Gainplan LLC Sells 5,943 Shares of Uranium Energy Corp. (NYSEAMERICAN:UEC)

Gainplan LLC cut its stake in Uranium Energy Corp. (NYSEAMERICAN:UEC) by 36.5% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 10,321 shares of the basic materials company’s stock after selling 5,943 shares during the period. Gainplan LLC’s holdings in Uranium Energy were worth $69,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in UEC. Commonwealth Equity Services LLC grew its holdings in Uranium Energy by 16.9% during the 2nd quarter. Commonwealth Equity Services LLC now owns 67,704 shares of the basic materials company’s stock worth $407,000 after acquiring an additional 9,787 shares during the period. Arizona State Retirement System grew its stake in Uranium Energy by 10.3% during the second quarter. Arizona State Retirement System now owns 113,141 shares of the basic materials company’s stock worth $680,000 after purchasing an additional 10,541 shares during the period. Choreo LLC increased its holdings in Uranium Energy by 11.0% in the second quarter. Choreo LLC now owns 24,505 shares of the basic materials company’s stock worth $141,000 after purchasing an additional 2,420 shares in the last quarter. American Century Companies Inc. increased its holdings in Uranium Energy by 961.2% in the second quarter. American Century Companies Inc. now owns 1,400,076 shares of the basic materials company’s stock worth $8,414,000 after purchasing an additional 1,268,141 shares in the last quarter. Finally, Dimensional Fund Advisors LP boosted its holdings in shares of Uranium Energy by 18.9% during the 2nd quarter. Dimensional Fund Advisors LP now owns 5,954,561 shares of the basic materials company’s stock worth $35,786,000 after buying an additional 947,773 shares in the last quarter. Institutional investors and hedge funds own 62.28% of the company’s stock.

Analysts Set New Price Targets

UEC has been the subject of a number of research reports. HC Wainwright raised their price objective on Uranium Energy from $10.25 to $11.00 and gave the company a “buy” rating in a research note on Monday, December 9th. Roth Mkm reissued a “buy” rating and issued a $10.25 price target (up previously from $9.75) on shares of Uranium Energy in a research report on Wednesday, October 23rd.

Uranium Energy Stock Down 0.6 %

Uranium Energy stock opened at $6.99 on Tuesday. The company’s 50 day moving average is $6.63. Uranium Energy Corp. has a twelve month low of $4.06 and a twelve month high of $8.93. The company has a market cap of $2.96 billion, a P/E ratio of -58.25 and a beta of 1.84.

Uranium Energy Company 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.