UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC Boosts Stock Holdings in Uranium Energy Corp. (NYSEAMERICAN:UEC)

UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC grew its position in Uranium Energy Corp. (NYSEAMERICAN:UEC - Free Report) by 43.9% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 943,603 shares of the basic materials company's stock after purchasing an additional 287,657 shares during the quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC owned about 0.22% of Uranium Energy worth $6,313,000 as of its most recent SEC filing.

A number of other large investors have also added to or reduced their stakes in UEC. Harbour Investments Inc. boosted 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 in the last quarter. Generali Investments Management Co LLC acquired a new stake in shares of Uranium Energy in the 4th quarter valued at $30,000. Altshuler Shaham Ltd acquired a new stake in shares of Uranium Energy in the 4th quarter valued at $67,000. Summit X LLC acquired a new stake in shares of Uranium Energy in the 4th quarter valued at $69,000. Finally, SLT Holdings LLC acquired a new stake in shares of Uranium Energy in the 4th quarter valued at $70,000. Institutional investors and hedge funds own 62.28% of the company's stock.

Wall Street Analysts Forecast Growth

A number of research analysts have recently commented on the company. HC Wainwright reiterated a "buy" rating and issued a $12.25 price target on shares of Uranium Energy in a research note on Thursday, March 13th. Stifel Canada raised Uranium Energy to a "strong-buy" rating in a research report on Tuesday, March 11th. Stifel Nicolaus set a $10.50 target price on Uranium Energy in a research report on Wednesday, March 12th. National Bank Financial started coverage on Uranium Energy in a research report on Wednesday, February 12th. They set an "outperform" rating and a $10.00 target price for the company. Finally, National Bankshares set a $10.00 target price on Uranium Energy and gave the stock an "outperform" rating in a research report on Wednesday, February 12th. Five investment 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 an average rating of "Buy" and an average target price of $10.13.

Uranium Energy Trading Up 0.2%

Shares of UEC traded up $0.02 during mid-day trading on Friday, reaching $6.14. 2,329,624 shares of the stock traded hands, compared to its average volume of 8,566,217. The firm has a fifty day moving average price of $5.25 and a 200 day moving average price of $6.45. The company has a market cap of $2.60 billion, a price-to-earnings ratio of -51.29 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.

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.