GSA Capital Partners LLP Makes New Investment in FutureFuel Corp. $FF

Key Points

• GSA Capital Partners LLP acquired 227,599 shares of FutureFuel, worth approximately $1.03 million, giving it a 0.52% stake. Hedge funds and institutional investors collectively own 44.56% of the company.
• FutureFuel reported quarterly revenue of $78.73 million and earnings of $0.25 per share, but posted a negative net margin of 19.94% and negative return on equity of 19.75%.
• The stock opened at $5.73, above its 50-day and 200-day moving averages, while analysts maintain an average “Sell” rating. The company declared a quarterly dividend of $0.01 per share, representing a 0.7% annualized yield.

GSA Capital Partners LLP purchased a new stake in FutureFuel Corp. (NYSE:FF - Free Report) in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm purchased 227,599 shares of the energy company's stock, valued at approximately $1,029,000. GSA Capital Partners LLP owned 0.52% of FutureFuel at the end of the most recent reporting period.

A number of other hedge funds have also recently made changes to their positions in the company. BNP Paribas Financial Markets increased its holdings in shares of FutureFuel by 226.0% in the third quarter. BNP Paribas Financial Markets now owns 9,038 shares of the energy company's stock worth $35,000 after purchasing an additional 6,266 shares during the period. Brooklyn Investment Group boosted its stake in FutureFuel by 4,087.0% during the third quarter. Brooklyn Investment Group now owns 12,854 shares of the energy company's stock valued at $50,000 after buying an additional 12,547 shares during the period. Centiva Capital LP bought a new stake in FutureFuel during the third quarter valued at $50,000. Jacobs Levy Equity Management Inc. purchased a new position in FutureFuel during the third quarter worth about $51,000. Finally, PNC Financial Services Group Inc. grew its position in FutureFuel by 65.3% during the first quarter. PNC Financial Services Group Inc. now owns 16,404 shares of the energy company's stock worth $63,000 after buying an additional 6,480 shares in the last quarter. 44.56% of the stock is currently owned by hedge funds and other institutional investors.

FutureFuel Price Performance

Shares of NYSE:FF opened at $5.73 on Tuesday. The company's fifty day moving average price is $4.75 and its 200-day moving average price is $4.33. The firm has a market capitalization of $251.32 million, a price-to-earnings ratio of -8.19 and a beta of 0.82. FutureFuel Corp. has a one year low of $3.09 and a one year high of $6.99.

FutureFuel (NYSE:FF - Get Free Report) last posted its quarterly earnings data on Monday, August 10th. The energy company reported $0.25 earnings per share (EPS) for the quarter. FutureFuel had a negative net margin of 19.94% and a negative return on equity of 19.75%. The company had revenue of $78.73 million during the quarter.

FutureFuel Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, September 18th. Shareholders of record on Friday, September 4th will be given a dividend of $0.01 per share. The ex-dividend date is Friday, September 4th. This represents a $0.04 dividend on an annualized basis and a yield of 0.7%. FutureFuel's dividend payout ratio (DPR) is presently -5.71%.

Analysts Set New Price Targets

A number of brokerages have weighed in on FF. Wall Street Zen upgraded FutureFuel from a "sell" rating to a "hold" rating in a research note on Saturday. Weiss Ratings downgraded FutureFuel from a "sell (d+)" rating to a "sell (d-)" rating in a research report on Thursday. One research analyst has rated the stock with a Sell rating, According to data from MarketBeat, the stock has an average rating of "Sell".

Insider Transactions at FutureFuel

In other news, CEO Roeland Polet purchased 10,000 shares of the company's stock in a transaction 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 completion of the purchase, the chief executive officer directly owned 35,000 shares in the company, valued at approximately $149,800. This trade represents a 40.00% increase in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. 42.60% of the stock is currently owned by company insiders.

FutureFuel Company Profile

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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