Ausbil Investment Management Ltd Sells 20,000 Shares of Uranium Energy Corp. (NYSEAMERICAN:UEC)

Ausbil Investment Management Ltd lowered its stake in shares of Uranium Energy Corp. (NYSEAMERICAN:UEC) by 20.6% during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 77,000 shares of the basic materials company’s stock after selling 20,000 shares during the quarter. Ausbil Investment Management Ltd’s holdings in Uranium Energy were worth $515,000 at the end of the most recent quarter.

Other hedge funds also recently made changes to their positions in the company. Stonehage Fleming Financial Services Holdings Ltd raised its stake in shares of Uranium Energy by 21.1% during the fourth quarter. Stonehage Fleming Financial Services Holdings Ltd now owns 7,870 shares of the basic materials company’s stock worth $53,000 after acquiring an additional 1,370 shares in the last quarter. Vontobel Holding Ltd. grew its holdings in shares of Uranium Energy by 3.9% during the 3rd quarter. Vontobel Holding Ltd. now owns 38,548 shares of the basic materials company’s stock valued at $239,000 after purchasing an additional 1,461 shares during the last quarter. Integrated Wealth Concepts LLC raised its position in Uranium Energy by 4.4% in the 3rd quarter. Integrated Wealth Concepts LLC now owns 36,773 shares of the basic materials company’s stock worth $228,000 after purchasing an additional 1,560 shares during the period. National Bank of Canada FI lifted its stake in Uranium Energy by 29.7% in the third quarter. National Bank of Canada FI now owns 7,485 shares of the basic materials company’s stock worth $46,000 after purchasing an additional 1,713 shares during the last quarter. Finally, Ballentine Partners LLC boosted its position in Uranium Energy by 11.7% during the fourth quarter. Ballentine Partners LLC now owns 17,179 shares of the basic materials company’s stock valued at $115,000 after buying an additional 1,795 shares during the period. 62.28% of the stock is owned by institutional investors.

Analyst Ratings Changes

UEC has been the topic of several recent analyst reports. Roth Mkm restated a “buy” rating and issued a $10.25 target price (up previously from $9.75) on shares of Uranium Energy in a report on Wednesday, October 23rd. HC Wainwright raised their price target on shares of Uranium Energy from $10.25 to $11.00 and gave the stock a “buy” rating in a report on Monday, December 9th.

Uranium Energy Stock Down 2.9 %

Shares of NYSEAMERICAN UEC opened at $7.06 on Friday. The firm’s 50 day simple moving average is $6.63. Uranium Energy Corp. has a fifty-two week low of $4.06 and a fifty-two week high of $8.93.

About Uranium Energy

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.