342,012 Shares in Uranium Energy Corp. (NYSEAMERICAN:UEC) Purchased by Neo Ivy Capital Management

Neo Ivy Capital Management purchased a new position in shares of Uranium Energy Corp. (NYSEAMERICAN:UEC - Free Report) during the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund purchased 342,012 shares of the basic materials company's stock, valued at approximately $2,288,000. Neo Ivy Capital Management owned about 0.08% of Uranium Energy at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently bought and sold shares of UEC. Delta Investment Management LLC purchased a new stake in shares of Uranium Energy in the 4th quarter valued at approximately $118,000. Vanguard Capital Wealth Advisors raised its stake in shares of Uranium Energy by 19.1% in the 4th quarter. Vanguard Capital Wealth Advisors now owns 89,900 shares of the basic materials company's stock valued at $601,000 after acquiring an additional 14,400 shares during the period. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC raised its stake in shares of Uranium Energy by 43.9% in the 4th quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 943,603 shares of the basic materials company's stock valued at $6,313,000 after acquiring an additional 287,657 shares during the period. Tidal Investments LLC increased its stake in Uranium Energy by 42.4% during the 4th quarter. Tidal Investments LLC now owns 103,102 shares of the basic materials company's stock worth $690,000 after buying an additional 30,700 shares during the period. Finally, Sherbrooke Park Advisers LLC purchased a new stake in Uranium Energy during the 4th quarter worth approximately $301,000. 62.28% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

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

Uranium Energy Stock Performance

Shares of Uranium Energy stock opened at $5.16 on Friday. The company has a market cap of $2.18 billion, a P/E ratio of -43.00 and a beta of 1.88. Uranium Energy Corp. has a one year low of $3.85 and a one year high of $8.93. The firm has a fifty day moving average of $5.07 and a two-hundred day moving average of $6.42.

Uranium Energy 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.

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