Gate City Capital Management LLC Buys New Holdings in FutureFuel Corp. (NYSE:FF)

Gate City Capital Management LLC acquired a new position in shares of FutureFuel Corp. (NYSE:FF - Free Report) in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 851,898 shares of the energy company's stock, valued at approximately $4,507,000. FutureFuel comprises approximately 2.7% of Gate City Capital Management LLC's holdings, making the stock its 12th largest holding. Gate City Capital Management LLC owned about 1.95% of FutureFuel as of its most recent SEC filing.

Several other hedge funds have also added to or reduced their stakes in the stock. Price T Rowe Associates Inc. MD purchased a new position in FutureFuel during the fourth quarter worth about $54,000. Intech Investment Management LLC bought a new stake in FutureFuel during the fourth quarter valued at approximately $63,000. SG Americas Securities LLC grew its stake in FutureFuel by 28.8% in the 4th 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 in the last quarter. Wells Fargo & Company MN increased its holdings in shares of FutureFuel by 25.9% in the 4th quarter. Wells Fargo & Company MN now owns 16,225 shares of the energy company's stock worth $86,000 after buying an additional 3,337 shares during the last quarter. Finally, MetLife Investment Management LLC raised its position in shares of FutureFuel by 449.4% during the 4th quarter. MetLife Investment Management LLC now owns 16,455 shares of the energy company's stock valued at $87,000 after buying an additional 13,460 shares in the last quarter. Institutional investors own 44.56% of the company's stock.

FutureFuel Price Performance

FutureFuel stock traded up $0.10 during trading hours on Wednesday, reaching $4.29. The company had a trading volume of 186,957 shares, compared to its average volume of 337,649. FutureFuel Corp. has a 12-month low of $3.77 and a 12-month high of $6.40. The firm has a market cap of $187.91 million, a price-to-earnings ratio of 5.23 and a beta of 0.69. The company has a 50-day moving average price of $4.10 and a 200 day moving average price of $4.83.

FutureFuel (NYSE:FF - Get Free Report) last announced its quarterly earnings data on Monday, May 12th. The energy company reported ($0.40) 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 for the quarter.

Insider Buying and Selling

In other news, Director Richard P. Rowe acquired 15,000 shares of FutureFuel stock in a transaction that occurred on Thursday, April 3rd. The stock was 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 owns 20,000 shares in the company, valued at $79,000. The trade was a 300.00% increase in their ownership of the stock. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. 41.10% of the stock is currently owned by company insiders.

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.