FutureFuel Corp. $FF Stake Boosted by Gate City Capital Management LLC

Gate City Capital Management LLC grew its stake in shares of FutureFuel Corp. (NYSE:FF) by 37.3% during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 1,104,149 shares of the energy company’s stock after acquiring an additional 299,924 shares during the period. FutureFuel accounts for 1.5% of Gate City Capital Management LLC’s investment portfolio, making the stock its 13th biggest holding. Gate City Capital Management LLC owned 2.52% of FutureFuel worth $3,522,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds have also modified their holdings of the stock. State Street Corp grew its holdings in shares of FutureFuel by 0.5% during the 4th quarter. State Street Corp now owns 620,530 shares of the energy company’s stock valued at $1,979,000 after acquiring an additional 3,154 shares in the last quarter. First Trust Advisors LP boosted its holdings in FutureFuel by 4.1% in the second quarter. First Trust Advisors LP now owns 84,844 shares of the energy company’s stock worth $329,000 after purchasing an additional 3,328 shares in the last quarter. Barclays PLC boosted its holdings in FutureFuel by 10.8% in the fourth quarter. Barclays PLC now owns 39,231 shares of the energy company’s stock worth $125,000 after purchasing an additional 3,815 shares in the last quarter. PNC Financial Services Group Inc. boosted its holdings in FutureFuel by 50.6% in the third quarter. PNC Financial Services Group Inc. now owns 15,043 shares of the energy company’s stock worth $58,000 after purchasing an additional 5,053 shares in the last quarter. Finally, BNP Paribas Financial Markets boosted its holdings in FutureFuel by 226.0% in the third quarter. BNP Paribas Financial Markets now owns 9,038 shares of the energy company’s stock worth $35,000 after purchasing an additional 6,266 shares in the last quarter. 44.56% of the stock is currently owned by hedge funds and other institutional investors.

FutureFuel Price Performance

FF stock opened at $4.34 on Wednesday. FutureFuel Corp. has a 52-week low of $3.09 and a 52-week high of $5.12. The company has a 50-day moving average of $4.31 and a two-hundred day moving average of $3.87. The stock has a market capitalization of $190.35 million, a price-to-earnings ratio of -3.65 and a beta of 0.82.

FutureFuel (NYSE:FF) last released its quarterly earnings results on Monday, May 11th. The energy company reported ($0.47) earnings per share (EPS) for the quarter. FutureFuel had a negative net margin of 47.51% and a negative return on equity of 32.51%. The firm had revenue of $31.95 million for the quarter.

FutureFuel Cuts Dividend

The business also recently announced a quarterly dividend, which will be paid on Thursday, June 18th. Investors of record on Thursday, June 4th will be paid a $0.01 dividend. This represents a $0.04 annualized dividend and a dividend yield of 0.9%. The ex-dividend date is Thursday, June 4th. FutureFuel’s dividend payout ratio (DPR) is presently -3.36%.

Insider Buying and Selling at FutureFuel

In related news, CEO Roeland Polet bought 10,000 shares of FutureFuel stock in a transaction that occurred on Thursday, June 4th. The stock was acquired at an average price of $4.28 per share, for a total transaction of $42,800.00. Following the completion of the purchase, the chief executive officer owned 35,000 shares in the company, valued at approximately $149,800. This represents a 40.00% increase in their ownership of the stock. The acquisition was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Insiders own 42.40% of the company’s stock.

Analyst Upgrades and Downgrades

FF has been the subject of a number of recent research reports. Weiss Ratings reiterated a “sell (d)” rating on shares of FutureFuel in a report on Tuesday, April 21st. Wall Street Zen upgraded FutureFuel from a “strong sell” rating to a “sell” rating in a report on Saturday, May 16th. One analyst has rated the stock with a Sell rating, According to data from MarketBeat, FutureFuel has a consensus rating of “Sell”.

About FutureFuel

FutureFuel Corporation (NYSE: FF) operates as a specialty chemicals and biofuels producer, combining industrial chemistry with renewable energy solutions. Through its wholly owned subsidiary, FutureFuel Chemical Company, it manufactures a diverse portfolio of chemical products that serve fiber and textile applications, agricultural markets, water treatment processes and industrial coatings. In parallel, the company produces biodiesel using vegetable oils and animal fats as feedstocks, supplying both wholesale fuel distributors and commercial users seeking lower-carbon fuel alternatives.

The company’s manufacturing hub is located in Decatur, Arkansas, on a site originally constructed as an ordnance plant during World War II.