Atria Investments Inc Acquires Shares of 6,809 Adams Resources & Energy, Inc. (NYSE:AE)

Atria Investments Inc bought a new position in Adams Resources & Energy, Inc. (NYSE:AE) during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm bought 6,809 shares of the company’s stock, valued at approximately $257,000. Atria Investments Inc owned about 0.26% of Adams Resources & Energy as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds also recently made changes to their positions in the company. Ascension Capital Advisors Inc. bought a new stake in shares of Adams Resources & Energy in the fourth quarter worth about $201,000. Barclays PLC lifted its holdings in Adams Resources & Energy by 118.5% in the 3rd quarter. Barclays PLC now owns 1,934 shares of the company’s stock worth $52,000 after buying an additional 1,049 shares during the period. Geode Capital Management LLC grew its position in shares of Adams Resources & Energy by 8.3% in the 3rd quarter. Geode Capital Management LLC now owns 25,124 shares of the company’s stock worth $679,000 after buying an additional 1,916 shares during the last quarter. Wittenberg Investment Management Inc. increased its stake in shares of Adams Resources & Energy by 1.6% during the third quarter. Wittenberg Investment Management Inc. now owns 21,315 shares of the company’s stock valued at $576,000 after buying an additional 339 shares during the period. Finally, Round Hill Asset Management increased its stake in shares of Adams Resources & Energy by 71.6% during the third quarter. Round Hill Asset Management now owns 22,979 shares of the company’s stock valued at $620,000 after buying an additional 9,587 shares during the period. 57.81% of the stock is owned by hedge funds and other institutional investors.

Adams Resources & Energy Stock Performance

Shares of AE opened at $37.98 on Wednesday. The company has a 50-day simple moving average of $37.85 and a two-hundred day simple moving average of $33.45. The company has a debt-to-equity ratio of 0.17, a current ratio of 1.04 and a quick ratio of 0.89. The firm has a market capitalization of $97.61 million, a PE ratio of -12.02 and a beta of 0.83. Adams Resources & Energy, Inc. has a one year low of $22.30 and a one year high of $38.00.

Analyst Ratings Changes

Separately, StockNews.com initiated coverage on shares of Adams Resources & Energy in a report on Thursday, March 13th. They issued a “buy” rating on the stock.

Adams Resources & Energy Profile

Adams Resources & Energy, Inc engages in the business of crude oil marketing, transportation and storage in various crude oil and natural gas basins. It operates through the following segments: crude oil marketing, transportation and storage, tank truck transportation of liquid chemicals, pressurized gases, asphalt and dry bulk, and pipeline transportation, terminalling and storage of crude oil.