Headlands Technologies LLC Raises Stake in Uranium Energy Corp. (NYSEAMERICAN:UEC)

Headlands Technologies LLC boosted its holdings in shares of Uranium Energy Corp. (NYSEAMERICAN:UEC) by 177.7% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 110,130 shares of the basic materials company’s stock after buying an additional 70,466 shares during the quarter. Headlands Technologies LLC’s holdings in Uranium Energy were worth $737,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also bought and sold shares of the business. Charles Schwab Investment Management Inc. boosted its stake in shares of Uranium Energy by 2.8% in the third quarter. Charles Schwab Investment Management Inc. now owns 3,320,496 shares of the basic materials company’s stock worth $20,620,000 after buying an additional 90,098 shares during the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC lifted its holdings in Uranium Energy by 4.1% in the third quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 655,946 shares of the basic materials company’s stock valued at $4,073,000 after acquiring an additional 26,102 shares during the period. Captrust Financial Advisors purchased a new stake in Uranium Energy in the 3rd quarter worth approximately $170,000. Holocene Advisors LP acquired a new stake in shares of Uranium Energy during the 3rd quarter worth approximately $2,376,000. Finally, Integrated Wealth Concepts LLC increased its holdings in shares of Uranium Energy by 4.4% during the 3rd quarter. Integrated Wealth Concepts LLC now owns 36,773 shares of the basic materials company’s stock valued at $228,000 after purchasing an additional 1,560 shares in the last quarter. 62.28% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Several analysts recently commented on the stock. HC Wainwright restated a “buy” rating and set a $12.25 price target on shares of Uranium Energy in a research report on Thursday, March 13th. Stifel Nicolaus set a $10.50 target price on Uranium Energy in a research report on Wednesday, March 12th. National Bankshares set a $10.00 price target on Uranium Energy and gave the stock an “outperform” rating in a report on Wednesday, February 12th. Stifel Canada raised Uranium Energy to a “strong-buy” rating in a report on Tuesday, March 11th. Finally, National Bank Financial started coverage on Uranium Energy in a research note on Wednesday, February 12th. They set an “outperform” rating and a $10.00 target price for the company. Four analysts have rated the stock with a buy rating and two have issued a strong buy rating to the stock. Based on data from MarketBeat.com, the company has a consensus rating of “Buy” and an average target price of $10.60.

Uranium Energy Trading Up 1.1 %

NYSEAMERICAN:UEC opened at $4.71 on Thursday. The stock has a 50 day moving average of $6.14 and a two-hundred day moving average of $6.74. Uranium Energy Corp. has a 12 month low of $4.06 and a 12 month high of $8.93. The firm has a market cap of $1.99 billion, a P/E ratio of -39.25 and a beta of 1.88.

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.