Campbell & CO Investment Adviser LLC Invests $289,000 in Uranium Energy Corp. $UEC

Campbell & CO Investment Adviser LLC bought a new stake in shares of Uranium Energy Corp. (NYSEAMERICAN:UEC) in the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm bought 42,506 shares of the basic materials company’s stock, valued at approximately $289,000.

Other hedge funds have also recently bought and sold shares of the company. Victory Capital Management Inc. lifted its holdings in Uranium Energy by 120.0% in the 1st quarter. Victory Capital Management Inc. now owns 5,930,920 shares of the basic materials company’s stock valued at $28,350,000 after acquiring an additional 3,235,394 shares during the last quarter. Encompass Capital Advisors LLC grew its stake in shares of Uranium Energy by 255.1% in the 1st quarter. Encompass Capital Advisors LLC now owns 4,223,438 shares of the basic materials company’s stock worth $20,188,000 after purchasing an additional 3,033,974 shares during the last quarter. Titan Global Capital Management USA LLC raised its holdings in shares of Uranium Energy by 123.2% in the 2nd quarter. Titan Global Capital Management USA LLC now owns 3,217,324 shares of the basic materials company’s stock worth $21,878,000 after purchasing an additional 1,775,613 shares in the last quarter. MMCAP International Inc. SPC lifted its stake in Uranium Energy by 8.6% during the first quarter. MMCAP International Inc. SPC now owns 19,716,341 shares of the basic materials company’s stock valued at $94,244,000 after purchasing an additional 1,559,173 shares during the last quarter. Finally, Nuveen LLC bought a new stake in Uranium Energy during the first quarter worth approximately $5,099,000. 62.28% of the stock is owned by institutional investors and hedge funds.

Uranium Energy Trading Down 3.2%

Shares of Uranium Energy stock opened at $11.22 on Tuesday. Uranium Energy Corp. has a 1 year low of $3.85 and a 1 year high of $17.80. The company has a market cap of $5.42 billion, a P/E ratio of -66.00 and a beta of 1.40. The stock has a 50-day moving average price of $13.49 and a 200 day moving average price of $9.72.

Analyst Upgrades and Downgrades

UEC has been the topic of several research reports. HC Wainwright upped their price target on Uranium Energy from $12.75 to $19.75 and gave the company a “buy” rating in a report on Thursday, September 25th. BMO Capital Markets restated a “market perform” rating and issued a $14.00 target price (up from $7.75) on shares of Uranium Energy in a report on Thursday, September 25th. Stifel Nicolaus began coverage on Uranium Energy in a report on Monday, October 6th. They set a “buy” rating and a $10.50 target price for the company. TD Securities increased their price target on Uranium Energy from $8.00 to $13.00 and gave the company a “buy” rating in a research report on Friday, August 15th. Finally, The Goldman Sachs Group boosted their price objective on Uranium Energy from $13.00 to $17.00 and gave the stock a “buy” rating in a report on Friday, September 26th. Two investment analysts have rated the stock with a Strong Buy rating, seven have issued a Buy rating, one has given a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat, Uranium Energy currently has an average rating of “Moderate Buy” and a consensus target price of $14.19.

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.