Bank of New York Mellon Corp Raises Holdings in FutureFuel Corp. (NYSE:FF)

Bank of New York Mellon Corp boosted its stake in shares of FutureFuel Corp. (NYSE:FF) by 12.7% during the fourth quarter, Holdings Channel.com reports. The firm owned 480,031 shares of the energy company’s stock after purchasing an additional 53,983 shares during the quarter. Bank of New York Mellon Corp’s holdings in FutureFuel were worth $2,539,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently bought and sold shares of the company. Quarry LP acquired a new position in shares of FutureFuel in the third quarter valued at about $47,000. The Manufacturers Life Insurance Company acquired a new position in FutureFuel in the 3rd quarter valued at about $69,000. SG Americas Securities LLC lifted its stake in shares of FutureFuel by 28.8% in the 4th quarter. SG Americas Securities LLC now owns 12,990 shares of the energy company’s stock valued at $69,000 after purchasing an additional 2,904 shares during the last quarter. XTX Topco Ltd purchased a new stake in shares of FutureFuel in the 3rd quarter valued at approximately $82,000. Finally, FMR LLC increased its stake in FutureFuel by 235.8% during the third quarter. FMR LLC now owns 23,026 shares of the energy company’s stock worth $132,000 after purchasing an additional 16,169 shares during the period. Hedge funds and other institutional investors own 44.56% of the company’s stock.

FutureFuel Price Performance

Shares of NYSE FF opened at $4.17 on Friday. The company has a market cap of $182.27 million, a price-to-earnings ratio of 5.08 and a beta of 0.56. The stock’s 50-day moving average is $4.87 and its two-hundred day moving average is $5.33. FutureFuel Corp. has a 1-year low of $4.08 and a 1-year high of $8.36.

About FutureFuel

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.