New York State Common Retirement Fund Increases Stock Holdings in Uranium Energy Corp. (NYSEAMERICAN:UEC)

New York State Common Retirement Fund increased its position in shares of Uranium Energy Corp. (NYSEAMERICAN:UEC) by 12.9% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 123,549 shares of the basic materials company’s stock after purchasing an additional 14,100 shares during the period. New York State Common Retirement Fund’s holdings in Uranium Energy were worth $827,000 at the end of the most recent quarter.

Other institutional investors also recently bought and sold shares of the company. GAMMA Investing LLC grew its holdings in shares of Uranium Energy by 180.1% during the 4th quarter. GAMMA Investing LLC now owns 4,338 shares of the basic materials company’s stock worth $29,000 after purchasing an additional 2,789 shares during the period. Farther Finance Advisors LLC boosted its stake in Uranium Energy by 5,130.4% during the third quarter. Farther Finance Advisors LLC now owns 4,812 shares of the basic materials company’s stock worth $30,000 after buying an additional 4,720 shares during the period. Quintet Private Bank Europe S.A. purchased a new position in Uranium Energy during the third quarter worth about $33,000. BNP Paribas acquired a new stake in shares of Uranium Energy during the third quarter valued at about $38,000. Finally, National Bank of Canada FI raised its stake in shares of Uranium Energy by 29.7% in 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 acquiring an additional 1,713 shares during the period. 62.28% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

A number of equities analysts recently weighed in on UEC shares. National Bank Financial began coverage on shares of Uranium Energy in a research report on Wednesday, February 12th. They set an “outperform” rating and a $10.00 price objective for the company. HC Wainwright upped their price target on Uranium Energy from $10.25 to $11.00 and gave the stock a “buy” rating in a research note on Monday, December 9th. Finally, National Bankshares set a $10.00 price objective on Uranium Energy and gave the company an “outperform” rating in a research note on Wednesday, February 12th.

Uranium Energy Price Performance

Shares of UEC stock opened at $4.92 on Tuesday. Uranium Energy Corp. has a 52 week low of $4.06 and a 52 week high of $8.93. The firm has a 50 day simple moving average of $6.60. The stock has a market cap of $2.08 billion, a PE ratio of -41.00 and a beta of 1.88.

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.