Cwm LLC Raises Stock Holdings in Uranium Energy Corp. (NYSEAMERICAN:UEC)

Cwm LLC lifted its holdings in shares of Uranium Energy Corp. (NYSEAMERICAN:UEC) by 22.2% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 9,784 shares of the basic materials company’s stock after purchasing an additional 1,776 shares during the quarter. Cwm LLC’s holdings in Uranium Energy were worth $63,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Millburn Ridgefield Corp bought a new stake in Uranium Energy in the 3rd quarter worth approximately $27,000. Catalyst Capital Advisors LLC bought a new stake in Uranium Energy in the 3rd quarter worth approximately $27,000. Farmers & Merchants Trust Co of Chambersburg PA bought a new stake in Uranium Energy in the 4th quarter worth approximately $27,000. Stonehage Fleming Financial Services Holdings Ltd bought a new stake in Uranium Energy in the 3rd quarter worth approximately $33,000. Finally, CVA Family Office LLC bought a new stake in Uranium Energy in the 4th quarter worth approximately $38,000. Hedge funds and other institutional investors own 62.28% of the company’s stock.

Insider Activity

In related news, Director David Kong sold 26,000 shares of the company’s stock in a transaction on Tuesday, March 12th. The stock was sold at an average price of $6.81, for a total value of $177,060.00. Following the sale, the director now directly owns 154,085 shares of the company’s stock, valued at $1,049,318.85. The sale was disclosed in a legal filing with the SEC, which is available through the SEC website. Insiders own 2.90% of the company’s stock.

Wall Street Analyst Weigh In

UEC has been the subject of a number of recent research reports. Eight Capital boosted their target price on Uranium Energy from $7.00 to $13.00 and gave the stock a “buy” rating in a research report on Monday, January 15th. HC Wainwright boosted their price objective on Uranium Energy from $8.25 to $9.75 and gave the company a “buy” rating in a research report on Thursday, January 18th. One investment analyst has rated the stock with a sell rating and five have given a buy rating to the company’s stock. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $8.80.

Uranium Energy Stock Down 3.2 %

Shares of UEC stock opened at $7.06 on Thursday. Uranium Energy Corp. has a fifty-two week low of $2.45 and a fifty-two week high of $8.34. The company has a 50 day moving average of $6.38. The company has a market capitalization of $2.85 billion, a P/E ratio of -706.00 and a beta of 1.83.

Uranium Energy (NYSEAMERICAN:UEC) last posted its earnings results on Monday, March 11th. The basic materials company reported $0.01 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.01. Uranium Energy had a negative return on equity of 1.11% and a negative net margin of 8.20%. The firm had revenue of $0.12 million for the quarter, compared to analysts’ expectations of $16.00 million. On average, equities analysts forecast that Uranium Energy Corp. will post 0.08 EPS for the current year.

About Uranium Energy

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.