Vontobel Holding Ltd. Decreases Stock Position in Uranium Energy Corp. (NYSEAMERICAN:UEC)

Vontobel Holding Ltd. reduced its position in Uranium Energy Corp. (NYSEAMERICAN:UEC) by 38.1% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 51,030 shares of the basic materials company’s stock after selling 31,423 shares during the quarter. Vontobel Holding Ltd.’s holdings in Uranium Energy were worth $328,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors have also bought and sold shares of the company. SG Americas Securities LLC grew its position in shares of Uranium Energy by 125.7% in the third quarter. SG Americas Securities LLC now owns 562,975 shares of the basic materials company’s stock valued at $2,899,000 after purchasing an additional 313,487 shares in the last quarter. Clarius Group LLC purchased a new position in shares of Uranium Energy in the third quarter valued at $58,000. Commonwealth Equity Services LLC grew its position in shares of Uranium Energy by 10.0% in the third quarter. Commonwealth Equity Services LLC now owns 59,687 shares of the basic materials company’s stock valued at $307,000 after purchasing an additional 5,422 shares in the last quarter. Raymond James & Associates grew its position in shares of Uranium Energy by 71.8% in the third quarter. Raymond James & Associates now owns 25,843 shares of the basic materials company’s stock valued at $133,000 after purchasing an additional 10,800 shares in the last quarter. Finally, Raymond James Financial Services Advisors Inc. grew its position in shares of Uranium Energy by 204.8% in the third quarter. Raymond James Financial Services Advisors Inc. now owns 39,323 shares of the basic materials company’s stock valued at $203,000 after purchasing an additional 26,420 shares in the last quarter. 62.28% of the stock is owned by hedge funds and other institutional investors.

Insiders Place Their Bets

In other Uranium Energy news, Director David Kong sold 26,000 shares of Uranium Energy stock in a transaction dated Tuesday, March 12th. The stock was sold at an average price of $6.81, for a total transaction of $177,060.00. Following the completion of the sale, the director now owns 154,085 shares of the company’s stock, valued at $1,049,318.85. The sale was disclosed in a filing with the SEC, which is available at the SEC website. In other news, Director Volpe Vincent Della sold 84,000 shares of the business’s stock in a transaction dated Thursday, February 1st. The stock was sold at an average price of $8.17, for a total value of $686,280.00. Following the completion of the sale, the director now owns 186,095 shares of the company’s stock, valued at approximately $1,520,396.15. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink. Also, Director David Kong sold 26,000 shares of the business’s stock in a transaction dated Tuesday, March 12th. The shares were sold at an average price of $6.81, for a total value of $177,060.00. Following the completion of the sale, the director now directly owns 154,085 shares of the company’s stock, valued at approximately $1,049,318.85. The disclosure for this sale can be found here. Corporate insiders own 2.90% of the company’s stock.

Uranium Energy Price Performance

Uranium Energy stock opened at $6.73 on Wednesday. Uranium Energy Corp. has a 52 week low of $2.30 and a 52 week high of $8.34. The business’s 50-day simple moving average is $6.31.

Uranium Energy (NYSEAMERICAN:UEC) last posted its earnings results on Monday, March 11th. The basic materials company reported $0.01 EPS for the quarter, hitting the consensus estimate of $0.01. Uranium Energy had a negative return on equity of 1.11% and a negative net margin of 8.20%. The business had revenue of $0.12 million during the quarter, compared to analysts’ expectations of $16.00 million. As a group, equities research analysts predict that Uranium Energy Corp. will post 0.08 earnings per share for the current fiscal year.

Analysts Set New Price Targets

UEC has been the subject of several recent research reports. Eight Capital lifted their price target on 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 boosted their target price on Uranium Energy from $8.25 to $9.75 and gave the stock a “buy” rating in a research report on Thursday, January 18th. One investment analyst has rated the stock with a sell rating and five have given a buy rating to the company. According to MarketBeat.com, Uranium Energy presently has an average rating of “Moderate Buy” and an average target price of $8.80.

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.