BW Gestao de Investimentos Ltda. Invests $2.01 Million in Uranium Energy Corp. (NYSEAMERICAN:UEC)

BW Gestao de Investimentos Ltda. acquired a new stake in shares of Uranium Energy Corp. (NYSEAMERICAN:UEC - Free Report) in the 4th quarter, according to the company in its most recent disclosure with the SEC. The institutional investor acquired 300,000 shares of the basic materials company's stock, valued at approximately $2,007,000. BW Gestao de Investimentos Ltda. owned approximately 0.07% of Uranium Energy at the end of the most recent quarter.

A number of other hedge funds also recently bought and sold shares of UEC. Barclays PLC boosted its position in shares of Uranium Energy by 394.5% during the 3rd quarter. Barclays PLC now owns 697,045 shares of the basic materials company's stock valued at $4,329,000 after acquiring an additional 556,081 shares during the last quarter. Tidal Investments LLC boosted its holdings in Uranium Energy by 11.1% in the 3rd quarter. Tidal Investments LLC now owns 72,402 shares of the basic materials company's stock valued at $450,000 after purchasing an additional 7,220 shares during the last quarter. B. Riley Wealth Advisors Inc. purchased a new stake in shares of Uranium Energy in the 3rd quarter valued at approximately $174,000. GAMMA Investing LLC increased its holdings 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 worth $29,000 after buying an additional 2,789 shares during the last quarter. Finally, Harbor Capital Advisors Inc. purchased a new stake in shares of Uranium Energy during the 4th quarter valued at approximately $1,132,000. Institutional investors and hedge funds own 62.28% of the company's stock.

Analyst Upgrades and Downgrades

UEC has been the topic of several recent analyst reports. National Bank Financial assumed coverage on shares of Uranium Energy in a report on Wednesday, February 12th. They issued an "outperform" rating and a $10.00 price objective on the stock. Stifel Nicolaus set a $10.50 price target on Uranium Energy in a research report on Wednesday, March 12th. HC Wainwright reiterated a "buy" rating and issued a $12.25 price objective on shares of Uranium Energy in a report on Thursday, March 13th. Stifel Canada upgraded Uranium Energy to a "strong-buy" rating in a report on Tuesday, March 11th. Finally, National Bankshares set a $10.00 target price on Uranium Energy and gave the company an "outperform" rating in a research report on Wednesday, February 12th. Four investment analysts have rated the stock with a buy rating and two have issued a strong buy rating to the company's stock. According to MarketBeat, Uranium Energy currently has an average rating of "Buy" and an average price target of $10.60.

Uranium Energy Price Performance

Shares of NYSEAMERICAN:UEC traded up $0.31 on Tuesday, reaching $5.55. The company's stock had a trading volume of 14,441,700 shares, compared to its average volume of 7,787,803. Uranium Energy Corp. has a 52-week low of $3.85 and a 52-week high of $8.93. The stock's 50-day moving average is $5.03 and its two-hundred day moving average is $6.49. The stock has a market capitalization of $2.35 billion, a P/E ratio of -46.25 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.