Principal Financial Group Inc. Sells 2,661 Shares of Energy Fuels Inc. (NYSEAMERICAN:UUUU)

Principal Financial Group Inc. trimmed its holdings in shares of Energy Fuels Inc. (NYSEAMERICAN:UUUU) by 20.5% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 10,291 shares of the company’s stock after selling 2,661 shares during the period. Principal Financial Group Inc.’s holdings in Energy Fuels were worth $53,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also modified their holdings of the company. AlphaMark Advisors LLC acquired a new position in Energy Fuels during the fourth quarter valued at approximately $25,000. Northwest & Ethical Investments L.P. acquired a new position in Energy Fuels during the third quarter valued at approximately $53,000. Hilltop Holdings Inc. acquired a new position in Energy Fuels during the third quarter valued at approximately $55,000. Wealthspan Partners LLC acquired a new position in Energy Fuels during the fourth quarter valued at approximately $51,000. Finally, Accel Wealth Management acquired a new position in Energy Fuels during the fourth quarter valued at approximately $52,000. 48.24% of the stock is owned by institutional investors.

Analyst Ratings Changes

UUUU has been the subject of several research reports. Roth Mkm raised shares of Energy Fuels from a “neutral” rating to a “buy” rating and set a $5.75 price objective for the company in a research report on Friday, February 28th. HC Wainwright lowered their price objective on shares of Energy Fuels from $11.00 to $10.75 and set a “buy” rating for the company in a research report on Friday, February 28th. Finally, Roth Capital raised shares of Energy Fuels from a “hold” rating to a “strong-buy” rating in a research report on Friday, February 28th.

Energy Fuels Stock Performance

NYSEAMERICAN UUUU opened at $4.07 on Friday. The firm has a 50-day moving average of $5.33 and a 200-day moving average of $5.56. The stock has a market cap of $808.67 million, a PE ratio of -18.50 and a beta of 1.68. Energy Fuels Inc. has a 52-week low of $3.74 and a 52-week high of $7.47.

Insiders Place Their Bets

In other Energy Fuels news, Director Alex G. Morrison sold 17,500 shares of the firm’s stock in a transaction dated Wednesday, December 18th. The shares were sold at an average price of $5.72, for a total value of $100,100.00. Following the transaction, the director now directly owns 165,528 shares of the company’s stock, valued at $946,820.16. This trade represents a 9.56 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director J. Birks Bovaird sold 10,000 shares of the firm’s stock in a transaction dated Thursday, January 2nd. The shares were sold at an average price of $5.44, for a total transaction of $54,400.00. Following the completion of the transaction, the director now directly owns 178,380 shares in the company, valued at approximately $970,387.20. This represents a 5.31 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Corporate insiders own 1.92% of the company’s stock.

Energy Fuels Company Profile

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.