Goehring & Rozencwajg Associates LLC trimmed its position in Uranium Energy Corp. (NYSEAMERICAN:UEC – Free Report) by 3.1% during the 4th quarter, according to its most recent Form 13F filing with the SEC. The fund owned 1,746,646 shares of the basic materials company’s stock after selling 55,838 shares during the period. Uranium Energy comprises 2.5% of Goehring & Rozencwajg Associates LLC’s portfolio, making the stock its 14th biggest holding. Goehring & Rozencwajg Associates LLC owned about 0.41% of Uranium Energy worth $12,506,000 at the end of the most recent quarter.
Other large investors have also made changes to their positions in the company. Sei Investments Co. raised its position in shares of Uranium Energy by 201.1% during the second quarter. Sei Investments Co. now owns 40,204 shares of the basic materials company’s stock valued at $242,000 after buying an additional 26,853 shares during the last quarter. The Manufacturers Life Insurance Company grew its stake in Uranium Energy by 5.6% in the second quarter. The Manufacturers Life Insurance Company now owns 224,148 shares of the basic materials company’s stock worth $1,347,000 after purchasing an additional 11,987 shares in the last quarter. Creative Planning increased its stake in shares of Uranium Energy by 13.3% during the second quarter. Creative Planning now owns 50,157 shares of the basic materials company’s stock valued at $301,000 after buying an additional 5,871 shares during the period. SG Americas Securities LLC increased its holdings in Uranium Energy by 81.3% during the third quarter. SG Americas Securities LLC now owns 169,217 shares of the basic materials company’s stock valued at $1,051,000 after buying an additional 75,871 shares during the period. Finally, Vontobel Holding Ltd. raised its position in shares of Uranium Energy by 3.9% in the 3rd quarter. Vontobel Holding Ltd. now owns 38,548 shares of the basic materials company’s stock worth $239,000 after acquiring an additional 1,461 shares in the last quarter. 62.28% of the stock is currently owned by institutional investors.
Wall Street Analyst Weigh In
A number of equities research analysts recently commented on UEC shares. HC Wainwright increased their target price on shares of Uranium Energy from $10.25 to $11.00 and gave the company a “buy” rating in a research report on Monday, December 9th. Roth Mkm reaffirmed a “buy” rating and set a $10.25 target price (up previously from $9.75) on shares of Uranium Energy in a report on Wednesday, October 23rd.
Uranium Energy Trading Up 2.4 %
Shares of NYSEAMERICAN UEC opened at $6.95 on Friday. Uranium Energy Corp. has a 1 year low of $4.06 and a 1 year high of $8.93. The business’s fifty day moving average price is $6.62.
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.
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