Empowered Funds LLC Has $9.33 Million Position in Energy Fuels Inc $UUUU

Empowered Funds LLC boosted its position in shares of Energy Fuels Inc (NYSEAMERICAN:UUUUFree Report) by 4,108.3% in the 1st quarter, HoldingsChannel reports. The firm owned 511,478 shares of the company’s stock after buying an additional 499,324 shares during the period. Empowered Funds LLC’s holdings in Energy Fuels were worth $9,334,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Vanguard Group Inc. raised its stake in shares of Energy Fuels by 26.1% in the fourth quarter. Vanguard Group Inc. now owns 14,978,848 shares of the company’s stock valued at $217,449,000 after acquiring an additional 3,095,806 shares during the last quarter. Bank of America Corp DE increased its holdings in Energy Fuels by 93.6% during the 2nd quarter. Bank of America Corp DE now owns 4,366,108 shares of the company’s stock valued at $25,105,000 after purchasing an additional 2,111,466 shares in the last quarter. Morgan Stanley raised its position in Energy Fuels by 108.7% in the 4th quarter. Morgan Stanley now owns 3,952,694 shares of the company’s stock valued at $57,472,000 after purchasing an additional 2,058,920 shares during the last quarter. Van ECK Associates Corp boosted its stake in Energy Fuels by 18.8% in the fourth quarter. Van ECK Associates Corp now owns 12,108,694 shares of the company’s stock worth $176,052,000 after purchasing an additional 1,913,952 shares in the last quarter. Finally, BNP Paribas Financial Markets boosted its stake in Energy Fuels by 530.6% in the second quarter. BNP Paribas Financial Markets now owns 2,068,155 shares of the company’s stock worth $11,892,000 after purchasing an additional 1,740,183 shares in the last quarter. 48.24% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

UUUU has been the topic of several research reports. HC Wainwright reiterated a “buy” rating and set a $29.00 price target on shares of Energy Fuels in a research report on Monday, June 22nd. Roth Capital set a $16.00 target price on shares of Energy Fuels in a research note on Thursday, June 25th. Finally, The Goldman Sachs Group reduced their target price on shares of Energy Fuels from $29.00 to $21.00 and set a “buy” rating on the stock in a research report on Friday, June 12th. Three investment analysts have rated the stock with a Buy rating and one has given a Hold rating to the company’s stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $23.25.

Get Our Latest Research Report on Energy Fuels

Energy Fuels Stock Up 9.0%

Energy Fuels stock opened at $11.71 on Friday. The company’s 50 day simple moving average is $14.61 and its 200 day simple moving average is $18.46. Energy Fuels Inc has a fifty-two week low of $8.16 and a fifty-two week high of $27.90. The firm has a market capitalization of $2.93 billion, a price-to-earnings ratio of -40.38 and a beta of 1.49. The company has a debt-to-equity ratio of 0.93, a current ratio of 27.51 and a quick ratio of 25.59.

Energy Fuels (NYSEAMERICAN:UUUUGet Free Report) last posted its earnings results on Wednesday, May 6th. The company reported ($0.04) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.02) by ($0.02). Energy Fuels had a negative net margin of 83.26% and a negative return on equity of 10.23%. The business had revenue of $35.84 million during the quarter. During the same period last year, the firm posted ($0.13) earnings per share. The company’s revenue for the quarter was up 112.1% on a year-over-year basis. As a group, sell-side analysts anticipate that Energy Fuels Inc will post -0.14 EPS for the current year.

Insider Transactions at Energy Fuels

In other news, CEO Ross R. Bhappu bought 74,000 shares of the firm’s stock in a transaction that occurred on Tuesday, July 7th. The stock was acquired at an average cost of $13.08 per share, with a total value of $967,920.00. Following the completion of the purchase, the chief executive officer owned 256,583 shares of the company’s stock, valued at $3,356,105.64. This represents a 40.53% increase in their ownership of the stock. The acquisition was disclosed in a filing with the SEC, which can be accessed through this link. Also, Director Bruce D. Hansen purchased 4,000 shares of the stock in a transaction on Wednesday, July 8th. The shares were acquired at an average cost of $12.70 per share, for a total transaction of $50,800.00. Following the transaction, the director owned 313,844 shares of the company’s stock, valued at approximately $3,985,818.80. The trade was a 1.29% increase in their ownership of the stock. Additional details regarding this purchase are available in the official SEC disclosure. Corporate insiders own 0.97% of the company’s stock.

Energy Fuels Profile

(Free Report)

Energy Fuels Inc (NYSE American: UUUU) is a U.S.-based mineral resources company focused on the production and processing of uranium, rare earth elements and other strategic minerals. The company’s core business activity centers on supplying nuclear fuel to power generators, leveraging a diversified portfolio of conventional and in-situ recovery (ISR) uranium mines located primarily on the Colorado Plateau, in Wyoming and in Texas.

At the heart of Energy Fuels’ operations is the White Mesa Mill in southeastern Utah, the only conventional uranium-vanadium mill currently permitted and operating in the United States.

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Institutional Ownership by Quarter for Energy Fuels (NYSEAMERICAN:UUUU)

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