Uranium Energy Corp. (NYSEAMERICAN:UEC) Shares Bought by Swiss National Bank

Swiss National Bank increased its stake in Uranium Energy Corp. (NYSEAMERICAN:UEC) by 1.4% in the 4th quarter, HoldingsChannel.com reports. The firm owned 809,200 shares of the basic materials company’s stock after buying an additional 11,300 shares during the quarter. Swiss National Bank’s holdings in Uranium Energy were worth $5,414,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. GAMMA Investing LLC increased its position in shares of Uranium Energy by 180.1% during the 4th quarter. GAMMA Investing LLC now owns 4,338 shares of the basic materials company’s stock valued at $29,000 after purchasing an additional 2,789 shares during the period. BNP Paribas acquired a new stake in shares of Uranium Energy in the third quarter valued at $38,000. National Bank of Canada FI grew its holdings in Uranium Energy by 29.7% during the third quarter. National Bank of Canada FI now owns 7,485 shares of the basic materials company’s stock worth $46,000 after acquiring an additional 1,713 shares during the period. Stonehage Fleming Financial Services Holdings Ltd raised its position in Uranium Energy by 21.1% in the fourth quarter. Stonehage Fleming Financial Services Holdings Ltd now owns 7,870 shares of the basic materials company’s stock worth $53,000 after acquiring an additional 1,370 shares in the last quarter. Finally, Total Wealth Planning LLC acquired a new stake in Uranium Energy in the 4th quarter valued at about $67,000. Institutional investors own 62.28% of the company’s stock.

Wall Street Analyst Weigh In

A number of research firms recently commented on UEC. National Bank Financial began coverage on shares of Uranium Energy in a report on Wednesday, February 12th. They issued an “outperform” rating and a $10.00 target price on the stock. Stifel Nicolaus set a $10.50 price target on Uranium Energy in a report on Wednesday, March 12th. HC Wainwright reissued a “buy” rating and set a $12.25 price objective on shares of Uranium Energy in a research note on Thursday, March 13th. 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 price target on Uranium Energy and gave the company an “outperform” rating in a research report on Wednesday, February 12th. Four investment 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.com, Uranium Energy has an average rating of “Buy” and an average price target of $10.60.

Uranium Energy Price Performance

Shares of NYSEAMERICAN:UEC opened at $5.53 on Tuesday. The company has a market cap of $2.34 billion, a P/E ratio of -46.08 and a beta of 1.88. The company’s fifty day moving average is $6.45 and its two-hundred day moving average is $6.83. Uranium Energy Corp. has a 12-month low of $4.06 and a 12-month high of $8.93.

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.