Ballentine Partners LLC Acquires 1,795 Shares of Uranium Energy Corp. (NYSEAMERICAN:UEC)

Ballentine Partners LLC raised its position in Uranium Energy Corp. (NYSEAMERICAN:UEC) by 11.7% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 17,179 shares of the basic materials company’s stock after buying an additional 1,795 shares during the quarter. Ballentine Partners LLC’s holdings in Uranium Energy were worth $115,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. Vontobel Holding Ltd. raised its holdings in shares of Uranium Energy by 3.9% in the 3rd quarter. Vontobel Holding Ltd. now owns 38,548 shares of the basic materials company’s stock valued at $239,000 after acquiring an additional 1,461 shares in the last quarter. Integrated Wealth Concepts LLC boosted its position in Uranium Energy by 4.4% during the 3rd quarter. Integrated Wealth Concepts LLC now owns 36,773 shares of the basic materials company’s stock valued at $228,000 after buying an additional 1,560 shares during the period. National Bank of Canada FI increased its holdings in Uranium Energy by 29.7% during the 3rd quarter. National Bank of Canada FI now owns 7,485 shares of the basic materials company’s stock valued at $46,000 after purchasing an additional 1,713 shares during the period. Confluence Investment Management LLC raised its holdings in Uranium Energy by 2.5% in the 4th quarter. Confluence Investment Management LLC now owns 84,333 shares of the basic materials company’s stock worth $564,000 after purchasing an additional 2,081 shares in the last quarter. Finally, Franklin Resources Inc. boosted its position in Uranium Energy by 12.7% during the 3rd quarter. Franklin Resources Inc. now owns 22,245 shares of the basic materials company’s stock valued at $138,000 after acquiring an additional 2,505 shares in the last quarter. Institutional investors own 62.28% of the company’s stock.

Analyst Ratings Changes

A number of research analysts recently weighed in on UEC shares. Roth Mkm reaffirmed a “buy” rating and set a $10.25 price objective (up previously from $9.75) on shares of Uranium Energy in a research report on Wednesday, October 23rd. HC Wainwright boosted their price target on Uranium Energy from $10.25 to $11.00 and gave the company a “buy” rating in a research note on Monday, December 9th.

Uranium Energy Trading Down 2.3 %

Shares of Uranium Energy stock opened at $8.01 on Monday. Uranium Energy Corp. has a one year low of $4.06 and a one year high of $8.93. The business has a 50 day moving average of $6.65. The stock has a market cap of $3.39 billion, a PE ratio of -66.75 and a beta of 1.89.

Uranium Energy 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.