Cwm LLC Grows Stock Position in FutureFuel Corp. (NYSE:FF)

Cwm LLC boosted its position in shares of FutureFuel Corp. (NYSE:FF) by 124.8% in the 3rd quarter, Holdings Channel reports. The institutional investor owned 38,167 shares of the energy company’s stock after buying an additional 21,187 shares during the quarter. Cwm LLC’s holdings in FutureFuel were worth $219,000 at the end of the most recent quarter.

A number of other hedge funds have also bought and sold shares of the company. nVerses Capital LLC purchased a new stake in shares of FutureFuel in the second quarter worth approximately $26,000. PNC Financial Services Group Inc. increased its stake in FutureFuel by 821.9% in the fourth quarter. PNC Financial Services Group Inc. now owns 6,029 shares of the energy company’s stock worth $37,000 after purchasing an additional 5,375 shares during the period. SG Americas Securities LLC bought a new stake in shares of FutureFuel during the third quarter worth $58,000. Pallas Capital Advisors LLC bought a new stake in shares of FutureFuel during the second quarter worth $63,000. Finally, EntryPoint Capital LLC purchased a new stake in shares of FutureFuel during the first quarter valued at $83,000. Institutional investors own 44.56% of the company’s stock.

Wall Street Analyst Weigh In

Separately, StockNews.com lowered shares of FutureFuel from a “strong-buy” rating to a “buy” rating in a report on Wednesday, October 16th.

Insider Activity

In related news, Director Paul Manheim bought 6,000 shares of the company’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 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 ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Company insiders own 40.90% of the company’s stock.

FutureFuel Stock Up 2.0 %

Shares of NYSE:FF opened at $6.05 on Wednesday. The business’s 50 day moving average is $5.93 and its 200 day moving average is $5.45. The stock has a market cap of $264.77 million, a P/E ratio of 12.96 and a beta of 0.62. FutureFuel Corp. has a 52-week low of $4.15 and a 52-week high of $8.36.

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

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.