Lake Street Advisors Group LLC Grows Position in Uranium Energy Corp. (NYSEAMERICAN:UEC)

Lake Street Advisors Group LLC boosted its holdings in shares of Uranium Energy Corp. (NYSEAMERICAN:UEC) by 99.7% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 326,707 shares of the basic materials company’s stock after acquiring an additional 163,097 shares during the period. Lake Street Advisors Group LLC’s holdings in Uranium Energy were worth $2,186,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors have also added to or reduced their stakes in the company. GAMMA Investing LLC raised its position in shares of Uranium Energy by 180.1% in the 4th quarter. GAMMA Investing LLC now owns 4,338 shares of the basic materials company’s stock worth $29,000 after acquiring an additional 2,789 shares in the last quarter. Farther Finance Advisors LLC grew its stake in Uranium Energy by 5,130.4% in the third quarter. Farther Finance Advisors LLC now owns 4,812 shares of the basic materials company’s stock valued at $30,000 after purchasing an additional 4,720 shares during the last quarter. Quintet Private Bank Europe S.A. purchased a new position in Uranium Energy in the third quarter valued at about $33,000. BNP Paribas purchased a new stake in shares of Uranium Energy during the third quarter valued at about $38,000. Finally, National Bank of Canada FI lifted its position 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 valued at $46,000 after buying an additional 1,713 shares during the last quarter. Hedge funds and other institutional investors own 62.28% of the company’s stock.

Analyst Upgrades and Downgrades

A number of research analysts have recently issued reports on UEC shares. HC Wainwright lifted their price objective on shares of Uranium Energy from $10.25 to $11.00 and gave the stock a “buy” rating in a research report on Monday, December 9th. National Bank Financial began coverage on shares of Uranium Energy in a report on Wednesday, February 12th. They issued an “outperform” rating and a $10.00 price target on the stock. Finally, National Bankshares set a $10.00 price target on Uranium Energy and gave the stock an “outperform” rating in a research report on Wednesday, February 12th.

Uranium Energy Stock Down 3.6 %

Shares of Uranium Energy stock opened at $5.40 on Wednesday. The firm has a 50 day moving average of $6.60. The stock has a market cap of $2.28 billion, a price-to-earnings ratio of -45.00 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.

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.