Universal Beteiligungs und Servicegesellschaft mbH Has $18.10 Million Position in Uranium Energy Corp. $UEC

Universal Beteiligungs und Servicegesellschaft mbH lessened its holdings in shares of Uranium Energy Corp. (NYSEAMERICAN:UEC) by 25.0% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,356,642 shares of the basic materials company’s stock after selling 452,508 shares during the period. Universal Beteiligungs und Servicegesellschaft mbH’s holdings in Uranium Energy were worth $18,098,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also modified their holdings of the business. Wealth Enhancement Advisory Services LLC raised its holdings in Uranium Energy by 15.2% during the 3rd quarter. Wealth Enhancement Advisory Services LLC now owns 25,247 shares of the basic materials company’s stock worth $342,000 after buying an additional 3,336 shares during the period. MGO One Seven LLC raised its holdings in shares of Uranium Energy by 22.8% during the third quarter. MGO One Seven LLC now owns 16,757 shares of the basic materials company’s stock worth $224,000 after acquiring an additional 3,106 shares during the period. Forum Financial Management LP lifted its position in Uranium Energy by 17.0% in the 3rd quarter. Forum Financial Management LP now owns 14,557 shares of the basic materials company’s stock valued at $194,000 after acquiring an additional 2,112 shares in the last quarter. CoreCap Advisors LLC lifted its position in Uranium Energy by 3.1% in the 3rd quarter. CoreCap Advisors LLC now owns 25,200 shares of the basic materials company’s stock valued at $336,000 after acquiring an additional 750 shares in the last quarter. Finally, Hennion & Walsh Asset Management Inc. boosted its stake in Uranium Energy by 85.6% in the 3rd quarter. Hennion & Walsh Asset Management Inc. now owns 103,122 shares of the basic materials company’s stock worth $1,376,000 after purchasing an additional 47,562 shares during the period. 62.28% of the stock is currently owned by institutional investors and hedge funds.

Uranium Energy Stock Down 6.2%

UEC stock opened at $18.62 on Friday. The company has a market cap of $9.00 billion, a price-to-earnings ratio of -155.17 and a beta of 1.23. Uranium Energy Corp. has a twelve month low of $3.85 and a twelve month high of $20.34. The business has a 50 day moving average price of $13.64 and a two-hundred day moving average price of $12.25.

Wall Street Analyst Weigh In

UEC has been the topic of several recent research reports. Stifel Nicolaus initiated coverage on Uranium Energy in a research note on Monday, October 6th. They issued a “buy” rating and a $10.50 price target on the stock. National Bankshares lifted their target price on Uranium Energy from $15.50 to $16.50 and gave the company an “outperform” rating in a research report on Friday, December 19th. Zacks Research raised Uranium Energy from a “strong sell” rating to a “hold” rating in a research report on Monday, December 1st. Roth Mkm reaffirmed a “buy” rating and set a $16.00 price target on shares of Uranium Energy in a research note on Thursday, December 11th. Finally, The Goldman Sachs Group lifted their price objective on shares of Uranium Energy from $13.00 to $17.00 and gave the company a “buy” rating in a report on Friday, September 26th. Two investment analysts have rated the stock with a Strong Buy rating, six have given a Buy rating and two have given a Hold rating to the stock. According to data from MarketBeat, the company has an average rating of “Buy” and an average price target of $14.92.

About Uranium Energy

Uranium Energy Corp. is a uranium mining and exploration company focused on the development and production of uranium through in-situ recovery (ISR) methods. The company’s core activities include operating ISR projects, advancing exploration properties, and engaging in joint ventures to secure uranium supply for nuclear power generation. Uranium Energy’s approach emphasizes environmentally conscious extraction techniques that minimize land disturbance and water usage compared with conventional mining.

The company’s primary producing asset is the Hobson ISR facility in South Texas, which commenced production to supply uranium concentrate to nuclear utilities.