BlackRock Inc. Purchases 103,435 Shares of FutureFuel Corp. (FF)

BlackRock Inc. grew its holdings in shares of FutureFuel Corp. (NYSE:FF) by 2.8% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 3,845,554 shares of the energy company’s stock after buying an additional 103,435 shares during the period. BlackRock Inc. owned 8.79% of FutureFuel worth $60,990,000 as of its most recent SEC filing.

Several other hedge funds have also made changes to their positions in FF. Quantamental Technologies LLC purchased a new position in FutureFuel in the 4th quarter worth about $28,000. Advisors Preferred LLC purchased a new stake in shares of FutureFuel during the 4th quarter valued at about $64,000. SG Americas Securities LLC grew its stake in shares of FutureFuel by 35.5% during the 4th quarter. SG Americas Securities LLC now owns 9,785 shares of the energy company’s stock valued at $155,000 after acquiring an additional 2,565 shares during the period. Oregon Public Employees Retirement Fund bought a new position in shares of FutureFuel during the 4th quarter valued at approximately $156,000. Finally, Algert Global LLC bought a new position in shares of FutureFuel during the 4th quarter valued at approximately $183,000. Hedge funds and other institutional investors own 47.87% of the company’s stock.

Shares of NYSE:FF traded up $0.25 during mid-day trading on Friday, reaching $14.61. 48,900 shares of the company traded hands, compared to its average volume of 133,167. The company has a market cap of $628.15 million, a PE ratio of 11.03 and a beta of 1.69. FutureFuel Corp. has a 52 week low of $11.34 and a 52 week high of $19.31.

FutureFuel (NYSE:FF) last announced its quarterly earnings data on Friday, March 15th. The energy company reported $0.04 earnings per share (EPS) for the quarter. FutureFuel had a return on equity of 14.81% and a net margin of 19.82%. The company had revenue of $65.51 million during the quarter.

In other news, VP Paul M. Flynn sold 20,000 shares of the stock in a transaction that occurred on Thursday, March 21st. The stock was sold at an average price of $14.25, for a total transaction of $285,000.00. Following the completion of the transaction, the vice president now directly owns 24,168 shares in the company, valued at approximately $344,394. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. 41.48% of the stock is currently owned by corporate insiders.

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FutureFuel Company Profile

FutureFuel Corp., through its subsidiaries, manufactures and sells diversified chemical products, bio-based products, and bio-based specialty chemical products in the United States. It operates in two segments, Chemicals and Biofuels. The Chemicals segment manufactures and sells custom chemicals, including agrochemicals and intermediates, laundry detergent additives, biocides intermediates, specialty polymers, dyes, stabilizers, and chemicals intermediates; and chemicals used in consumer products consisting of cosmetics and personal care products, specialty polymers, and specialty products used in the fuels industry.

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Institutional Ownership by Quarter for FutureFuel (NYSE:FF)

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