Adams Natural Resources Fund, Inc. (NYSE:PEO) Shares Sold by Uncommon Cents Investing LLC

Uncommon Cents Investing LLC decreased its position in shares of Adams Natural Resources Fund, Inc. (NYSE:PEO) by 0.9% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 60,672 shares of the financial services provider’s stock after selling 580 shares during the quarter. Uncommon Cents Investing LLC’s holdings in Adams Natural Resources Fund were worth $1,319,000 as of its most recent SEC filing.

Other institutional investors have also recently made changes to their positions in the company. Whitener Capital Management Inc. boosted its holdings in Adams Natural Resources Fund by 0.7% during the third quarter. Whitener Capital Management Inc. now owns 74,478 shares of the financial services provider’s stock worth $1,729,000 after buying an additional 531 shares in the last quarter. Cullen Investment Group LTD. raised its position in shares of Adams Natural Resources Fund by 1.9% in the fourth quarter. Cullen Investment Group LTD. now owns 28,786 shares of the financial services provider’s stock worth $626,000 after acquiring an additional 546 shares during the period. D.A. Davidson & CO. boosted its stake in shares of Adams Natural Resources Fund by 1.1% during the 3rd quarter. D.A. Davidson & CO. now owns 64,107 shares of the financial services provider’s stock worth $1,489,000 after acquiring an additional 715 shares in the last quarter. City State Bank acquired a new stake in shares of Adams Natural Resources Fund during the 4th quarter valued at about $25,000. Finally, Stifel Financial Corp increased its stake in shares of Adams Natural Resources Fund by 2.2% in the 3rd quarter. Stifel Financial Corp now owns 74,260 shares of the financial services provider’s stock valued at $1,724,000 after purchasing an additional 1,582 shares in the last quarter. 33.54% of the stock is owned by hedge funds and other institutional investors.

Adams Natural Resources Fund Trading Up 1.6 %

Shares of PEO stock opened at $23.80 on Monday. Adams Natural Resources Fund, Inc. has a 12-month low of $19.85 and a 12-month high of $24.79. The business’s 50 day moving average is $22.81 and its two-hundred day moving average is $23.19.

Adams Natural Resources Fund Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Thursday, December 19th. Investors of record on Friday, November 22nd were paid a $1.03 dividend. The ex-dividend date was Friday, November 22nd. This represents a $4.12 dividend on an annualized basis and a yield of 17.31%. This is a boost from Adams Natural Resources Fund’s previous quarterly dividend of $0.16.

Adams Natural Resources Fund Company Profile

Adams Natural Resources Fund, Inc is a publicly owned investment manager. The firm invests in the public equity markets across the globe. The firm manages closed-end equity fund focused on the energy and material sectors. It invests in stocks of companies of all market capitalizations operating in the energy and natural resources sector including oil companies, exploration and production, utilities, services, and basic materials sectors.