Los Angeles Capital Management LLC Sells 49,700 Shares of FutureFuel Corp. (NYSE:FF)

Los Angeles Capital Management LLC trimmed its holdings in shares of FutureFuel Corp. (NYSE:FF) by 16.4% in the fourth quarter, according to its most recent filing with the SEC. The firm owned 252,820 shares of the energy company’s stock after selling 49,700 shares during the period. Los Angeles Capital Management LLC’s holdings in FutureFuel were worth $1,337,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Geode Capital Management LLC lifted its holdings in shares of FutureFuel by 19.1% during the 3rd quarter. Geode Capital Management LLC now owns 800,995 shares of the energy company’s stock worth $4,607,000 after acquiring an additional 128,655 shares during the period. State Street Corp lifted its holdings in FutureFuel by 1.0% during the 3rd quarter. State Street Corp now owns 604,423 shares of the energy company’s stock valued at $3,475,000 after purchasing an additional 5,947 shares during the last quarter. BNP Paribas Financial Markets lifted its holdings in FutureFuel by 677.0% during the 3rd quarter. BNP Paribas Financial Markets now owns 38,818 shares of the energy company’s stock valued at $223,000 after purchasing an additional 33,822 shares during the last quarter. XTX Topco Ltd bought a new position in FutureFuel during the 3rd quarter valued at about $82,000. Finally, Barclays PLC lifted its holdings in FutureFuel by 286.3% during the 3rd quarter. Barclays PLC now owns 34,241 shares of the energy company’s stock valued at $197,000 after purchasing an additional 25,377 shares during the last quarter. 44.56% of the stock is owned by institutional investors.

FutureFuel Trading Up 0.1 %

FF opened at $4.52 on Friday. The stock has a market capitalization of $197.59 million, a PE ratio of 5.51 and a beta of 0.55. FutureFuel Corp. has a 1-year low of $4.15 and a 1-year high of $8.36. The firm has a 50-day moving average price of $5.13 and a two-hundred day moving average price of $5.51.

FutureFuel Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, March 18th. Shareholders of record on Tuesday, March 4th will be given a $0.06 dividend. This represents a $0.24 annualized dividend and a yield of 5.32%. The ex-dividend date is Tuesday, March 4th. FutureFuel’s payout ratio is presently 29.27%.

Analysts Set New Price Targets

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

FutureFuel Company 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.