Two Sigma Investments LP Sells 120,662 Shares of FutureFuel Corp. (NYSE:FF)

Two Sigma Investments LP cut its position in FutureFuel Corp. (NYSE:FF - Free Report) by 28.0% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 309,729 shares of the energy company's stock after selling 120,662 shares during the quarter. Two Sigma Investments LP owned 0.71% of FutureFuel worth $1,638,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Price T Rowe Associates Inc. MD bought a new stake in shares of FutureFuel in the 4th quarter valued at $54,000. Intech Investment Management LLC purchased a new stake in shares of FutureFuel in the fourth quarter valued at about $63,000. SG Americas Securities LLC increased its holdings in FutureFuel by 28.8% during the fourth quarter. SG Americas Securities LLC now owns 12,990 shares of the energy company's stock worth $69,000 after buying an additional 2,904 shares during the last quarter. Wells Fargo & Company MN boosted its position in FutureFuel by 25.9% during the fourth quarter. Wells Fargo & Company MN now owns 16,225 shares of the energy company's stock worth $86,000 after purchasing an additional 3,337 shares during the period. Finally, MetLife Investment Management LLC boosted its position in FutureFuel by 449.4% during the fourth quarter. MetLife Investment Management LLC now owns 16,455 shares of the energy company's stock worth $87,000 after purchasing an additional 13,460 shares during the period. 44.56% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

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

FutureFuel Trading Down 2.5%

Shares of FF stock traded down $0.10 during mid-day trading on Wednesday, reaching $3.86. The stock had a trading volume of 169,400 shares, compared to its average volume of 323,466. The stock's 50-day moving average price is $4.02 and its two-hundred day moving average price is $4.64. FutureFuel Corp. has a 52-week low of $3.77 and a 52-week high of $6.40. The firm has a market capitalization of $169.08 million, a PE ratio of 4.71 and a beta of 0.69.

FutureFuel (NYSE:FF - Get Free Report) last released its quarterly earnings data on Monday, May 12th. The energy company reported ($0.40) earnings per share (EPS) for the quarter. FutureFuel had a net margin of 13.18% and a return on equity of 15.32%. The firm had revenue of $17.54 million during the quarter.

FutureFuel Cuts Dividend

The business also recently declared a dividend, which will be paid on Wednesday, June 18th. Investors of record on Thursday, June 5th will be given a dividend of $0.06 per share. This represents a dividend yield of 6.08%. The ex-dividend date of this dividend is Wednesday, June 4th. FutureFuel's dividend payout ratio is currently -160.00%.

Insider Activity at FutureFuel

In other FutureFuel news, Director Richard P. Rowe acquired 15,000 shares of the business's stock in a transaction on Thursday, April 3rd. The shares were acquired at an average price of $3.95 per share, for a total transaction of $59,250.00. Following the completion of the acquisition, the director now owns 20,000 shares in the company, valued at $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 can be accessed through this hyperlink. 41.10% of the stock is owned by corporate insiders.

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.