20,014 Shares in Uranium Energy Corp. (NYSEAMERICAN:UEC) Purchased by SBI Securities Co. Ltd.

SBI Securities Co. Ltd. acquired a new position in Uranium Energy Corp. (NYSEAMERICAN:UEC) during the 4th quarter, according to its most recent filing with the SEC. The fund acquired 20,014 shares of the basic materials company’s stock, valued at approximately $134,000.

Several other institutional investors and hedge funds have also made changes to their positions in the business. US Bancorp DE lifted its holdings in Uranium Energy by 7.7% in the 4th quarter. US Bancorp DE now owns 22,300 shares of the basic materials company’s stock valued at $149,000 after purchasing an additional 1,600 shares in the last quarter. Lake Street Advisors Group LLC lifted its holdings in Uranium Energy by 99.7% in the 4th quarter. Lake Street Advisors Group LLC now owns 326,707 shares of the basic materials company’s stock valued at $2,186,000 after purchasing an additional 163,097 shares in the last quarter. Navellier & Associates Inc. lifted its holdings in Uranium Energy by 26.7% in the 4th quarter. Navellier & Associates Inc. now owns 82,708 shares of the basic materials company’s stock valued at $553,000 after purchasing an additional 17,439 shares in the last quarter. Handelsbanken Fonder AB lifted its holdings in Uranium Energy by 4.9% in the 4th quarter. Handelsbanken Fonder AB now owns 127,100 shares of the basic materials company’s stock valued at $850,000 after purchasing an additional 5,900 shares in the last quarter. Finally, Alberta Investment Management Corp lifted its holdings in Uranium Energy by 175.9% in the 4th quarter. Alberta Investment Management Corp now owns 244,682 shares of the basic materials company’s stock valued at $1,637,000 after purchasing an additional 156,007 shares in the last quarter. 62.28% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

A number of research analysts have issued reports on the stock. HC Wainwright upped their target price on shares of Uranium Energy from $10.25 to $11.00 and gave the company a “buy” rating in a report on Monday, December 9th. National Bankshares set a $10.00 target price on shares of Uranium Energy and gave the company an “outperform” rating in a report on Wednesday, February 12th. Finally, National Bank Financial initiated coverage on shares of Uranium Energy in a report on Wednesday, February 12th. They issued an “outperform” rating and a $10.00 target price on the stock.

Uranium Energy Stock Performance

UEC opened at $4.99 on Friday. The business’s 50 day simple moving average is $6.86. The firm has a market cap of $2.11 billion, a P/E ratio of -41.58 and a beta of 1.88. Uranium Energy Corp. has a 1 year low of $4.06 and a 1 year high of $8.93.

Uranium Energy Company Profile

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.