Uranium Energy Corp. (NYSEAMERICAN:UEC) Shares Sold by Zurcher Kantonalbank Zurich Cantonalbank

Zurcher Kantonalbank Zurich Cantonalbank trimmed its holdings in shares of Uranium Energy Corp. (NYSEAMERICAN:UEC) by 1.8% in the 3rd quarter, HoldingsChannel.com reports. The fund owned 190,152 shares of the basic materials company’s stock after selling 3,510 shares during the quarter. Zurcher Kantonalbank Zurich Cantonalbank’s holdings in Uranium Energy were worth $1,179,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also made changes to their positions in the business. Vontobel Holding Ltd. grew its holdings in Uranium Energy by 3.9% during the third quarter. Vontobel Holding Ltd. now owns 38,548 shares of the basic materials company’s stock worth $239,000 after acquiring an additional 1,461 shares during the period. Choreo LLC grew its stake in shares of Uranium Energy by 11.0% during the 2nd quarter. Choreo LLC now owns 24,505 shares of the basic materials company’s stock worth $141,000 after purchasing an additional 2,420 shares during the period. Wealth Enhancement Advisory Services LLC increased its holdings in shares of Uranium Energy by 7.2% during the 2nd quarter. Wealth Enhancement Advisory Services LLC now owns 38,436 shares of the basic materials company’s stock valued at $231,000 after purchasing an additional 2,585 shares in the last quarter. Fiduciary Trust Co lifted its stake in shares of Uranium Energy by 12.4% in the 3rd quarter. Fiduciary Trust Co now owns 23,660 shares of the basic materials company’s stock valued at $147,000 after purchasing an additional 2,619 shares during the period. Finally, Confluence Investment Management LLC lifted its stake in shares of Uranium Energy by 4.1% in the 3rd quarter. Confluence Investment Management LLC now owns 82,252 shares of the basic materials company’s stock valued at $511,000 after purchasing an additional 3,207 shares during the period. 62.28% of the stock is owned by hedge funds and other institutional investors.

Uranium Energy Stock Up 4.6 %

Shares of NYSEAMERICAN:UEC opened at $8.57 on Friday. The stock has a market cap of $3.52 billion, a price-to-earnings ratio of -142.73 and a beta of 1.84. The company’s 50 day simple moving average is $6.50. Uranium Energy Corp. has a 1 year low of $4.06 and a 1 year high of $8.77.

Uranium Energy (NYSEAMERICAN:UEC) last announced its earnings results on Thursday, September 26th. The basic materials company reported ($0.03) earnings per share (EPS) for the quarter. As a group, analysts forecast that Uranium Energy Corp. will post 0.09 earnings per share for the current year.

Analyst Upgrades and Downgrades

Several research firms recently commented on UEC. Roth Mkm restated a “buy” rating and set a $10.25 price target (up previously from $9.75) on shares of Uranium Energy in a research report on Wednesday, October 23rd. HC Wainwright reissued a “buy” rating and set a $10.25 target price on shares of Uranium Energy in a research note on Tuesday, September 24th.

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.