Jacobs Levy Equity Management Inc. Sells 70,846 Shares of FutureFuel Corp. (NYSE:FF)

Jacobs Levy Equity Management Inc. trimmed its position in shares of FutureFuel Corp. (NYSE:FF) by 34.7% during the 3rd quarter, according to its most recent 13F filing with the SEC. The fund owned 133,513 shares of the energy company’s stock after selling 70,846 shares during the quarter. Jacobs Levy Equity Management Inc.’s holdings in FutureFuel were worth $768,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also bought and sold shares of FF. AQR Capital Management LLC grew its holdings in shares of FutureFuel by 76.1% during the second quarter. AQR Capital Management LLC now owns 1,553,136 shares of the energy company’s stock valued at $7,968,000 after buying an additional 671,144 shares during the last quarter. Acadian Asset Management LLC raised its position in FutureFuel by 321.7% in the 2nd quarter. Acadian Asset Management LLC now owns 742,405 shares of the energy company’s stock worth $3,808,000 after buying an additional 566,367 shares during the last quarter. Los Angeles Capital Management LLC lifted its stake in FutureFuel by 612.4% during the 2nd quarter. Los Angeles Capital Management LLC now owns 352,525 shares of the energy company’s stock valued at $1,808,000 after acquiring an additional 303,038 shares during the period. Marshall Wace LLP boosted its holdings in shares of FutureFuel by 293.9% during the 2nd quarter. Marshall Wace LLP now owns 219,793 shares of the energy company’s stock valued at $1,128,000 after acquiring an additional 163,993 shares during the last quarter. Finally, Ritholtz Wealth Management grew its stake in shares of FutureFuel by 203.9% in the third quarter. Ritholtz Wealth Management now owns 138,373 shares of the energy company’s stock worth $796,000 after acquiring an additional 92,848 shares during the period. 44.56% of the stock is currently owned by institutional investors.

Insider Buying and Selling at FutureFuel

In other FutureFuel news, CEO Roeland Polet acquired 10,000 shares of the company’s stock in a transaction dated Wednesday, November 13th. The stock was purchased at an average price of $5.11 per share, with a total value of $51,100.00. Following the completion of the purchase, the chief executive officer now directly owns 10,000 shares in the company, valued at approximately $51,100. The trade was a ∞ increase in their position. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Corporate insiders own 41.10% of the company’s stock.

FutureFuel Price Performance

FF stock opened at $5.30 on Tuesday. FutureFuel Corp. has a 1 year low of $4.15 and a 1 year high of $8.36. The company has a market cap of $231.71 million, a P/E ratio of 6.46 and a beta of 0.58. The stock’s fifty day moving average price is $5.69 and its 200-day moving average price is $5.44.

FutureFuel Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, December 18th. Shareholders of record on Thursday, December 4th will be given a $0.06 dividend. The ex-dividend date is Thursday, December 4th. This represents a $0.24 annualized dividend and a yield of 4.53%. FutureFuel’s payout ratio is 29.27%.

Wall Street Analyst Weigh In

Separately, StockNews.com downgraded shares of FutureFuel from a “strong-buy” rating to a “hold” rating in a research 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.