Charles Schwab Investment Management Inc. Raises Holdings in Uranium Energy Corp. (NYSEAMERICAN:UEC)

Charles Schwab Investment Management Inc. lifted its holdings in shares of Uranium Energy Corp. (NYSEAMERICAN:UEC) by 2.7% during the fourth quarter, according to its most recent disclosure with the SEC. The fund owned 3,409,129 shares of the basic materials company’s stock after acquiring an additional 88,633 shares during the period. Charles Schwab Investment Management Inc. owned approximately 0.81% of Uranium Energy worth $22,807,000 at the end of the most recent quarter.

A number of other large investors have also modified their holdings of UEC. Stonehage Fleming Financial Services Holdings Ltd lifted its holdings in shares of Uranium Energy by 21.1% during the fourth quarter. Stonehage Fleming Financial Services Holdings Ltd now owns 7,870 shares of the basic materials company’s stock worth $53,000 after purchasing an additional 1,370 shares during the period. Integrated Wealth Concepts LLC lifted its holdings in shares of Uranium Energy by 4.4% during the third quarter. Integrated Wealth Concepts LLC now owns 36,773 shares of the basic materials company’s stock worth $228,000 after purchasing an additional 1,560 shares during the period. US Bancorp DE lifted its holdings in shares of Uranium Energy by 7.7% during the fourth quarter. US Bancorp DE now owns 22,300 shares of the basic materials company’s stock worth $149,000 after purchasing an additional 1,600 shares during the period. National Bank of Canada FI lifted its holdings in shares of Uranium Energy by 29.7% during the third quarter. National Bank of Canada FI now owns 7,485 shares of the basic materials company’s stock worth $46,000 after purchasing an additional 1,713 shares during the period. Finally, Ballentine Partners LLC lifted its holdings in shares of Uranium Energy by 11.7% during the fourth quarter. Ballentine Partners LLC now owns 17,179 shares of the basic materials company’s stock worth $115,000 after purchasing an additional 1,795 shares during the period. Hedge funds and other institutional investors own 62.28% of the company’s stock.

Analyst Ratings Changes

A number of brokerages have issued reports on UEC. Stifel Nicolaus set a $10.50 price target on Uranium Energy in a report on Wednesday, March 12th. Stifel Canada raised Uranium Energy to a “strong-buy” rating in a report on Tuesday, March 11th. HC Wainwright reissued a “buy” rating and issued a $12.25 price target on shares of Uranium Energy in a report on Thursday, March 13th. National Bankshares set a $10.00 price target 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 report on Wednesday, February 12th. They issued an “outperform” rating and a $10.00 price target for the company. Four equities research analysts have rated the stock with a buy rating and two have issued a strong buy rating to the company’s stock. According to data from MarketBeat, the stock has an average rating of “Buy” and a consensus price target of $10.60.

Uranium Energy Price Performance

Shares of NYSEAMERICAN:UEC opened at $5.52 on Wednesday. The business has a fifty day moving average of $6.57 and a two-hundred day moving average of $6.87. The stock has a market cap of $2.34 billion, a P/E ratio of -46.00 and a beta of 1.88. Uranium Energy Corp. has a 52-week low of $4.06 and a 52-week high of $8.93.

Uranium Energy Company 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.