Wellington Management Group LLP Makes New Investment in Energy Fuels Inc. (NYSEAMERICAN:UUUU)

Wellington Management Group LLP purchased a new stake in Energy Fuels Inc. (NYSEAMERICAN:UUUU) in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The fund purchased 15,794 shares of the company’s stock, valued at approximately $81,000.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. JPMorgan Chase & Co. boosted its holdings in Energy Fuels by 217.3% in the 3rd quarter. JPMorgan Chase & Co. now owns 223,061 shares of the company’s stock valued at $1,225,000 after purchasing an additional 152,751 shares during the period. Barclays PLC raised its position in shares of Energy Fuels by 126.6% in the third quarter. Barclays PLC now owns 412,137 shares of the company’s stock worth $2,262,000 after buying an additional 230,259 shares in the last quarter. Robertson Stephens Wealth Management LLC boosted its stake in Energy Fuels by 3.7% during the fourth quarter. Robertson Stephens Wealth Management LLC now owns 1,579,919 shares of the company’s stock valued at $8,105,000 after buying an additional 55,709 shares during the period. Geode Capital Management LLC grew its position in Energy Fuels by 14.1% during the third quarter. Geode Capital Management LLC now owns 2,318,522 shares of the company’s stock worth $12,731,000 after buying an additional 285,680 shares in the last quarter. Finally, HighTower Advisors LLC increased its stake in Energy Fuels by 4.5% in the 3rd quarter. HighTower Advisors LLC now owns 126,001 shares of the company’s stock worth $691,000 after acquiring an additional 5,404 shares during the last quarter. 48.24% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

Several research analysts have recently commented on the company. Roth Mkm raised Energy Fuels from a “neutral” rating to a “buy” rating and set a $5.75 price objective for the company in a report on Friday, February 28th. Roth Capital set a $5.75 price target on shares of Energy Fuels in a research note on Friday, February 28th. Finally, HC Wainwright decreased their price target on shares of Energy Fuels from $11.00 to $10.75 and set a “buy” rating on the stock in a report on Friday, February 28th.

Insider Activity

In related news, VP Daniel Kapostasy sold 12,350 shares of Energy Fuels stock in a transaction on Friday, March 14th. The shares were sold at an average price of $4.10, for a total value of $50,635.00. Following the transaction, the vice president now directly owns 57,705 shares of the company’s stock, valued at $236,590.50. The trade was a 17.63 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, Director Bruce D. Hansen purchased 6,000 shares of the stock in a transaction that occurred on Wednesday, March 19th. The shares were purchased at an average price of $4.25 per share, with a total value of $25,500.00. Following the completion of the acquisition, the director now directly owns 295,239 shares in the company, valued at $1,254,765.75. The trade was a 2.07 % increase in their ownership of the stock. The disclosure for this purchase can be found here. 1.92% of the stock is owned by corporate insiders.

Energy Fuels Price Performance

Shares of UUUU opened at $4.13 on Wednesday. Energy Fuels Inc. has a 1 year low of $3.20 and a 1 year high of $7.47. The stock has a 50 day simple moving average of $4.49 and a two-hundred day simple moving average of $5.41. The firm has a market cap of $820.59 million, a P/E ratio of -18.77 and a beta of 1.68.

Energy Fuels Profile

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.