Ballentine Partners LLC Makes New Investment in Energy Fuels Inc $UUUU

Ballentine Partners LLC bought a new position in shares of Energy Fuels Inc (NYSEAMERICAN:UUUU) during the second quarter, according to its most recent Form 13F filing with the SEC. The fund bought 14,625 shares of the company’s stock, valued at approximately $84,000.

Other institutional investors have also recently added to or reduced their stakes in the company. Northwest & Ethical Investments L.P. raised its holdings in Energy Fuels by 21.5% during the first quarter. Northwest & Ethical Investments L.P. now owns 16,536 shares of the company’s stock worth $61,000 after buying an additional 2,924 shares during the last quarter. Wealthspan Partners LLC raised its holdings in Energy Fuels by 30.0% during the first quarter. Wealthspan Partners LLC now owns 13,000 shares of the company’s stock worth $48,000 after buying an additional 3,000 shares during the last quarter. Byrne Asset Management LLC raised its holdings in Energy Fuels by 114.6% during the first quarter. Byrne Asset Management LLC now owns 7,727 shares of the company’s stock worth $29,000 after buying an additional 4,127 shares during the last quarter. Bulltick Wealth Management LLC raised its holdings in Energy Fuels by 2.0% during the first quarter. Bulltick Wealth Management LLC now owns 235,600 shares of the company’s stock worth $879,000 after buying an additional 4,600 shares during the last quarter. Finally, Bailard Inc. raised its holdings in Energy Fuels by 25.9% during the first quarter. Bailard Inc. now owns 22,875 shares of the company’s stock worth $85,000 after buying an additional 4,700 shares during the last quarter. 48.24% of the stock is owned by institutional investors.

Analysts Set New Price Targets

UUUU has been the topic of several research reports. HC Wainwright upped their price objective on shares of Energy Fuels from $12.00 to $16.25 and gave the stock a “buy” rating in a report on Wednesday, September 17th. Roth Capital downgraded shares of Energy Fuels from a “buy” rating to a “neutral” rating and set a $6.00 target price for the company. in a report on Friday, July 11th. Finally, B. Riley assumed coverage on shares of Energy Fuels in a report on Wednesday, July 23rd. They issued a “buy” rating and a $9.00 target price for the company. One investment analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating and one has assigned a Hold rating to the company. According to MarketBeat.com, the company presently has a consensus rating of “Buy” and a consensus price target of $9.25.

Insider Activity

In other news, Director Dennis Lyle Higgs sold 6,000 shares of the business’s stock in a transaction on Friday, September 19th. The shares were sold at an average price of $14.88, for a total transaction of $89,280.00. Following the sale, the director owned 218,881 shares in the company, valued at approximately $3,256,949.28. The trade was a 2.67% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, Director J. Birks Bovaird sold 10,000 shares of the business’s stock in a transaction on Friday, September 19th. The shares were sold at an average price of $14.85, for a total transaction of $148,500.00. Following the sale, the director owned 195,617 shares in the company, valued at approximately $2,904,912.45. This trade represents a 4.86% decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 618,724 shares of company stock worth $6,782,959. Corporate insiders own 1.92% of the company’s stock.

Energy Fuels Trading Down 7.1%

Shares of Energy Fuels stock opened at $15.35 on Wednesday. The company’s fifty day simple moving average is $11.65 and its two-hundred day simple moving average is $7.39. The company has a market cap of $3.41 billion, a P/E ratio of -31.33 and a beta of 1.76. Energy Fuels Inc has a 12-month low of $3.20 and a 12-month high of $18.78.

Energy Fuels (NYSEAMERICAN:UUUU) last issued its quarterly earnings data on Wednesday, August 6th. The company reported ($0.10) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.04) by ($0.06). The company had revenue of $4.21 million for the quarter. Energy Fuels had a negative net margin of 143.05% and a negative return on equity of 17.41%. The company’s quarterly revenue was up –51.7% compared to the same quarter last year. Analysts predict that Energy Fuels Inc will post -0.1 EPS for the current fiscal year.

About Energy Fuels

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.