Emerald Mutual Fund Advisers Trust Purchases Shares of 1,030,480 Uranium Energy Corp. (NYSEAMERICAN:UEC)

Emerald Mutual Fund Advisers Trust bought a new position in Uranium Energy Corp. (NYSEAMERICAN:UEC - Free Report) in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor bought 1,030,480 shares of the basic materials company's stock, valued at approximately $6,894,000. Emerald Mutual Fund Advisers Trust owned 0.24% of Uranium Energy at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in UEC. Harbour Investments Inc. raised its holdings in shares of Uranium Energy by 947.4% in the 4th 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 during the period. GAMMA Investing LLC raised its holdings in shares of Uranium Energy by 180.1% in the 4th quarter. GAMMA Investing LLC now owns 4,338 shares of the basic materials company's stock valued at $29,000 after purchasing an additional 2,789 shares during the period. Generali Investments Management Co LLC bought a new stake in shares of Uranium Energy in the 4th quarter valued at about $30,000. Stonehage Fleming Financial Services Holdings Ltd raised its holdings in shares of Uranium Energy by 21.1% in 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 purchasing an additional 1,370 shares during the period. Finally, Total Wealth Planning LLC bought a new stake in shares of Uranium Energy in the 4th quarter valued at about $67,000. 62.28% of the stock is owned by institutional investors and hedge funds.

Uranium Energy Price Performance

Shares of Uranium Energy stock traded up $0.02 on Thursday, hitting $5.27. 7,276,085 shares of the company's stock traded hands, compared to its average volume of 7,740,307. Uranium Energy Corp. has a one year low of $3.85 and a one year high of $8.93. The company has a fifty day moving average of $5.06 and a two-hundred day moving average of $6.50. The company has a market capitalization of $2.23 billion, a price-to-earnings ratio of -43.92 and a beta of 1.88.

Analysts Set New Price Targets

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