Bayshore Capital Advisors LLC Acquires Shares of 8,603,217 USA Rare Earth Inc. $USAR

Bayshore Capital Advisors LLC acquired a new stake in USA Rare Earth Inc. (NASDAQ:USAR) during the 4th quarter, Holdings Channel reports. The institutional investor acquired 8,603,217 shares of the company’s stock, valued at approximately $102,378,000. USA Rare Earth makes up 51.1% of Bayshore Capital Advisors LLC’s investment portfolio, making the stock its biggest position. Bayshore Capital Advisors LLC owned 0.06% of USA Rare Earth as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds have also recently bought and sold shares of the business. Tudor Investment Corp ET AL acquired a new position in shares of USA Rare Earth in the third quarter valued at approximately $8,304,000. Jennison Associates LLC acquired a new position in shares of USA Rare Earth in the fourth quarter valued at approximately $1,586,000. JPMorgan Chase & Co. acquired a new position in shares of USA Rare Earth in the third quarter valued at approximately $734,000. Sovran Advisors LLC grew its position in shares of USA Rare Earth by 119.7% in the fourth quarter. Sovran Advisors LLC now owns 489,707 shares of the company’s stock valued at $5,828,000 after purchasing an additional 266,783 shares during the last quarter. Finally, Guild Investment Management Inc. acquired a new position in shares of USA Rare Earth in the third quarter valued at approximately $1,080,000.

Key Headlines Impacting USA Rare Earth

Here are the key news stories impacting USA Rare Earth this week:

• Positive Sentiment: USA Rare Earth reported first-quarter EPS of ($0.12), beating the consensus estimate of ($0.16), while revenue came in at $5.7 million. The company also posted a smaller-than-expected loss versus Wall Street estimates, which helped support the stock. Article Title
• Positive Sentiment: Wedbush raised its price target on USA Rare Earth (USAR) to $35 from $29 and reiterated an outperform rating, signaling continued optimism about the company’s growth outlook. Article Title
• Positive Sentiment: The company announced a $14.2 million Texas Semiconductor Innovation Fund grant to accelerate its Round Top Mountain heavy rare earth project, supporting expansion plans and potentially creating 260 jobs in Texas. Article Title
• Neutral Sentiment: Management said USA Rare Earth is nearing commercial magnet production in Oklahoma, with financing and government support helping fund its rare earth expansion strategy. Article Title
• Negative Sentiment: Investors are monitoring reports that Brazil has opened an antitrust investigation into USA Rare Earth’s proposed $2.8 billion Serra Verde deal, which could add uncertainty around a key strategic transaction. Article Title

Analyst Upgrades and Downgrades

Several equities analysts have recently commented on USAR shares. Cantor Fitzgerald upped their target price on USA Rare Earth from $28.00 to $35.00 and gave the company an “overweight” rating in a research report on Friday, January 30th. Benchmark started coverage on USA Rare Earth in a research report on Wednesday, January 21st. They issued a “buy” rating on the stock. Wedbush upped their target price on USA Rare Earth from $29.00 to $35.00 and gave the company an “outperform” rating in a research report on Tuesday. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of USA Rare Earth in a research report on Friday, March 27th. Finally, Canaccord Genuity Group increased their price target on USA Rare Earth from $29.00 to $32.00 and gave the stock a “buy” rating in a research report on Tuesday, April 21st. Eight research analysts have rated the stock with a Buy rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $35.40.

USA Rare Earth Price Performance

Shares of NASDAQ:USAR opened at $25.42 on Thursday. The company has a market capitalization of $5.54 billion, a P/E ratio of -8.47 and a beta of 2.38. USA Rare Earth Inc. has a 1 year low of $8.00 and a 1 year high of $43.98. The business’s 50 day simple moving average is $19.82 and its 200 day simple moving average is $18.36.

USA Rare Earth (NASDAQ:USAR) last issued its quarterly earnings results on Wednesday, May 13th. The company reported ($0.12) earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of ($0.16) by $0.04. The company had revenue of $5.70 million for the quarter. On average, sell-side analysts anticipate that USA Rare Earth Inc. will post -0.76 EPS for the current fiscal year.

USA Rare Earth Profile

USA Rare Earth (NASDAQ: USAR) is a development-stage critical minerals company focused on advancing a fully integrated rare earth element (REE) and lithium project in the United States. Its flagship asset is the Round Top deposit in West Texas, a large, polymetallic concentration of light and heavy rare earth elements, lithium and other co-products. The company seeks to move this asset through resource delineation, pilot-scale processing and eventual commercial production to address growing domestic demand for secure REE supply chains.

In addition to exploration, USA Rare Earth is engineering an on-site separation facility that will utilize dry magnetic separation and hydrometallurgical flowsheets to produce mixed rare earth carbonates.