CloudAlpha Capital Management Limited Hong Kong Takes $3.95 Million Position in Uranium Energy Corp. (NYSEAMERICAN:UEC)

CloudAlpha Capital Management Limited Hong Kong acquired a new position in shares of Uranium Energy Corp. (NYSEAMERICAN:UEC) in the 4th quarter, according to the company in its most recent filing with the SEC. The fund acquired 590,010 shares of the basic materials company’s stock, valued at approximately $3,947,000. Uranium Energy makes up 0.3% of CloudAlpha Capital Management Limited Hong Kong’s portfolio, making the stock its 22nd biggest position. CloudAlpha Capital Management Limited Hong Kong owned about 0.14% of Uranium Energy as of its most recent SEC filing.

Other large investors have also recently modified their holdings of the company. GAMMA Investing LLC boosted its holdings in shares of Uranium Energy by 180.1% in the 4th quarter. GAMMA Investing LLC now owns 4,338 shares of the basic materials company’s stock valued at $29,000 after acquiring an additional 2,789 shares during the last quarter. Farther Finance Advisors LLC raised its position in shares of Uranium Energy by 5,130.4% in the third quarter. Farther Finance Advisors LLC now owns 4,812 shares of the basic materials company’s stock valued at $30,000 after buying an additional 4,720 shares during the last quarter. BNP Paribas acquired a new stake in shares of Uranium Energy in the third quarter valued at about $38,000. National Bank of Canada FI raised its position in shares of Uranium Energy by 29.7% in the third quarter. National Bank of Canada FI now owns 7,485 shares of the basic materials company’s stock valued at $46,000 after buying an additional 1,713 shares during the last quarter. Finally, Stonehage Fleming Financial Services Holdings Ltd raised its position 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 buying an additional 1,370 shares during the last quarter. Institutional investors own 62.28% of the company’s stock.

Uranium Energy Stock Down 3.4 %

Shares of NYSEAMERICAN UEC opened at $5.08 on Friday. Uranium Energy Corp. has a one year low of $4.06 and a one year high of $8.93. The stock’s fifty day moving average is $6.86. The stock has a market cap of $2.15 billion, a price-to-earnings ratio of -42.33 and a beta of 1.88.

Wall Street Analyst Weigh In

Several research analysts have weighed in on the stock. National Bank Financial started coverage on shares of Uranium Energy in a research note on Wednesday, February 12th. They set an “outperform” rating and a $10.00 target price for the company. National Bankshares set a $10.00 price target on shares of Uranium Energy and gave the stock an “outperform” rating in a research note on Wednesday, February 12th. Finally, HC Wainwright raised their price objective on shares of Uranium Energy from $10.25 to $11.00 and gave the stock a “buy” rating in a report on Monday, December 9th.

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.