Jacobs Levy Equity Management Inc. Sells 31,935 Shares of FutureFuel Corp. (NYSE:FF)

Jacobs Levy Equity Management Inc. cut its stake in FutureFuel Corp. (NYSE:FF) by 23.9% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 101,578 shares of the energy company’s stock after selling 31,935 shares during the quarter. Jacobs Levy Equity Management Inc.’s holdings in FutureFuel were worth $537,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently modified their holdings of FF. Price T Rowe Associates Inc. MD bought a new stake in shares of FutureFuel in the 4th quarter valued at about $54,000. Intech Investment Management LLC bought a new stake in shares of FutureFuel in the 4th quarter valued at about $63,000. SG Americas Securities LLC increased its stake in shares of FutureFuel by 28.8% in the 4th quarter. SG Americas Securities LLC now owns 12,990 shares of the energy company’s stock valued at $69,000 after acquiring an additional 2,904 shares during the last quarter. Wells Fargo & Company MN increased its stake in shares of FutureFuel by 25.9% in the 4th quarter. Wells Fargo & Company MN now owns 16,225 shares of the energy company’s stock valued at $86,000 after acquiring an additional 3,337 shares during the last quarter. Finally, MetLife Investment Management LLC increased its stake in shares of FutureFuel by 449.4% in the 4th quarter. MetLife Investment Management LLC now owns 16,455 shares of the energy company’s stock valued at $87,000 after acquiring an additional 13,460 shares during the last quarter. 44.56% of the stock is owned by institutional investors.

Insider Activity at FutureFuel

In other news, Director Richard P. Rowe purchased 15,000 shares of FutureFuel stock in a transaction on Thursday, April 3rd. The stock was purchased at an average price of $3.95 per share, with a total value of $59,250.00. Following the transaction, the director now directly owns 20,000 shares in the company, valued at $79,000. The trade was a 300.00% increase in their position. The acquisition was disclosed in a document filed with the SEC, which can be accessed through this link. 41.10% of the stock is owned by insiders.

FutureFuel Stock Performance

Shares of FF opened at $4.16 on Friday. The stock has a 50 day simple moving average of $4.09 and a 200 day simple moving average of $4.79. FutureFuel Corp. has a 52-week low of $3.77 and a 52-week high of $6.40. The firm has a market capitalization of $182.00 million, a PE ratio of 5.07 and a beta of 0.69.

FutureFuel (NYSE:FF) last issued its quarterly earnings data on Monday, May 12th. The energy company reported ($0.40) earnings per share (EPS) for the quarter. FutureFuel had a net margin of 13.18% and a return on equity of 15.32%. The business had revenue of $17.54 million during the quarter.

Analyst Ratings Changes

Separately, StockNews.com cut FutureFuel from a “hold” rating to a “sell” rating in a research note on Wednesday.

FutureFuel Company Profile

FutureFuel Corp., together with its subsidiaries, manufactures and sells diversified chemical, bio-based fuel, and bio-based specialty chemical products in the United States. The company operates through two segments, Chemicals and Biofuels. The Chemicals segment provides various custom chemicals that are used in the coatings, chemical intermediates, industrial and consumer cleaning, oil and gas, and specialty polymers industries; and performance chemicals, such as polymer modifiers, glycerin products, and various specialty chemicals and solvents.