Trade Report: Today, Strs Ohio reduces its investment in FutureFuel Corp. (FF)

Today, Strs Ohio reduces its investment in FutureFuel Corp. (FF)

Strs Ohio lowered its stake in FutureFuel Corp. (NYSE:FF) by 20.3% during the third quarter, Holdings Channel reports. The institutional investor owned 32,500 shares of the company’s stock after selling 8,300 shares during the period. Strs Ohio owned about 0.07% of FutureFuel Corp. worth $366,000 at the end of the most recent reporting period.

Several other large investors also recently modified their holdings of the company. Krilogy Financial LLC increased its position in FutureFuel Corp. by 0.5% in the second quarter. Krilogy Financial LLC now owns 10,117 shares of the company’s stock worth $110,000 after buying an additional 53 shares during the period. Paloma Partners Management Co acquired a new position in FutureFuel Corp. during the second quarter worth $112,000. Stevens Capital Management LP acquired a new position in FutureFuel Corp. during the second quarter worth $119,000. Thrivent Financial for Lutherans increased its position in FutureFuel Corp. by 5.0% in the second quarter. Thrivent Financial for Lutherans now owns 10,940 shares of the company’s stock worth $119,000 after buying an additional 520 shares during the period. Finally, Arizona State Retirement System increased its position in FutureFuel Corp. by 1.7% in the second quarter. Arizona State Retirement System now owns 11,819 shares of the company’s stock worth $129,000 after buying an additional 200 shares during the period. 38.71% of the stock is owned by institutional investors.

Shares of FutureFuel Corp. (NYSE:FF) traded up 1.07% during mid-day trading on Friday, reaching $14.13. 156,540 shares of the company’s stock were exchanged. FutureFuel Corp. has a 52-week low of $9.77 and a 52-week high of $14.80. The company’s 50-day moving average price is $12.00 and its 200 day moving average price is $11.40. The company has a market cap of $617.78 million, a PE ratio of 9.21 and a beta of 1.40.

FutureFuel Corp. (NYSE:FF) last issued its quarterly earnings results on Wednesday, November 9th. The company reported $0.29 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $0.24 by $0.05. The firm had revenue of $69.31 million for the quarter, compared to the consensus estimate of $86 million. FutureFuel Corp. had a net margin of 30.92% and a return on equity of 16.41%. The company’s revenue for the quarter was down 35.3% on a year-over-year basis. During the same quarter in the previous year, the company earned $0.11 EPS. On average, equities research analysts predict that FutureFuel Corp. will post $1.08 EPS for the current year.

A number of research analysts recently weighed in on the stock. Zacks Investment Research downgraded shares of FutureFuel Corp. from a “hold” rating to a “sell” rating in a research report on Monday, October 10th. TheStreet upgraded shares of FutureFuel Corp. from a “hold” rating to a “buy” rating in a research note on Wednesday, November 16th.

In related news, VP Paul M. Flynn sold 7,500 shares of the business’s stock in a transaction on Friday, November 18th. The shares were sold at an average price of $13.71, for a total transaction of $102,825.00. Following the transaction, the vice president now owns 98,771 shares in the company, valued at approximately $1,354,150.41. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. 43.40% of the stock is currently owned by insiders.

About FutureFuel Corp.

FutureFuel Corp. is engaged in the chemical and biofuels business. The FutureFuel Chemical Company, a subsidiary of Company, manufactures chemical products and bio-based products comprising biofuels and bio-based specialty chemical products. The Company operates in two segments: chemicals and biofuels.

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