176,878 Shares in Uranium Energy Corp. (NYSEAMERICAN:UEC) Purchased by Virtu Financial LLC

Virtu Financial LLC bought a new position in Uranium Energy Corp. (NYSEAMERICAN:UEC - Free Report) in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor bought 176,878 shares of the basic materials company's stock, valued at approximately $1,183,000.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Harbour Investments Inc. raised its position in shares of Uranium Energy by 947.4% in the 4th quarter. Harbour Investments Inc. now owns 3,886 shares of the basic materials company's stock worth $26,000 after purchasing an additional 3,515 shares during the last quarter. GAMMA Investing LLC increased its stake in Uranium Energy by 180.1% during the 4th quarter. GAMMA Investing LLC now owns 4,338 shares of the basic materials company's stock valued at $29,000 after purchasing an additional 2,789 shares in the last quarter. Generali Investments Management Co LLC purchased a new position in Uranium Energy in the fourth quarter worth about $30,000. BNP Paribas bought a new position in shares of Uranium Energy in the third quarter worth approximately $38,000. Finally, National Bank of Canada FI grew its holdings in shares of Uranium Energy by 29.7% during the third quarter. National Bank of Canada FI now owns 7,485 shares of the basic materials company's stock valued at $46,000 after buying an additional 1,713 shares during the last quarter. Hedge funds and other institutional investors own 62.28% of the company's stock.

Wall Street Analyst Weigh In

A number of equities analysts recently weighed in on UEC shares. Stifel Nicolaus set a $10.50 price objective on shares of Uranium Energy in a report on Wednesday, March 12th. Stifel Canada upgraded Uranium Energy to a "strong-buy" rating in a research note on Tuesday, March 11th. National Bankshares set a $10.00 price objective on Uranium Energy and gave the company an "outperform" rating in a research report on Wednesday, February 12th. HC Wainwright reiterated a "buy" rating and issued a $12.25 price objective on shares of Uranium Energy in a report on Thursday, March 13th. Finally, National Bank Financial initiated coverage on shares of Uranium Energy in a research note 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 given a strong buy rating to the company. According to data from MarketBeat.com, the stock presently has an average rating of "Buy" and an average target price of $10.60.

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Uranium Energy Price Performance

Uranium Energy stock traded down $0.17 during mid-day trading on Thursday, reaching $5.11. 5,234,112 shares of the stock traded hands, compared to its average volume of 7,434,944. The stock has a market capitalization of $2.16 billion, a PE ratio of -42.58 and a beta of 1.88. The business's 50-day moving average is $6.36 and its 200-day moving average is $6.81. Uranium Energy Corp. has a 12-month low of $4.06 and a 12-month high of $8.93.

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.