Adams Resources & Energy Inc (NYSEAMERICAN:AE) Director Murray E. Brasseux Buys 1,000 Shares

Adams Resources & Energy Inc (NYSEAMERICAN:AE) Director Murray E. Brasseux acquired 1,000 shares of the company’s stock in a transaction that occurred on Monday, August 19th. The shares were bought at an average cost of $31.30 per share, for a total transaction of $31,300.00. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink.

AE traded down $0.60 during trading on Monday, reaching $30.90. 10,245 shares of the company were exchanged, compared to its average volume of 7,793. Adams Resources & Energy Inc has a 12-month low of $30.82 and a 12-month high of $46.84.

The business also recently disclosed a quarterly dividend, which will be paid on Friday, September 20th. Investors of record on Friday, September 6th will be issued a dividend of $0.24 per share. This represents a $0.96 dividend on an annualized basis and a yield of 3.11%.

A number of institutional investors and hedge funds have recently modified their holdings of the stock. Morgan Stanley increased its stake in Adams Resources & Energy by 19.6% in the 2nd quarter. Morgan Stanley now owns 2,655 shares of the energy company’s stock worth $91,000 after acquiring an additional 436 shares during the last quarter. Vanguard Group Inc. increased its stake in Adams Resources & Energy by 1.2% in the 2nd quarter. Vanguard Group Inc. now owns 92,379 shares of the energy company’s stock worth $3,167,000 after acquiring an additional 1,087 shares during the last quarter. Geode Capital Management LLC increased its stake in Adams Resources & Energy by 7.5% in the 4th quarter. Geode Capital Management LLC now owns 24,934 shares of the energy company’s stock worth $965,000 after acquiring an additional 1,745 shares during the last quarter. Ancora Advisors LLC increased its stake in Adams Resources & Energy by 7.3% in the 2nd quarter. Ancora Advisors LLC now owns 32,287 shares of the energy company’s stock worth $1,107,000 after acquiring an additional 2,196 shares during the last quarter. Finally, Bank of New York Mellon Corp increased its stake in Adams Resources & Energy by 11.1% in the 4th quarter. Bank of New York Mellon Corp now owns 25,028 shares of the energy company’s stock worth $969,000 after acquiring an additional 2,502 shares during the last quarter.

Adams Resources & Energy Company Profile

Adams Resources & Energy, Inc, through its subsidiaries, primarily engages in the marketing, transportation, and storage of crude oil in the United States. The company operates in two segments, Crude Oil Marketing, Transportation and Storage; and Tank Truck Transportation of Liquid Chemicals and Dry Bulk.

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