BNP Paribas Financial Markets Purchases 33,822 Shares of FutureFuel Corp. (NYSE:FF)

BNP Paribas Financial Markets boosted its holdings in shares of FutureFuel Corp. (NYSE:FF) by 677.0% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 38,818 shares of the energy company’s stock after buying an additional 33,822 shares during the period. BNP Paribas Financial Markets’ holdings in FutureFuel were worth $223,000 as of its most recent SEC filing.

A number of other large investors have also recently made changes to their positions in the business. nVerses Capital LLC bought a new position in FutureFuel during the 2nd quarter valued at $26,000. SG Americas Securities LLC bought a new position in shares of FutureFuel during the third quarter valued at about $58,000. Pallas Capital Advisors LLC bought a new position in shares of FutureFuel during the 2nd quarter worth approximately $63,000. The Manufacturers Life Insurance Company purchased a new stake in shares of FutureFuel during the third quarter valued at approximately $69,000. Finally, CWM LLC lifted its holdings in 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 acquiring an additional 12,649 shares during the period. 44.56% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

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

Insider Activity at FutureFuel

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

FutureFuel Stock Performance

Shares of FF stock opened at $5.21 on Tuesday. The firm has a market cap of $227.79 million, a price-to-earnings ratio of 6.35 and a beta of 0.58. FutureFuel Corp. has a 52 week low of $4.15 and a 52 week high of $8.36. The firm’s 50-day simple moving average is $5.63 and its two-hundred day simple moving average is $5.46.

FutureFuel Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, December 18th. Investors of record on Thursday, December 4th will be issued a $0.06 dividend. The ex-dividend date of this dividend is Thursday, December 4th. This represents a $0.24 dividend on an annualized basis and a dividend yield of 4.61%. FutureFuel’s dividend payout ratio (DPR) is presently 29.27%.

FutureFuel 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.