Principal Financial Group Inc. Has $53,000 Stake in Energy Fuels Inc. (NYSEAMERICAN:UUUU)

Principal Financial Group Inc. lessened its stake in shares of Energy Fuels Inc. (NYSEAMERICAN:UUUU) by 20.5% during the fourth quarter, Holdings Channel reports. The fund owned 10,291 shares of the company’s stock after selling 2,661 shares during the quarter. Principal Financial Group Inc.’s holdings in Energy Fuels were worth $53,000 as of its most recent SEC filing.

A number of other institutional investors also recently modified their holdings of UUUU. Van ECK Associates Corp increased its stake in Energy Fuels by 104.9% during the 4th quarter. Van ECK Associates Corp now owns 4,838,420 shares of the company’s stock valued at $24,823,000 after purchasing an additional 2,477,539 shares in the last quarter. Geode Capital Management LLC increased its stake in Energy Fuels by 14.1% during the 3rd quarter. Geode Capital Management LLC now owns 2,318,522 shares of the company’s stock valued at $12,731,000 after purchasing an additional 285,680 shares in the last quarter. Bridgewater Associates LP increased its stake in Energy Fuels by 8.8% during the 3rd quarter. Bridgewater Associates LP now owns 1,656,516 shares of the company’s stock valued at $9,094,000 after purchasing an additional 134,531 shares in the last quarter. Robertson Stephens Wealth Management LLC increased its stake in Energy Fuels by 3.7% during the 4th quarter. Robertson Stephens Wealth Management LLC now owns 1,579,919 shares of the company’s stock valued at $8,105,000 after purchasing an additional 55,709 shares in the last quarter. Finally, The Manufacturers Life Insurance Company increased its stake in Energy Fuels by 233.1% during the 3rd quarter. The Manufacturers Life Insurance Company now owns 904,190 shares of the company’s stock valued at $4,966,000 after purchasing an additional 632,713 shares in the last quarter. Institutional investors and hedge funds own 48.24% of the company’s stock.

Analysts Set New Price Targets

Several analysts have recently issued reports on UUUU shares. Roth Mkm upgraded shares of Energy Fuels from a “neutral” rating to a “buy” rating and set a $5.75 target price for the company in a research note on Friday, February 28th. Roth Capital upgraded shares of Energy Fuels from a “hold” rating to a “strong-buy” rating in a research note on Friday, February 28th. Finally, HC Wainwright reduced their target price on shares of Energy Fuels from $11.00 to $10.75 and set a “buy” rating for the company in a research note on Friday, February 28th.

Insider Activity at Energy Fuels

In related news, Director J. Birks Bovaird sold 10,000 shares of the stock in a transaction dated Thursday, January 2nd. The shares were sold at an average price of $5.44, for a total transaction of $54,400.00. Following the completion of the transaction, the director now owns 178,380 shares in the company, valued at approximately $970,387.20. This represents a 5.31 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Alex G. Morrison sold 17,500 shares of the stock in a transaction dated Wednesday, December 18th. The shares were sold at an average price of $5.72, for a total transaction of $100,100.00. Following the transaction, the director now owns 165,528 shares of the company’s stock, valued at approximately $946,820.16. The trade was a 9.56 % decrease in their position. The disclosure for this sale can be found here. 1.92% of the stock is owned by company insiders.

Energy Fuels Stock Performance

UUUU opened at $4.07 on Friday. The firm has a market cap of $808.67 million, a P/E ratio of -18.50 and a beta of 1.68. The firm has a 50-day moving average of $5.33 and a 200 day moving average of $5.56. Energy Fuels Inc. has a fifty-two week low of $3.74 and a fifty-two week high of $7.47.

Energy Fuels Profile

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.