Deutsche Bank AG Acquires New Position in USA Rare Earth Inc. $USAR

Deutsche Bank AG bought a new position in USA Rare Earth Inc. (NASDAQ:USAR - Free Report) in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund bought 241,698 shares of the company's stock, valued at approximately $5,216,000. Deutsche Bank AG owned 0.11% of USA Rare Earth as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors also recently bought and sold shares of USAR. Bayshore Capital Advisors LLC acquired a new stake in shares of USA Rare Earth during the fourth quarter worth $102,378,000. Vanguard Group Inc. lifted its position in USA Rare Earth by 533.3% during the fourth quarter. Vanguard Group Inc. now owns 6,036,486 shares of the company's stock worth $71,834,000 after buying an additional 5,083,288 shares during the period. Alyeska Investment Group L.P. boosted its stake in USA Rare Earth by 44.0% in the 3rd quarter. Alyeska Investment Group L.P. now owns 12,799,325 shares of the company's stock worth $219,034,000 after buying an additional 3,909,455 shares during the last quarter. Inflection Point Holdings II LLC acquired a new stake in USA Rare Earth in the 4th quarter worth about $37,188,000. Finally, State Street Corp grew its holdings in USA Rare Earth by 78.4% in the 4th quarter. State Street Corp now owns 5,032,866 shares of the company's stock valued at $59,891,000 after buying an additional 2,212,177 shares during the period.

USA Rare Earth Stock Down 5.0%

USAR opened at $18.29 on Tuesday. USA Rare Earth Inc. has a 52-week low of $11.45 and a 52-week high of $43.98. The company has a 50 day moving average of $18.45 and a two-hundred day moving average of $20.16. The company has a market cap of $4.08 billion, a P/E ratio of -7.53 and a beta of 2.55.

USA Rare Earth (NASDAQ:USAR - Get Free Report) last issued its earnings results on Monday, August 10th. The company reported ($0.15) EPS for the quarter, missing analysts' consensus estimates of ($0.07) by ($0.08). The firm had revenue of $5.82 million for the quarter. Research analysts anticipate that USA Rare Earth Inc. will post -0.62 earnings per share for the current year.

Insider Transactions at USA Rare Earth

In other USA Rare Earth news, Director Carolyn Trabuco sold 13,000 shares of the firm's stock in a transaction dated Monday, June 8th. The stock was sold at an average price of $22.77, for a total value of $296,010.00. Following the transaction, the director directly owned 18,783 shares of the company's stock, valued at $427,688.91. This trade represents a 40.90% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Corporate insiders own 9.10% of the company's stock.

Analyst Ratings Changes

A number of research analysts have recently commented on USAR shares. Cantor Fitzgerald reaffirmed an "overweight" rating on shares of USA Rare Earth in a research note on Tuesday, August 11th. Wall Street Zen raised shares of USA Rare Earth from a "strong sell" rating to a "sell" rating in a research report on Saturday, May 16th. Roth Capital lowered their target price on shares of USA Rare Earth from $40.00 to $30.00 and set a "buy" rating for the company in a report on Tuesday, July 21st. Needham & Company LLC dropped their price target on shares of USA Rare Earth from $39.00 to $33.00 and set a "buy" rating for the company in a research report on Wednesday, July 22nd. Finally, Benchmark reaffirmed a "buy" rating on shares of USA Rare Earth in a research note on Wednesday, June 3rd. Nine research analysts have rated the stock with a Buy rating and one has issued a Sell rating to the company's stock. Based on data from MarketBeat.com, USA Rare Earth presently has a consensus rating of "Moderate Buy" and an average target price of $35.83.

USA Rare Earth Company Profile

USA Rare Earth NASDAQ: USAR is a development-stage critical minerals company focused on advancing a fully integrated rare earth element (REE) and lithium project in the United States. Its flagship asset is the Round Top deposit in West Texas, a large, polymetallic concentration of light and heavy rare earth elements, lithium and other co-products. The company seeks to move this asset through resource delineation, pilot-scale processing and eventual commercial production to address growing domestic demand for secure REE supply chains.

In addition to exploration, USA Rare Earth is engineering an on-site separation facility that will utilize dry magnetic separation and hydrometallurgical flowsheets to produce mixed rare earth carbonates.

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