FutureFuel Corp. (FF) Stake Held by Municipal Employees Retirement System of Michigan

Municipal Employees Retirement System of Michigan held its stake in FutureFuel Corp. (NYSE:FF) during the first quarter, Holdings Channel reports. The institutional investor owned 43,460 shares of the energy company’s stock at the end of the first quarter. Municipal Employees Retirement System of Michigan’s holdings in FutureFuel Corp. were worth $617,000 as of its most recent filing with the SEC.

Several other large investors also recently bought and sold shares of the stock. Arizona State Retirement System increased its stake in FutureFuel Corp. by 0.9% in the first quarter. Arizona State Retirement System now owns 11,819 shares of the energy company’s stock valued at $168,000 after buying an additional 100 shares in the last quarter. Parkside Financial Bank & Trust increased its stake in FutureFuel Corp. by 0.5% in the first quarter. Parkside Financial Bank & Trust now owns 20,302 shares of the energy company’s stock valued at $288,000 after buying an additional 110 shares in the last quarter. Los Angeles Capital Management & Equity Research Inc. increased its stake in FutureFuel Corp. by 2.6% in the first quarter. Los Angeles Capital Management & Equity Research Inc. now owns 27,516 shares of the energy company’s stock valued at $390,000 after buying an additional 700 shares in the last quarter. Thrivent Financial for Lutherans increased its stake in FutureFuel Corp. by 6.3% in the fourth quarter. Thrivent Financial for Lutherans now owns 12,230 shares of the energy company’s stock valued at $170,000 after buying an additional 730 shares in the last quarter. Finally, Comerica Bank increased its stake in FutureFuel Corp. by 3.8% in the first quarter. Comerica Bank now owns 25,166 shares of the energy company’s stock valued at $398,000 after buying an additional 910 shares in the last quarter. Institutional investors own 43.64% of the company’s stock.

Institutional Ownership by Quarter for FutureFuel Corp. (NYSE:FF)

Shares of FutureFuel Corp. (NYSE FF) opened at 14.71 on Thursday. The firm has a market capitalization of $643.55 million, a P/E ratio of 13.05 and a beta of 1.81. The company’s 50-day moving average is $14.64 and its 200 day moving average is $14.09. FutureFuel Corp. has a 52-week low of $9.77 and a 52-week high of $16.58.

FutureFuel Corp. (NYSE:FF) last issued its earnings results on Tuesday, May 9th. The energy company reported $0.08 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $0.17 by $0.09. The firm had revenue of $54.11 million during the quarter. FutureFuel Corp. had a return on equity of 12.98% and a net margin of 18.86%. Analysts expect that FutureFuel Corp. will post $1.08 EPS for the current fiscal year.

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Separately, TheStreet downgraded shares of FutureFuel Corp. from a “b” rating to a “c+” rating in a research report on Wednesday, May 10th.

In related news, Director Keith Neumeyer acquired 87,500 shares of the company’s stock in a transaction dated Thursday, March 30th. The stock was purchased at an average price of $0.81 per share, with a total value of $70,875.00. Also, VP Paul M. Flynn sold 10,000 shares of the stock in a transaction that occurred on Friday, March 24th. The shares were sold at an average price of $13.55, for a total value of $135,500.00. Following the sale, the vice president now directly owns 60,000 shares of the company’s stock, valued at approximately $813,000. The disclosure for this sale can be found here. In the last ninety days, insiders acquired 395,500 shares of company stock valued at $278,515. 43.40% of the stock is owned by insiders.

FutureFuel Corp. Company Profile

FutureFuel Corp. is the holding company of FutureFuel Chemical Company. FutureFuel Chemical Company manufactures diversified chemical products, bio-based products consisting of biofuels, and bio-based specialty chemical products. FutureFuel Chemical Company conducts its operations through two segments: chemicals and biofuels.new TradingView.widget({ “height”: 400, “width”: 625, “symbol”: “FF”, “interval”: “D”, “timezone”: “Etc/UTC”, “theme”: “White”, “style”: “1”, “locale”: “en”, “toolbar_bg”: “#f1f3f6”, “enable_publishing”: false, “hideideas”: true, “referral_id”: “2588”});

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