Oxford Asset Management LLP Makes New $568,000 Investment in Uranium Energy Corp. (NYSEAMERICAN:UEC)

Oxford Asset Management LLP bought a new position in shares of Uranium Energy Corp. (NYSEAMERICAN:UEC - Free Report) in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund bought 84,893 shares of the basic materials company's stock, valued at approximately $568,000.

Several other institutional investors and hedge funds also recently made changes to their positions in the business. Harbour Investments Inc. increased its stake in Uranium Energy by 947.4% in the fourth quarter. Harbour Investments Inc. now owns 3,886 shares of the basic materials company's stock valued at $26,000 after purchasing an additional 3,515 shares in the last quarter. GAMMA Investing LLC raised its stake in Uranium Energy by 180.1% during the 4th quarter. GAMMA Investing LLC now owns 4,338 shares of the basic materials company's stock worth $29,000 after buying an additional 2,789 shares during the period. Generali Investments Management Co LLC bought a new position in Uranium Energy during the fourth quarter worth about $30,000. Stonehage Fleming Financial Services Holdings Ltd grew its stake 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 valued at $53,000 after acquiring an additional 1,370 shares during the period. Finally, Total Wealth Planning LLC bought a new stake in shares of Uranium Energy in the fourth quarter worth about $67,000. Institutional investors own 62.28% of the company's stock.

Uranium Energy Price Performance

NYSEAMERICAN:UEC traded up $0.08 during mid-day trading on Friday, reaching $5.35. The stock had a trading volume of 5,192,621 shares, compared to its average volume of 7,730,713. The stock has a 50-day simple moving average of $5.06 and a two-hundred day simple moving average of $6.50. The stock has a market capitalization of $2.26 billion, a PE ratio of -44.54 and a beta of 1.88. Uranium Energy Corp. has a 12 month low of $3.85 and a 12 month high of $8.93.

Wall Street Analysts Forecast Growth

Several equities research analysts have commented on the company. Stifel Canada upgraded Uranium Energy to a "strong-buy" rating in a research note on Tuesday, March 11th. Stifel Nicolaus set a $10.50 target price on shares of Uranium Energy in a report on Wednesday, March 12th. National Bank Financial initiated coverage on shares of Uranium Energy in a research report on Wednesday, February 12th. They set an "outperform" rating and a $10.00 price target on the stock. HC Wainwright restated a "buy" rating and issued a $12.25 price objective on shares of Uranium Energy in a report on Thursday, March 13th. Finally, National Bankshares set a $10.00 target price on Uranium Energy and gave the stock an "outperform" rating in a report on Wednesday, February 12th. Four research analysts have rated the stock with a buy rating and two have issued a strong buy rating to the stock. According to data from MarketBeat, the stock presently has a consensus rating of "Buy" and an average price target of $10.60.

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.