Jane Street Group LLC Grows Holdings in FutureFuel Corp. (NYSE:FF)

Jane Street Group LLC lifted its holdings in shares of FutureFuel Corp. (NYSE:FF) by 101.4% during the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 36,370 shares of the energy company’s stock after purchasing an additional 18,307 shares during the quarter. Jane Street Group LLC’s holdings in FutureFuel were worth $209,000 as of its most recent SEC filing.

A number of other hedge funds have also recently added to or reduced their stakes in the business. AQR Capital Management LLC boosted its holdings 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 valued at $7,968,000 after acquiring an additional 671,144 shares during the last quarter. State Street Corp raised its holdings in shares of FutureFuel by 1.0% in the 3rd quarter. State Street Corp now owns 604,423 shares of the energy company’s stock worth $3,475,000 after purchasing an additional 5,947 shares during the period. American Century Companies Inc. raised its holdings in shares of FutureFuel by 56.1% in the 2nd quarter. American Century Companies Inc. now owns 241,603 shares of the energy company’s stock worth $1,239,000 after purchasing an additional 86,780 shares during the period. Empowered Funds LLC lifted its stake in shares of FutureFuel by 5.3% in the 3rd quarter. Empowered Funds LLC now owns 222,130 shares of the energy company’s stock valued at $1,277,000 after purchasing an additional 11,256 shares in the last quarter. Finally, Marshall Wace LLP grew its holdings in shares of FutureFuel by 293.9% during the 2nd quarter. Marshall Wace LLP now owns 219,793 shares of the energy company’s stock worth $1,128,000 after purchasing an additional 163,993 shares during the period. 44.56% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

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

Insider Activity

In other news, CEO Roeland Polet acquired 10,000 shares of the firm’s stock in a transaction on Wednesday, November 13th. The stock was bought at an average cost of $5.11 per share, with a total value of $51,100.00. Following the transaction, the chief executive officer now directly owns 10,000 shares in the company, valued at approximately $51,100. This represents a ∞ increase in their position. The acquisition was disclosed in a legal filing with the SEC, which can be accessed through this link. Insiders own 41.10% of the company’s stock.

FutureFuel Trading Down 0.4 %

NYSE:FF opened at $5.15 on Monday. The firm’s fifty day simple moving average is $5.28 and its 200 day simple moving average is $5.54. FutureFuel Corp. has a twelve month low of $4.15 and a twelve month high of $8.36. The firm has a market capitalization of $225.38 million, a price-to-earnings ratio of 6.28 and a beta of 0.56.

FutureFuel Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Thursday, December 18th. Stockholders of record on Thursday, December 4th will be given a $0.06 dividend. This represents a $0.24 annualized dividend and a dividend yield of 4.66%. The ex-dividend date is Thursday, December 4th. FutureFuel’s payout ratio is 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.