Uranium Energy Corp. (NYSEAMERICAN:UEC) Shares Sold by State of New Jersey Common Pension Fund D

State of New Jersey Common Pension Fund D decreased its position in shares of Uranium Energy Corp. (NYSEAMERICAN:UEC) by 34.8% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 244,089 shares of the basic materials company’s stock after selling 130,171 shares during the quarter. State of New Jersey Common Pension Fund D owned 0.06% of Uranium Energy worth $1,633,000 as of its most recent SEC filing.

Several other institutional investors have also recently made changes to their positions in UEC. Geode Capital Management LLC raised its holdings in Uranium Energy by 1.8% in the 3rd quarter. Geode Capital Management LLC now owns 9,083,449 shares of the basic materials company’s stock worth $56,419,000 after purchasing an additional 159,921 shares during the period. Van ECK Associates Corp increased its position in shares of Uranium Energy by 33.2% in the fourth 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 in the last quarter. Segra Capital Management LLC raised its stake in shares of Uranium Energy by 81.0% during the 3rd quarter. Segra Capital Management LLC now owns 4,036,529 shares of the basic materials company’s stock worth $24,926,000 after buying an additional 1,806,529 shares during the period. Victory Capital Management Inc. lifted its position in shares of Uranium Energy by 1.2% during the 3rd quarter. Victory Capital Management Inc. now owns 3,554,149 shares of the basic materials company’s stock valued at $22,071,000 after buying an additional 42,904 shares in the last quarter. Finally, Charles Schwab Investment Management Inc. grew its stake in Uranium Energy by 2.8% in the 3rd quarter. Charles Schwab Investment Management Inc. now owns 3,320,496 shares of the basic materials company’s stock valued at $20,620,000 after acquiring an additional 90,098 shares during the period. 62.28% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

UEC has been the topic of a number of research reports. HC Wainwright raised their price target on shares of Uranium Energy from $10.25 to $11.00 and gave the company a “buy” rating in a research note on Monday, December 9th. 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. Finally, National Bank Financial began coverage on Uranium Energy in a research note on Wednesday, February 12th. They issued an “outperform” rating and a $10.00 price target on the stock.

Uranium Energy Trading Down 3.6 %

Uranium Energy stock opened at $5.40 on Wednesday. The stock has a market cap of $2.28 billion, a PE ratio of -45.00 and a beta of 1.88. The stock’s 50-day moving average is $6.60. Uranium Energy Corp. has a 52 week low of $4.06 and a 52 week high of $8.93.

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.