Uranium Energy Corp. (NYSEAMERICAN:UEC) Shares Bought by GAMMA Investing LLC

GAMMA Investing LLC raised its holdings in shares of Uranium Energy Corp. (NYSEAMERICAN:UEC) by 180.1% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 4,338 shares of the basic materials company’s stock after purchasing an additional 2,789 shares during the period. GAMMA Investing LLC’s holdings in Uranium Energy were worth $29,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently made changes to their positions in UEC. Commonwealth Equity Services LLC raised its stake in Uranium Energy by 16.9% in the second quarter. Commonwealth Equity Services LLC now owns 67,704 shares of the basic materials company’s stock valued at $407,000 after buying an additional 9,787 shares during the last quarter. Choreo LLC increased its holdings in shares of Uranium Energy by 11.0% during the second quarter. Choreo LLC now owns 24,505 shares of the basic materials company’s stock valued at $141,000 after acquiring an additional 2,420 shares in the last quarter. American Century Companies Inc. raised its position in shares of Uranium Energy by 961.2% in the 2nd quarter. American Century Companies Inc. now owns 1,400,076 shares of the basic materials company’s stock valued at $8,414,000 after purchasing an additional 1,268,141 shares during the last quarter. Dimensional Fund Advisors LP boosted its stake in Uranium Energy by 18.9% in the 2nd quarter. Dimensional Fund Advisors LP now owns 5,954,561 shares of the basic materials company’s stock worth $35,786,000 after purchasing an additional 947,773 shares in the last quarter. Finally, One Capital Management LLC purchased a new stake in Uranium Energy during the 2nd quarter worth approximately $526,000. Hedge funds and other institutional investors own 62.28% of the company’s stock.

Uranium Energy Stock Performance

UEC stock opened at $6.90 on Wednesday. The company has a 50-day simple moving average of $6.63. Uranium Energy Corp. has a 12 month low of $4.06 and a 12 month high of $8.93. The firm has a market cap of $2.92 billion, a P/E ratio of -57.50 and a beta of 1.84.

Analysts Set New Price Targets

Several equities analysts recently issued reports on the company. Roth Mkm reissued a “buy” rating and issued a $10.25 target price (up from $9.75) on shares of Uranium Energy in a research report on Wednesday, October 23rd. HC Wainwright increased their price objective on Uranium Energy from $10.25 to $11.00 and gave the company a “buy” rating in a report on Monday, December 9th.

Uranium Energy 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.