Virtu Financial LLC Invests $1.18 Million in Uranium Energy Corp. (NYSEAMERICAN:UEC)

Virtu Financial LLC acquired a new position in Uranium Energy Corp. (NYSEAMERICAN:UEC) in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor acquired 176,878 shares of the basic materials company’s stock, valued at approximately $1,183,000.

Other institutional investors have also added to or reduced their stakes in the company. Harbour Investments Inc. increased its position in Uranium Energy by 947.4% during the 4th quarter. Harbour Investments Inc. now owns 3,886 shares of the basic materials company’s stock valued at $26,000 after purchasing an additional 3,515 shares during the period. GAMMA Investing LLC increased its position in Uranium Energy by 180.1% during the 4th quarter. GAMMA Investing LLC now owns 4,338 shares of the basic materials company’s stock valued at $29,000 after purchasing an additional 2,789 shares during the period. Generali Investments Management Co LLC purchased a new position in Uranium Energy during the 4th quarter valued at about $30,000. BNP Paribas purchased a new position in Uranium Energy during the 3rd quarter valued at about $38,000. Finally, National Bank of Canada FI increased its position in Uranium Energy by 29.7% during the 3rd quarter. National Bank of Canada FI now owns 7,485 shares of the basic materials company’s stock valued at $46,000 after purchasing an additional 1,713 shares during the period. Hedge funds and other institutional investors own 62.28% of the company’s stock.

Analyst Upgrades and Downgrades

A number of analysts have recently weighed in on the stock. HC Wainwright restated a “buy” rating and issued a $12.25 price target on shares of Uranium Energy in a report on Thursday, March 13th. Stifel Nicolaus set a $10.50 price target on shares of Uranium Energy in a report on Wednesday, March 12th. National Bankshares set a $10.00 price target on shares of Uranium Energy and gave the company an “outperform” rating in a report on Wednesday, February 12th. National Bank Financial assumed coverage on shares of Uranium Energy in a report on Wednesday, February 12th. They issued an “outperform” rating and a $10.00 price target on the stock. Finally, Stifel Canada upgraded shares of Uranium Energy to a “strong-buy” rating in a report on Tuesday, March 11th. Four equities research analysts have rated the stock with a buy rating and two have issued a strong buy rating to the stock. According to MarketBeat.com, the company has an average rating of “Buy” and a consensus target price of $10.60.

Uranium Energy Stock Down 1.6 %

UEC stock opened at $5.53 on Monday. The firm has a 50 day moving average of $6.49 and a 200 day moving average of $6.84. The stock has a market capitalization of $2.34 billion, a PE ratio of -46.08 and a beta of 1.88. Uranium Energy Corp. has a 52 week low of $4.06 and a 52 week high of $8.93.

About Uranium Energy

Uranium Energy Corp., together with its subsidiaries, engages in exploration, pre-extraction, extraction, and processing uranium and titanium concentrates in the United States, Canada, and Paraguay. It owns interests in the Palangana mine, Goliad, Burke Hollow, Longhorn, and Salvo projects located in Texas; Anderson, Workman Creek, and Los Cuatros projects situated in Arizona; Dalton Pass and C de Baca project located in New Mexico; Roughrider, Shea Creek, Christie Lake, Horseshoe-Raven, Hidden Bay, Diabase, West Bear, JCU, and other project located in Canada; and Yuty, Oviedo, and Alto Paraná titanium projects in Paraguay.