Bailard Inc. Reduces Holdings in Energy Fuels Inc $UUUU

Bailard Inc. decreased its position in shares of Energy Fuels Inc (NYSEAMERICAN:UUUU) by 66.5% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The fund owned 14,309 shares of the company’s stock after selling 28,467 shares during the quarter. Bailard Inc.’s holdings in Energy Fuels were worth $208,000 as of its most recent filing with the SEC.

Several other hedge funds also recently made changes to their positions in the company. Fortem Financial Group LLC purchased a new position in shares of Energy Fuels during the fourth quarter worth about $163,000. Maxi Investments CY Ltd purchased a new position in shares of Energy Fuels during the fourth quarter worth about $218,000. Pilgrim Partners Asia Pte Ltd purchased a new position in shares of Energy Fuels during the fourth quarter worth about $96,000. SBI Securities Co. Ltd. grew its holdings in shares of Energy Fuels by 161.3% during the fourth quarter. SBI Securities Co. Ltd. now owns 15,896 shares of the company’s stock worth $231,000 after buying an additional 9,812 shares during the last quarter. Finally, Intact Investment Management Inc. grew its holdings in shares of Energy Fuels by 90.9% during the fourth quarter. Intact Investment Management Inc. now owns 147,400 shares of the company’s stock worth $2,135,000 after buying an additional 70,200 shares during the last quarter. Hedge funds and other institutional investors own 48.24% of the company’s stock.

Insiders Place Their Bets

In other Energy Fuels news, VP Daniel Kapostasy sold 15,000 shares of Energy Fuels stock in a transaction that occurred on Friday, April 10th. The stock was sold at an average price of $18.71, for a total value of $280,650.00. Following the sale, the vice president owned 30,486 shares of the company’s stock, valued at approximately $570,393.06. The trade was a 32.98% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Barbara Appelin Filas sold 5,000 shares of Energy Fuels stock in a transaction that occurred on Monday, March 9th. The shares were sold at an average price of $19.51, for a total value of $97,550.00. Following the completion of the sale, the director directly owned 160,261 shares in the company, valued at $3,126,692.11. This represents a 3.03% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold a total of 69,000 shares of company stock worth $1,361,200 over the last quarter. 0.97% of the stock is owned by company insiders.

Wall Street Analysts Forecast Growth

A number of research firms recently issued reports on UUUU. HC Wainwright raised their price target on Energy Fuels from $27.25 to $29.00 and gave the stock a “buy” rating in a report on Friday, May 8th. Roth Mkm reissued a “neutral” rating and set a $17.00 price target on shares of Energy Fuels in a report on Monday, May 11th. The Goldman Sachs Group began coverage on Energy Fuels in a report on Tuesday, February 10th. They set a “buy” rating and a $30.00 price target on the stock. Finally, B. Riley Financial raised their price target on Energy Fuels to $27.00 and gave the stock a “buy” rating in a report on Tuesday, January 20th. Three investment analysts have rated the stock with a Buy rating and one has given a Hold rating to the stock. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $25.75.

Energy Fuels Stock Performance

NYSEAMERICAN UUUU opened at $18.41 on Friday. The company has a quick ratio of 25.59, a current ratio of 27.51 and a debt-to-equity ratio of 0.93. Energy Fuels Inc has a 52-week low of $4.20 and a 52-week high of $27.90. The business’s 50-day moving average price is $19.60 and its 200 day moving average price is $18.84. The firm has a market cap of $4.37 billion, a P/E ratio of -63.48 and a beta of 1.52.

Energy Fuels (NYSEAMERICAN:UUUU) last released its quarterly earnings results on Wednesday, May 6th. The company reported ($0.04) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.02) by ($0.02). Energy Fuels had a negative return on equity of 10.23% and a negative net margin of 83.26%.During the same period in the previous year, the business posted ($0.13) EPS. The firm’s revenue for the quarter was up 112.1% compared to the same quarter last year. On average, equities research analysts expect that Energy Fuels Inc will post -0.14 earnings per share 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.