Uranium Energy Corp. (NYSEAMERICAN:UEC) Shares Acquired by Alberta Investment Management Corp

Alberta Investment Management Corp increased its position in shares of Uranium Energy Corp. (NYSEAMERICAN:UEC) by 175.9% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 244,682 shares of the basic materials company’s stock after acquiring an additional 156,007 shares during the quarter. Alberta Investment Management Corp’s holdings in Uranium Energy were worth $1,637,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also recently bought and sold shares of UEC. Geode Capital Management LLC grew its holdings in Uranium Energy by 1.8% in the 3rd quarter. Geode Capital Management LLC now owns 9,083,449 shares of the basic materials company’s stock valued at $56,419,000 after buying an additional 159,921 shares during the period. Van ECK Associates Corp boosted its position in shares of Uranium Energy by 33.2% in the fourth quarter. Van ECK Associates Corp now owns 6,602,890 shares of the basic materials company’s stock worth $44,174,000 after acquiring an additional 1,645,919 shares during the last quarter. Segra Capital Management LLC grew its holdings in Uranium Energy by 81.0% in the third quarter. Segra Capital Management LLC now owns 4,036,529 shares of the basic materials company’s stock valued at $24,926,000 after purchasing an additional 1,806,529 shares during the period. Victory Capital Management Inc. increased its position in Uranium Energy by 1.2% during the third quarter. Victory Capital Management Inc. now owns 3,554,149 shares of the basic materials company’s stock worth $22,071,000 after purchasing an additional 42,904 shares during the last quarter. Finally, Charles Schwab Investment Management Inc. raised its stake in Uranium Energy by 2.8% during the third quarter. Charles Schwab Investment Management Inc. now owns 3,320,496 shares of the basic materials company’s stock worth $20,620,000 after purchasing an additional 90,098 shares during the period. 62.28% of the stock is owned by hedge funds and other institutional investors.

Uranium Energy Stock Down 5.0 %

Uranium Energy stock opened at $5.68 on Friday. The firm has a market capitalization of $2.40 billion, a price-to-earnings ratio of -47.33 and a beta of 1.88. The stock has a fifty day simple moving average of $6.64. Uranium Energy Corp. has a 52-week low of $4.06 and a 52-week high of $8.93.

Analyst Ratings Changes

Several analysts have recently issued reports on the stock. National Bank Financial initiated coverage on shares of Uranium Energy in a research note on Wednesday, February 12th. They set an “outperform” rating and a $10.00 price objective for the company. National Bankshares set a $10.00 target price on Uranium Energy and gave the company an “outperform” rating in a report on Wednesday, February 12th. Finally, 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.

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.