Total Wealth Planning LLC Buys Shares of 10,000 Uranium Energy Corp. (NYSEAMERICAN:UEC)

Total Wealth Planning LLC purchased a new position in shares of Uranium Energy Corp. (NYSEAMERICAN:UEC) during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor purchased 10,000 shares of the basic materials company’s stock, valued at approximately $67,000.

Several other hedge funds and other institutional investors have also made changes to their positions in UEC. GAMMA Investing LLC grew its stake in Uranium Energy by 180.1% during the 4th quarter. GAMMA Investing LLC now owns 4,338 shares of the basic materials company’s stock worth $29,000 after purchasing an additional 2,789 shares in the last quarter. Strategic Investment Solutions Inc. IL purchased a new stake in shares of Uranium Energy during the second quarter worth approximately $26,000. Farther Finance Advisors LLC raised its holdings in Uranium Energy by 5,130.4% in the third quarter. Farther Finance Advisors LLC now owns 4,812 shares of the basic materials company’s stock valued at $30,000 after acquiring an additional 4,720 shares in the last quarter. Quintet Private Bank Europe S.A. purchased a new position in Uranium Energy in the third quarter worth approximately $33,000. Finally, BNP Paribas purchased a new position in Uranium Energy in the third quarter worth approximately $38,000. Hedge funds and other institutional investors own 62.28% of the company’s stock.

Uranium Energy Stock Performance

Shares of Uranium Energy stock opened at $6.85 on Friday. Uranium Energy Corp. has a 52 week low of $4.06 and a 52 week high of $8.93. The company has a 50 day moving average of $6.62.

Wall Street Analysts Forecast Growth

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

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.