Uranium Energy Corp. (NYSEAMERICAN:UEC) Shares Sold by Goehring & Rozencwajg Associates LLC

Goehring & Rozencwajg Associates LLC trimmed its position in Uranium Energy Corp. (NYSEAMERICAN:UEC) by 3.1% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 1,746,646 shares of the basic materials company’s stock after selling 55,838 shares during the period. Uranium Energy comprises about 2.5% of Goehring & Rozencwajg Associates LLC’s portfolio, making the stock its 14th largest holding. Goehring & Rozencwajg Associates LLC’s holdings in Uranium Energy were worth $12,506,000 at the end of the most recent reporting period.

Several other large investors also recently bought and sold shares of UEC. Van ECK Associates Corp raised its position in shares of Uranium Energy by 78.0% in the third quarter. Van ECK Associates Corp now owns 4,956,971 shares of the basic materials company’s stock valued at $30,783,000 after buying an additional 2,171,468 shares during the last quarter. BNP PARIBAS ASSET MANAGEMENT Holding S.A. acquired a new stake in Uranium Energy in the 3rd quarter valued at about $12,643,000. Segra Capital Management LLC raised its holdings in Uranium Energy by 81.0% in the 3rd quarter. Segra Capital Management LLC now owns 4,036,529 shares of the basic materials company’s stock valued at $24,926,000 after acquiring an additional 1,806,529 shares during the last quarter. The Manufacturers Life Insurance Company lifted its stake in Uranium Energy by 712.5% in the 3rd quarter. The Manufacturers Life Insurance Company now owns 1,821,256 shares of the basic materials company’s stock worth $11,310,000 after purchasing an additional 1,597,108 shares in the last quarter. Finally, Wellington Management Group LLP acquired a new position in shares of Uranium Energy during the 3rd quarter worth approximately $4,512,000. 62.28% of the stock is currently owned by hedge funds and other institutional investors.

Uranium Energy Trading Up 2.4 %

NYSEAMERICAN:UEC opened at $6.95 on Friday. The company has a 50-day moving average price of $6.62. Uranium Energy Corp. has a 1-year low of $4.06 and a 1-year high of $8.93.

Analysts Set New Price Targets

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

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.