Koss Olinger Consulting LLC Grows Stock Holdings in FutureFuel Corp. (NYSE:FF)

Key Points

• Koss Olinger Consulting LLC increased its stake in FutureFuel Corp. by 437% in the first quarter, owning 0.23% of the company worth approximately $396,000 after purchasing an additional 82,547 shares.
• The company's stock decreased by 3.0% to close at $3.74, with a market cap of $163.59 million and a reported negative earnings per share of ($0.40) for the last quarter.
• FutureFuel recently cut its dividend to $0.06 per share, reflecting a high dividend payout ratio of -160.00% amid a negative net margin of -3.19%.

Koss Olinger Consulting LLC lifted its holdings in FutureFuel Corp. (NYSE:FF - Free Report) by 437.0% in the 1st quarter, according to its most recent filing with the SEC. The firm owned 101,438 shares of the energy company's stock after purchasing an additional 82,547 shares during the period. Koss Olinger Consulting LLC owned about 0.23% of FutureFuel worth $396,000 at the end of the most recent quarter.

Several other hedge funds have also recently modified their holdings of FF. JPMorgan Chase & Co. lifted its position in shares of FutureFuel by 1,075.6% in the 4th quarter. JPMorgan Chase & Co. now owns 140,340 shares of the energy company's stock worth $742,000 after purchasing an additional 128,402 shares during the period. Arrowstreet Capital Limited Partnership raised its stake in shares of FutureFuel by 19.2% during the 4th quarter. Arrowstreet Capital Limited Partnership now owns 165,177 shares of the energy company's stock worth $874,000 after acquiring an additional 26,631 shares in the last quarter. Wells Fargo & Company MN raised its stake in shares of FutureFuel by 25.9% during the 4th 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. Renaissance Technologies LLC raised its stake in shares of FutureFuel by 4.8% during the 4th quarter. Renaissance Technologies LLC now owns 1,819,890 shares of the energy company's stock worth $9,627,000 after acquiring an additional 83,567 shares in the last quarter. Finally, Barclays PLC raised its stake in shares of FutureFuel by 14.7% during the 4th quarter. Barclays PLC now owns 39,288 shares of the energy company's stock worth $208,000 after acquiring an additional 5,047 shares in the last quarter. Hedge funds and other institutional investors own 44.56% of the company's stock.

FutureFuel Stock Down 3.0%

NYSE FF opened at $3.74 on Friday. The firm has a market cap of $163.59 million, a PE ratio of -24.90 and a beta of 0.57. The company has a 50 day moving average price of $4.04 and a 200 day moving average price of $4.25. FutureFuel Corp. has a 52 week low of $3.73 and a 52 week high of $6.40.

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

FutureFuel Cuts Dividend

The business also recently declared a dividend, which was paid on Wednesday, June 18th. Shareholders of record on Thursday, June 5th were paid a dividend of $0.06 per share. The ex-dividend date was Wednesday, June 4th. This represents a yield of 608.0%. FutureFuel's dividend payout ratio is presently -160.00%.

Wall Street Analysts Forecast Growth

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

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.

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