Charles Schwab Investment Management Inc. Has $20.62 Million Position in Uranium Energy Corp. (NYSEAMERICAN:UEC)

Charles Schwab Investment Management Inc. grew its position in shares of Uranium Energy Corp. (NYSEAMERICAN:UEC - Free Report) by 2.8% in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 3,320,496 shares of the basic materials company's stock after buying an additional 90,098 shares during the quarter. Charles Schwab Investment Management Inc. owned approximately 0.81% of Uranium Energy worth $20,620,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors have also made changes to their positions in the company. Intech Investment Management LLC bought a new stake in Uranium Energy in the third quarter worth $600,000. BNP PARIBAS ASSET MANAGEMENT Holding S.A. bought a new stake in shares of Uranium Energy during the 3rd quarter worth about $12,643,000. Lifeworks Advisors LLC acquired a new position in shares of Uranium Energy during the 3rd quarter valued at about $85,000. Victory Capital Management Inc. raised its stake 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 valued at $22,071,000 after acquiring an additional 42,904 shares in the last quarter. Finally, State of New Jersey Common Pension Fund D lifted its holdings in Uranium Energy by 46.5% in the 3rd quarter. State of New Jersey Common Pension Fund D now owns 374,260 shares of the basic materials company's stock worth $2,324,000 after purchasing an additional 118,786 shares during the last quarter. Institutional investors own 62.28% of the company's stock.

Uranium Energy Trading Down 0.5 %

Shares of Uranium Energy stock traded down $0.04 during mid-day trading on Friday, reaching $8.53. 6,837,752 shares of the stock were exchanged, compared to its average volume of 8,291,673. The company has a market capitalization of $3.51 billion, a P/E ratio of -71.08 and a beta of 1.84. Uranium Energy Corp. has a fifty-two week low of $4.06 and a fifty-two week high of $8.93. The company has a 50-day simple moving average of $6.54.

Uranium Energy (NYSEAMERICAN:UEC - Get Free Report) last released its quarterly earnings results on Thursday, September 26th. The basic materials company reported ($0.03) earnings per share for the quarter. On average, equities research analysts expect that Uranium Energy Corp. will post 0.09 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

UEC has been the subject of a number of recent analyst reports. HC Wainwright restated a "buy" rating and set a $10.25 price target on shares of Uranium Energy in a report on Tuesday, September 24th. Roth Mkm reaffirmed a "buy" rating and issued a $10.25 target price (up previously from $9.75) on shares of Uranium Energy in a report on Wednesday, October 23rd.

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.