Schwab Charles Investment Management Inc. grew its stake in shares of FutureFuel Corp. (NYSE:FF) by 16.5% during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 125,350 shares of the energy company’s stock after acquiring an additional 17,757 shares during the period. Schwab Charles Investment Management Inc. owned 0.29% of FutureFuel worth $1,757,000 at the end of the most recent reporting period.
Several other large investors also recently bought and sold shares of the business. Dimensional Fund Advisors LP raised its position in shares of FutureFuel by 5.4% in the first quarter. Dimensional Fund Advisors LP now owns 2,295,361 shares of the energy company’s stock worth $27,521,000 after buying an additional 117,688 shares in the last quarter. Millennium Management LLC raised its position in shares of FutureFuel by 674.5% in the first quarter. Millennium Management LLC now owns 133,287 shares of the energy company’s stock worth $1,598,000 after buying an additional 116,078 shares in the last quarter. Bailard Inc. purchased a new stake in shares of FutureFuel in the second quarter worth $629,000. BlackRock Inc. raised its position in shares of FutureFuel by 1.4% in the first quarter. BlackRock Inc. now owns 3,241,923 shares of the energy company’s stock worth $38,871,000 after buying an additional 43,655 shares in the last quarter. Finally, GSA Capital Partners LLP purchased a new stake in shares of FutureFuel in the first quarter worth $370,000. Hedge funds and other institutional investors own 44.74% of the company’s stock.
Shares of FF stock opened at $15.94 on Friday. FutureFuel Corp. has a 52-week low of $11.32 and a 52-week high of $18.97. The firm has a market capitalization of $810.99 million, a P/E ratio of 15.20 and a beta of 1.66.
FutureFuel (NYSE:FF) last issued its quarterly earnings data on Thursday, August 9th. The energy company reported $0.14 earnings per share (EPS) for the quarter. FutureFuel had a return on equity of 14.61% and a net margin of 22.12%. The company had revenue of $88.34 million for the quarter.
FutureFuel Company Profile
FutureFuel Corp., through its subsidiaries, manufactures and sells diversified chemical products, bio-based products, and bio-based specialty chemical products in the United States. It operates in two segments, Chemicals and Biofuels. The Chemicals segment manufactures and sells custom chemicals, including agrochemicals and intermediates, detergent additives, biocides intermediates, specialty polymers, dyes, stabilizers, and chemicals intermediates; and chemicals used in consumer products consisting of cosmetics and personal care products, specialty polymers, and specialty products used in the fuels industry.
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