State Board of Administration of Florida Retirement System Increases Stock Holdings in Energy Fuels Inc. (NYSEAMERICAN:UUUU)

State Board of Administration of Florida Retirement System boosted its position in shares of Energy Fuels Inc. (NYSEAMERICAN:UUUU – Get Rating) (TSE:EFR) by 20.3% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 19,998 shares of the basic materials company’s stock after acquiring an additional 3,370 shares during the quarter. State Board of Administration of Florida Retirement System’s holdings in Energy Fuels were worth $124,000 at the end of the most recent quarter.

A number of other hedge funds also recently bought and sold shares of the stock. Janney Montgomery Scott LLC raised its position in Energy Fuels by 3.5% in the 4th quarter. Janney Montgomery Scott LLC now owns 51,417 shares of the basic materials company’s stock valued at $319,000 after purchasing an additional 1,747 shares in the last quarter. Metropolitan Life Insurance Co NY raised its position in shares of Energy Fuels by 23.9% during the 3rd quarter. Metropolitan Life Insurance Co NY now owns 9,431 shares of the basic materials company’s stock worth $58,000 after acquiring an additional 1,818 shares in the last quarter. ExodusPoint Capital Management LP raised its position in shares of Energy Fuels by 14.7% during the 2nd quarter. ExodusPoint Capital Management LP now owns 15,355 shares of the basic materials company’s stock worth $75,000 after acquiring an additional 1,965 shares in the last quarter. Raymond James & Associates raised its position in shares of Energy Fuels by 9.1% during the 3rd quarter. Raymond James & Associates now owns 23,930 shares of the basic materials company’s stock worth $146,000 after acquiring an additional 2,000 shares in the last quarter. Finally, US Bancorp DE raised its position in shares of Energy Fuels by 76.1% during the 3rd quarter. US Bancorp DE now owns 5,780 shares of the basic materials company’s stock worth $35,000 after acquiring an additional 2,497 shares in the last quarter. Institutional investors and hedge funds own 38.22% of the company’s stock.

Insider Transactions at Energy Fuels

In other news, Director J. Birks Bovaird sold 15,000 shares of the business’s stock in a transaction on Tuesday, May 9th. The stock was sold at an average price of $8.05, for a total value of $120,750.00. Following the completion of the transaction, the director now directly owns 191,647 shares of the company’s stock, valued at $1,542,758.35. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Insiders own 2.30% of the company’s stock.

Energy Fuels Stock Performance

Energy Fuels stock opened at $6.31 on Wednesday. Energy Fuels Inc. has a 1-year low of $4.69 and a 1-year high of $8.24. The stock has a market capitalization of $997.17 million, a P/E ratio of 14.34 and a beta of 1.75. The company has a 50 day simple moving average of $6.90.

Energy Fuels (NYSEAMERICAN:UUUU – Get Rating) (TSE:EFR) last posted its quarterly earnings results on Wednesday, March 8th. The basic materials company reported ($0.11) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.05) by ($0.06). The business had revenue of $0.18 million during the quarter, compared to analysts’ expectations of $1.00 million. Energy Fuels had a net margin of 236.87% and a negative return on equity of 16.69%. Research analysts expect that Energy Fuels Inc. will post 0.58 EPS for the current fiscal year.

Analyst Ratings Changes

Several equities research analysts have recently weighed in on the company. TheStreet raised Energy Fuels from a “d” rating to a “c+” rating in a research report on Thursday, May 18th. HC Wainwright restated a “buy” rating and set a $9.75 price target on shares of Energy Fuels in a research note on Friday, March 10th. One equities research analyst has rated the stock with a sell rating and three have assigned a buy rating to the company. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average target price of $10.63.

Energy Fuels Company Profile

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Energy Fuels, Inc is a mining development company, which engages in the exploration and evaluation of uranium and vanadium properties. It also operates the Nichols Ranch, Alta Mesa, and White Mesa Mill projects. The company was founded by George E. L. Glasier and John David Mason on June 24, 1987 and is headquartered in Lakewood, CO.