HTLF Bank Grows Position in Uranium Energy Corp. (NYSEAMERICAN:UEC)

HTLF Bank increased its position in shares of Uranium Energy Corp. (NYSEAMERICAN:UEC) by 40.0% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 63,050 shares of the basic materials company’s stock after acquiring an additional 18,000 shares during the period. HTLF Bank’s holdings in Uranium Energy were worth $379,000 at the end of the most recent quarter.

Other hedge funds have also recently bought and sold shares of the company. EntryPoint Capital LLC grew its stake in Uranium Energy by 897.7% during the 1st quarter. EntryPoint Capital LLC now owns 4,340 shares of the basic materials company’s stock worth $29,000 after buying an additional 3,905 shares during the last quarter. AJOVista LLC purchased a new position in shares of Uranium Energy in the 4th quarter valued at approximately $40,000. CWM LLC grew its stake in shares of Uranium Energy by 22.2% in the 4th quarter. CWM LLC now owns 9,784 shares of the basic materials company’s stock valued at $63,000 after purchasing an additional 1,776 shares during the last quarter. EP Wealth Advisors LLC purchased a new position in shares of Uranium Energy in the 4th quarter valued at approximately $64,000. Finally, Parallel Advisors LLC grew its stake in shares of Uranium Energy by 39.7% in the 4th quarter. Parallel Advisors LLC now owns 10,293 shares of the basic materials company’s stock valued at $66,000 after purchasing an additional 2,923 shares during the last quarter. Institutional investors and hedge funds own 62.28% of the company’s stock.

Analyst Upgrades and Downgrades

Several research analysts have weighed in on UEC shares. HC Wainwright reiterated a “buy” rating and issued a $10.25 target price on shares of Uranium Energy in a research note on Wednesday, August 14th. Roth Mkm reaffirmed a “buy” rating and issued a $9.00 target price on shares of Uranium Energy in a report on Wednesday, August 14th. One equities research analyst has rated the stock with a sell rating and five have given a buy rating to the stock. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average price target of $9.35.

Uranium Energy Trading Up 14.5 %

Shares of UEC stock traded up $0.69 during trading hours on Friday, hitting $5.44. The company’s stock had a trading volume of 2,718,533 shares, compared to its average volume of 7,136,754. The stock has a fifty day moving average of $6.60. Uranium Energy Corp. has a twelve month low of $4.01 and a twelve month high of $8.34. The firm has a market capitalization of $2.22 billion, a PE ratio of -180.00 and a beta of 1.86.

Uranium Energy (NYSEAMERICAN:UEC) last announced its earnings results on Friday, June 7th. The basic materials company reported ($0.05) EPS for the quarter, missing analysts’ consensus estimates of $0.01 by ($0.06). Uranium Energy had a negative net margin of 8.20% and a negative return on equity of 3.05%. On average, analysts anticipate that Uranium Energy Corp. will post 0.01 earnings per share for the current fiscal year.

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.