Morgan Stanley Has $3.12 Million Stake in FutureFuel Corp. (FF)

Morgan Stanley increased its stake in FutureFuel Corp. (NYSE:FF) by 3.6% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 219,756 shares of the energy company’s stock after buying an additional 7,734 shares during the period. Morgan Stanley owned approximately 0.50% of FutureFuel Corp. worth $3,116,000 at the end of the most recent quarter.

Several other large investors also recently bought and sold shares of FF. SG Americas Securities LLC acquired a new stake in shares of FutureFuel Corp. during the first quarter worth about $109,000. Stevens Capital Management LP acquired a new stake in shares of FutureFuel Corp. during the first quarter worth about $143,000. Weiss Asset Management LP acquired a new stake in shares of FutureFuel Corp. during the first quarter worth about $158,000. Oxford Asset Management acquired a new stake in shares of FutureFuel Corp. during the first quarter worth about $166,000. Finally, Arizona State Retirement System raised its stake in shares of 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 last quarter. Hedge funds and other institutional investors own 42.34% of the company’s stock.

Shares of FutureFuel Corp. (NYSE FF) traded down 0.98% during midday trading on Monday, reaching $13.08. The company’s stock had a trading volume of 10,406 shares. The firm has a market capitalization of $572.24 million, a P/E ratio of 15.97 and a beta of 1.79. The stock has a 50-day moving average of $14.52 and a 200 day moving average of $14.23. FutureFuel Corp. has a 12-month low of $10.24 and a 12-month high of $16.58.

FutureFuel Corp. (NYSE:FF) last announced its quarterly earnings data on Wednesday, August 9th. The energy company reported $0.02 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.20 by $0.18. FutureFuel Corp. had a net margin of 13.72% and a return on equity of 9.93%. The business had revenue of $68.05 million for the quarter. Equities research analysts predict that FutureFuel Corp. will post $1.08 EPS for the current fiscal year.

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FF has been the subject of a number of analyst reports. TheStreet lowered FutureFuel Corp. from a “b” rating to a “c+” rating in a research note on Wednesday, May 10th. BidaskClub lowered FutureFuel Corp. from a “hold” rating to a “sell” rating in a research note on Monday, July 31st.

In other FutureFuel Corp. news, Director Keith Neumeyer acquired 100,000 shares of the company’s stock in a transaction that occurred on Friday, June 16th. The stock was bought at an average price of $0.60 per share, with a total value of $60,000.00. 43.30% of the stock is currently owned by corporate 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.

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