Barclays PLC Grows Holdings in Uranium Energy Corp. (NYSEAMERICAN:UEC)

Barclays PLC increased its holdings in Uranium Energy Corp. (NYSEAMERICAN:UEC) by 394.5% in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 697,045 shares of the basic materials company’s stock after acquiring an additional 556,081 shares during the quarter. Barclays PLC owned about 0.17% of Uranium Energy worth $4,329,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other large investors also recently bought and sold shares of UEC. Strategic Investment Solutions Inc. IL purchased a new stake in shares of Uranium Energy in the second quarter worth $26,000. Farther Finance Advisors LLC increased its stake in Uranium Energy by 5,130.4% during the 3rd 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 in the last quarter. Quintet Private Bank Europe S.A. purchased a new position in Uranium Energy in the third quarter worth about $33,000. BNP Paribas bought a new position in shares of Uranium Energy in the third quarter worth approximately $38,000. Finally, National Bank of Canada FI grew 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 valued at $46,000 after buying an additional 1,713 shares during the last quarter. 62.28% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

Several research firms recently issued reports on UEC. Roth Mkm reaffirmed a “buy” rating and issued a $10.25 price objective (up from $9.75) on shares of Uranium Energy in a research report on Wednesday, October 23rd. HC Wainwright boosted 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 Price Performance

Shares of UEC stock opened at $7.08 on Friday. The business has a 50 day moving average of $6.59. Uranium Energy Corp. has a 52 week low of $4.06 and a 52 week high of $8.93. The company has a market capitalization of $3.00 billion, a price-to-earnings ratio of -59.00 and a beta of 1.84.

Uranium Energy (NYSEAMERICAN:UEC) last posted its earnings results on Thursday, September 26th. The basic materials company reported ($0.03) EPS for the quarter. Sell-side analysts forecast that Uranium Energy Corp. will post 0.02 EPS for the current year.

Uranium Energy 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.