Barclays PLC raised its stake in Energy Fuels Inc. (NYSE:UUUU – Free Report) by 126.6% during the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 412,137 shares of the company’s stock after purchasing an additional 230,259 shares during the quarter. Barclays PLC’s holdings in Energy Fuels were worth $2,262,000 at the end of the most recent quarter.
Other institutional investors and hedge funds have also made changes to their positions in the company. Eastern Bank acquired a new position in Energy Fuels in the third quarter valued at $27,000. Ashton Thomas Private Wealth LLC purchased a new position in shares of Energy Fuels in the 2nd quarter worth about $31,000. Signaturefd LLC lifted its stake in shares of Energy Fuels by 261.7% in the 3rd quarter. Signaturefd LLC now owns 5,972 shares of the company’s stock valued at $33,000 after purchasing an additional 4,321 shares in the last quarter. Northwest & Ethical Investments L.P. purchased a new stake in shares of Energy Fuels during the 3rd quarter worth about $53,000. Finally, Hilltop Holdings Inc. acquired a new stake in Energy Fuels during the 3rd quarter worth approximately $55,000. 48.24% of the stock is currently owned by institutional investors and hedge funds.
Analysts Set New Price Targets
Several research firms have issued reports on UUUU. HC Wainwright reiterated a “buy” rating and set a $11.00 price objective on shares of Energy Fuels in a research note on Wednesday, December 11th. Roth Mkm lowered their price target on Energy Fuels from $6.00 to $5.50 and set a “neutral” rating for the company in a report on Monday, November 4th.
Energy Fuels Stock Down 0.9 %
UUUU opened at $5.35 on Thursday. The firm’s 50 day moving average is $6.41 and its 200-day moving average is $5.74. Energy Fuels Inc. has a 52-week low of $4.19 and a 52-week high of $8.21. The firm has a market capitalization of $1.05 billion, a P/E ratio of -24.32 and a beta of 1.64.
Energy Fuels (NYSE:UUUU – Get Free Report) last released its quarterly earnings results on Thursday, October 31st. The company reported ($0.07) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.05) by ($0.02). The firm had revenue of $4.05 million for the quarter, compared to analysts’ expectations of $5.10 million. Energy Fuels had a negative return on equity of 9.16% and a negative net margin of 90.40%. Equities analysts expect that Energy Fuels Inc. will post -0.1 earnings per share for the current fiscal year.
Insider Buying and Selling
In other Energy Fuels news, Director Alex G. Morrison sold 17,500 shares of Energy Fuels stock in a transaction that occurred on Wednesday, December 18th. The stock was sold at an average price of $5.72, for a total transaction of $100,100.00. Following the sale, the director now directly owns 165,528 shares in the company, valued at $946,820.16. The trade was a 9.56 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Dennis Lyle Higgs sold 18,615 shares of the stock in a transaction that occurred on Tuesday, November 19th. The shares were sold at an average price of $7.23, for a total value of $134,586.45. Following the transaction, the director now owns 291,422 shares of the company’s stock, valued at approximately $2,106,981.06. This trade represents a 6.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders own 1.92% of the company’s stock.
About Energy Fuels
Energy Fuels Inc, together with its subsidiaries, engages in the extraction, recovery, recycling, exploration, permitting, evaluation, and sale of uranium mineral properties in the United States. The company produces and sells vanadium pentoxide, rare earth elements, and heavy mineral sands, such as ilmenite, rutile, zircon, and monazite.
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