GAMMA Investing LLC Increases Stock Holdings in Uranium Energy Corp. (NYSEAMERICAN:UEC)

GAMMA Investing LLC boosted its position in shares of Uranium Energy Corp. (NYSEAMERICAN:UEC) by 180.1% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 4,338 shares of the basic materials company’s stock after acquiring an additional 2,789 shares during the period. GAMMA Investing LLC’s holdings in Uranium Energy were worth $29,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Commonwealth Equity Services LLC lifted its stake in Uranium Energy by 16.9% during the second quarter. Commonwealth Equity Services LLC now owns 67,704 shares of the basic materials company’s stock worth $407,000 after purchasing an additional 9,787 shares during the last quarter. Choreo LLC lifted its position in Uranium Energy by 11.0% in the 2nd quarter. Choreo LLC now owns 24,505 shares of the basic materials company’s stock worth $141,000 after buying an additional 2,420 shares during the last quarter. American Century Companies Inc. boosted its stake in Uranium Energy by 961.2% in 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 buying an additional 1,268,141 shares in the last quarter. Dimensional Fund Advisors LP grew its position in Uranium Energy by 18.9% during the second quarter. Dimensional Fund Advisors LP now owns 5,954,561 shares of the basic materials company’s stock valued at $35,786,000 after acquiring an additional 947,773 shares during the last quarter. Finally, One Capital Management LLC purchased a new position in shares of Uranium Energy during the second quarter worth approximately $526,000. Institutional investors own 62.28% of the company’s stock.

Uranium Energy Stock Down 1.3 %

Shares of UEC opened at $6.90 on Wednesday. The stock has a market cap of $2.92 billion, a PE ratio of -57.50 and a beta of 1.84. Uranium Energy Corp. has a 1 year low of $4.06 and a 1 year high of $8.93. The business’s 50 day moving average price is $6.63.

Wall Street Analysts Forecast Growth

UEC has been the subject of several recent research reports. HC Wainwright boosted their price target 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. Roth Mkm reissued a “buy” rating and issued a $10.25 target price (up previously from $9.75) on shares of Uranium Energy in a research note on Wednesday, October 23rd.

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.