Disciplined Investors L.L.C. Takes $491,000 Position in Uranium Energy Corp. $UEC

Disciplined Investors L.L.C. acquired a new stake in Uranium Energy Corp. (NYSEAMERICAN:UECFree Report) in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm acquired 42,000 shares of the basic materials company’s stock, valued at approximately $491,000.

Several other institutional investors have also modified their holdings of the stock. CIBC Asset Management Inc lifted its stake in shares of Uranium Energy by 62.4% in the 4th quarter. CIBC Asset Management Inc now owns 19,882 shares of the basic materials company’s stock valued at $232,000 after purchasing an additional 7,640 shares during the last quarter. Goldman Sachs Group Inc. lifted its stake in shares of Uranium Energy by 3.3% in the 4th quarter. Goldman Sachs Group Inc. now owns 3,309,648 shares of the basic materials company’s stock valued at $38,657,000 after purchasing an additional 106,881 shares during the last quarter. Greenwich Wealth Management LLC lifted its stake in shares of Uranium Energy by 2.4% in the 4th quarter. Greenwich Wealth Management LLC now owns 107,226 shares of the basic materials company’s stock valued at $1,252,000 after purchasing an additional 2,496 shares during the last quarter. AXQ Capital LP bought a new stake in shares of Uranium Energy in the 4th quarter valued at approximately $234,000. Finally, Titan Global Capital Management USA LLC lifted its stake in shares of Uranium Energy by 7.1% in the 4th quarter. Titan Global Capital Management USA LLC now owns 2,875,810 shares of the basic materials company’s stock valued at $33,589,000 after purchasing an additional 191,765 shares during the last quarter. 62.28% of the stock is owned by institutional investors.

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Analyst Ratings Changes

Several research firms have recently weighed in on UEC. Roth Mkm set a $17.00 target price on Uranium Energy in a research report on Wednesday, March 11th. TD Securities cut their price target on shares of Uranium Energy from $22.00 to $21.00 and set a “buy” rating on the stock in a report on Wednesday, March 11th. HC Wainwright reiterated a “buy” rating and set a $26.75 price objective on shares of Uranium Energy in a report on Wednesday, May 20th. Finally, The Goldman Sachs Group reaffirmed a “buy” rating and set a $18.00 target price on shares of Uranium Energy in a research report on Wednesday, February 4th. One analyst has rated the stock with a Strong Buy rating, six have issued a Buy rating and two have given a Hold rating to the company’s stock. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $17.66.

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Uranium Energy Trading Down 8.7%

Shares of NYSEAMERICAN:UEC opened at $14.09 on Thursday. Uranium Energy Corp. has a 12-month low of $5.90 and a 12-month high of $20.34. The business’s fifty day simple moving average is $14.06 and its 200-day simple moving average is $14.29. The company has a market capitalization of $6.91 billion, a PE ratio of -117.42 and a beta of 1.12.

Uranium Energy (NYSEAMERICAN:UECGet Free Report) last announced its quarterly earnings results on Tuesday, March 10th. The basic materials company reported ($0.03) earnings per share (EPS) for the quarter, meeting analysts’ consensus estimates of ($0.03). The company had revenue of $20.20 million during the quarter, compared to analysts’ expectations of $12.85 million. Research analysts predict that Uranium Energy Corp. will post -0.12 EPS for the current year.

Uranium Energy Company Profile

(Free Report)

Uranium Energy Corp. is a uranium mining and exploration company focused on the development and production of uranium through in-situ recovery (ISR) methods. The company’s core activities include operating ISR projects, advancing exploration properties, and engaging in joint ventures to secure uranium supply for nuclear power generation. Uranium Energy’s approach emphasizes environmentally conscious extraction techniques that minimize land disturbance and water usage compared with conventional mining.

The company’s primary producing asset is the Hobson ISR facility in South Texas, which commenced production to supply uranium concentrate to nuclear utilities.

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Institutional Ownership by Quarter for Uranium Energy (NYSEAMERICAN:UEC)

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