Uranium Energy Corp. (NYSEAMERICAN:UEC) Shares Bought by Integrated Wealth Concepts LLC

Integrated Wealth Concepts LLC increased its position in shares of Uranium Energy Corp. (NYSEAMERICAN:UEC) by 4.4% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 36,773 shares of the basic materials company’s stock after purchasing an additional 1,560 shares during the period. Integrated Wealth Concepts LLC’s holdings in Uranium Energy were worth $228,000 at the end of the most recent quarter.

A number of other institutional investors have also recently added to or reduced their stakes in UEC. Strategic Investment Solutions Inc. IL bought a new position in shares of Uranium Energy during the 2nd quarter valued at about $26,000. Farther Finance Advisors LLC lifted its stake in Uranium Energy by 5,130.4% during the third quarter. Farther Finance Advisors LLC now owns 4,812 shares of the basic materials company’s stock valued at $30,000 after purchasing an additional 4,720 shares during the last quarter. Quintet Private Bank Europe S.A. bought a new stake in Uranium Energy during the third quarter worth approximately $33,000. BNP Paribas acquired a new position in Uranium Energy in the third quarter worth approximately $38,000. Finally, Blackhawk Capital Partners LLC. bought a new position in shares of Uranium Energy in the second quarter valued at $69,000. 62.28% of the stock is currently owned by institutional investors and hedge funds.

Uranium Energy Stock Down 3.7 %

NYSEAMERICAN:UEC opened at $7.88 on Friday. The company’s fifty day simple moving average is $6.57. The firm has a market capitalization of $3.33 billion, a price-to-earnings ratio of -65.67 and a beta of 1.84. Uranium Energy Corp. has a 1-year low of $4.06 and a 1-year high of $8.93.

Uranium Energy (NYSEAMERICAN:UEC) last issued its earnings results on Thursday, September 26th. The basic materials company reported ($0.03) earnings per share for the quarter. As a group, sell-side analysts anticipate that Uranium Energy Corp. will post 0.02 earnings per share for the current year.

Wall Street Analyst Weigh In

A number of brokerages recently issued reports on UEC. Roth Mkm restated a “buy” rating and issued a $10.25 target price (up from $9.75) on shares of Uranium Energy in a report on Wednesday, October 23rd. HC Wainwright lifted their price target on Uranium Energy from $10.25 to $11.00 and gave the stock a “buy” rating in a research note on Monday, December 9th.

Uranium Energy Company 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.