Energy Fuels Inc. (NYSE:UUUU) Stock Position Boosted by Rhumbline Advisers

Rhumbline Advisers raised its stake in shares of Energy Fuels Inc. (NYSE:UUUU) by 17.3% during the 2nd quarter, Holdings Channel reports. The institutional investor owned 277,744 shares of the company’s stock after buying an additional 40,915 shares during the period. Rhumbline Advisers’ holdings in Energy Fuels were worth $1,683,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Lynx Investment Advisory acquired a new position in shares of Energy Fuels during the second quarter valued at approximately $30,000. Optiver Holding B.V. boosted its stake in Energy Fuels by 1,282.2% during the 4th quarter. Optiver Holding B.V. now owns 4,423 shares of the company’s stock valued at $32,000 after purchasing an additional 4,103 shares in the last quarter. Russell Investments Group Ltd. increased its position in shares of Energy Fuels by 956.1% during the 4th quarter. Russell Investments Group Ltd. now owns 12,494 shares of the company’s stock valued at $90,000 after purchasing an additional 11,311 shares during the period. Principal Financial Group Inc. raised its stake in shares of Energy Fuels by 14.3% in the 1st quarter. Principal Financial Group Inc. now owns 21,111 shares of the company’s stock worth $133,000 after buying an additional 2,639 shares in the last quarter. Finally, Sequoia Financial Advisors LLC lifted its holdings in shares of Energy Fuels by 14.6% in the second quarter. Sequoia Financial Advisors LLC now owns 23,628 shares of the company’s stock valued at $143,000 after buying an additional 3,014 shares during the period. 48.24% of the stock is currently owned by institutional investors.

Energy Fuels Price Performance

NYSE:UUUU opened at $5.31 on Friday. The company has a fifty day moving average of $4.99. The firm has a market cap of $856.35 million, a price-to-earnings ratio of -75.86 and a beta of 1.61. Energy Fuels Inc. has a 1-year low of $4.19 and a 1-year high of $9.02.

Energy Fuels (NYSE:UUUU) last posted its quarterly earnings data on Friday, August 2nd. The company reported ($0.04) EPS for the quarter, beating analysts’ consensus estimates of ($0.06) by $0.02. The company had revenue of $8.72 million during the quarter, compared to analyst estimates of $3.85 million. Energy Fuels had a negative net margin of 27.23% and a negative return on equity of 6.56%. On average, analysts anticipate that Energy Fuels Inc. will post -0.11 EPS for the current year.

Analysts Set New Price Targets

A number of research analysts recently issued reports on UUUU shares. Roth Mkm lowered Energy Fuels from a “buy” rating to a “neutral” rating and lowered their target price for the stock from $6.50 to $6.25 in a report on Wednesday, June 5th. Roth Capital downgraded shares of Energy Fuels from a “strong-buy” rating to a “hold” rating in a report on Wednesday, June 5th. Finally, HC Wainwright cut their target price on shares of Energy Fuels from $10.75 to $10.50 and set a “buy” rating for the company in a research note on Tuesday, August 6th. One research analyst has rated the stock with a sell rating, two have given a hold rating and two have issued a buy rating to the company. According to MarketBeat, Energy Fuels currently has an average rating of “Hold” and an average price target of $8.58.

Energy Fuels Profile

Energy Fuels Inc, together with its subsidiaries, engages in the extraction, recovery, recycling, exploration, permitting, evaluation, and sale of uranium mineral properties in the United States. The company produces and sells vanadium pentoxide, rare earth elements, and heavy mineral sands, such as ilmenite, rutile, zircon, and monazite.