Uncommon Cents Investing LLC Decreases Holdings in Adams Natural Resources Fund, Inc. (NYSE:PEO)

Uncommon Cents Investing LLC reduced its position in Adams Natural Resources Fund, Inc. (NYSE:PEO) by 0.9% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 60,672 shares of the financial services provider’s stock after selling 580 shares during the quarter. Uncommon Cents Investing LLC owned about 0.24% of Adams Natural Resources Fund worth $1,319,000 at the end of the most recent reporting period.

Other large investors have also made changes to their positions in the company. City State Bank acquired a new stake in shares of Adams Natural Resources Fund in the 4th quarter worth $25,000. Northwestern Mutual Wealth Management Co. boosted its holdings in Adams Natural Resources Fund by 241.1% in the second quarter. Northwestern Mutual Wealth Management Co. now owns 3,230 shares of the financial services provider’s stock worth $76,000 after acquiring an additional 2,283 shares in the last quarter. Advisors Asset Management Inc. acquired a new stake in Adams Natural Resources Fund in the third quarter worth about $360,000. Wolverine Asset Management LLC grew its stake in shares of Adams Natural Resources Fund by 1,206.2% during the third quarter. Wolverine Asset Management LLC now owns 24,086 shares of the financial services provider’s stock worth $559,000 after acquiring an additional 22,242 shares during the last quarter. Finally, Sanctuary Advisors LLC acquired a new position in shares of Adams Natural Resources Fund during the third quarter valued at about $590,000. 33.54% of the stock is owned by institutional investors and hedge funds.

Adams Natural Resources Fund Trading Up 1.6 %

PEO stock opened at $23.80 on Monday. Adams Natural Resources Fund, Inc. has a 52 week low of $19.85 and a 52 week high of $24.79. The firm has a 50 day moving average of $22.81 and a 200 day moving average of $23.19.

Adams Natural Resources Fund Increases Dividend

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

Adams Natural Resources Fund 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.