21,000 Shares in Uranium Energy Corp. (NYSEAMERICAN:UEC) Purchased by DAVENPORT & Co LLC

DAVENPORT & Co LLC acquired a new position in Uranium Energy Corp. (NYSEAMERICAN:UEC) during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The fund acquired 21,000 shares of the basic materials company’s stock, valued at approximately $140,000.

Other institutional investors also recently bought and sold shares of the company. GAMMA Investing LLC lifted its stake in 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 purchasing an additional 2,789 shares in the last quarter. Farther Finance Advisors LLC raised its position in shares of 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 buying an additional 4,720 shares during the period. Quintet Private Bank Europe S.A. purchased a new stake in shares of Uranium Energy during the 3rd quarter valued at approximately $33,000. BNP Paribas purchased a new stake in shares of Uranium Energy during the 3rd quarter valued at approximately $38,000. Finally, National Bank of Canada FI raised its position in shares of Uranium Energy by 29.7% during the 3rd 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 period. 62.28% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

A number of analysts have issued reports on the company. Roth Mkm reissued a “buy” rating and issued a $10.25 target price (up previously from $9.75) on shares of Uranium Energy in a research report on Wednesday, October 23rd. HC Wainwright boosted their target price on Uranium Energy from $10.25 to $11.00 and gave the company a “buy” rating in a research report on Monday, December 9th.

Uranium Energy Stock Up 2.4 %

UEC stock opened at $6.95 on Monday. The firm has a 50 day simple moving average of $6.64. The firm has a market capitalization of $2.94 billion, a price-to-earnings ratio of -57.92 and a beta of 1.88. Uranium Energy Corp. has a 12 month low of $4.06 and a 12 month high of $8.93.

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.