American Century Companies Inc. Boosts Stock Position in FutureFuel Corp. $FF

Key Points

• American Century Companies Inc. increased its stake in FutureFuel Corp. by 15.5%, now owning 660,326 shares valued at approximately $2.575 million.
• FutureFuel recently reported a quarterly earnings loss of ($0.24) per share with a revenue of $35.67 million, reflecting ongoing financial challenges.
• Wall Street analysts downgraded FutureFuel's stock from a "hold" to a "sell" rating, indicating a negative outlook for the company's performance.

American Century Companies Inc. increased its stake in shares of FutureFuel Corp. (NYSE:FF - Free Report) by 15.5% in the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 660,326 shares of the energy company's stock after purchasing an additional 88,575 shares during the quarter. American Century Companies Inc. owned 1.51% of FutureFuel worth $2,575,000 as of its most recent SEC filing.

Several other hedge funds have also recently modified their holdings of FF. Gate City Capital Management LLC acquired a new stake in shares of FutureFuel during the fourth quarter worth $4,507,000. Nuveen LLC acquired a new stake in FutureFuel in the first quarter valued at $1,191,000. Segall Bryant & Hamill LLC lifted its holdings in FutureFuel by 110.5% in the first quarter. Segall Bryant & Hamill LLC now owns 475,445 shares of the energy company's stock valued at $1,854,000 after acquiring an additional 249,540 shares during the period. Dimensional Fund Advisors LP lifted its holdings in FutureFuel by 8.3% in the fourth quarter. Dimensional Fund Advisors LP now owns 2,218,292 shares of the energy company's stock valued at $11,735,000 after acquiring an additional 169,438 shares during the period. Finally, D. E. Shaw & Co. Inc. lifted its holdings in FutureFuel by 107.5% in the fourth quarter. D. E. Shaw & Co. Inc. now owns 262,348 shares of the energy company's stock valued at $1,388,000 after acquiring an additional 135,945 shares during the period. 44.56% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Separately, Wall Street Zen downgraded FutureFuel from a "hold" rating to a "sell" rating in a report on Thursday, May 22nd.

FutureFuel Trading Down 1.4%

Shares of NYSE:FF traded down $0.06 during midday trading on Thursday, hitting $3.90. 83,053 shares of the stock were exchanged, compared to its average volume of 273,008. The stock has a market cap of $170.60 million, a P/E ratio of -6.39 and a beta of 0.62. FutureFuel Corp. has a twelve month low of $3.58 and a twelve month high of $6.39. The company has a 50 day moving average price of $3.96 and a 200-day moving average price of $4.08.

FutureFuel (NYSE:FF - Get Free Report) last released its quarterly earnings results on Monday, August 11th. The energy company reported ($0.24) earnings per share (EPS) for the quarter. The firm had revenue of $35.67 million for the quarter. FutureFuel had a negative return on equity of 13.47% and a negative net margin of 15.95%.

FutureFuel 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.