Vanguard Group Inc. increased its holdings in shares of Uranium Energy Corp. (NYSEAMERICAN:UEC - Free Report) by 2.5% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 25,862,079 shares of the basic materials company's stock after purchasing an additional 631,929 shares during the quarter. Vanguard Group Inc. owned 6.11% of Uranium Energy worth $173,017,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
Several other institutional investors also recently modified their holdings of the business. Stonehage Fleming Financial Services Holdings Ltd grew its position in Uranium Energy by 21.1% in the 4th quarter. Stonehage Fleming Financial Services Holdings Ltd now owns 7,870 shares of the basic materials company's stock worth $53,000 after purchasing an additional 1,370 shares during the period. Integrated Wealth Concepts LLC boosted its stake in shares of Uranium Energy by 4.4% in the 3rd quarter. Integrated Wealth Concepts LLC now owns 36,773 shares of the basic materials company's stock worth $228,000 after buying an additional 1,560 shares during the last quarter. US Bancorp DE grew its holdings in shares of Uranium Energy by 7.7% in the fourth quarter. US Bancorp DE now owns 22,300 shares of the basic materials company's stock worth $149,000 after acquiring an additional 1,600 shares during the period. Arizona State Retirement System increased its position in Uranium Energy by 1.4% during the fourth quarter. Arizona State Retirement System now owns 119,397 shares of the basic materials company's stock valued at $799,000 after acquiring an additional 1,692 shares during the last quarter. Finally, Sei Investments Co. lifted its holdings in Uranium Energy by 9.7% in the fourth quarter. Sei Investments Co. now owns 19,381 shares of the basic materials company's stock valued at $130,000 after acquiring an additional 1,710 shares during the period. 62.28% of the stock is owned by hedge funds and other institutional investors.
Wall Street Analyst Weigh In
UEC has been the subject of several research reports. National Bankshares set a $10.00 price target on shares of Uranium Energy and gave the company an "outperform" rating in a research report on Wednesday, February 12th. HC Wainwright reaffirmed a "buy" rating and set a $12.25 target price on shares of Uranium Energy in a report on Thursday, March 13th. Stifel Nicolaus set a $10.50 price target on shares of Uranium Energy in a research report on Wednesday, March 12th. National Bank Financial initiated coverage on shares of Uranium Energy in a research report on Wednesday, February 12th. They set an "outperform" rating and a $10.00 price objective for the company. Finally, Stifel Canada upgraded Uranium Energy to a "strong-buy" rating in a research note on Tuesday, March 11th. Four analysts have rated the stock with a buy rating and two have assigned a strong buy rating to the stock. According to MarketBeat.com, the company has an average rating of "Buy" and an average price target of $10.60.
Check Out Our Latest Analysis on Uranium Energy
Uranium Energy Stock Up 6.8 %
NYSEAMERICAN:UEC traded up $0.30 during trading hours on Friday, hitting $4.68. 8,158,378 shares of the stock traded hands, compared to its average volume of 7,659,710. The company has a market cap of $1.98 billion, a price-to-earnings ratio of -39.00 and a beta of 1.88. Uranium Energy Corp. has a 1 year low of $3.85 and a 1 year high of $8.93. The stock has a 50 day moving average price of $5.58 and a 200 day moving average price of $6.61.
About Uranium Energy
(
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.
Recommended Stories
Before you consider Uranium Energy, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Uranium Energy wasn't on the list.
While Uranium Energy currently has a Buy rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Thinking about investing in Meta, Roblox, or Unity? Enter your email to learn what streetwise investors need to know about the metaverse and public markets before making an investment.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
