Ritholtz Wealth Management Trims Position in FutureFuel Corp. (NYSE:FF)

Ritholtz Wealth Management lowered its position in shares of FutureFuel Corp. (NYSE:FF - Free Report) by 60.6% in the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 50,981 shares of the energy company's stock after selling 78,531 shares during the quarter. Ritholtz Wealth Management owned about 0.12% of FutureFuel worth $199,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Price T Rowe Associates Inc. MD bought a new stake in shares of FutureFuel in the 4th quarter worth approximately $54,000. Intech Investment Management LLC purchased a new position in FutureFuel during the fourth quarter valued at $63,000. Wells Fargo & Company MN boosted its holdings in FutureFuel by 25.9% in the fourth quarter. Wells Fargo & Company MN now owns 16,225 shares of the energy company's stock worth $86,000 after acquiring an additional 3,337 shares in the last quarter. MetLife Investment Management LLC grew its stake in shares of FutureFuel by 449.4% in the fourth quarter. MetLife Investment Management LLC now owns 16,455 shares of the energy company's stock worth $87,000 after acquiring an additional 13,460 shares during the last quarter. Finally, Graham Capital Management L.P. bought a new position in shares of FutureFuel during the fourth quarter valued at $95,000. Hedge funds and other institutional investors own 44.56% of the company's stock.

FutureFuel Stock Up 3.3%

FutureFuel stock traded up $0.14 during trading hours on Monday, hitting $4.20. The stock had a trading volume of 393,666 shares, compared to its average volume of 310,097. The stock's 50-day moving average price is $4.03 and its 200-day moving average price is $4.54. FutureFuel Corp. has a 12-month low of $3.77 and a 12-month high of $6.40.

FutureFuel (NYSE:FF - Get Free Report) last announced its quarterly earnings results on Monday, May 12th. The energy company reported ($0.40) earnings per share for the quarter. The firm had revenue of $17.54 million for the quarter. FutureFuel had a negative net margin of 3.19% and a negative return on equity of 3.15%.

FutureFuel Cuts Dividend

The firm also recently announced a dividend, which was paid on Wednesday, June 18th. Shareholders of record on Thursday, June 5th were issued a $0.06 dividend. This represents a dividend yield of 6.08%. The ex-dividend date was Wednesday, June 4th. FutureFuel's payout ratio is -160.00%.

Insider Transactions at FutureFuel

In related news, Director Richard P. Rowe acquired 15,000 shares of the stock in a transaction that occurred on Thursday, April 3rd. The shares were bought at an average price of $3.95 per share, for a total transaction of $59,250.00. Following the completion of the transaction, the director now directly owns 20,000 shares in the company, valued at approximately $79,000. This trade represents a 300.00% increase in their ownership of the stock. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Company insiders own 41.10% of the company's stock.

Wall Street Analyst Weigh In

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

About FutureFuel

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.