AE Wealth Management LLC Buys New Position in Uranium Energy Corp. (NYSEAMERICAN:UEC)

AE Wealth Management LLC purchased a new position in shares of Uranium Energy Corp. (NYSEAMERICAN:UECGet Rating) in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 13,559 shares of the basic materials company’s stock, valued at approximately $47,000.

A number of other institutional investors and hedge funds have also bought and sold shares of the stock. Steward Partners Investment Advisory LLC lifted its holdings in Uranium Energy by 111.1% during the second quarter. Steward Partners Investment Advisory LLC now owns 9,500 shares of the basic materials company’s stock worth $29,000 after acquiring an additional 5,000 shares during the period. Virtu Financial LLC purchased a new stake in shares of Uranium Energy during the 2nd quarter valued at $34,000. Financial Sense Advisors Inc. bought a new stake in shares of Uranium Energy during the 2nd quarter worth $35,000. Nisa Investment Advisors LLC boosted its holdings in shares of Uranium Energy by 63.1% in the 2nd quarter. Nisa Investment Advisors LLC now owns 12,725 shares of the basic materials company’s stock worth $39,000 after buying an additional 4,925 shares during the last quarter. Finally, Stratos Wealth Partners LTD. bought a new position in Uranium Energy during the third quarter valued at about $39,000. 40.37% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

Several brokerages have commented on UEC. HC Wainwright lifted their price objective on shares of Uranium Energy from $7.25 to $8.25 and gave the stock a “buy” rating in a research report on Wednesday, October 19th. Canaccord Genuity Group lifted their price target on shares of Uranium Energy from $6.00 to $6.50 and gave the stock a “buy” rating in a report on Thursday, October 13th.

Uranium Energy Trading Up 1.4 %

Shares of Uranium Energy stock opened at $3.65 on Friday. The stock has a market capitalization of $1.35 billion, a P/E ratio of 182.59 and a beta of 2.01. Uranium Energy Corp. has a 52-week low of $2.34 and a 52-week high of $6.60.

About Uranium Energy

(Get Rating)

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; Slick Rock project in Colorado; Reno Creek project in Wyoming; Dalton Pass and C de Baca project located in New Mexico; Diabase project located in Canada; and Yuty, Oviedo, and Alto ParanĂ¡ titanium projects in Paraguay.

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Institutional Ownership by Quarter for Uranium Energy (NYSEAMERICAN:UEC)

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