Ur-Energy Inc. (NYSEAMERICAN:URG) Shares Sold by Alyeska Investment Group L.P.

Alyeska Investment Group L.P. decreased its stake in shares of Ur-Energy Inc. (NYSEAMERICAN:URG - Free Report) TSE: URE by 40.3% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 6,543,059 shares of the basic materials company's stock after selling 4,413,483 shares during the quarter. Alyeska Investment Group L.P. owned about 1.80% of Ur-Energy worth $7,525,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also made changes to their positions in URG. Vanguard Group Inc. grew its position in Ur-Energy by 5.8% during the 4th quarter. Vanguard Group Inc. now owns 13,972,880 shares of the basic materials company's stock worth $16,069,000 after purchasing an additional 768,541 shares during the period. Geode Capital Management LLC grew its holdings in Ur-Energy by 3.3% during the fourth quarter. Geode Capital Management LLC now owns 4,015,167 shares of the basic materials company's stock worth $4,617,000 after acquiring an additional 128,512 shares during the period. CenterBook Partners LP purchased a new position in Ur-Energy during the fourth quarter valued at approximately $4,574,000. Northern Trust Corp lifted its holdings in Ur-Energy by 10.8% in the fourth quarter. Northern Trust Corp now owns 2,240,511 shares of the basic materials company's stock valued at $2,577,000 after acquiring an additional 218,160 shares during the period. Finally, Acuitas Investments LLC purchased a new stake in Ur-Energy in the 4th quarter worth approximately $2,340,000. Hedge funds and other institutional investors own 57.51% of the company's stock.

Analysts Set New Price Targets

A number of analysts have recently commented on URG shares. Alliance Global Partners restated a "buy" rating on shares of Ur-Energy in a research report on Tuesday, April 15th. HC Wainwright restated a "buy" rating and set a $2.70 price objective on shares of Ur-Energy in a research report on Tuesday, April 15th. Four equities research analysts have rated the stock with a buy rating and one has issued a strong buy rating to the company's stock. According to data from MarketBeat.com, Ur-Energy has an average rating of "Buy" and a consensus price target of $2.30.

Ur-Energy Trading Up 2.4 %

Shares of Ur-Energy stock traded up $0.02 during mid-day trading on Friday, hitting $0.71. 2,156,340 shares of the stock were exchanged, compared to its average volume of 4,173,453. The stock has a market capitalization of $258.77 million, a price-to-earnings ratio of -5.47 and a beta of 1.10. Ur-Energy Inc. has a twelve month low of $0.55 and a twelve month high of $1.88. The company has a 50-day simple moving average of $0.73 and a 200 day simple moving average of $1.04.

Ur-Energy Company Profile

Ur-Energy Inc engages in the acquisition, exploration, development, and operation of uranium mineral properties. The company holds interests in 12 projects located in the United States. Its flagship property is the Lost Creek project comprising a total of approximately 1,800 unpatented mining claims and three Wyoming mineral leases covering an area of approximately 35,400 acres located in the Great Divide Basin, Wyoming.