Lighthouse Investment Partners LLC Takes $334,000 Position in Uranium Energy Corp. (NYSEAMERICAN:UEC)

Lighthouse Investment Partners LLC acquired a new position in Uranium Energy Corp. (NYSEAMERICAN:UEC) in the fourth quarter, Holdings Channel.com reports. The institutional investor acquired 50,000 shares of the basic materials company’s stock, valued at approximately $334,000.

Other hedge funds have also recently bought and sold shares of the company. Harbour Investments Inc. grew its holdings in Uranium Energy by 947.4% during the fourth quarter. Harbour Investments Inc. now owns 3,886 shares of the basic materials company’s stock valued at $26,000 after purchasing an additional 3,515 shares during the last quarter. GAMMA Investing LLC boosted its holdings in shares of Uranium Energy by 180.1% during the 4th quarter. GAMMA Investing LLC now owns 4,338 shares of the basic materials company’s stock worth $29,000 after buying an additional 2,789 shares during the period. Generali Investments Management Co LLC acquired a new position in Uranium Energy in the 4th quarter valued at $30,000. Stonehage Fleming Financial Services Holdings Ltd raised its holdings in Uranium Energy by 21.1% in the 4th quarter. Stonehage Fleming Financial Services Holdings Ltd now owns 7,870 shares of the basic materials company’s stock worth $53,000 after acquiring an additional 1,370 shares during the period. Finally, Total Wealth Planning LLC bought a new position in Uranium Energy in the 4th quarter worth $67,000. 62.28% of the stock is owned by institutional investors and hedge funds.

Uranium Energy Stock Performance

NYSEAMERICAN UEC opened at $5.67 on Thursday. Uranium Energy Corp. has a twelve month low of $3.85 and a twelve month high of $8.93. The stock has a market cap of $2.40 billion, a PE ratio of -47.25 and a beta of 1.88. The firm has a 50-day simple moving average of $5.06 and a 200 day simple moving average of $6.45.

Analyst Ratings Changes

A number of equities research analysts have issued reports on UEC shares. HC Wainwright restated a “buy” rating and set a $12.25 price target on shares of Uranium Energy in a report on Thursday, March 13th. Stifel Canada upgraded Uranium Energy to a “strong-buy” rating in a research note on Tuesday, March 11th. Stifel Nicolaus set a $10.50 price target on Uranium Energy in a research report on Wednesday, March 12th. National Bankshares set a $10.00 price target on Uranium Energy and gave the stock an “outperform” rating in a report on Wednesday, February 12th. Finally, 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 price objective on the stock. Four analysts have rated the stock with a buy rating and two have given a strong buy rating to the company. According to MarketBeat, Uranium Energy 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.