Uranium Energy Corp. (NYSEAMERICAN:UEC) Shares Sold by Stifel Financial Corp

Stifel Financial Corp lessened its stake in Uranium Energy Corp. (NYSEAMERICAN:UEC) by 18.2% in the 3rd quarter, according to its most recent filing with the SEC. The fund owned 181,226 shares of the basic materials company’s stock after selling 40,229 shares during the period. Stifel Financial Corp’s holdings in Uranium Energy were worth $1,125,000 at the end of the most recent quarter.

Several other institutional investors have also recently added to or reduced their stakes in UEC. Van ECK Associates Corp increased its stake in Uranium Energy by 78.0% during the third quarter. Van ECK Associates Corp now owns 4,956,971 shares of the basic materials company’s stock worth $30,783,000 after purchasing an additional 2,171,468 shares during the period. BNP PARIBAS ASSET MANAGEMENT Holding S.A. acquired a new position in shares of Uranium Energy in the third quarter valued at approximately $12,643,000. The Manufacturers Life Insurance Company grew its holdings in shares of Uranium Energy by 712.5% in the third quarter. The Manufacturers Life Insurance Company now owns 1,821,256 shares of the basic materials company’s stock valued at $11,310,000 after purchasing an additional 1,597,108 shares in the last quarter. American Century Companies Inc. lifted its holdings in Uranium Energy by 961.2% during the 2nd quarter. American Century Companies Inc. now owns 1,400,076 shares of the basic materials company’s stock worth $8,414,000 after buying an additional 1,268,141 shares in the last quarter. Finally, Dimensional Fund Advisors LP lifted its holdings in Uranium Energy by 18.9% during 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.

Uranium Energy Stock Performance

Shares of NYSEAMERICAN:UEC opened at $7.08 on Monday. The stock’s fifty day simple moving average is $6.59. Uranium Energy Corp. has a 1-year low of $4.06 and a 1-year high of $8.93. The firm has a market cap of $3.00 billion, a PE ratio of -59.00 and a beta of 1.84.

Uranium Energy (NYSEAMERICAN:UEC) last released its earnings results on Thursday, September 26th. The basic materials company reported ($0.03) earnings per share (EPS) for the quarter. Analysts anticipate that Uranium Energy Corp. will post 0.02 earnings per share for the current fiscal year.

Analyst Ratings Changes

Several brokerages have weighed in on UEC. Roth Mkm restated a “buy” rating and set a $10.25 price target (up previously from $9.75) on shares of Uranium Energy in a report on Wednesday, October 23rd. HC Wainwright upped their target price on shares of Uranium Energy from $10.25 to $11.00 and gave the stock a “buy” rating in a research note on Monday, December 9th.

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.