Alberta Investment Management Corp lowered its position in shares of FutureFuel Corp. (NYSE:FF) by 31.4% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 36,100 shares of the energy company’s stock after selling 16,500 shares during the period. Alberta Investment Management Corp owned approximately 0.08% of FutureFuel worth $447,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
Other hedge funds have also recently added to or reduced their stakes in the company. First Trust Advisors LP boosted its position in shares of FutureFuel by 2.0% during the 1st quarter. First Trust Advisors LP now owns 47,456 shares of the energy company’s stock worth $636,000 after purchasing an additional 937 shares during the period. Prudential Financial Inc. grew its stake in shares of FutureFuel by 2.7% during the fourth quarter. Prudential Financial Inc. now owns 41,652 shares of the energy company’s stock worth $516,000 after purchasing an additional 1,092 shares in the last quarter. Los Angeles Capital Management & Equity Research Inc. increased its holdings in FutureFuel by 14.1% in the fourth quarter. Los Angeles Capital Management & Equity Research Inc. now owns 15,147 shares of the energy company’s stock valued at $188,000 after buying an additional 1,877 shares during the last quarter. Swiss National Bank raised its stake in FutureFuel by 4.8% in the fourth quarter. Swiss National Bank now owns 50,209 shares of the energy company’s stock valued at $622,000 after buying an additional 2,300 shares in the last quarter. Finally, Charles Schwab Investment Management Inc. raised its stake in FutureFuel by 2.5% in the fourth quarter. Charles Schwab Investment Management Inc. now owns 159,241 shares of the energy company’s stock valued at $1,973,000 after buying an additional 3,817 shares in the last quarter. 49.44% of the stock is currently owned by hedge funds and other institutional investors.
Shares of FF stock opened at $11.16 on Monday. The stock’s 50-day moving average is $10.80 and its two-hundred day moving average is $11.57. The firm has a market cap of $494.30 million, a price-to-earnings ratio of 5.55 and a beta of 1.84. FutureFuel Corp. has a 1 year low of $8.75 and a 1 year high of $14.81.
FutureFuel (NYSE:FF) last announced its quarterly earnings results on Friday, March 13th. The energy company reported $1.65 EPS for the quarter. FutureFuel had a return on equity of 21.18% and a net margin of 42.97%. The business had revenue of $20.18 million for the quarter.
FutureFuel Company Profile
FutureFuel Corp., through its subsidiaries, manufactures and sells diversified chemical products, bio-based products, and bio-based specialty chemical products in the United States. It operates in two segments, Chemicals and Biofuels. The Chemicals segment manufactures and sells custom chemicals, including agrochemicals and intermediates, laundry detergent additives, biocides intermediates, specialty polymers, dyes, stabilizers, and chemicals intermediates; and chemicals used in consumer products consisting of cosmetics and personal care products, specialty polymers, and specialty products used in the fuels industry.
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