Themes Management Co LLC Purchases New Position in Uranium Energy Corp. $UEC

Themes Management Co LLC purchased a new stake in Uranium Energy Corp. (NYSEAMERICAN:UEC) during the fourth quarter, according to its most recent filing with the SEC. The firm purchased 50,053 shares of the basic materials company’s stock, valued at approximately $585,000.

A number of other hedge funds have also modified their holdings of the company. Legal & General Group Plc raised its position in shares of Uranium Energy by 1.7% in the 4th quarter. Legal & General Group Plc now owns 532,475 shares of the basic materials company’s stock valued at $6,219,000 after acquiring an additional 9,051 shares during the period. Prospera Financial Services Inc raised its position in shares of Uranium Energy by 60.9% in the 4th quarter. Prospera Financial Services Inc now owns 22,024 shares of the basic materials company’s stock valued at $257,000 after acquiring an additional 8,333 shares during the period. Boundless Plain Holdings Ltd acquired a new stake in shares of Uranium Energy in the 4th quarter valued at approximately $2,085,000. Legato Capital Management LLC raised its position in shares of Uranium Energy by 41.7% in the 4th quarter. Legato Capital Management LLC now owns 79,567 shares of the basic materials company’s stock valued at $929,000 after acquiring an additional 23,421 shares during the period. Finally, Advisory Alpha LLC acquired a new stake in shares of Uranium Energy in the 4th quarter valued at approximately $183,000. 62.28% of the stock is currently owned by institutional investors and hedge funds.

Uranium Energy Stock Performance

Shares of UEC stock opened at $13.02 on Tuesday. The company has a market capitalization of $6.38 billion, a P/E ratio of -108.50 and a beta of 1.17. The company’s 50 day moving average price is $13.96 and its two-hundred day moving average price is $14.22. Uranium Energy Corp. has a 52 week low of $5.63 and a 52 week high of $20.34.

Uranium Energy (NYSEAMERICAN:UEC) last announced its earnings results on Tuesday, March 10th. The basic materials company reported ($0.03) EPS for the quarter, hitting the consensus estimate of ($0.03). The company had revenue of $20.20 million for the quarter, compared to analyst estimates of $12.85 million. Analysts forecast that Uranium Energy Corp. will post -0.12 earnings per share for the current year.

Analyst Upgrades and Downgrades

A number of analysts recently weighed in on the stock. HC Wainwright reiterated a “buy” rating and issued a $26.75 price target on shares of Uranium Energy in a research report on Wednesday, May 20th. Roth Mkm set a $17.00 price target on shares of Uranium Energy in a research report on Wednesday, March 11th. TD Securities cut their price target on shares of Uranium Energy from $22.00 to $21.00 and set a “buy” rating on the stock in a research report on Wednesday, March 11th. Finally, The Goldman Sachs Group reiterated a “buy” rating and issued a $18.00 price target on shares of Uranium Energy in a research report on Wednesday, February 4th. One investment analyst has rated the stock with a Strong Buy rating, six have given a Buy rating and two have assigned a Hold rating to the company’s stock. According to MarketBeat.com, Uranium Energy presently has an average rating of “Moderate Buy” and a consensus target price of $17.66.

About Uranium Energy

Uranium Energy Corp. is a uranium mining and exploration company focused on the development and production of uranium through in-situ recovery (ISR) methods. The company’s core activities include operating ISR projects, advancing exploration properties, and engaging in joint ventures to secure uranium supply for nuclear power generation. Uranium Energy’s approach emphasizes environmentally conscious extraction techniques that minimize land disturbance and water usage compared with conventional mining.

The company’s primary producing asset is the Hobson ISR facility in South Texas, which commenced production to supply uranium concentrate to nuclear utilities.