Empowered Funds LLC Purchases Shares of 306,085 FutureFuel Corp. $FF

Empowered Funds LLC acquired a new stake in FutureFuel Corp. (NYSE:FF) in the second quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor acquired 306,085 shares of the energy company’s stock, valued at approximately $1,384,000.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the business. GSA Capital Partners LLP bought a new stake in FutureFuel in the second quarter valued at about $1,029,000. Gate City Capital Management LLC lifted its stake in FutureFuel by 37.3% during the fourth quarter. Gate City Capital Management LLC now owns 1,104,149 shares of the energy company’s stock worth $3,522,000 after purchasing an additional 299,924 shares during the period. Walleye Capital LLC bought a new position in FutureFuel during the first quarter worth about $475,000. Arrowstreet Capital Limited Partnership bought a new position in FutureFuel during the first quarter worth about $573,000. Finally, BlackRock Inc. acquired a new stake in FutureFuel during the second quarter valued at approximately $8,653,000. 44.56% of the stock is owned by institutional investors.

FutureFuel Price Performance

Shares of FF opened at $5.26 on Friday. The company has a market capitalization of $230.70 million, a P/E ratio of -7.51 and a beta of 0.83. FutureFuel Corp. has a one year low of $3.09 and a one year high of $6.99. The business’s 50 day simple moving average is $5.06 and its 200-day simple moving average is $4.51.

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

FutureFuel Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Friday, December 18th. Shareholders of record on Friday, December 4th will be given a dividend of $0.01 per share. The ex-dividend date is Friday, December 4th. This represents a $0.04 dividend on an annualized basis and a yield of 0.8%. FutureFuel’s dividend payout ratio is presently -5.71%.

Wall Street Analyst Weigh In

Several research firms have recently weighed in on FF. Weiss Ratings lowered FutureFuel from a “sell (d+)” rating to a “sell (d-)” rating in a research note on Thursday, August 13th. Wall Street Zen upgraded FutureFuel from a “sell” rating to a “hold” rating in a research report on Saturday, August 15th. One equities research analyst has rated the stock with a Sell rating, According to MarketBeat, the company currently has an average rating of “Sell”.

FutureFuel 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.