Uranium Energy Corp. (NYSEAMERICAN:UEC) Shares Purchased by Charles Schwab Investment Management Inc.

Charles Schwab Investment Management Inc. grew its position in Uranium Energy Corp. (NYSEAMERICAN:UEC - Free Report) by 2.7% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 3,409,129 shares of the basic materials company's stock after acquiring an additional 88,633 shares during the quarter. Charles Schwab Investment Management Inc. owned about 0.81% of Uranium Energy worth $22,807,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also made changes to their positions in the company. Geode Capital Management LLC raised its stake in shares of 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 during the period. Van ECK Associates Corp increased its stake in Uranium Energy by 33.2% in the 4th quarter. Van ECK Associates Corp now owns 6,602,890 shares of the basic materials company's stock worth $44,174,000 after buying an additional 1,645,919 shares during the period. Segra Capital Management LLC increased its stake in 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 buying an additional 1,806,529 shares during the period. Victory Capital Management Inc. increased its stake in 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 buying an additional 42,904 shares during the period. Finally, BNP PARIBAS ASSET MANAGEMENT Holding S.A. purchased a new position in Uranium Energy in the 3rd quarter worth about $12,643,000. Hedge funds and other institutional investors own 62.28% of the company's stock.

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Analyst Ratings Changes

UEC has been the topic of several recent analyst reports. HC Wainwright reaffirmed a "buy" rating and issued a $12.25 price target on shares of Uranium Energy in a research note on Thursday, March 13th. Stifel Canada raised shares of Uranium Energy to a "strong-buy" rating in a research note on Tuesday, March 11th. Stifel Nicolaus set a $10.50 price target on shares of Uranium Energy in a research note on Wednesday, March 12th. National Bankshares set a $10.00 target price on shares of Uranium Energy and gave the company an "outperform" rating in a research report on Wednesday, February 12th. Finally, National Bank Financial assumed coverage on shares of Uranium Energy in a research report on Wednesday, February 12th. They set an "outperform" rating and a $10.00 target price on the stock. Four investment analysts have rated the stock with a buy rating and two have assigned a strong buy rating to the company. According to data from MarketBeat.com, the stock currently has a consensus rating of "Buy" and an average target price of $10.60.

Uranium Energy Stock Performance

UEC stock traded down $0.09 during trading on Friday, reaching $5.53. The company had a trading volume of 20,656,843 shares, compared to its average volume of 7,430,596. The firm has a 50-day simple moving average of $6.49 and a 200-day simple moving average of $6.84. The company has a market cap of $2.34 billion, a price-to-earnings ratio of -46.08 and a beta of 1.88. Uranium Energy Corp. has a twelve month low of $4.06 and a twelve month high of $8.93.

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.