Arizona State Retirement System Has $526,000 Stock Position in Uranium Energy Corp. (NYSEAMERICAN:UEC)

Arizona State Retirement System boosted its position in shares of Uranium Energy Corp. (NYSEAMERICAN:UECFree Report) by 1.9% in the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 102,120 shares of the basic materials company’s stock after purchasing an additional 1,952 shares during the period. Arizona State Retirement System’s holdings in Uranium Energy were worth $526,000 at the end of the most recent quarter.

Several other institutional investors have also recently added to or reduced their stakes in UEC. JPMorgan Chase & Co. increased its position in Uranium Energy by 24.8% in the 1st quarter. JPMorgan Chase & Co. now owns 208,719 shares of the basic materials company’s stock valued at $958,000 after acquiring an additional 41,471 shares in the last quarter. Raymond James Financial Services Advisors Inc. acquired a new stake in Uranium Energy in the 1st quarter valued at about $47,000. Bank of New York Mellon Corp increased its position in Uranium Energy by 6.8% in the 1st quarter. Bank of New York Mellon Corp now owns 800,581 shares of the basic materials company’s stock valued at $3,675,000 after acquiring an additional 50,810 shares in the last quarter. HighTower Advisors LLC increased its position in Uranium Energy by 25.6% in the 1st quarter. HighTower Advisors LLC now owns 218,733 shares of the basic materials company’s stock valued at $1,005,000 after acquiring an additional 44,536 shares in the last quarter. Finally, MetLife Investment Management LLC increased its position in Uranium Energy by 38.3% in the 1st quarter. MetLife Investment Management LLC now owns 122,621 shares of the basic materials company’s stock valued at $563,000 after acquiring an additional 33,941 shares in the last quarter. 49.03% of the stock is owned by institutional investors.

Uranium Energy Stock Performance

Shares of NYSEAMERICAN:UEC opened at $7.60 on Friday. The firm has a market cap of $2.99 billion, a PE ratio of 760.76 and a beta of 1.90. The business’s 50 day simple moving average is $4.69. Uranium Energy Corp. has a one year low of $2.30 and a one year high of $8.34.

Uranium Energy (NYSEAMERICAN:UECGet Free Report) last issued its quarterly earnings data on Friday, December 8th. The basic materials company reported ($0.01) earnings per share (EPS) for the quarter. The firm had revenue of $0.11 million for the quarter, compared to analyst estimates of $13.00 million. Uranium Energy had a net margin of 3.52% and a return on equity of 0.18%. On average, sell-side analysts anticipate that Uranium Energy Corp. will post 0.05 EPS for the current year.

Insider Activity at Uranium Energy

In related news, CFO Pat Obara sold 4,877 shares of the business’s stock in a transaction that occurred on Thursday, November 16th. The shares were sold at an average price of $6.07, for a total transaction of $29,603.39. Following the completion of the transaction, the chief financial officer now owns 788,000 shares in the company, valued at $4,783,160. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. In other Uranium Energy news, Director Volpe Vincent Della sold 84,000 shares of Uranium Energy stock in a transaction that occurred on Thursday, February 1st. The shares were sold at an average price of $8.17, for a total value of $686,280.00. Following the transaction, the director now owns 186,095 shares of the company’s stock, valued at $1,520,396.15. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, CFO Pat Obara sold 4,877 shares of Uranium Energy stock in a transaction that occurred on Thursday, November 16th. The shares were sold at an average price of $6.07, for a total transaction of $29,603.39. Following the completion of the transaction, the chief financial officer now directly owns 788,000 shares in the company, valued at approximately $4,783,160. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 126,632 shares of company stock worth $944,301. 2.90% of the stock is currently owned by company insiders.

Analyst Ratings Changes

Several equities research analysts have weighed in on UEC shares. HC Wainwright raised their price objective on shares of Uranium Energy from $8.25 to $9.75 and gave the company a “buy” rating in a research report on Thursday, January 18th. Eight Capital raised their price objective on shares of Uranium Energy from $7.00 to $13.00 and gave the company a “buy” rating in a research report on Monday, January 15th. Finally, TD Securities lifted their price target on shares of Uranium Energy from $7.00 to $8.50 and gave the stock a “speculative buy” rating in a research report on Tuesday, December 12th. One investment analyst has rated the stock with a sell rating and five have given a buy rating to the stock. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average target price of $8.80.

View Our Latest Stock Report on UEC

Uranium Energy Company Profile

(Free Report)

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 ParanĂ¡ titanium projects in Paraguay.

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

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