17,190 Shares in Uranium Energy Corp. (NYSEAMERICAN:UEC) Bought by GWN Securities Inc.

GWN Securities Inc. purchased a new position in shares of Uranium Energy Corp. (NYSEAMERICAN:UEC) during the fourth quarter, Holdings Channel reports. The institutional investor purchased 17,190 shares of the basic materials company’s stock, valued at approximately $115,000.

A number of other hedge funds have also bought and sold shares of the business. Harbour Investments Inc. lifted its holdings in Uranium Energy by 947.4% during the fourth quarter. Harbour Investments Inc. now owns 3,886 shares of the basic materials company’s stock worth $26,000 after acquiring an additional 3,515 shares during the period. Royce & Associates LP lifted its holdings in Uranium Energy by 61.5% during the fourth quarter. Royce & Associates LP now owns 210,000 shares of the basic materials company’s stock worth $1,405,000 after acquiring an additional 80,000 shares during the period. Swiss National Bank lifted its holdings in Uranium Energy by 1.4% during the fourth quarter. Swiss National Bank now owns 809,200 shares of the basic materials company’s stock worth $5,414,000 after acquiring an additional 11,300 shares during the period. Avantax Advisory Services Inc. bought a new stake in Uranium Energy during the fourth quarter worth $291,000. Finally, Summit X LLC bought a new stake in Uranium Energy during the fourth quarter worth $69,000. 62.28% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

UEC has been the topic of a number of recent analyst reports. National Bank Financial started coverage on Uranium Energy in a report on Wednesday, February 12th. They set an “outperform” rating and a $10.00 price target on the stock. HC Wainwright reissued a “buy” rating and issued a $12.25 target price on shares of Uranium Energy in a research report on Thursday, March 13th. Stifel Nicolaus set a $10.50 target price on Uranium Energy in a research report on Wednesday, March 12th. Stifel Canada raised Uranium Energy to a “strong-buy” rating in a research report on Tuesday, March 11th. Finally, National Bankshares set a $10.00 target price on Uranium Energy and gave the stock an “outperform” rating in a research report on Wednesday, February 12th. Four analysts have rated the stock with a buy rating and two have given a strong buy rating to the stock. Based on data from MarketBeat, the company presently has an average rating of “Buy” and an average target price of $10.60.

Uranium Energy Stock Performance

Shares of NYSEAMERICAN UEC opened at $5.52 on Wednesday. The stock has a market cap of $2.34 billion, a PE ratio of -46.00 and a beta of 1.88. Uranium Energy Corp. has a fifty-two week low of $4.06 and a fifty-two week high of $8.93. The stock has a fifty day moving average of $6.57 and a 200-day moving average of $6.87.

Uranium Energy Company 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.