Principal Financial Group Inc. Sells 5,218 Shares of Energy Fuels Inc. (NYSE:UUUU)

Principal Financial Group Inc. lowered its position in shares of Energy Fuels Inc. (NYSE:UUUU) by 24.7% during the second quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 15,893 shares of the company’s stock after selling 5,218 shares during the period. Principal Financial Group Inc.’s holdings in Energy Fuels were worth $96,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also bought and sold shares of the company. Russell Investments Group Ltd. grew its holdings in Energy Fuels by 956.1% during the 4th quarter. Russell Investments Group Ltd. now owns 12,494 shares of the company’s stock worth $90,000 after acquiring an additional 11,311 shares during the last quarter. Avantax Advisory Services Inc. raised its stake in shares of Energy Fuels by 76.5% during the fourth quarter. Avantax Advisory Services Inc. now owns 39,626 shares of the company’s stock valued at $285,000 after acquiring an additional 17,181 shares during the last quarter. Aigen Investment Management LP lifted its holdings in shares of Energy Fuels by 90.6% during the fourth quarter. Aigen Investment Management LP now owns 47,975 shares of the company’s stock worth $344,000 after purchasing an additional 22,804 shares during the period. Chesapeake Capital Corp IL bought a new stake in shares of Energy Fuels in the fourth quarter worth $341,000. Finally, TD Asset Management Inc increased its holdings in Energy Fuels by 1.1% in the fourth quarter. TD Asset Management Inc now owns 421,129 shares of the company’s stock valued at $3,034,000 after purchasing an additional 4,726 shares during the period. Institutional investors and hedge funds own 48.24% of the company’s stock.

Wall Street Analyst Weigh In

Several research analysts have commented on UUUU shares. Roth Mkm downgraded Energy Fuels from a “buy” rating to a “neutral” rating and cut their target price for the stock from $6.50 to $6.25 in a report on Wednesday, June 5th. HC Wainwright lowered their price objective on Energy Fuels from $10.75 to $10.50 and set a “buy” rating for the company in a research report on Tuesday, August 6th. Finally, Roth Capital cut Energy Fuels from a “strong-buy” rating to a “hold” rating in a report on Wednesday, June 5th. One research analyst has rated the stock with a sell rating, two have assigned a hold rating and two have issued a buy rating to the company’s stock. According to MarketBeat, the stock currently has an average rating of “Hold” and an average target price of $8.58.

Energy Fuels Trading Down 0.7 %

UUUU stock opened at $4.69 on Tuesday. The firm has a market capitalization of $755.56 million, a price-to-earnings ratio of -66.93 and a beta of 1.61. The firm has a fifty day moving average price of $5.11. Energy Fuels Inc. has a 12-month low of $4.19 and a 12-month high of $9.02.

Energy Fuels (NYSE:UUUU) last announced its quarterly earnings data on Friday, August 2nd. The company reported ($0.04) earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of ($0.06) by $0.02. Energy Fuels had a negative return on equity of 6.56% and a negative net margin of 27.23%. The company had revenue of $8.72 million for the quarter, compared to the consensus estimate of $3.85 million. Equities analysts anticipate that Energy Fuels Inc. will post -0.11 earnings per share for the current year.

About Energy Fuels

Energy Fuels Inc, together with its subsidiaries, engages in the extraction, recovery, recycling, exploration, permitting, evaluation, and sale of uranium mineral properties in the United States. The company produces and sells vanadium pentoxide, rare earth elements, and heavy mineral sands, such as ilmenite, rutile, zircon, and monazite.