Assenagon Asset Management S.A. Sells 228,172 Shares of FutureFuel Corp. (FF)

Assenagon Asset Management S.A. lessened its stake in shares of FutureFuel Corp. (NYSE:FF) by 85.9% in the 1st quarter, according to its most recent disclosure with the SEC. The firm owned 37,400 shares of the energy company’s stock after selling 228,172 shares during the period. Assenagon Asset Management S.A.’s holdings in FutureFuel were worth $501,000 as of its most recent SEC filing.

A number of other large investors also recently added to or reduced their stakes in FF. Quantamental Technologies LLC purchased a new stake in FutureFuel during the fourth quarter valued at approximately $28,000. Advisors Preferred LLC purchased a new stake in FutureFuel during the fourth quarter valued at approximately $64,000. BNP Paribas Arbitrage SA raised its position in FutureFuel by 195.7% during the first quarter. BNP Paribas Arbitrage SA now owns 5,950 shares of the energy company’s stock valued at $80,000 after purchasing an additional 3,938 shares during the period. Metropolitan Life Insurance Co. NY raised its position in FutureFuel by 384.7% during the fourth quarter. Metropolitan Life Insurance Co. NY now owns 9,248 shares of the energy company’s stock valued at $147,000 after purchasing an additional 7,340 shares during the period. Finally, SG Americas Securities LLC raised its position in FutureFuel by 35.5% during the fourth quarter. SG Americas Securities LLC now owns 9,785 shares of the energy company’s stock valued at $155,000 after purchasing an additional 2,565 shares during the period. 47.25% of the stock is owned by institutional investors and hedge funds.

Shares of NYSE FF opened at $13.89 on Friday. FutureFuel Corp. has a fifty-two week low of $11.34 and a fifty-two week high of $19.31. The company has a market capitalization of $605.40 million, a PE ratio of 10.93 and a beta of 1.71.

FutureFuel (NYSE:FF) last issued its quarterly earnings results on Friday, March 15th. The energy company reported $0.04 earnings per share for the quarter. FutureFuel had a return on equity of 14.81% and a net margin of 19.82%. The firm had revenue of $65.51 million for 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 value of $285,000.00. Following the sale, the vice president now directly owns 24,168 shares in the company, valued at $344,394. The sale was disclosed in a document filed with the SEC, which is available at this link. Corporate insiders own 41.48% of the company’s stock.

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FutureFuel 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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