1,360,291 Shares in Uranium Energy Corp. (NYSEAMERICAN:UEC) Acquired by Universal Beteiligungs und Servicegesellschaft mbH

Universal Beteiligungs und Servicegesellschaft mbH purchased a new stake in shares of Uranium Energy Corp. (NYSEAMERICAN:UEC - Free Report) during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor purchased 1,360,291 shares of the basic materials company's stock, valued at approximately $9,100,000. Universal Beteiligungs und Servicegesellschaft mbH owned approximately 0.32% of Uranium Energy as of its most recent SEC filing.

Several other institutional investors have also bought and sold shares of the business. Van ECK Associates Corp lifted its position in Uranium Energy by 33.2% in the fourth quarter. Van ECK Associates Corp now owns 6,602,890 shares of the basic materials company's stock worth $44,174,000 after buying an additional 1,645,919 shares during the last quarter. Barclays PLC lifted its holdings in shares of Uranium Energy by 394.5% in the 3rd quarter. Barclays PLC now owns 697,045 shares of the basic materials company's stock worth $4,329,000 after acquiring an additional 556,081 shares during the last quarter. Strategic Financial Concepts LLC purchased a new position in shares of Uranium Energy during the 4th quarter worth about $323,000. Riggs Asset Managment Co. Inc. grew its holdings in Uranium Energy by 113.6% during the 4th quarter. Riggs Asset Managment Co. Inc. now owns 172,386 shares of the basic materials company's stock valued at $1,184,000 after purchasing an additional 91,665 shares during the last quarter. Finally, American Century Companies Inc. raised its position in Uranium Energy by 194.6% in the 4th quarter. American Century Companies Inc. now owns 1,143,327 shares of the basic materials company's stock worth $7,649,000 after purchasing an additional 755,285 shares during the period. Institutional investors own 62.28% of the company's stock.

Uranium Energy Trading Up 11.8%

Shares of NYSEAMERICAN:UEC traded up $0.67 on Tuesday, reaching $6.36. The company had a trading volume of 24,109,506 shares, compared to its average volume of 8,549,522. The firm has a market capitalization of $2.69 billion, a PE ratio of -53.00 and a beta of 1.88. Uranium Energy Corp. has a 52-week low of $3.85 and a 52-week high of $8.93. The firm's 50 day simple moving average is $5.18 and its 200-day simple moving average is $6.44.

Analysts Set New Price Targets

UEC has been the subject of several recent analyst reports. National Bankshares set a $10.00 target price on Uranium Energy and gave the company an "outperform" rating in a research report on Wednesday, February 12th. National Bank Financial began coverage on Uranium Energy in a report on Wednesday, February 12th. They set an "outperform" rating and a $10.00 price objective for the company. Stifel Nicolaus set a $10.50 price objective on Uranium Energy in a research report on Wednesday, March 12th. BMO Capital Markets initiated coverage on Uranium Energy in a research report on Tuesday. They set an "outperform" rating and a $7.75 target price for the company. Finally, Stifel Canada upgraded shares of Uranium Energy to a "strong-buy" rating in a report on Tuesday, March 11th. Five analysts have rated the stock with a buy rating and two have given a strong buy rating to the company. Based on data from MarketBeat, the stock presently has a consensus rating of "Buy" and a consensus price target of $10.13.

About Uranium Energy

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.