Segra Capital Management LLC Boosts Stock Holdings in Uranium Energy Corp. (NYSEAMERICAN:UEC)

Segra Capital Management LLC grew its holdings in Uranium Energy Corp. (NYSEAMERICAN:UEC - Free Report) by 81.0% during the 3rd quarter, according to the company in its most recent disclosure with the SEC. The fund owned 4,036,529 shares of the basic materials company's stock after purchasing an additional 1,806,529 shares during the quarter. Uranium Energy comprises 9.7% of Segra Capital Management LLC's portfolio, making the stock its 5th biggest holding. Segra Capital Management LLC owned approximately 0.98% of Uranium Energy worth $24,926,000 at the end of the most recent quarter.

Several other institutional investors also recently added to or reduced their stakes in UEC. Van ECK Associates Corp lifted its holdings in Uranium Energy by 78.0% during the third quarter. Van ECK Associates Corp now owns 4,956,971 shares of the basic materials company's stock worth $30,783,000 after acquiring an additional 2,171,468 shares in the last quarter. BNP PARIBAS ASSET MANAGEMENT Holding S.A. bought a new position in shares of Uranium Energy during the third quarter worth about $12,643,000. The Manufacturers Life Insurance Company grew its position in shares of Uranium Energy by 712.5% during the 3rd quarter. The Manufacturers Life Insurance Company now owns 1,821,256 shares of the basic materials company's stock worth $11,310,000 after buying an additional 1,597,108 shares during the period. American Century Companies Inc. grew its holdings in shares of Uranium Energy by 961.2% during the second quarter. American Century Companies Inc. now owns 1,400,076 shares of the basic materials company's stock valued at $8,414,000 after buying an additional 1,268,141 shares during the last quarter. Finally, Dimensional Fund Advisors LP raised its holdings in shares of Uranium Energy by 18.9% in the second quarter. Dimensional Fund Advisors LP now owns 5,954,561 shares of the basic materials company's stock valued at $35,786,000 after purchasing an additional 947,773 shares during the last quarter. 62.28% of the stock is owned by institutional investors.

Analysts Set New Price Targets

Several brokerages have recently weighed in on UEC. Roth Mkm reiterated a "buy" rating and issued a $10.25 price target (up from $9.75) on shares of Uranium Energy in a research report on Wednesday, October 23rd. HC Wainwright increased their target price on Uranium Energy from $10.25 to $11.00 and gave the stock a "buy" rating in a research note on Monday.

Uranium Energy Stock Up 1.6 %

UEC traded up $0.13 during trading on Tuesday, hitting $8.14. The stock had a trading volume of 4,283,772 shares, compared to its average volume of 7,628,599. The business's 50 day simple moving average is $6.54. The stock has a market cap of $3.44 billion, a P/E ratio of -67.42 and a beta of 1.84. Uranium Energy Corp. has a twelve month low of $4.06 and a twelve month high of $8.93.

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

About Uranium Energy

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.