Energy Fuels Inc. (NYSE:UUUU) Shares Acquired by JPMorgan Chase & Co.

JPMorgan Chase & Co. boosted its holdings in Energy Fuels Inc. (NYSE:UUUU) by 217.3% during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 223,061 shares of the company’s stock after acquiring an additional 152,751 shares during the period. JPMorgan Chase & Co. owned 0.11% of Energy Fuels worth $1,225,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds have also recently added to or reduced their stakes in the business. Synovus Financial Corp purchased a new position in shares of Energy Fuels during the 3rd quarter worth about $58,000. Virtu Financial LLC acquired a new position in Energy Fuels during the third quarter worth approximately $183,000. Geode Capital Management LLC raised its stake in Energy Fuels by 14.1% during the third quarter. Geode Capital Management LLC now owns 2,318,522 shares of the company’s stock worth $12,731,000 after purchasing an additional 285,680 shares during the period. Barclays PLC boosted its holdings in shares of Energy Fuels by 126.6% in the 3rd quarter. Barclays PLC now owns 412,137 shares of the company’s stock valued at $2,262,000 after purchasing an additional 230,259 shares during the last quarter. Finally, Public Employees Retirement System of Ohio grew its stake in shares of Energy Fuels by 11.8% during the 3rd quarter. Public Employees Retirement System of Ohio now owns 46,500 shares of the company’s stock valued at $256,000 after buying an additional 4,900 shares during the period. 48.24% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

UUUU has been the subject of a number of research analyst reports. Roth Mkm dropped their target price on shares of Energy Fuels from $6.00 to $5.50 and set a “neutral” rating for the company in a research report on Monday, November 4th. HC Wainwright reissued a “buy” rating and issued a $11.00 target price on shares of Energy Fuels in a research note on Wednesday, December 11th.

Insider Buying and Selling at Energy Fuels

In other Energy Fuels news, Director Dennis Lyle Higgs sold 18,615 shares of Energy Fuels stock in a transaction on Tuesday, November 19th. The shares were sold at an average price of $7.23, for a total transaction of $134,586.45. Following the completion of the sale, the director now owns 291,422 shares of the company’s stock, valued at $2,106,981.06. This trade represents a 6.00 % decrease in their position. The sale was disclosed in a filing with the SEC, which is available at this hyperlink. Also, Director Alex G. Morrison sold 17,500 shares of the business’s stock in a transaction on Wednesday, December 18th. The shares were sold at an average price of $5.72, for a total transaction of $100,100.00. Following the transaction, the director now owns 165,528 shares in the company, valued at approximately $946,820.16. This represents a 9.56 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Company insiders own 1.92% of the company’s stock.

Energy Fuels Stock Performance

NYSE UUUU opened at $5.71 on Friday. Energy Fuels Inc. has a 1 year low of $4.19 and a 1 year high of $8.21. The business’s fifty day moving average is $5.96 and its two-hundred day moving average is $5.65. The stock has a market capitalization of $1.13 billion, a P/E ratio of -25.95 and a beta of 1.71.

Energy Fuels (NYSE:UUUU) last released its earnings results on Thursday, October 31st. The company reported ($0.07) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.05) by ($0.02). Energy Fuels had a negative net margin of 90.40% and a negative return on equity of 9.16%. On average, research analysts forecast that Energy Fuels Inc. will post -0.1 earnings per share for the current year.

About Energy Fuels

Energy Fuels Inc, together with its subsidiaries, engages in the extraction, recovery, recycling, exploration, permitting, evaluation, and sale of uranium mineral properties in the United States. The company produces and sells vanadium pentoxide, rare earth elements, and heavy mineral sands, such as ilmenite, rutile, zircon, and monazite.