Cubist Systematic Strategies LLC Has $506,000 Stock Position in FutureFuel Corp. (NYSE:FF)

Cubist Systematic Strategies LLC reduced its position in shares of FutureFuel Corp. (NYSE:FF) by 32.7% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 98,721 shares of the energy company’s stock after selling 48,017 shares during the period. Cubist Systematic Strategies LLC owned approximately 0.23% of FutureFuel worth $506,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. nVerses Capital LLC bought a new stake in shares of FutureFuel during the second quarter worth $26,000. PNC Financial Services Group Inc. grew its stake in shares of FutureFuel by 821.9% during the fourth quarter. PNC Financial Services Group Inc. now owns 6,029 shares of the energy company’s stock worth $37,000 after buying an additional 5,375 shares during the last quarter. EntryPoint Capital LLC bought a new stake in shares of FutureFuel during the first quarter worth $83,000. Pallas Capital Advisors LLC bought a new stake in shares of FutureFuel during the second quarter worth $63,000. Finally, CWM LLC grew its stake in shares of FutureFuel by 292.1% during the second quarter. CWM LLC now owns 16,980 shares of the energy company’s stock worth $87,000 after buying an additional 12,649 shares during the last quarter. Institutional investors own 44.56% of the company’s stock.

FutureFuel Stock Up 2.4 %

Shares of FutureFuel stock opened at $6.29 on Friday. FutureFuel Corp. has a twelve month low of $4.15 and a twelve month high of $8.36. The stock has a market cap of $275.27 million, a price-to-earnings ratio of 13.67 and a beta of 0.62. The company’s fifty day moving average is $5.78 and its 200 day moving average is $5.56.

FutureFuel (NYSE:FF) last issued its quarterly earnings data on Friday, August 9th. The energy company reported $0.22 earnings per share for the quarter. FutureFuel had a net margin of 11.80% and a return on equity of 15.62%. The company had revenue of $72.41 million for the quarter.

Wall Street Analysts Forecast Growth

Separately, StockNews.com raised shares of FutureFuel from a “buy” rating to a “strong-buy” rating in a research note on Tuesday, October 8th.

Insider Buying and Selling at FutureFuel

In other news, Director Paul Manheim purchased 6,000 shares of the business’s stock in a transaction on Thursday, August 15th. The shares were acquired at an average price of $6.10 per share, with a total value of $36,600.00. Following the completion of the transaction, the director now owns 19,103 shares of the company’s stock, valued at $116,528.30. The trade was a 0.00 % increase in their position. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Insiders own 40.90% of the company’s stock.

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.