Integrated Wealth Concepts LLC Decreases Stake in Energy Fuels Inc. (NYSE:UUUU)

Integrated Wealth Concepts LLC cut its stake in shares of Energy Fuels Inc. (NYSE:UUUU) by 43.7% during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 20,520 shares of the company’s stock after selling 15,896 shares during the quarter. Integrated Wealth Concepts LLC’s holdings in Energy Fuels were worth $113,000 as of its most recent SEC filing.

Other hedge funds have also recently made changes to their positions in the company. Eastern Bank purchased a new position in Energy Fuels during the 3rd quarter worth approximately $27,000. Ashton Thomas Private Wealth LLC purchased a new position in shares of Energy Fuels during the second quarter worth $31,000. Signaturefd LLC lifted its position in Energy Fuels by 261.7% during the third quarter. Signaturefd LLC now owns 5,972 shares of the company’s stock valued at $33,000 after purchasing an additional 4,321 shares during the period. Northwest & Ethical Investments L.P. purchased a new stake in Energy Fuels in the third quarter valued at $53,000. Finally, Hilltop Holdings Inc. acquired a new stake in Energy Fuels during the 3rd quarter worth about $55,000. 48.24% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Several equities analysts have recently issued reports on the company. Roth Mkm decreased their price objective on Energy Fuels from $6.00 to $5.50 and set a “neutral” rating for the company in a report on Monday, November 4th. HC Wainwright reiterated a “buy” rating and set a $11.00 price target on shares of Energy Fuels in a research report on Wednesday.

Insider Activity

In other news, Director Dennis Lyle Higgs sold 18,615 shares of Energy Fuels stock in a transaction dated Tuesday, November 19th. The shares were sold at an average price of $7.23, for a total value of $134,586.45. Following the sale, the director now owns 291,422 shares in the company, valued at $2,106,981.06. This trade represents a 6.00 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Company insiders own 1.92% of the company’s stock.

Energy Fuels Stock Performance

UUUU opened at $5.97 on Friday. The company has a fifty day moving average of $6.42 and a two-hundred day moving average of $5.80. The stock has a market capitalization of $1.17 billion, a price-to-earnings ratio of -27.14 and a beta of 1.64. Energy Fuels Inc. has a fifty-two week low of $4.19 and a fifty-two week high of $8.21.

Energy Fuels (NYSE:UUUU) last announced its quarterly earnings results on Thursday, October 31st. The company reported ($0.07) earnings per share for the quarter, missing the consensus estimate of ($0.05) by ($0.02). The business had revenue of $4.05 million during the quarter, compared to analysts’ expectations of $5.10 million. Energy Fuels had a negative net margin of 90.40% and a negative return on equity of 9.16%. On average, equities research analysts forecast that Energy Fuels Inc. will post -0.1 earnings per share for the current year.

Energy Fuels Company 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.