28,000 Shares in Uranium Energy Corp. (NYSEAMERICAN:UEC) Bought by B. Riley Wealth Advisors Inc.

B. Riley Wealth Advisors Inc. purchased a new stake in shares of Uranium Energy Corp. (NYSEAMERICAN:UEC) in the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor purchased 28,000 shares of the basic materials company’s stock, valued at approximately $174,000.

Other large investors have also added to or reduced their stakes in the company. Driehaus Capital Management LLC increased its stake in shares of Uranium Energy by 1.0% during the second quarter. Driehaus Capital Management LLC now owns 9,147,972 shares of the basic materials company’s stock valued at $54,979,000 after buying an additional 90,522 shares during the period. Geode Capital Management LLC boosted its holdings in Uranium Energy by 1.8% in the third quarter. Geode Capital Management LLC now owns 9,083,449 shares of the basic materials company’s stock valued at $56,419,000 after acquiring an additional 159,921 shares in the last quarter. Dimensional Fund Advisors LP increased its position in Uranium Energy by 18.9% during the 2nd quarter. Dimensional Fund Advisors LP now owns 5,954,561 shares of the basic materials company’s stock valued at $35,786,000 after purchasing an additional 947,773 shares during the period. Van ECK Associates Corp raised its holdings in Uranium Energy by 78.0% in the 3rd quarter. Van ECK Associates Corp now owns 4,956,971 shares of the basic materials company’s stock worth $30,783,000 after purchasing an additional 2,171,468 shares in the last quarter. Finally, Segra Capital Management LLC lifted its position in shares of Uranium Energy by 81.0% in the 3rd quarter. Segra Capital Management LLC now owns 4,036,529 shares of the basic materials company’s stock worth $24,926,000 after purchasing an additional 1,806,529 shares during the period. Institutional investors own 62.28% of the company’s stock.

Wall Street Analyst Weigh In

Several equities analysts recently issued reports on UEC shares. HC Wainwright boosted their price target on shares of Uranium Energy from $10.25 to $11.00 and gave the company a “buy” rating in a research report on Monday, December 9th. Roth Mkm reiterated a “buy” rating and set a $10.25 target price (up previously from $9.75) on shares of Uranium Energy in a report on Wednesday, October 23rd.

Uranium Energy Trading Down 5.1 %

Shares of UEC stock opened at $7.08 on Monday. The firm’s fifty day simple moving average is $6.59. The company has a market cap of $3.00 billion, a PE ratio of -59.00 and a beta of 1.84. Uranium Energy Corp. has a 12 month low of $4.06 and a 12 month high of $8.93.

Uranium Energy (NYSEAMERICAN:UEC) last announced its quarterly earnings data on Thursday, September 26th. The basic materials company reported ($0.03) earnings per share for the quarter. Equities research analysts expect that Uranium Energy Corp. will post 0.02 earnings per share for the current year.

About Uranium Energy

Uranium Energy Corp., together with its subsidiaries, engages in exploration, pre-extraction, extraction, and processing uranium and titanium concentrates in the United States, Canada, and Paraguay. It owns interests in the Palangana mine, Goliad, Burke Hollow, Longhorn, and Salvo projects located in Texas; Anderson, Workman Creek, and Los Cuatros projects situated in Arizona; Dalton Pass and C de Baca project located in New Mexico; Roughrider, Shea Creek, Christie Lake, Horseshoe-Raven, Hidden Bay, Diabase, West Bear, JCU, and other project located in Canada; and Yuty, Oviedo, and Alto Paraná titanium projects in Paraguay.