Deutsche Bank AG Has $185,000 Stake in Ur Energy Inc $URG

Deutsche Bank AG cut its position in Ur Energy Inc (NYSEAMERICAN:URG) (TSE:URE) by 10.3% in the 1st quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 275,578 shares of the basic materials company’s stock after selling 31,498 shares during the quarter. Deutsche Bank AG owned 0.08% of Ur Energy worth $185,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Tower Research Capital LLC TRC boosted its position in Ur Energy by 178.5% in the fourth quarter. Tower Research Capital LLC TRC now owns 34,940 shares of the basic materials company’s stock valued at $40,000 after buying an additional 22,395 shares in the last quarter. Price T Rowe Associates Inc. MD increased its stake in shares of Ur Energy by 24.3% in the 4th quarter. Price T Rowe Associates Inc. MD now owns 141,334 shares of the basic materials company’s stock valued at $163,000 after acquiring an additional 27,596 shares in the last quarter. ProShare Advisors LLC increased its stake in shares of Ur Energy by 55.4% in the 4th quarter. ProShare Advisors LLC now owns 99,624 shares of the basic materials company’s stock valued at $115,000 after acquiring an additional 35,534 shares in the last quarter. Jane Street Group LLC increased its stake in shares of Ur Energy by 11.0% in the 4th quarter. Jane Street Group LLC now owns 370,318 shares of the basic materials company’s stock valued at $426,000 after acquiring an additional 36,830 shares in the last quarter. Finally, MetLife Investment Management LLC grew its position in Ur Energy by 18.5% in the 4th quarter. MetLife Investment Management LLC now owns 237,040 shares of the basic materials company’s stock valued at $273,000 after purchasing an additional 37,084 shares during the period. 57.51% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Several research firms recently issued reports on URG. Maxim Group started coverage on shares of Ur Energy in a research report on Friday, July 25th. They issued a “buy” rating and a $3.00 price target for the company. B. Riley assumed coverage on Ur Energy in a research note on Wednesday, July 23rd. They issued a “buy” rating and a $2.00 price objective on the stock. One equities research analyst has rated the stock with a Strong Buy rating and four have issued a Buy rating to the stock. According to MarketBeat.com, Ur Energy presently has a consensus rating of “Buy” and an average target price of $2.48.

Insider Buying and Selling at Ur Energy

In other news, COO Steven M. Hatten sold 198,618 shares of the stock in a transaction that occurred on Monday, August 25th. The stock was sold at an average price of $1.34, for a total transaction of $266,148.12. Following the completion of the sale, the chief operating officer owned 324,775 shares of the company’s stock, valued at approximately $435,198.50. This represents a 37.95% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Company insiders own 1.86% of the company’s stock.

Ur Energy Price Performance

Shares of URG opened at $1.39 on Friday. The firm has a market cap of $507.11 million, a P/E ratio of -8.18 and a beta of 0.97. The stock has a 50 day simple moving average of $1.22 and a two-hundred day simple moving average of $0.96. The company has a debt-to-equity ratio of 0.01, a current ratio of 3.36 and a quick ratio of 2.49. Ur Energy Inc has a 1 year low of $0.55 and a 1 year high of $1.43.

Ur Energy Company Profile

Ur-Energy Inc engages in the acquisition, exploration, development, and operation of uranium mineral properties. The company holds interests in 12 projects located in the United States. Its flagship property is the Lost Creek project comprising a total of approximately 1,800 unpatented mining claims and three Wyoming mineral leases covering an area of approximately 35,400 acres located in the Great Divide Basin, Wyoming.