Vontobel Holding Ltd. Purchases 32,467 Shares of Uranium Energy Corp. (NYSEAMERICAN:UEC)

Vontobel Holding Ltd. grew its position in shares of Uranium Energy Corp. (NYSEAMERICAN:UEC) by 84.2% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 71,015 shares of the basic materials company’s stock after buying an additional 32,467 shares during the quarter. Vontobel Holding Ltd.’s holdings in Uranium Energy were worth $477,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds have also modified their holdings of the company. Van ECK Associates Corp grew its position in Uranium Energy by 33.2% in the fourth quarter. Van ECK Associates Corp now owns 6,602,890 shares of the basic materials company’s stock valued at $44,174,000 after purchasing an additional 1,645,919 shares in the last quarter. Powell Investment Advisors LLC acquired a new position in shares of Uranium Energy in the 4th quarter valued at approximately $72,000. Strategic Financial Concepts LLC acquired a new position in Uranium Energy during the 4th quarter worth approximately $323,000. Riggs Asset Managment Co. Inc. increased its position in Uranium Energy by 113.6% during the 4th quarter. Riggs Asset Managment Co. Inc. now owns 172,386 shares of the basic materials company’s stock worth $1,184,000 after purchasing an additional 91,665 shares in the last quarter. Finally, DAVENPORT & Co LLC bought a new stake in Uranium Energy during the 4th quarter worth approximately $140,000. 62.28% of the stock is owned by institutional investors.

Analyst Ratings Changes

UEC has been the topic of a number of research reports. National Bankshares set a $10.00 target price on shares of Uranium Energy and gave the company an “outperform” rating in a research report on Wednesday, February 12th. National Bank Financial initiated coverage on shares of Uranium Energy in a report on Wednesday, February 12th. They issued an “outperform” rating and a $10.00 target price for the company. Finally, 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 report on Monday, December 9th.

Uranium Energy Price Performance

UEC stock opened at $5.98 on Friday. Uranium Energy Corp. has a one year low of $4.06 and a one year high of $8.93. The stock has a market capitalization of $2.53 billion, a P/E ratio of -49.83 and a beta of 1.88. The business’s 50 day simple moving average is $6.64.

Uranium Energy Company 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.