772,833 Shares in Uranium Energy Corp. (NYSEAMERICAN:UEC) Bought by Schonfeld Strategic Advisors LLC

Schonfeld Strategic Advisors LLC bought a new position in shares of Uranium Energy Corp. (NYSEAMERICAN:UEC - Free Report) during the third quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund bought 772,833 shares of the basic materials company's stock, valued at approximately $3,980,000. Schonfeld Strategic Advisors LLC owned about 0.20% of Uranium Energy at the end of the most recent quarter.

A number of other institutional investors have also added to or reduced their stakes in UEC. Arizona State Retirement System increased its holdings in shares of Uranium Energy by 1.9% in the third quarter. Arizona State Retirement System now owns 102,120 shares of the basic materials company's stock valued at $526,000 after purchasing an additional 1,952 shares during the last quarter. LPL Financial LLC boosted its position in shares of Uranium Energy by 5.1% in the third quarter. LPL Financial LLC now owns 48,518 shares of the basic materials company's stock valued at $250,000 after acquiring an additional 2,359 shares during the period. Eqis Capital Management Inc. boosted its position in shares of Uranium Energy by 8.2% in the fourth quarter. Eqis Capital Management Inc. now owns 34,330 shares of the basic materials company's stock valued at $133,000 after acquiring an additional 2,590 shares during the period. Creative Planning boosted its position in shares of Uranium Energy by 10.2% in the second quarter. Creative Planning now owns 29,288 shares of the basic materials company's stock valued at $90,000 after acquiring an additional 2,701 shares during the period. Finally, Price T Rowe Associates Inc. MD boosted its position in shares of Uranium Energy by 2.7% in the second quarter. Price T Rowe Associates Inc. MD now owns 120,911 shares of the basic materials company's stock valued at $372,000 after acquiring an additional 3,215 shares during the period. 49.03% of the stock is currently owned by institutional investors and hedge funds.

Uranium Energy Trading Down 3.3 %

Shares of UEC opened at $6.50 on Wednesday. The stock has a fifty day moving average price of $5.36. Uranium Energy Corp. has a 12-month low of $2.30 and a 12-month high of $8.34.

Uranium Energy (NYSEAMERICAN:UEC - Get Free Report) last issued its quarterly earnings data on Friday, December 8th. The basic materials company reported ($0.01) earnings per share for the quarter. Uranium Energy had a net margin of 3.52% and a return on equity of 0.18%. The company had revenue of $0.11 million for the quarter, compared to the consensus estimate of $13.00 million. As a group, sell-side analysts forecast that Uranium Energy Corp. will post 0.05 earnings per share for the current fiscal year.

Analysts Set New Price Targets

A number of equities research analysts have recently issued reports on UEC shares. Eight Capital boosted their target price on shares of Uranium Energy from $7.00 to $13.00 and gave the company a "buy" rating in a research report on Monday, January 15th. HC Wainwright upped their price objective on shares of Uranium Energy from $8.25 to $9.75 and gave the stock a "buy" rating in a research report on Thursday, January 18th. Finally, TD Securities upped their price objective on shares of Uranium Energy from $7.00 to $8.50 and gave the stock a "speculative buy" rating in a research report on Tuesday, December 12th. One analyst has rated the stock with a sell rating and five have assigned a buy rating to the company's stock. According to MarketBeat.com, Uranium Energy presently has a consensus rating of "Moderate Buy" and an average price target of $8.80.

Insider Activity

In other news, Director Volpe Vincent Della sold 84,000 shares of the firm's stock in a transaction on Thursday, February 1st. The stock was sold at an average price of $8.17, for a total transaction of $686,280.00. Following the completion of the sale, the director now directly owns 186,095 shares of the company's stock, valued at approximately $1,520,396.15. The sale was disclosed in a legal filing with the SEC, which is available at the SEC website. Insiders own 2.90% of the company's stock.

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.

Want to see what other hedge funds are holding UEC? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Uranium Energy Corp. (NYSEAMERICAN:UEC - Free Report).

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.