Raymond James & Associates Sells 3,000 Shares of Uranium Energy Corp. (NYSEAMERICAN:UEC)

Raymond James & Associates lessened its holdings in shares of Uranium Energy Corp. (NYSEAMERICAN:UEC) by 16.6% in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 15,043 shares of the basic materials company’s stock after selling 3,000 shares during the quarter. Raymond James & Associates’ holdings in Uranium Energy were worth $51,000 at the end of the most recent quarter.

A number of other large investors have also recently modified their holdings of the business. Creative Planning boosted its position in shares of Uranium Energy by 41.0% during the 2nd quarter. Creative Planning now owns 32,022 shares of the basic materials company’s stock valued at $109,000 after acquiring an additional 9,307 shares during the last quarter. International Assets Investment Management LLC raised its holdings in shares of Uranium Energy by 2,094.5% during the 2nd quarter. International Assets Investment Management LLC now owns 21,945 shares of the basic materials company’s stock valued at $75,000 after buying an additional 20,945 shares in the last quarter. Stratos Wealth Partners LTD. raised its holdings in shares of Uranium Energy by 29.6% during the 2nd quarter. Stratos Wealth Partners LTD. now owns 17,500 shares of the basic materials company’s stock valued at $60,000 after buying an additional 4,000 shares in the last quarter. Vanguard Capital Wealth Advisors purchased a new position in shares of Uranium Energy during the 2nd quarter valued at about $85,000. Finally, Cambridge Investment Research Advisors Inc. raised its holdings in shares of Uranium Energy by 6.2% during the 2nd quarter. Cambridge Investment Research Advisors Inc. now owns 156,276 shares of the basic materials company’s stock valued at $531,000 after buying an additional 9,100 shares in the last quarter. Institutional investors own 49.03% of the company’s stock.

Uranium Energy Stock Up 1.9 %

Shares of Uranium Energy stock opened at $6.09 on Wednesday. Uranium Energy Corp. has a one year low of $2.30 and a one year high of $6.10. The stock has a market cap of $2.35 billion, a PE ratio of -608.50 and a beta of 1.85. The stock has a 50 day moving average of $3.62.

Analyst Upgrades and Downgrades

A number of equities analysts recently weighed in on UEC shares. HC Wainwright raised their price objective on Uranium Energy from $8.00 to $8.25 and gave the company a “buy” rating in a report on Tuesday. Roth Mkm raised their price objective on Uranium Energy from $6.00 to $6.75 and gave the company a “buy” rating in a report on Tuesday, October 10th. StockNews.com raised Uranium Energy to a “sell” rating in a research note on Sunday, October 8th. TD Securities assumed coverage on Uranium Energy in a research note on Wednesday, September 13th. They issued a “speculative buy” rating and a $6.00 price target on the stock. Finally, TD Cowen assumed coverage on Uranium Energy in a research note on Wednesday, September 13th. They issued a “speculative buy” rating and a $6.00 price target on the stock. One investment analyst has rated the stock with a sell rating and four have assigned a buy rating to the stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $6.75.

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.