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

Oxford Asset Management LLP acquired a new position in Uranium Energy Corp. (NYSEAMERICAN:UEC - Free Report) during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor acquired 84,893 shares of the basic materials company's stock, valued at approximately $568,000.

A number of other institutional investors and hedge funds also recently made changes to their positions in UEC. Harbour Investments Inc. grew its position in shares of Uranium Energy by 947.4% during the 4th quarter. Harbour Investments Inc. now owns 3,886 shares of the basic materials company's stock valued at $26,000 after acquiring an additional 3,515 shares during the period. GAMMA Investing LLC grew its position in shares of Uranium Energy by 180.1% during the 4th quarter. GAMMA Investing LLC now owns 4,338 shares of the basic materials company's stock valued at $29,000 after acquiring an additional 2,789 shares during the period. Generali Investments Management Co LLC bought a new stake in shares of Uranium Energy during the 4th quarter valued at $30,000. Stonehage Fleming Financial Services Holdings Ltd grew its position in shares of 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 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 during the 4th quarter valued at $67,000. Hedge funds and other institutional investors own 62.28% of the company's stock.

Wall Street Analysts Forecast Growth

UEC has been the subject of a number of recent research reports. National Bankshares set a $10.00 price objective on shares of Uranium Energy and gave the company an "outperform" rating in a research report on Wednesday, February 12th. HC Wainwright reaffirmed a "buy" rating and issued a $12.25 target price on shares of Uranium Energy in a report on Thursday, March 13th. National Bank Financial initiated coverage on shares of Uranium Energy in a report on Wednesday, February 12th. They issued an "outperform" rating and a $10.00 target price for the company. Stifel Nicolaus set a $10.50 target price on shares of Uranium Energy in a report on Wednesday, March 12th. Finally, Stifel Canada raised shares of Uranium Energy to a "strong-buy" rating in a report on Tuesday, March 11th. Four investment analysts have rated the stock with a buy rating and two have assigned a strong buy rating to the company. Based on data from MarketBeat.com, Uranium Energy currently has an average rating of "Buy" and a consensus price target of $10.60.

Uranium Energy Stock Performance

Uranium Energy stock traded up $0.02 during mid-day trading on Thursday, reaching $5.27. 7,275,599 shares of the company were exchanged, compared to its average volume of 7,754,288. Uranium Energy Corp. has a 12-month low of $3.85 and a 12-month high of $8.93. The business has a fifty day moving average of $5.08 and a 200 day moving average of $6.51. The firm has a market cap of $2.23 billion, a P/E ratio of -43.92 and a beta of 1.88.

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.