MetLife Investment Advisors LLC acquired a new stake in shares of Uranium Energy (NYSEAMERICAN:UEC) during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor acquired 71,227 shares of the basic materials company’s stock, valued at approximately $126,000.
A number of other hedge funds and other institutional investors have also recently made changes to their positions in UEC. Quad Capital Management Advisors LLC bought a new position in Uranium Energy during the 4th quarter valued at $147,000. Wells Fargo & Company MN boosted its stake in Uranium Energy by 230.6% during the 4th quarter. Wells Fargo & Company MN now owns 87,304 shares of the basic materials company’s stock valued at $155,000 after purchasing an additional 60,893 shares in the last quarter. Deutsche Bank AG boosted its stake in Uranium Energy by 122.5% during the 4th quarter. Deutsche Bank AG now owns 300,955 shares of the basic materials company’s stock valued at $532,000 after purchasing an additional 165,723 shares in the last quarter. MYDA Advisors LLC bought a new position in Uranium Energy during the 4th quarter valued at $623,000. Finally, 1492 Capital Management LLC acquired a new stake in shares of Uranium Energy during the 4th quarter valued at $728,000.
Shares of Uranium Energy remained flat at $$1.55 during mid-day trading on Thursday, according to Marketbeat. 400 shares of the company traded hands, compared to its average volume of 1,059,118. Uranium Energy has a twelve month low of $1.53 and a twelve month high of $1.55.
Uranium Energy (NYSEAMERICAN:UEC) last announced its quarterly earnings results on Monday, March 12th. The basic materials company reported ($0.03) EPS for the quarter, missing analysts’ consensus estimates of ($0.02) by ($0.01).
UEC has been the subject of a number of research analyst reports. HC Wainwright reduced their target price on Uranium Energy from $4.10 to $3.60 and set a “buy” rating for the company in a report on Thursday, April 26th. Zacks Investment Research upgraded Uranium Energy from a “sell” rating to a “hold” rating in a report on Tuesday, May 1st. Two equities research analysts have rated the stock with a sell rating, one has assigned a hold rating and two have given a buy rating to the company. The stock currently has an average rating of “Hold” and an average price target of $2.70.
About Uranium Energy
Uranium Energy Corp. operates as a uranium mining and exploration company. Its projects in South Texas include the Palangana ISR mine, the permitted Goliad ISR project, and the development-stage Burke Hollow ISR project; and project in Wyoming comprise the permitted Reno Creek ISR project. The company also controls a pipeline of advanced-stage uranium projects in Arizona, Colorado, New Mexico, and Paraguay, as well as a high-grade titanium project in Paraguay.
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