Uranium Energy Corp. (NYSEAMERICAN:UEC) Shares Bought by US Bancorp DE

US Bancorp DE lifted its position in shares of Uranium Energy Corp. (NYSEAMERICAN:UEC) by 62.0% in the 3rd quarter, according to its most recent disclosure with the SEC. The fund owned 20,700 shares of the basic materials company’s stock after acquiring an additional 7,923 shares during the period. US Bancorp DE’s holdings in Uranium Energy were worth $129,000 as of its most recent filing with the SEC.

A number of other large investors have also modified their holdings of the company. Rokos Capital Management LLP bought a new stake in shares of Uranium Energy during the first quarter valued at about $10,396,000. American Century Companies Inc. raised its holdings in Uranium Energy by 961.2% during the second quarter. American Century Companies Inc. now owns 1,400,076 shares of the basic materials company’s stock worth $8,414,000 after purchasing an additional 1,268,141 shares in the last quarter. Van ECK Associates Corp boosted its stake in Uranium Energy by 64.8% during the 2nd quarter. Van ECK Associates Corp now owns 2,785,503 shares of the basic materials company’s stock valued at $16,741,000 after purchasing an additional 1,095,268 shares in the last quarter. Murchinson Ltd. acquired a new position in shares of Uranium Energy during the 1st quarter valued at $6,750,000. Finally, Dimensional Fund Advisors LP raised its stake in shares of Uranium Energy by 18.9% in the 2nd quarter. Dimensional Fund Advisors LP now owns 5,954,561 shares of the basic materials company’s stock worth $35,786,000 after buying an additional 947,773 shares in the last quarter. Institutional investors and hedge funds own 62.28% of the company’s stock.

Wall Street Analyst Weigh In

A number of brokerages recently weighed in on UEC. Roth Mkm restated a “buy” rating and set a $10.25 target price (up from $9.75) on shares of Uranium Energy in a report on Wednesday, October 23rd. HC Wainwright reissued a “buy” rating and set a $10.25 price objective on shares of Uranium Energy in a research note on Tuesday, September 24th.

Insider Transactions at Uranium Energy

In other Uranium Energy news, CEO Amir Adnani purchased 60,000 shares of the firm’s stock in a transaction that occurred on Friday, September 6th. The shares were acquired at an average cost of $4.10 per share, for a total transaction of $246,000.00. Following the transaction, the chief executive officer now directly owns 4,242,326 shares in the company, valued at approximately $17,393,536.60. The trade was a 1.43 % increase in their ownership of the stock. The purchase was disclosed in a filing with the SEC, which is available through this link. Also, EVP Scott Melbye bought 9,500 shares of the stock in a transaction dated Friday, September 6th. The stock was acquired at an average price of $4.18 per share, with a total value of $39,710.00. Following the completion of the purchase, the executive vice president now owns 988,031 shares of the company’s stock, valued at $4,129,969.58. This represents a 0.97 % increase in their position. The disclosure for this purchase can be found here. 2.40% of the stock is owned by insiders.

Uranium Energy Price Performance

Shares of NYSEAMERICAN:UEC opened at $7.43 on Friday. Uranium Energy Corp. has a 1 year low of $4.06 and a 1 year high of $8.67. The stock has a fifty day simple moving average of $6.44. The company has a market capitalization of $3.06 billion, a PE ratio of -123.81 and a beta of 1.82.

Uranium Energy (NYSEAMERICAN:UEC) last released its quarterly earnings results on Thursday, September 26th. The basic materials company reported ($0.03) earnings per share (EPS) for the quarter. On average, equities analysts anticipate that Uranium Energy Corp. will post 0.09 earnings per share for the current year.

Uranium Energy Profile

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.