Bridgewater Associates LP Lowers Holdings in Energy Fuels Inc. (NYSEAMERICAN:UUUU)

Bridgewater Associates LP reduced its stake in shares of Energy Fuels Inc. (NYSEAMERICAN:UUUU - Free Report) by 43.9% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 928,544 shares of the company's stock after selling 727,972 shares during the quarter. Bridgewater Associates LP owned approximately 0.47% of Energy Fuels worth $4,763,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. HighTower Advisors LLC raised its stake in shares of Energy Fuels by 1.6% in the fourth quarter. HighTower Advisors LLC now owns 128,011 shares of the company's stock worth $657,000 after purchasing an additional 2,010 shares during the last quarter. Swiss National Bank raised its stake in shares of Energy Fuels by 0.6% in the fourth quarter. Swiss National Bank now owns 364,800 shares of the company's stock worth $1,875,000 after purchasing an additional 2,200 shares during the last quarter. Steward Partners Investment Advisory LLC raised its stake in shares of Energy Fuels by 65.7% in the fourth quarter. Steward Partners Investment Advisory LLC now owns 6,159 shares of the company's stock worth $32,000 after purchasing an additional 2,442 shares during the last quarter. TAP Consulting LLC raised its stake in shares of Energy Fuels by 25.0% in the fourth quarter. TAP Consulting LLC now owns 12,500 shares of the company's stock worth $64,000 after purchasing an additional 2,500 shares during the last quarter. Finally, Ausdal Financial Partners Inc. raised its stake in shares of Energy Fuels by 17.9% in the fourth quarter. Ausdal Financial Partners Inc. now owns 16,443 shares of the company's stock worth $84,000 after purchasing an additional 2,501 shares during the last quarter. 48.24% of the stock is currently owned by hedge funds and other institutional investors.

Energy Fuels Stock Performance

NYSEAMERICAN UUUU traded up $0.07 during mid-day trading on Wednesday, reaching $4.42. 3,335,098 shares of the stock were exchanged, compared to its average volume of 8,040,332. The business's 50 day moving average is $4.39 and its 200-day moving average is $5.41. Energy Fuels Inc. has a 1 year low of $3.20 and a 1 year high of $7.47. The company has a market capitalization of $878.21 million, a P/E ratio of -20.09 and a beta of 1.68.

Analysts Set New Price Targets

Several research analysts have recently issued reports on the company. Roth Mkm upgraded Energy Fuels from a "neutral" rating to a "buy" rating and set a $5.75 price objective for the company in a research note on Friday, February 28th. HC Wainwright cut their target price on shares of Energy Fuels from $11.00 to $10.75 and set a "buy" rating for the company in a report on Friday, February 28th. Finally, Roth Capital set a $5.75 price target on shares of Energy Fuels in a report on Friday, February 28th.

Insider Buying and Selling

In other Energy Fuels news, Director Barbara Appelin Filas sold 10,000 shares of the company's stock in a transaction on Thursday, March 13th. The shares were sold at an average price of $4.15, for a total transaction of $41,500.00. Following the completion of the transaction, the director now directly owns 160,159 shares in the company, valued at approximately $664,659.85. This represents a 5.88 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, Director Bruce D. Hansen bought 6,000 shares of Energy Fuels stock in a transaction dated Wednesday, March 19th. The stock was acquired at an average price of $4.25 per share, with a total value of $25,500.00. Following the completion of the transaction, the director now directly owns 295,239 shares of the company's stock, valued at approximately $1,254,765.75. The trade was a 2.07 % increase in their ownership of the stock. The disclosure for this purchase can be found here. 1.92% of the stock is currently owned by insiders.

Energy Fuels Company Profile

Energy Fuels Inc, together with its subsidiaries, engages in the extraction, recovery, recycling, exploration, permitting, evaluation, and sale of uranium mineral properties in the United States. The company produces and sells vanadium pentoxide, rare earth elements, and heavy mineral sands, such as ilmenite, rutile, zircon, and monazite.