BNP Paribas Financial Markets Sells 92,980 Shares of Uranium Energy Corp. (NYSEAMERICAN:UEC)

BNP Paribas Financial Markets trimmed its holdings in Uranium Energy Corp. (NYSEAMERICAN:UEC) by 31.0% in the 3rd quarter, Holdings Channel reports. The fund owned 206,843 shares of the basic materials company’s stock after selling 92,980 shares during the quarter. BNP Paribas Financial Markets’ holdings in Uranium Energy were worth $1,284,000 as of its most recent SEC filing.

A number of other large investors also recently bought and sold shares of the business. Strategic Investment Solutions Inc. IL purchased a new stake in Uranium Energy in the second quarter worth about $26,000. Farther Finance Advisors LLC boosted its position in shares of Uranium Energy by 5,130.4% in the 3rd quarter. Farther Finance Advisors LLC now owns 4,812 shares of the basic materials company’s stock worth $30,000 after purchasing an additional 4,720 shares in the last quarter. Quintet Private Bank Europe S.A. purchased a new stake in shares of Uranium Energy in the 3rd quarter worth approximately $33,000. Blackhawk Capital Partners LLC. bought a new position in Uranium Energy during the 2nd quarter valued at approximately $69,000. Finally, Clear Creek Financial Management LLC bought a new position in Uranium Energy during the 3rd quarter valued at approximately $78,000. 62.28% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

Several equities research analysts have commented on UEC shares. HC Wainwright boosted their target price on Uranium Energy from $10.25 to $11.00 and gave the stock a “buy” rating in a report on Monday. Roth Mkm reiterated a “buy” rating and issued a $10.25 price target (up previously from $9.75) on shares of Uranium Energy in a research note on Wednesday, October 23rd.

Uranium Energy Price Performance

UEC stock opened at $8.00 on Tuesday. The company has a 50 day simple moving average of $6.54. Uranium Energy Corp. has a 12-month low of $4.06 and a 12-month high of $8.93. The company has a market cap of $3.38 billion, a PE ratio of -66.67 and a beta of 1.84.

Uranium Energy (NYSEAMERICAN:UEC) last announced its quarterly earnings results on Thursday, September 26th. The basic materials company reported ($0.03) earnings per share (EPS) for the quarter. As a group, analysts predict that Uranium Energy Corp. will post 0.09 EPS for the current year.

Uranium Energy Profile

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.