BNP PARIBAS ASSET MANAGEMENT Holding S.A. purchased a new position in shares of Uranium Energy Corp. (NYSEAMERICAN:UEC - Free Report) during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund purchased 2,035,849 shares of the basic materials company's stock, valued at approximately $12,643,000. BNP PARIBAS ASSET MANAGEMENT Holding S.A. owned approximately 0.49% of Uranium Energy at the end of the most recent quarter.
A number of other hedge funds and other institutional investors also recently made changes to their positions in the stock. Vanguard Group Inc. raised its position in shares of Uranium Energy by 2.4% during the 1st quarter. Vanguard Group Inc. now owns 22,761,516 shares of the basic materials company's stock worth $153,640,000 after buying an additional 538,703 shares in the last quarter. Driehaus Capital Management LLC raised its holdings in shares of Uranium Energy by 1.0% in the 2nd quarter. Driehaus Capital Management LLC now owns 9,147,972 shares of the basic materials company's stock worth $54,979,000 after purchasing an additional 90,522 shares in the last quarter. Dimensional Fund Advisors LP raised its holdings in shares of Uranium Energy by 18.9% in the 2nd quarter. Dimensional Fund Advisors LP now owns 5,954,561 shares of the basic materials company's stock worth $35,786,000 after purchasing an additional 947,773 shares in the last quarter. Van ECK Associates Corp raised its holdings in shares of 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, Victory Capital Management Inc. raised its holdings in shares of Uranium Energy by 1.2% in the 3rd quarter. Victory Capital Management Inc. now owns 3,554,149 shares of the basic materials company's stock worth $22,071,000 after purchasing an additional 42,904 shares in the last quarter. 62.28% of the stock is currently owned by institutional investors.
Uranium Energy Price Performance
Shares of UEC stock traded up $0.06 during trading hours on Friday, reaching $8.46. 12,071,419 shares of the stock traded hands, compared to its average volume of 8,612,010. Uranium Energy Corp. has a 1-year low of $4.06 and a 1-year high of $8.67. The firm has a fifty day moving average of $6.44. The firm has a market capitalization of $3.48 billion, a price-to-earnings ratio of -140.98 and a beta of 1.82.
Uranium Energy (NYSEAMERICAN:UEC - Get Free Report) last announced its quarterly earnings data on Thursday, September 26th. The basic materials company reported ($0.03) EPS for the quarter. As a group, analysts forecast that Uranium Energy Corp. will post 0.09 earnings per share for the current year.
Analyst Upgrades and Downgrades
UEC has been the topic of a number of research reports. Roth Mkm reiterated a "buy" rating and issued a $10.25 target price (up from $9.75) on shares of Uranium Energy in a report on Wednesday, October 23rd. HC Wainwright reiterated a "buy" rating and issued a $10.25 target price on shares of Uranium Energy in a report on Tuesday, September 24th.
View Our Latest Analysis on UEC
Insiders Place Their Bets
In other Uranium Energy news, CEO Amir Adnani bought 60,000 shares of the firm's stock in a transaction on Friday, September 6th. The stock was bought at an average cost of $4.10 per share, with a total value of $246,000.00. Following the completion of the transaction, the chief executive officer now directly owns 4,242,326 shares of the company's stock, valued at approximately $17,393,536.60. The trade was a 1.43 % increase in their position. The purchase was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, EVP Scott Melbye bought 9,500 shares of the firm's stock in a transaction on Friday, September 6th. The stock was acquired at an average cost of $4.18 per share, with a total value of $39,710.00. Following the completion of the transaction, the executive vice president now directly owns 988,031 shares of the company's stock, valued at approximately $4,129,969.58. This represents a 0.97 % increase in their ownership of the stock. The disclosure for this purchase can be found here. Insiders own 2.40% of the company's stock.
Uranium Energy Profile
(
Free Report)
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.
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