ExodusPoint Capital Management LP Invests $448,000 in Uranium Energy Corp. (NYSEAMERICAN:UEC)

ExodusPoint Capital Management LP purchased 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 13F filing with the SEC. The firm purchased 66,979 shares of the basic materials company's stock, valued at approximately $448,000.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the company. Captrust Financial Advisors bought a new position in Uranium Energy during the third quarter valued at $170,000. Integrated Wealth Concepts LLC raised its stake in shares of Uranium Energy by 4.4% during the third quarter. Integrated Wealth Concepts LLC now owns 36,773 shares of the basic materials company's stock valued at $228,000 after acquiring an additional 1,560 shares in the last quarter. Wellington Management Group LLP bought a new stake in Uranium Energy during the 3rd quarter valued at $4,512,000. National Bank of Canada FI raised its holdings in shares of Uranium Energy by 29.7% in the third quarter. National Bank of Canada FI now owns 7,485 shares of the basic materials company's stock valued at $46,000 after acquiring an additional 1,713 shares in the last quarter. Finally, Barclays PLC lifted its holdings 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 purchasing an additional 556,081 shares during the last quarter. 62.28% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

A number of research analysts have issued reports on UEC shares. National Bankshares set a $10.00 price target on shares of Uranium Energy and gave the stock an "outperform" rating in a report on Wednesday, February 12th. HC Wainwright reissued a "buy" rating and issued a $12.25 price objective on shares of Uranium Energy in a report on Thursday, March 13th. National Bank Financial started 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 for the company. Stifel Canada raised shares of Uranium Energy to a "strong-buy" rating in a report on Tuesday, March 11th. Finally, Stifel Nicolaus set a $10.50 price target on Uranium Energy in a report on Wednesday, March 12th. Four research 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, the company currently has an average rating of "Buy" and an average target price of $10.60.

Uranium Energy Price Performance

UEC traded up $0.23 during trading on Friday, reaching $5.05. 7,017,906 shares of the stock were exchanged, compared to its average volume of 7,690,177. The company has a market capitalization of $2.14 billion, a price-to-earnings ratio of -42.08 and a beta of 1.88. Uranium Energy Corp. has a 1 year low of $3.85 and a 1 year high of $8.93. The business's 50 day moving average price is $5.40 and its two-hundred day moving average price is $6.57.

Uranium Energy Company Profile

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.