $0.60 per share, for a total transaction of $60,000.00. Company insiders own 43.30% of the company’s stock.
About FutureFuel Corp.
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.
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