Vanguard Group Inc. Raises Holdings in Energy Fuels Inc $UUUU

Vanguard Group Inc. boosted its holdings in Energy Fuels Inc (NYSEAMERICAN:UUUU) by 50.6% in the third quarter, Holdings Channel.com reports. The institutional investor owned 11,883,042 shares of the company’s stock after acquiring an additional 3,991,202 shares during the period. Vanguard Group Inc. owned approximately 0.05% of Energy Fuels worth $182,420,000 as of its most recent filing with the SEC.

A number of other hedge funds have also added to or reduced their stakes in UUUU. AQR Capital Management LLC bought a new stake in shares of Energy Fuels during the 1st quarter valued at about $871,000. NewEdge Advisors LLC raised its position in Energy Fuels by 67.7% in the first quarter. NewEdge Advisors LLC now owns 57,876 shares of the company’s stock worth $216,000 after acquiring an additional 23,356 shares during the period. Bessemer Group Inc. lifted its holdings in Energy Fuels by 19,230.8% during the second quarter. Bessemer Group Inc. now owns 7,539 shares of the company’s stock valued at $43,000 after purchasing an additional 7,500 shares in the last quarter. Strategic Financial Concepts LLC raised its stake in Energy Fuels by 37.0% during the 2nd quarter. Strategic Financial Concepts LLC now owns 27,680 shares of the company’s stock valued at $154,000 after purchasing an additional 7,480 shares during the period. Finally, Bank of Montreal Can lifted its holdings in Energy Fuels by 11.1% in the 2nd quarter. Bank of Montreal Can now owns 613,750 shares of the company’s stock worth $3,549,000 after purchasing an additional 61,218 shares in the last quarter. 48.24% of the stock is currently owned by hedge funds and other institutional investors.

Insider Buying and Selling at Energy Fuels

In other Energy Fuels news, Director Alex G. Morrison sold 38,869 shares of Energy Fuels stock in a transaction on Monday, December 15th. The stock was sold at an average price of $14.32, for a total value of $556,604.08. Following the sale, the director owned 110,878 shares in the company, valued at $1,587,772.96. The trade was a 25.96% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, EVP Timothy James Carstens sold 59,594 shares of the business’s stock in a transaction dated Wednesday, December 10th. The shares were sold at an average price of $14.93, for a total transaction of $889,738.42. Following the completion of the sale, the executive vice president owned 107,435 shares in the company, valued at approximately $1,604,004.55. This trade represents a 35.68% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. 1.92% of the stock is owned by corporate insiders.

Analyst Ratings Changes

UUUU has been the subject of several research reports. B. Riley Financial increased their price objective on shares of Energy Fuels to $27.00 and gave the company a “buy” rating in a report on Tuesday, January 20th. The Goldman Sachs Group began coverage on Energy Fuels in a research report on Tuesday, February 10th. They set a “buy” rating and a $30.00 target price for the company. Roth Mkm upgraded shares of Energy Fuels from a “sell” rating to a “neutral” rating and upped their price target for the stock from $13.00 to $15.50 in a report on Wednesday, January 28th. Finally, HC Wainwright upped their price target on shares of Energy Fuels from $26.75 to $27.25 and gave the stock a “buy” rating in a research report on Friday. Three research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $24.94.

Energy Fuels Stock Up 9.6%

Shares of UUUU stock opened at $23.37 on Tuesday. Energy Fuels Inc has a twelve month low of $3.20 and a twelve month high of $27.90. The stock has a market cap of $5.55 billion, a P/E ratio of -61.50 and a beta of 1.42. The stock has a 50 day moving average of $20.55 and a 200 day moving average of $17.31. The company has a current ratio of 30.69, a quick ratio of 28.34 and a debt-to-equity ratio of 0.99.

Energy Fuels (NYSEAMERICAN:UUUU) last released its quarterly earnings results on Friday, February 27th. The company reported ($0.12) EPS for the quarter, missing the consensus estimate of ($0.07) by ($0.05). Energy Fuels had a negative net margin of 130.63% and a negative return on equity of 13.15%. As a group, sell-side analysts expect that Energy Fuels Inc will post -0.1 EPS for the current year.

About Energy Fuels

Energy Fuels Inc (NYSE American: UUUU) is a U.S.-based mineral resources company focused on the production and processing of uranium, rare earth elements and other strategic minerals. The company’s core business activity centers on supplying nuclear fuel to power generators, leveraging a diversified portfolio of conventional and in-situ recovery (ISR) uranium mines located primarily on the Colorado Plateau, in Wyoming and in Texas.

At the heart of Energy Fuels’ operations is the White Mesa Mill in southeastern Utah, the only conventional uranium-vanadium mill currently permitted and operating in the United States.