FutureFuel Corp. $FF Shares Sold by Dimensional Fund Advisors LP

Key Points

• Dimensional Fund Advisors reduced its FutureFuel stake by 12.6% in the first quarter, selling 244,757 shares and retaining 1.69 million shares worth approximately $6.5 million. Institutional investors collectively own 44.56% of the company.
• FutureFuel CEO Roeland Polet purchased 10,000 shares at $4.28 each, increasing his holdings by 40%; insiders now own 42.40% of the stock.
• FutureFuel reported quarterly revenue of $78.73 million and earnings of $0.25 per share, while maintaining a $0.01 quarterly dividend. Despite shares trading near their one-year high, analysts’ average rating remains “Sell.”

Dimensional Fund Advisors LP lowered its holdings in shares of FutureFuel Corp. (NYSE:FF - Free Report) by 12.6% during the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,690,104 shares of the energy company's stock after selling 244,757 shares during the period. Dimensional Fund Advisors LP owned approximately 3.85% of FutureFuel worth $6,507,000 as of its most recent SEC filing.

A number of other institutional investors also recently added to or reduced their stakes in FF. Gate City Capital Management LLC lifted its stake in shares of FutureFuel by 37.3% in the 4th quarter. Gate City Capital Management LLC now owns 1,104,149 shares of the energy company's stock worth $3,522,000 after acquiring an additional 299,924 shares during the period. GSA Capital Partners LLP increased its stake in shares of FutureFuel by 212.9% during the fourth quarter. GSA Capital Partners LLP now owns 295,890 shares of the energy company's stock valued at $944,000 after acquiring an additional 201,323 shares during the period. Stifel Financial Corp bought a new stake in FutureFuel during the fourth quarter worth approximately $350,000. Marshall Wace LLP raised its holdings in FutureFuel by 176.7% during the fourth quarter. Marshall Wace LLP now owns 153,878 shares of the energy company's stock worth $491,000 after purchasing an additional 98,260 shares in the last quarter. Finally, Ingalls & Snyder LLC acquired a new stake in FutureFuel in the fourth quarter worth approximately $310,000. Institutional investors and hedge funds own 44.56% of the company's stock.

Insider Activity at FutureFuel

In other news, CEO Roeland Polet acquired 10,000 shares of the firm's stock in a transaction that occurred on Thursday, June 4th. The stock was purchased at an average price of $4.28 per share, with a total value of $42,800.00. Following the purchase, the chief executive officer owned 35,000 shares of the company's stock, valued at approximately $149,800. This trade represents a 40.00% increase in their position. The purchase was disclosed in a legal filing with the SEC, which is available at the SEC website. Company insiders own 42.40% of the company's stock.

FutureFuel Trading Up 1.8%

Shares of FF opened at $5.18 on Tuesday. The business's 50-day moving average price is $4.60 and its 200 day moving average price is $4.24. The stock has a market capitalization of $227.19 million, a P/E ratio of -4.35 and a beta of 0.82. FutureFuel Corp. has a 1-year low of $3.09 and a 1-year high of $5.40.

FutureFuel (NYSE:FF - Get Free Report) last posted its quarterly earnings data on Monday, August 10th. The energy company reported $0.25 EPS for the quarter. FutureFuel had a negative net margin of 47.51% and a negative return on equity of 32.51%. The company had revenue of $78.73 million during the quarter.

FutureFuel Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Friday, September 18th. Investors of record on Friday, September 4th will be given a $0.01 dividend. This represents a $0.04 annualized dividend and a dividend yield of 0.8%. The ex-dividend date is Friday, September 4th. FutureFuel's dividend payout ratio is -3.36%.

Analysts Set New Price Targets

A number of equities analysts have issued reports on FF shares. Wall Street Zen raised FutureFuel from a "strong sell" rating to a "sell" rating in a research note on Saturday, May 16th. Weiss Ratings raised FutureFuel from a "sell (d)" rating to a "sell (d+)" rating in a research note on Friday, July 31st. One investment analyst has rated the stock with a Sell rating, According to MarketBeat, the stock has an average 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.

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