Generali Investments Management Co LLC Invests $30,000 in Uranium Energy Corp. (NYSEAMERICAN:UEC)

Generali Investments Management Co LLC acquired a new stake in Uranium Energy Corp. (NYSEAMERICAN:UEC) in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor acquired 4,541 shares of the basic materials company’s stock, valued at approximately $30,000.

Other large investors have also added to or reduced their stakes in the company. Harbour Investments Inc. lifted its holdings in Uranium Energy by 947.4% during the 4th quarter. Harbour Investments Inc. now owns 3,886 shares of the basic materials company’s stock worth $26,000 after buying an additional 3,515 shares during the period. GAMMA Investing LLC lifted its stake in shares of Uranium Energy by 180.1% in the fourth quarter. GAMMA Investing LLC now owns 4,338 shares of the basic materials company’s stock worth $29,000 after acquiring an additional 2,789 shares during the period. BNP Paribas bought a new stake in Uranium Energy in the third quarter valued at approximately $38,000. National Bank of Canada FI increased its position in Uranium Energy by 29.7% during the 3rd quarter. National Bank of Canada FI now owns 7,485 shares of the basic materials company’s stock valued at $46,000 after purchasing an additional 1,713 shares during the period. Finally, Stonehage Fleming Financial Services Holdings Ltd raised its holdings in Uranium Energy by 21.1% during the 4th quarter. Stonehage Fleming Financial Services Holdings Ltd now owns 7,870 shares of the basic materials company’s stock worth $53,000 after purchasing an additional 1,370 shares during the last quarter. Institutional investors own 62.28% of the company’s stock.

Wall Street Analyst Weigh In

Several research analysts have recently weighed in on UEC shares. HC Wainwright reissued a “buy” rating and issued a $12.25 price objective on shares of Uranium Energy in a research report on Thursday, March 13th. Stifel Canada raised Uranium Energy to a “strong-buy” rating in a research note on Tuesday, March 11th. National Bankshares set a $10.00 price objective on shares of Uranium Energy and gave the stock an “outperform” rating in a research report on Wednesday, February 12th. National Bank Financial assumed coverage on shares of Uranium Energy in a research report on Wednesday, February 12th. They set an “outperform” rating and a $10.00 target price on the stock. Finally, Stifel Nicolaus set a $10.50 price target on shares of Uranium Energy in a report on Wednesday, March 12th. Four investment analysts have rated the stock with a buy rating and two have issued a strong buy rating to the stock. According to MarketBeat.com, the stock has a consensus rating of “Buy” and a consensus price target of $10.60.

Uranium Energy Price Performance

UEC opened at $5.51 on Thursday. Uranium Energy Corp. has a fifty-two week low of $4.06 and a fifty-two week high of $8.93. The firm has a market capitalization of $2.33 billion, a PE ratio of -45.92 and a beta of 1.88. The company’s 50-day moving average is $6.54 and its 200 day moving average is $6.86.

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.