Uranium Energy Corp. (NYSEAMERICAN:UEC) Stock Position Lifted by Nisa Investment Advisors LLC

Nisa Investment Advisors LLC lifted its stake in shares of Uranium Energy Corp. (NYSEAMERICAN:UEC) by 50.5% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 20,042 shares of the basic materials company’s stock after purchasing an additional 6,723 shares during the quarter. Nisa Investment Advisors LLC’s holdings in Uranium Energy were worth $134,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also modified their holdings of the company. BNP PARIBAS ASSET MANAGEMENT Holding S.A. bought a new stake in Uranium Energy in the third quarter worth about $12,643,000. Van ECK Associates Corp boosted its holdings in Uranium Energy by 78.0% during the third quarter. Van ECK Associates Corp now owns 4,956,971 shares of the basic materials company’s stock worth $30,783,000 after buying an additional 2,171,468 shares in the last quarter. Intech Investment Management LLC acquired a new position in Uranium Energy in the third quarter worth approximately $600,000. Barclays PLC increased its holdings in shares of Uranium Energy by 394.5% in the third quarter. Barclays PLC now owns 697,045 shares of the basic materials company’s stock valued at $4,329,000 after buying an additional 556,081 shares in the last quarter. Finally, The Manufacturers Life Insurance Company lifted its position in shares of Uranium Energy by 712.5% during the 3rd quarter. The Manufacturers Life Insurance Company now owns 1,821,256 shares of the basic materials company’s stock valued at $11,310,000 after acquiring an additional 1,597,108 shares during the last quarter. 62.28% of the stock is currently owned by institutional investors.

Uranium Energy Price Performance

Shares of UEC stock opened at $7.27 on Friday. The business’s fifty day moving average is $6.63. The company has a market capitalization of $3.08 billion, a price-to-earnings ratio of -60.58 and a beta of 1.89. Uranium Energy Corp. has a 1 year low of $4.06 and a 1 year high of $8.93.

Analyst Ratings Changes

Several equities research analysts recently commented on the stock. Roth Mkm restated a “buy” rating and issued a $10.25 price target (up previously from $9.75) on shares of Uranium Energy in a research report on Wednesday, October 23rd. HC Wainwright increased their target price on Uranium Energy from $10.25 to $11.00 and gave the company a “buy” rating in a report on Monday, December 9th.

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.