Moors & Cabot Inc. Has $333,000 Position in Adams Natural Resources Fund, Inc. (NYSE:PEO)

Moors & Cabot Inc. grew its stake in Adams Natural Resources Fund, Inc. (NYSE:PEO) by 4.6% in the 4th quarter, HoldingsChannel reports. The institutional investor owned 15,298 shares of the financial services provider’s stock after buying an additional 669 shares during the period. Moors & Cabot Inc.’s holdings in Adams Natural Resources Fund were worth $333,000 at the end of the most recent quarter.

A number of other hedge funds also recently made changes to their positions in the stock. Pathstone Holdings LLC increased its position in Adams Natural Resources Fund by 149.9% during the 3rd 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 during the period. Advisors Asset Management Inc. acquired a new stake in shares of Adams Natural Resources Fund during the third quarter worth $360,000. D.A. Davidson & CO. raised its stake in Adams Natural Resources Fund by 1.1% during the third quarter. D.A. Davidson & CO. now owns 64,107 shares of the financial services provider’s stock worth $1,489,000 after buying an additional 715 shares during the last quarter. Capstone Investment Advisors LLC acquired a new position in Adams Natural Resources Fund in the third quarter valued at $1,247,000. Finally, Stifel Financial Corp boosted its position in Adams Natural Resources Fund by 2.2% during the third quarter. Stifel Financial Corp now owns 74,260 shares of the financial services provider’s stock valued at $1,724,000 after acquiring an additional 1,582 shares during the last quarter. 33.54% of the stock is currently owned by institutional investors.

Insider Buying and Selling at Adams Natural Resources Fund

In related news, VP Gregory W. Buckley acquired 1,450 shares of the 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 directly owns 17,604 shares of the company’s stock, valued at $410,173.20. The trade was a 8.98 % increase in their position. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Insiders own 0.13% of the company’s stock.

Adams Natural Resources Fund Price Performance

PEO stock opened at $21.92 on Friday. The stock has a 50-day moving average price of $22.38 and a 200-day moving average price of $22.88. Adams Natural Resources Fund, Inc. has a 1-year low of $20.78 and a 1-year high of $24.23.

Adams Natural Resources Fund Increases Dividend

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

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.