Adams Natural Resources Fund, Inc. (NYSE:PEO) VP Gregory W. Buckley Buys 1,450 Shares

Adams Natural Resources Fund, Inc. (NYSE:PEO) VP Gregory W. Buckley bought 1,450 shares of the firm’s stock in a transaction that occurred on Wednesday, January 22nd. The shares were purchased at an average cost of $23.30 per share, for a total transaction of $33,785.00. Following the completion of the transaction, the vice president now owns 17,604 shares of the company’s stock, valued at $410,173.20. This represents a 8.98 % increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website.

Adams Natural Resources Fund Price Performance

Shares of NYSE:PEO opened at $23.07 on Friday. Adams Natural Resources Fund, Inc. has a 1-year low of $19.99 and a 1-year high of $24.79. The business’s 50 day moving average is $22.73 and its 200-day moving average is $23.19.

Adams Natural Resources Fund Increases Dividend

The firm also recently declared a — dividend, which will be paid on Wednesday, February 26th. Shareholders of record on Monday, January 27th will be paid a dividend of $0.53 per share. The ex-dividend date is Monday, January 27th. This represents a yield of 5.3%. This is an increase from Adams Natural Resources Fund’s previous — dividend of $0.16.

Hedge Funds Weigh In On Adams Natural Resources Fund

A number of hedge funds have recently made changes to their positions in the business. Adams Diversified Equity Fund Inc. boosted its position in shares of Adams Natural Resources Fund by 2.4% during the 3rd quarter. Adams Diversified Equity Fund Inc. now owns 2,238,679 shares of the financial services provider’s stock valued at $51,982,000 after acquiring an additional 51,905 shares in the last quarter. Pathstone Holdings LLC boosted its holdings in Adams Natural Resources Fund by 149.9% during the third quarter. Pathstone Holdings LLC now owns 291,504 shares of the financial services provider’s stock valued at $6,771,000 after purchasing an additional 174,866 shares in the last quarter. Raymond James & Associates grew its stake in shares of Adams Natural Resources Fund by 3.7% in the 3rd quarter. Raymond James & Associates now owns 216,439 shares of the financial services provider’s stock valued at $5,026,000 after purchasing an additional 7,727 shares during the period. Whitener Capital Management Inc. raised its holdings in shares of Adams Natural Resources Fund by 0.7% in the 3rd 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. Finally, Stifel Financial Corp lifted its position in shares of Adams Natural Resources Fund by 2.2% during the 3rd quarter. Stifel Financial Corp now owns 74,260 shares of the financial services provider’s stock worth $1,724,000 after buying an additional 1,582 shares during the period. Institutional investors and hedge funds own 33.54% of the company’s stock.

About Adams Natural Resources Fund

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.