CIBC restated their average rating on shares of Adams Natural Resources Fund (NYSE:PEO) in a research note issued to investors on Wednesday, AnalystRatings.com reports. They currently have a $11.00 target price on the financial services provider’s stock.
Separately, Canaccord Genuity reaffirmed an average rating on shares of Adams Natural Resources Fund in a report on Wednesday.
Get Adams Natural Resources Fund alerts: Shares of NYSE:PEO opened at $15.80 on Wednesday. Adams Natural Resources Fund has a 12 month low of $13.60 and a 12 month high of $20.34. The business’s 50 day moving average price is $16.37.
The business also recently declared a quarterly dividend, which will be paid on Friday, August 30th. Shareholders of record on Friday, August 16th will be issued a $0.10 dividend. The ex-dividend date of this dividend is Thursday, August 15th. This represents a $0.40 annualized dividend and a dividend yield of 2.53%.
Several hedge funds and other have recently bought and sold shares of the business. Creative Planning increased its holdings in shares of Adams Natural Resources Fund by 6.7% in the second quarter. Creative Planning now owns 12,617 shares of the financial services provider’s stock valued at $209,000 after buying an additional 789 shares in the last quarter. HL Financial Services LLC increased its holdings in shares of Adams Natural Resources Fund by 1.7% in the first quarter. HL Financial Services LLC now owns 56,688 shares of the financial services provider’s stock valued at $951,000 after buying an additional 969 shares in the last quarter. Whitener Capital Management Inc. increased its holdings in shares of Adams Natural Resources Fund by 7.3% in the first quarter. Whitener Capital Management Inc. now owns 15,370 shares of the financial services provider’s stock valued at $257,000 after buying an additional 1,040 shares in the last quarter. Northwestern Mutual Wealth Management Co. increased its holdings in shares of Adams Natural Resources Fund by 2.1% in the first quarter. Northwestern Mutual Wealth Management Co. now owns 65,377 shares of the financial services provider’s stock valued at $1,096,000 after buying an additional 1,354 shares in the last quarter. Finally, Cardan Capital Partners LLC increased its holdings in shares of Adams Natural Resources Fund by 8.8% in the second quarter. Cardan Capital Partners LLC now owns 25,021 shares of the financial services provider’s stock valued at $414,000 after buying an additional 2,014 shares in the last quarter. 23.82% of the stock is currently owned by .
Adams Natural Resources Fund Company Profile
Adams Natural Resources Fund, Inc is a self-managed investment trust. The firm invests in the public equity markets across the globe. 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.
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