Swiss National Bank maintained its stake in shares of FutureFuel Corp. (NYSE:FF) during the second quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 40,609 shares of the company’s stock at the end of the second quarter. Swiss National Bank owned about 0.09% of FutureFuel Corp. worth $442,000 at the end of the most recent quarter.
Other large investors also recently made changes to their positions in the company. Boothbay Fund Management LLC bought a new stake in shares of FutureFuel Corp. during the first quarter valued at approximately $148,000. Smith Asset Management Group LP increased its stake in shares of FutureFuel Corp. by 69.2% in the second quarter. Smith Asset Management Group LP now owns 21,280 shares of the company’s stock valued at $232,000 after buying an additional 8,700 shares in the last quarter. First Citizens Bank & Trust Co. bought a new stake in shares of FutureFuel Corp. during the second quarter valued at approximately $343,000. AXA bought a new stake in shares of FutureFuel Corp. during the first quarter valued at approximately $511,000. Finally, California State Teachers Retirement System increased its stake in shares of FutureFuel Corp. by 1.3% in the second quarter. California State Teachers Retirement System now owns 52,329 shares of the company’s stock valued at $569,000 after buying an additional 657 shares in the last quarter. 38.52% of the stock is owned by institutional investors and hedge funds.
Shares of FutureFuel Corp. (NYSE:FF) traded up 0.61% during midday trading on Tuesday, reaching $11.61. The company had a trading volume of 16,006 shares. The firm has a market cap of $507.60 million, a P/E ratio of 8.56 and a beta of 1.31. The company’s 50-day moving average is $11.29 and its 200-day moving average is $11.20. FutureFuel Corp. has a 52-week low of $9.77 and a 52-week high of $16.08.
FutureFuel Corp. (NYSE:FF) last issued its quarterly earnings data on Tuesday, August 9th. The company reported $0.33 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $0.24 by $0.09. FutureFuel Corp. had a return on equity of 15.02% and a net margin of 23.21%. The firm earned $67.88 million during the quarter, compared to the consensus estimate of $93.50 million. During the same quarter in the previous year, the company posted $0.09 EPS. The business’s revenue for the quarter was down 35.1% compared to the same quarter last year. Equities research analysts expect that FutureFuel Corp. will post $1.00 EPS for the current fiscal year.
Separately, Zacks Investment Research downgraded FutureFuel Corp. from a “strong-buy” rating to a “hold” rating in a report on Tuesday, July 12th.
FutureFuel Corp. Company Profile
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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