Sequoia Financial Advisors LLC Sells 9,983 Shares of Energy Fuels Inc. (NYSE:UUUU)

Sequoia Financial Advisors LLC decreased its position in shares of Energy Fuels Inc. (NYSE:UUUUFree Report) by 32.6% in the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 20,614 shares of the company’s stock after selling 9,983 shares during the period. Sequoia Financial Advisors LLC’s holdings in Energy Fuels were worth $130,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently made changes to their positions in the company. McGlone Suttner Wealth Management Inc. purchased a new position in Energy Fuels in the fourth quarter worth about $31,000. Optiver Holding B.V. raised its stake in shares of Energy Fuels by 1,282.2% during the fourth quarter. Optiver Holding B.V. now owns 4,423 shares of the company’s stock valued at $32,000 after acquiring an additional 4,103 shares in the last quarter. Motley Fool Wealth Management LLC bought a new stake in shares of Energy Fuels during the fourth quarter valued at approximately $70,000. Gainplan LLC bought a new stake in shares of Energy Fuels during the fourth quarter valued at approximately $84,000. Finally, Russell Investments Group Ltd. raised its stake in shares of Energy Fuels by 956.1% during the fourth quarter. Russell Investments Group Ltd. now owns 12,494 shares of the company’s stock valued at $90,000 after acquiring an additional 11,311 shares in the last quarter. Hedge funds and other institutional investors own 48.24% of the company’s stock.

Analysts Set New Price Targets

UUUU has been the subject of several research analyst reports. Roth Capital downgraded shares of Energy Fuels from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, June 5th. HC Wainwright lifted their price objective on shares of Energy Fuels from $10.00 to $10.75 and gave the company a “buy” rating in a report on Wednesday, June 12th. B. Riley assumed coverage on shares of Energy Fuels in a report on Thursday, April 18th. They set a “buy” rating and a $9.00 price objective on the stock. Finally, Roth Mkm lowered shares of Energy Fuels from a “buy” rating to a “neutral” rating and cut their price objective for the company from $6.50 to $6.25 in a report on Wednesday, June 5th. One equities research analyst has rated the stock with a sell rating, two have given a hold rating and two have given a buy rating to the stock. According to data from MarketBeat, the stock has a consensus rating of “Hold” and an average target price of $8.67.

Get Our Latest Report on Energy Fuels

Energy Fuels Stock Up 6.6 %

NYSE UUUU opened at $6.49 on Thursday. The firm has a market capitalization of $1.05 billion, a P/E ratio of -92.70 and a beta of 1.61. The firm’s fifty day simple moving average is $6.18. Energy Fuels Inc. has a 1 year low of $5.16 and a 1 year high of $9.02.

Energy Fuels (NYSE:UUUUGet Free Report) last posted its earnings results on Friday, May 3rd. The company reported $0.02 earnings per share (EPS) for the quarter, meeting analysts’ consensus estimates of $0.02. The company had revenue of $25.43 million during the quarter, compared to the consensus estimate of $26.25 million. Energy Fuels had a negative net margin of 24.83% and a negative return on equity of 6.27%. As a group, equities analysts predict that Energy Fuels Inc. will post -0.11 earnings per share for the current year.

Energy Fuels Profile

(Free Report)

Energy Fuels Inc, together with its subsidiaries, engages in the extraction, recovery, recycling, exploration, permitting, evaluation, and sale of uranium mineral properties in the United States. The company produces and sells vanadium pentoxide, rare earth elements, and heavy mineral sands, such as ilmenite, rutile, zircon, and monazite.

Further Reading

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Institutional Ownership by Quarter for Energy Fuels (NYSE:UUUU)

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