10,051 Shares in Uranium Energy Corp. (NYSEAMERICAN:UEC) Purchased by Altshuler Shaham Ltd

Altshuler Shaham Ltd purchased a new stake in Uranium Energy Corp. (NYSEAMERICAN:UEC) during the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor purchased 10,051 shares of the basic materials company’s stock, valued at approximately $67,000.

Several other hedge funds have also recently bought and sold shares of the stock. Harbour Investments Inc. grew its stake in shares of Uranium Energy by 947.4% in the fourth quarter. Harbour Investments Inc. now owns 3,886 shares of the basic materials company’s stock valued at $26,000 after acquiring an additional 3,515 shares in the last quarter. GAMMA Investing LLC boosted its holdings in Uranium Energy by 180.1% in the 4th quarter. GAMMA Investing LLC now owns 4,338 shares of the basic materials company’s stock valued at $29,000 after purchasing an additional 2,789 shares during the period. Generali Investments Management Co LLC acquired a new position in shares of Uranium Energy during the 4th quarter worth approximately $30,000. Stonehage Fleming Financial Services Holdings Ltd increased its holdings in shares of Uranium Energy by 21.1% during the fourth quarter. Stonehage Fleming Financial Services Holdings Ltd now owns 7,870 shares of the basic materials company’s stock worth $53,000 after purchasing an additional 1,370 shares during the period. Finally, Total Wealth Planning LLC bought a new position in shares of Uranium Energy during the fourth quarter worth approximately $67,000. 62.28% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

A number of equities research analysts recently issued reports on the company. National Bankshares set a $10.00 price target on Uranium Energy and gave the stock an “outperform” rating in a research report on Wednesday, February 12th. National Bank Financial assumed coverage on Uranium Energy in a report on Wednesday, February 12th. They set an “outperform” rating and a $10.00 target price on the stock. Stifel Canada raised Uranium Energy to a “strong-buy” rating in a research note on Tuesday, March 11th. HC Wainwright reiterated a “buy” rating and set a $12.25 price objective on shares of Uranium Energy in a research note on Thursday, March 13th. Finally, Stifel Nicolaus set a $10.50 target price on shares of Uranium Energy in a report on Wednesday, March 12th. Four research analysts have rated the stock with a buy rating and two have assigned a strong buy rating to the stock. Based on data from MarketBeat.com, the company presently has an average rating of “Buy” and an average price target of $10.60.

Uranium Energy Stock Up 4.8 %

Shares of UEC stock opened at $5.05 on Friday. Uranium Energy Corp. has a twelve month low of $3.85 and a twelve month high of $8.93. The business has a fifty day simple moving average of $5.40 and a 200 day simple moving average of $6.57. The company has a market cap of $2.14 billion, a P/E ratio of -42.08 and a beta of 1.88.

Uranium Energy Profile

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.