43,776 Shares in Uranium Energy Corp. (NYSEAMERICAN:UEC) Bought by Gotham Asset Management LLC

Gotham Asset Management LLC purchased a new position in shares of Uranium Energy Corp. (NYSEAMERICAN:UEC) in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor purchased 43,776 shares of the basic materials company’s stock, valued at approximately $293,000.

A number of other institutional investors have also recently added to or reduced their stakes in UEC. Vanguard Group Inc. raised its stake in shares of Uranium Energy by 2.5% in the 4th quarter. Vanguard Group Inc. now owns 25,862,079 shares of the basic materials company’s stock valued at $173,017,000 after purchasing an additional 631,929 shares in the last quarter. JPMorgan Chase & Co. raised its stake in shares of Uranium Energy by 45.9% in the 4th quarter. JPMorgan Chase & Co. now owns 15,842,713 shares of the basic materials company’s stock valued at $105,988,000 after purchasing an additional 4,982,949 shares in the last quarter. Norges Bank acquired a new stake in shares of Uranium Energy in the 4th quarter valued at about $100,773,000. Driehaus Capital Management LLC raised its stake in shares of Uranium Energy by 52.2% in the 4th quarter. Driehaus Capital Management LLC now owns 9,499,842 shares of the basic materials company’s stock valued at $63,554,000 after purchasing an additional 3,259,704 shares in the last quarter. Finally, Ameriprise Financial Inc. raised its stake in shares of Uranium Energy by 239.4% in the 4th quarter. Ameriprise Financial Inc. now owns 6,731,148 shares of the basic materials company’s stock valued at $45,036,000 after purchasing an additional 4,748,138 shares in the last quarter. 62.28% of the stock is owned by hedge funds and other institutional investors.

Uranium Energy Trading Up 0.6%

Shares of NYSEAMERICAN:UEC opened at $5.19 on Wednesday. The firm’s 50 day moving average is $5.08 and its two-hundred day moving average is $6.43. Uranium Energy Corp. has a 52 week low of $3.85 and a 52 week high of $8.93. The firm has a market capitalization of $2.20 billion, a P/E ratio of -43.25 and a beta of 1.88.

Analyst Ratings Changes

A number of brokerages have recently issued reports on UEC. National Bank Financial began coverage on shares of Uranium Energy in a research note on Wednesday, February 12th. They issued an “outperform” rating and a $10.00 target price on the stock. HC Wainwright reaffirmed a “buy” rating and set a $12.25 price objective on shares of Uranium Energy in a research report on Thursday, March 13th. Stifel Canada raised shares of Uranium Energy to a “strong-buy” rating in a research report on Tuesday, March 11th. National Bankshares set a $10.00 price objective on shares of Uranium Energy and gave the company an “outperform” rating in a research report on Wednesday, February 12th. Finally, Stifel Nicolaus set a $10.50 price objective on shares of Uranium Energy in a research report on Wednesday, March 12th. Four research analysts have rated the stock with a buy rating and two have issued a strong buy rating to the company’s stock. Based on data from MarketBeat, Uranium Energy currently has an average rating of “Buy” and a consensus price target of $10.60.

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.