Headlands Technologies LLC Grows Stock Holdings in Uranium Energy Corp. (NYSEAMERICAN:UEC)

Headlands Technologies LLC grew its stake in Uranium Energy Corp. (NYSEAMERICAN:UEC) by 177.7% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 110,130 shares of the basic materials company’s stock after acquiring an additional 70,466 shares during the period. Headlands Technologies LLC’s holdings in Uranium Energy were worth $737,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently modified their holdings of the company. SG Americas Securities LLC lifted its stake in Uranium Energy by 107.6% in the fourth quarter. SG Americas Securities LLC now owns 351,233 shares of the basic materials company’s stock worth $2,350,000 after acquiring an additional 182,016 shares during the period. Van ECK Associates Corp raised its holdings in shares of Uranium Energy by 33.2% in the 4th quarter. Van ECK Associates Corp now owns 6,602,890 shares of the basic materials company’s stock valued at $44,174,000 after purchasing an additional 1,645,919 shares in the last quarter. Barclays PLC lifted its position in shares of Uranium Energy by 394.5% in the 3rd quarter. Barclays PLC now owns 697,045 shares of the basic materials company’s stock worth $4,329,000 after purchasing an additional 556,081 shares during the period. Strategic Financial Concepts LLC purchased a new stake in shares of Uranium Energy in the 4th quarter worth approximately $323,000. Finally, Riggs Asset Managment Co. Inc. boosted its stake in shares of Uranium Energy by 113.6% during the fourth quarter. Riggs Asset Managment Co. Inc. now owns 172,386 shares of the basic materials company’s stock valued at $1,184,000 after purchasing an additional 91,665 shares in the last quarter. Institutional investors own 62.28% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of analysts have weighed in on UEC shares. National Bank Financial began coverage on Uranium Energy in a report on Wednesday, February 12th. They set an “outperform” rating and a $10.00 target price for the company. Stifel Nicolaus set a $10.50 price objective on Uranium Energy in a research note on Wednesday, March 12th. HC Wainwright reiterated a “buy” rating and issued a $12.25 target price on shares of Uranium Energy in a research note on Thursday, March 13th. National Bankshares set a $10.00 price target on shares of Uranium Energy and gave the company an “outperform” rating in a research report on Wednesday, February 12th. Finally, Stifel Canada upgraded shares of Uranium Energy to a “strong-buy” rating in a report on Tuesday, March 11th. Four research analysts have rated the stock with a buy rating and two have assigned a strong buy rating to the company’s stock. According to data from MarketBeat, Uranium Energy currently has an average rating of “Buy” and a consensus price target of $10.60.

Uranium Energy Stock Performance

Uranium Energy stock opened at $4.71 on Thursday. The stock has a market cap of $1.99 billion, a PE ratio of -39.25 and a beta of 1.88. The stock has a 50-day moving average of $6.14 and a two-hundred day moving average of $6.74. Uranium Energy Corp. has a one year low of $4.06 and a one year high of $8.93.

About Uranium Energy

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.