Adams Resources & Energy Inc (AE) Shares Bought by Northern Trust Corp

Northern Trust Corp raised its stake in Adams Resources & Energy Inc (NYSEAMERICAN:AE) by 6.3% during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 52,928 shares of the energy company’s stock after buying an additional 3,114 shares during the period. Northern Trust Corp owned about 1.25% of Adams Resources & Energy worth $2,276,000 at the end of the most recent quarter.

Other large investors also recently modified their holdings of the company. BlackRock Inc. increased its holdings in shares of Adams Resources & Energy by 1.6% in the 2nd quarter. BlackRock Inc. now owns 175,433 shares of the energy company’s stock worth $7,544,000 after buying an additional 2,712 shares during the last quarter. Uncommon Cents Investing LLC bought a new position in shares of Adams Resources & Energy during the 2nd quarter valued at $323,000. Renaissance Technologies LLC grew its holdings in shares of Adams Resources & Energy by 2.1% during the 2nd quarter. Renaissance Technologies LLC now owns 300,230 shares of the energy company’s stock valued at $12,910,000 after purchasing an additional 6,230 shares during the last quarter. Finally, Martingale Asset Management L P bought a new position in shares of Adams Resources & Energy during the 2nd quarter valued at $289,000.

AE stock opened at $39.54 on Friday. Adams Resources & Energy Inc has a 52 week low of $35.81 and a 52 week high of $50.58.

The company also recently declared a quarterly dividend, which will be paid on Friday, December 21st. Shareholders of record on Friday, December 7th will be given a dividend of $0.22 per share. The ex-dividend date is Thursday, December 6th. This represents a $0.88 annualized dividend and a yield of 2.23%.

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Adams Resources & Energy Company Profile

Adams Resources & Energy, Inc, through its subsidiaries, engages in the marketing, transportation, and storage of crude oil; and tank truck transportation of liquid chemicals and dry bulk in the United States. Its Marketing segment purchases crude oil, and arranges sales and deliveries to refiners and other customers primarily onshore in Texas, Oklahoma, North Dakota, Michigan, and Louisiana.

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Institutional Ownership by Quarter for Adams Resources & Energy (NYSEAMERICAN:AE)

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