227,406 Shares in Adams Natural Resources Fund, Inc. (NYSE:PEO) Acquired by Raymond James Financial Inc.

Raymond James Financial Inc. purchased a new stake in shares of Adams Natural Resources Fund, Inc. (NYSE:PEO) during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm purchased 227,406 shares of the financial services provider’s stock, valued at approximately $4,944,000. Raymond James Financial Inc. owned about 0.89% of Adams Natural Resources Fund as of its most recent SEC filing.

A number of other institutional investors also recently modified their holdings of PEO. Cullen Investment Group LTD. lifted its position in Adams Natural Resources Fund by 1.9% during the 4th 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 last quarter. D.A. Davidson & CO. lifted its position 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 purchasing an additional 715 shares during the last quarter. Kovack Advisors Inc. boosted its stake in Adams Natural Resources Fund by 4.6% during the 4th quarter. Kovack Advisors Inc. now owns 22,740 shares of the financial services provider’s stock valued at $494,000 after purchasing an additional 991 shares during the period. Jones Financial Companies Lllp grew its holdings in Adams Natural Resources Fund by 31.9% in the 4th quarter. Jones Financial Companies Lllp now owns 4,547 shares of the financial services provider’s stock valued at $99,000 after buying an additional 1,100 shares during the last quarter. Finally, City State Bank bought a new position in Adams Natural Resources Fund in the 4th quarter worth approximately $25,000. Institutional investors own 33.54% of the company’s stock.

Adams Natural Resources Fund Price Performance

Shares of Adams Natural Resources Fund stock opened at $22.83 on Wednesday. The firm has a fifty day moving average price of $22.39 and a two-hundred day moving average price of $22.86. Adams Natural Resources Fund, Inc. has a fifty-two week low of $20.78 and a fifty-two week high of $24.23.

Adams Natural Resources Fund Increases Dividend

The business also recently announced a — dividend, which was paid on Wednesday, February 26th. Investors of record on Monday, January 27th were paid a $0.53 dividend. This represents a dividend yield of 5.3%. The ex-dividend date of this dividend was Monday, January 27th. This is a boost from Adams Natural Resources Fund’s previous — dividend of $0.16.

Insider Activity at Adams Natural Resources Fund

In other Adams Natural Resources Fund news, VP Gregory W. Buckley acquired 1,450 shares of the company’s stock in a transaction dated Wednesday, January 22nd. The stock was bought at an average price of $23.30 per share, for a total transaction of $33,785.00. Following the purchase, the vice president now owns 17,604 shares in the company, valued at $410,173.20. This represents a 8.98 % increase in their position. The transaction was disclosed in a filing with the SEC, which is available through this link. 0.13% of the stock is owned by corporate insiders.

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.