PFG Investments LLC Makes New $327,000 Investment in Adams Natural Resources Fund, Inc. (NYSE:PEO)

PFG Investments LLC acquired a new stake in shares of Adams Natural Resources Fund, Inc. (NYSE:PEO - Free Report) in the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 14,319 shares of the financial services provider's stock, valued at approximately $327,000. PFG Investments LLC owned 0.05% of Adams Natural Resources Fund at the end of the most recent quarter.

A number of other large investors have also bought and sold shares of the company. Medici Capital LLC lifted its holdings in Adams Natural Resources Fund by 2.4% during the 1st quarter. Medici Capital LLC now owns 26,294 shares of the financial services provider's stock worth $600,000 after purchasing an additional 606 shares in the last quarter. NBC Securities Inc. boosted its stake in shares of Adams Natural Resources Fund by 114,200.0% in the 1st quarter. NBC Securities Inc. now owns 1,143 shares of the financial services provider's stock valued at $26,000 after purchasing an additional 1,142 shares in the last quarter. Cullen Investment Group LTD. grew its holdings in Adams Natural Resources Fund by 2.1% in the 1st quarter. Cullen Investment Group LTD. now owns 29,403 shares of the financial services provider's stock worth $671,000 after acquiring an additional 617 shares during the last quarter. Pathstone Holdings LLC increased its position in shares of Adams Natural Resources Fund by 42.1% in the fourth quarter. Pathstone Holdings LLC now owns 414,351 shares of the financial services provider's stock valued at $9,011,000 after acquiring an additional 122,847 shares during the period. Finally, Focus Partners Wealth raised its position in Adams Natural Resources Fund by 3.6% during the 4th quarter. Focus Partners Wealth now owns 15,570 shares of the financial services provider's stock valued at $338,000 after purchasing an additional 541 shares during the last quarter. 33.54% of the stock is owned by hedge funds and other institutional investors.

Adams Natural Resources Fund Stock Performance

PEO stock traded down $0.16 on Wednesday, reaching $21.37. The company's stock had a trading volume of 61,742 shares, compared to its average volume of 52,713. Adams Natural Resources Fund, Inc. has a 12-month low of $18.35 and a 12-month high of $24.23. The business has a fifty day simple moving average of $20.58 and a two-hundred day simple moving average of $21.50.

Adams Natural Resources Fund Cuts Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, May 28th. Investors of record on Monday, April 28th were given a dividend of $0.52 per share. The ex-dividend date was Monday, April 28th. This represents a $2.08 annualized dividend and a dividend yield of 9.73%.

Adams Natural Resources Fund Company 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.