Uranium Energy Corp. (NYSEAMERICAN:UEC) Stock Position Trimmed by Lloyd Harbor Capital Management LLC

Lloyd Harbor Capital Management LLC lowered its holdings in Uranium Energy Corp. (NYSEAMERICAN:UEC - Free Report) by 42.2% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 900,000 shares of the basic materials company's stock after selling 658,383 shares during the period. Uranium Energy makes up 3.9% of Lloyd Harbor Capital Management LLC's portfolio, making the stock its 12th biggest position. Lloyd Harbor Capital Management LLC owned about 0.21% of Uranium Energy worth $6,021,000 as of its most recent SEC filing.

Several other large investors also recently made changes to their positions in the business. Harbour Investments Inc. boosted its stake in shares of Uranium Energy by 947.4% in the fourth 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 during the period. GAMMA Investing LLC boosted its stake in shares of Uranium Energy by 180.1% in the fourth quarter. GAMMA Investing LLC now owns 4,338 shares of the basic materials company's stock valued at $29,000 after purchasing an additional 2,789 shares during the period. Generali Investments Management Co LLC purchased a new position in shares of Uranium Energy in the fourth quarter valued at $30,000. Stonehage Fleming Financial Services Holdings Ltd boosted its stake in shares of Uranium Energy by 21.1% in the fourth quarter. Stonehage Fleming Financial Services Holdings Ltd now owns 7,870 shares of the basic materials company's stock valued at $53,000 after purchasing an additional 1,370 shares during the period. Finally, Total Wealth Planning LLC purchased a new position in shares of Uranium Energy in the fourth quarter valued at $67,000. Institutional investors and hedge funds own 62.28% of the company's stock.

Analyst Ratings Changes

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

Uranium Energy Stock Performance

Shares of Uranium Energy stock traded down $0.33 during trading hours on Friday, reaching $5.29. The company's stock had a trading volume of 9,289,011 shares, compared to its average volume of 7,925,840. The company's 50 day simple moving average is $5.08 and its 200 day simple moving average is $6.44. Uranium Energy Corp. has a one year low of $3.85 and a one year high of $8.93. The stock has a market cap of $2.24 billion, a P/E ratio of -44.08 and a beta of 1.88.

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.