Adams Express Co 2017 Q4 Institutional Investor Sentiment Better Than Expected

April 19, 2018 - By Richard Conner

Adams Diversified Equity Fund, Inc. (NYSE:ADX) Logo

Sentiment for Adams Express Co (NYSE:ADX)

Adams Express Co (NYSE:ADX) institutional sentiment increased to 1.33 in Q4 2017. Its up 0.33, from 1 in 2017Q3. The ratio is positive, as 40 active investment managers started new and increased equity positions, while 30 cut down and sold holdings in Adams Express Co. The active investment managers in our partner’s database now own: 19.03 million shares, down from 20.48 million shares in 2017Q3. Also, the number of active investment managers holding Adams Express Co in their top 10 equity positions decreased from 4 to 3 for a decrease of 1. Sold All: 9 Reduced: 21 Increased: 32 New Position: 8.

Adams Diversified Equity Fund, Inc. is a self-managed investment trust. The company has market cap of $1.53 billion. The firm invests in the public equity markets of the United States. It has a 4.1 P/E ratio. It invests in stocks of large-cap companies across diversified sectors to make its investments.

The stock decreased 0.59% or $0.09 during the last trading session, reaching $15.05. About 121,187 shares traded. Adams Diversified Equity Fund, Inc. (NYSE:ADX) has risen 16.41% since April 19, 2017 and is uptrending. It has outperformed by 4.86% the S&P500.

Blue Bell Private Wealth Management Llc holds 8.33% of its portfolio in Adams Diversified Equity Fund, Inc. for 1.23 million shares. Thomas J. Herzfeld Advisors Inc. owns 503,370 shares or 2.82% of their US portfolio. Moreover, Karpus Management Inc. has 1.78% invested in the company for 2.57 million shares. The Alabama-based Cornerstone Advisors Inc has invested 1.68% in the stock. Zuckerman Investment Group Llc, a Illinois-based fund reported 399,522 shares.#img1#

Since January 1, 0001, it had 1 insider buy, and 0 insider sales for $15,900 activity.

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