Geode Capital Management LLC Has $4.61 Million Stock Holdings in FutureFuel Corp. (NYSE:FF)

Geode Capital Management LLC lifted its stake in shares of FutureFuel Corp. (NYSE:FF) by 19.1% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 800,995 shares of the energy company’s stock after purchasing an additional 128,655 shares during the period. Geode Capital Management LLC’s holdings in FutureFuel were worth $4,607,000 at the end of the most recent reporting period.

Other hedge funds have also modified their holdings of the company. AQR Capital Management LLC increased its position in FutureFuel by 76.1% in the second quarter. AQR Capital Management LLC now owns 1,553,136 shares of the energy company’s stock worth $7,968,000 after purchasing an additional 671,144 shares during the period. Acadian Asset Management LLC grew its holdings in FutureFuel by 321.7% during the 2nd quarter. Acadian Asset Management LLC now owns 742,405 shares of the energy company’s stock worth $3,808,000 after acquiring an additional 566,367 shares during the period. State Street Corp raised its position in shares of FutureFuel by 1.0% during the 3rd quarter. State Street Corp now owns 604,423 shares of the energy company’s stock valued at $3,475,000 after acquiring an additional 5,947 shares during the last quarter. Los Angeles Capital Management LLC lifted its stake in shares of FutureFuel by 612.4% in the 2nd quarter. Los Angeles Capital Management LLC now owns 352,525 shares of the energy company’s stock valued at $1,808,000 after purchasing an additional 303,038 shares during the period. Finally, American Century Companies Inc. increased its holdings in FutureFuel by 56.1% in the second quarter. American Century Companies Inc. now owns 241,603 shares of the energy company’s stock valued at $1,239,000 after purchasing an additional 86,780 shares during the last quarter. 44.56% of the stock is owned by institutional investors.

Analysts Set New Price Targets

Separately, StockNews.com cut FutureFuel from a “strong-buy” rating to a “hold” rating in a report on Tuesday, November 19th.

Insider Buying and Selling

In related news, CEO Roeland Polet purchased 10,000 shares of FutureFuel stock in a transaction dated Wednesday, November 13th. The stock was bought at an average price of $5.11 per share, for a total transaction of $51,100.00. Following the completion of the acquisition, the chief executive officer now directly owns 10,000 shares of the company’s stock, valued at $51,100. This represents a ∞ increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 41.10% of the stock is currently owned by company insiders.

FutureFuel Stock Performance

Shares of NYSE:FF opened at $5.25 on Monday. The company has a 50 day moving average price of $5.37 and a two-hundred day moving average price of $5.53. The company has a market capitalization of $229.74 million, a PE ratio of 6.40 and a beta of 0.58. FutureFuel Corp. has a 52 week low of $4.15 and a 52 week high of $8.36.

FutureFuel Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, December 18th. Investors of record on Thursday, December 4th will be given a $0.06 dividend. This represents a $0.24 dividend on an annualized basis and a dividend yield of 4.57%. The ex-dividend date of this dividend is Thursday, December 4th. FutureFuel’s dividend payout ratio is currently 29.27%.

FutureFuel Company 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.