Uranium Royalty Corp. (NASDAQ:UROY) Shares Bought by Alps Advisors Inc.

Alps Advisors Inc. increased its stake in shares of Uranium Royalty Corp. (NASDAQ:UROY - Free Report) by 9.9% during the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 2,991,153 shares of the company's stock after buying an additional 269,810 shares during the quarter. Alps Advisors Inc. owned about 2.24% of Uranium Royalty worth $5,264,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently made changes to their positions in the stock. Renaissance Technologies LLC purchased a new stake in shares of Uranium Royalty during the 4th quarter worth approximately $1,062,000. CenterBook Partners LP raised its holdings in Uranium Royalty by 890.9% in the 4th quarter. CenterBook Partners LP now owns 3,435,097 shares of the company's stock valued at $7,523,000 after acquiring an additional 3,088,434 shares during the last quarter. Millennium Management LLC increased its holdings in shares of Uranium Royalty by 3,613.3% during the 4th quarter. Millennium Management LLC now owns 518,784 shares of the company's stock worth $1,136,000 after buying an additional 504,813 shares during the last quarter. Accordant Advisory Group Inc increased its holdings in shares of Uranium Royalty by 718.9% during the 1st quarter. Accordant Advisory Group Inc now owns 2,334,486 shares of the company's stock worth $4,109,000 after buying an additional 2,049,409 shares during the last quarter. Finally, Squarepoint Ops LLC increased its holdings in shares of Uranium Royalty by 298.9% during the 4th quarter. Squarepoint Ops LLC now owns 43,964 shares of the company's stock worth $96,000 after buying an additional 32,943 shares during the last quarter. Hedge funds and other institutional investors own 24.19% of the company's stock.

Analyst Upgrades and Downgrades

Separately, HC Wainwright lowered their price target on Uranium Royalty from $7.70 to $4.50 and set a "buy" rating for the company in a report on Tuesday, April 22nd.

Uranium Royalty Stock Up 0.8%

Shares of Uranium Royalty stock traded up $0.02 during trading hours on Tuesday, hitting $2.47. 2,394,183 shares of the company's stock traded hands, compared to its average volume of 2,464,869. The stock has a 50 day simple moving average of $2.25 and a 200-day simple moving average of $2.11. Uranium Royalty Corp. has a twelve month low of $1.43 and a twelve month high of $3.12.

Uranium Royalty Company Profile

Uranium Royalty Corp. operates as a pure-play uranium royalty company. It acquires, accumulates, and manages a portfolio of geographically diversified uranium interests. The company has royalty interests in the McArthur River, Cigar Lake / Waterbury Lake, Roughrider, Russell Lake, Russell Lake south, and Dawn Lake projects in Saskatchewan, Canada; Anderson and San Rafael projects in Arizona; Lance and Reno Creek projects in Wyoming; Church Rock and Roca Honda projects in New Mexico; Dewey-Burdock project in South Dakota; Slick Rock project in Colorado; Langer Heinrich project in Namibia; and Michelin project in Newfoundland and Labrador, Canada; Energy Queen and Whirlwind project in Utah; and Workman Creek projects in Arizona.