Los Angeles Capital Management & Equity Research Inc. Buys 700 Shares of FutureFuel Corp. (FF)
Los Angeles Capital Management & Equity Research Inc. increased its position in shares of FutureFuel Corp. (NYSE:FF) by 2.6% during the first quarter, Holdings Channel reports. The firm owned 27,516 shares of the energy company’s stock after buying an additional 700 shares during the period. Los Angeles Capital Management & Equity Research Inc. owned approximately 0.06% of FutureFuel Corp. worth $390,000 as of its most recent filing with the SEC.
Other large investors also recently added to or reduced their stakes in the company. Prudential Financial Inc. raised its stake in FutureFuel Corp. by 43.4% in the first quarter. Prudential Financial Inc. now owns 200,830 shares of the energy company’s stock worth $2,848,000 after buying an additional 60,800 shares during the period. Alambic Investment Management L.P. increased its position in shares of FutureFuel Corp. by 198.2% in the first quarter. Alambic Investment Management L.P. now owns 31,101 shares of the energy company’s stock worth $441,000 after buying an additional 20,673 shares in the last quarter. Oxford Asset Management acquired a new position in shares of FutureFuel Corp. during the first quarter worth about $166,000. Campbell & CO Investment Adviser LLC acquired a new position in shares of FutureFuel Corp. during the first quarter worth about $208,000. Finally, Stevens Capital Management LP acquired a new position in shares of FutureFuel Corp. during the first quarter worth about $143,000. 43.64% of the stock is owned by institutional investors.
FutureFuel Corp. (NYSE:FF) opened at 14.74 on Friday. FutureFuel Corp. has a one year low of $9.77 and a one year high of $16.58. The company’s 50-day moving average price is $14.68 and its 200-day moving average price is $14.08. The stock has a market cap of $644.86 million, a P/E ratio of 13.08 and a beta of 1.81.
FutureFuel Corp. (NYSE:FF) last announced its quarterly earnings data on Tuesday, May 9th. The energy company reported $0.08 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $0.17 by $0.09. The firm had revenue of $54.11 million during the quarter. FutureFuel Corp. had a return on equity of 12.98% and a net margin of 18.86%. Analysts forecast that FutureFuel Corp. will post $1.08 EPS for the current fiscal year.
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Separately, TheStreet downgraded FutureFuel Corp. from a “b” rating to a “c+” rating in a report on Wednesday, May 10th.
In other FutureFuel Corp. news, VP Paul M. Flynn sold 10,000 shares of the firm’s stock in a transaction dated Friday, March 24th. The shares were sold at an average price of $13.55, for a total value of $135,500.00. Following the completion of the sale, the vice president now owns 60,000 shares of the company’s stock, valued at $813,000. The sale was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Also, VP Paul M. Flynn sold 28,771 shares of the firm’s stock in a transaction dated Wednesday, March 22nd. The stock was sold at an average price of $13.54, for a total transaction of $389,559.34. Following the completion of the sale, the vice president now directly owns 93,648 shares of the company’s stock, valued at approximately $1,267,993.92. The disclosure for this sale can be found here. In the last three months, insiders acquired 295,500 shares of company stock valued at $218,515. 43.40% of the stock is owned by insiders.
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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