Northern Trust Corp Has $91,000 Stake in Westwater Resources, Inc. (NASDAQ:WWR)

Northern Trust Corp grew its position in shares of Westwater Resources, Inc. (NASDAQ:WWR) by 34.7% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 127,960 shares of the basic materials company’s stock after buying an additional 32,952 shares during the quarter. Northern Trust Corp owned approximately 0.20% of Westwater Resources worth $91,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors have also made changes to their positions in the company. Geode Capital Management LLC lifted its position in shares of Westwater Resources by 16.7% in the fourth quarter. Geode Capital Management LLC now owns 608,045 shares of the basic materials company’s stock worth $431,000 after buying an additional 87,087 shares during the last quarter. Renaissance Technologies LLC lifted its position in shares of Westwater Resources by 536.3% in the fourth quarter. Renaissance Technologies LLC now owns 99,201 shares of the basic materials company’s stock worth $70,000 after buying an additional 83,611 shares during the last quarter. Finally, Virtu Financial LLC lifted its position in shares of Westwater Resources by 29.1% in the fourth quarter. Virtu Financial LLC now owns 85,116 shares of the basic materials company’s stock worth $60,000 after buying an additional 19,211 shares during the last quarter. 7.72% of the stock is currently owned by institutional investors and hedge funds.

Westwater Resources Stock Performance

Westwater Resources stock opened at $0.47 on Wednesday. The business’s 50-day simple moving average is $0.51 and its 200-day simple moving average is $0.65. The firm has a market capitalization of $35.77 million, a PE ratio of -3.60 and a beta of 1.23. Westwater Resources, Inc. has a 52 week low of $0.45 and a 52 week high of $1.32.

Analyst Upgrades and Downgrades

A number of analysts have weighed in on the company. Wall Street Zen assumed coverage on Westwater Resources in a research report on Wednesday, May 21st. They issued a “sell” rating for the company. HC Wainwright assumed coverage on Westwater Resources in a research report on Tuesday, March 11th. They issued a “buy” rating and a $2.50 price target for the company.

Westwater Resources Profile

Westwater Resources, Inc operates as an energy technology company, focuses on developing battery-grade natural graphite materials. The company holds interests in Kellyton Graphite Plant located in Kellyton, Alabama; and Bama Mine Project situated in south Alabama. It holds interests in Coosa graphite project located in Coosa County, Alabama.