Uranium Energy Corp. (NYSEAMERICAN:UEC) Holdings Decreased by Sanctuary Advisors LLC

Sanctuary Advisors LLC reduced its position in shares of Uranium Energy Corp. (NYSEAMERICAN:UEC) by 45.5% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 25,240 shares of the basic materials company’s stock after selling 21,103 shares during the period. Sanctuary Advisors LLC’s holdings in Uranium Energy were worth $183,000 at the end of the most recent reporting period.

Several other large investors have also recently added to or reduced their stakes in the company. BNP PARIBAS ASSET MANAGEMENT Holding S.A. acquired a new stake in shares of Uranium Energy during the third quarter worth $12,643,000. Segra Capital Management LLC boosted its holdings in shares of Uranium Energy by 81.0% in the 3rd quarter. Segra Capital Management LLC now owns 4,036,529 shares of the basic materials company’s stock valued at $24,926,000 after buying an additional 1,806,529 shares during the period. Van ECK Associates Corp grew its position in shares of Uranium Energy by 33.2% during the 4th quarter. Van ECK Associates Corp now owns 6,602,890 shares of the basic materials company’s stock valued at $44,174,000 after buying an additional 1,645,919 shares during the last quarter. The Manufacturers Life Insurance Company raised its stake in Uranium Energy by 712.5% during the third quarter. The Manufacturers Life Insurance Company now owns 1,821,256 shares of the basic materials company’s stock worth $11,310,000 after acquiring an additional 1,597,108 shares during the period. Finally, Wellington Management Group LLP bought a new position in Uranium Energy in the third quarter worth about $4,512,000. 62.28% of the stock is currently owned by institutional investors.

Uranium Energy Stock Performance

Shares of Uranium Energy stock opened at $5.26 on Thursday. Uranium Energy Corp. has a fifty-two week low of $4.06 and a fifty-two week high of $8.93. The company has a fifty day moving average price of $6.86. The firm has a market capitalization of $2.23 billion, a price-to-earnings ratio of -43.83 and a beta of 1.88.

Analyst Upgrades and Downgrades

Several equities analysts have recently commented on the company. National Bankshares set a $10.00 target price on Uranium Energy and gave the company an “outperform” rating in a report on Wednesday, February 12th. HC Wainwright boosted their price objective on Uranium Energy from $10.25 to $11.00 and gave the company a “buy” rating in a research report on Monday, December 9th. Finally, National Bank Financial initiated coverage on Uranium Energy in a research report on Wednesday, February 12th. They issued an “outperform” rating and a $10.00 target price on the stock.

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.