Brevan Howard Capital Management LP Invests $13.32 Million in Energy Fuels Inc $UUUU

Brevan Howard Capital Management LP purchased a new position in shares of Energy Fuels Inc (NYSEAMERICAN:UUUU) during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm purchased 836,768 shares of the company’s stock, valued at approximately $13,321,000. Brevan Howard Capital Management LP owned about 0.36% of Energy Fuels at the end of the most recent reporting period.

A number of other institutional investors have also modified their holdings of UUUU. Farther Finance Advisors LLC lifted its stake in shares of Energy Fuels by 3,820.9% during the third quarter. Farther Finance Advisors LLC now owns 1,686 shares of the company’s stock valued at $26,000 after buying an additional 1,643 shares during the period. SBI Securities Co. Ltd. lifted its stake in shares of Energy Fuels by 27.5% during the 2nd quarter. SBI Securities Co. Ltd. now owns 6,238 shares of the company’s stock worth $36,000 after purchasing an additional 1,344 shares during the period. ORG Partners LLC lifted its stake in shares of Energy Fuels by 111.4% during the 3rd quarter. ORG Partners LLC now owns 2,410 shares of the company’s stock worth $40,000 after purchasing an additional 1,270 shares during the period. Steward Partners Investment Advisory LLC boosted its holdings in shares of Energy Fuels by 38.4% during the second quarter. Steward Partners Investment Advisory LLC now owns 8,527 shares of the company’s stock worth $49,000 after purchasing an additional 2,368 shares during the last quarter. Finally, PNC Financial Services Group Inc. boosted its holdings in shares of Energy Fuels by 27.1% during the second quarter. PNC Financial Services Group Inc. now owns 8,649 shares of the company’s stock worth $50,000 after purchasing an additional 1,844 shares during the last quarter. Institutional investors and hedge funds own 48.24% of the company’s stock.

Insider Transactions at Energy Fuels

In other news, Director Barbara Appelin Filas sold 5,000 shares of the business’s stock in a transaction dated Monday, March 9th. The stock was sold at an average price of $19.51, for a total transaction of $97,550.00. Following the completion of the sale, the director owned 160,261 shares in the company, valued at approximately $3,126,692.11. The trade was a 3.03% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Dennis Lyle Higgs sold 6,000 shares of the stock in a transaction that occurred on Tuesday, March 10th. The stock was sold at an average price of $20.64, for a total transaction of $123,840.00. Following the sale, the director directly owned 151,113 shares of the company’s stock, valued at approximately $3,118,972.32. This trade represents a 3.82% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 67,869 shares of company stock worth $1,166,154 over the last 90 days. Company insiders own 1.77% of the company’s stock.

Energy Fuels Price Performance

Shares of Energy Fuels stock opened at $18.67 on Friday. Energy Fuels Inc has a twelve month low of $3.20 and a twelve month high of $27.90. The stock has a market capitalization of $4.43 billion, a P/E ratio of -49.13 and a beta of 1.42. The company has a current ratio of 30.69, a quick ratio of 28.34 and a debt-to-equity ratio of 0.99. The business’s fifty day moving average price is $21.46 and its 200 day moving average price is $17.89.

Energy Fuels (NYSEAMERICAN:UUUU) last announced 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 return on equity of 13.15% and a negative net margin of 130.63%. As a group, research analysts anticipate that Energy Fuels Inc will post -0.1 earnings per share for the current year.

Wall Street Analyst Weigh In

Several research firms recently commented on UUUU. B. Riley Financial upped their target price on Energy Fuels to $27.00 and gave the company a “buy” rating in a research note on Tuesday, January 20th. HC Wainwright raised their price target on Energy Fuels from $26.75 to $27.25 and gave the stock a “buy” rating in a research note on Friday, February 27th. Roth Mkm upgraded Energy Fuels from a “sell” rating to a “neutral” rating and lifted their price target for the company from $13.00 to $15.50 in a report on Wednesday, January 28th. Finally, The Goldman Sachs Group began coverage on shares of Energy Fuels in a research note on Tuesday, February 10th. They set a “buy” rating and a $30.00 price objective for the company. Three research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company. Based on data from MarketBeat.com, Energy Fuels has an average rating of “Moderate Buy” and an average price target of $24.94.

Energy Fuels Company Profile

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.