SLT Holdings LLC Acquires Shares of 10,500 Uranium Energy Corp. (NYSEAMERICAN:UEC)

SLT Holdings LLC acquired a new stake in shares of Uranium Energy Corp. (NYSEAMERICAN:UEC) during the fourth quarter, according to its most recent Form 13F filing with the SEC. The fund acquired 10,500 shares of the basic materials company’s stock, valued at approximately $70,000.

Other hedge funds have also added to or reduced their stakes in the company. GAMMA Investing LLC boosted its holdings in shares of Uranium Energy by 180.1% during the 4th quarter. GAMMA Investing LLC now owns 4,338 shares of the basic materials company’s stock valued at $29,000 after buying an additional 2,789 shares in the last quarter. Farther Finance Advisors LLC boosted its holdings in shares of Uranium Energy by 5,130.4% during the 3rd quarter. Farther Finance Advisors LLC now owns 4,812 shares of the basic materials company’s stock valued at $30,000 after buying an additional 4,720 shares in the last quarter. BNP Paribas bought a new stake in shares of Uranium Energy during the 3rd quarter valued at $38,000. National Bank of Canada FI boosted its holdings in shares of Uranium Energy by 29.7% during the 3rd quarter. National Bank of Canada FI now owns 7,485 shares of the basic materials company’s stock valued at $46,000 after buying an additional 1,713 shares in the last quarter. Finally, Stonehage Fleming Financial Services Holdings Ltd boosted its holdings in shares of Uranium Energy by 21.1% during the 4th quarter. Stonehage Fleming Financial Services Holdings Ltd now owns 7,870 shares of the basic materials company’s stock valued at $53,000 after buying an additional 1,370 shares in the last quarter. 62.28% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

A number of brokerages recently issued reports on UEC. HC Wainwright upped their price target on shares of Uranium Energy from $10.25 to $11.00 and gave the stock a “buy” rating in a research note on Monday, December 9th. National Bankshares set a $10.00 price target on shares of Uranium Energy and gave the stock an “outperform” rating in a research note on Wednesday, February 12th. Finally, National Bank Financial began coverage on shares of Uranium Energy in a research note on Wednesday, February 12th. They issued an “outperform” rating and a $10.00 price target on the stock.

Uranium Energy Stock Down 1.8 %

NYSEAMERICAN UEC opened at $4.99 on Friday. Uranium Energy Corp. has a 52 week low of $4.06 and a 52 week high of $8.93. The stock has a market cap of $2.11 billion, a price-to-earnings ratio of -41.58 and a beta of 1.88. The company’s 50-day simple moving average is $6.86.

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.