Marshall Wace LLP acquired a new stake in Energy Fuels Inc. (NYSEAMERICAN:UUUU) (TSE:EFR) during the 3rd quarter. The institutional investor acquired 593,267 shares of the basic materials company’s stock, valued at approximately $4,158,000.
Other large investors also recently added to or reduced their stakes in the company. Deutsche Bank AG boosted its position in shares of Energy Fuels by 17.1% in the second quarter. Deutsche Bank AG now owns 115,615 shares of the basic materials company’s stock valued at $699,000 after acquiring an additional 16,896 shares during the period. Bank of Montreal Can boosted its position in shares of Energy Fuels by 49.7% in the second quarter. Bank of Montreal Can now owns 51,921 shares of the basic materials company’s stock valued at $339,000 after acquiring an additional 17,245 shares during the period. JPMorgan Chase & Co. boosted its position in shares of Energy Fuels by 6.9% in the second quarter. JPMorgan Chase & Co. now owns 90,217 shares of the basic materials company’s stock valued at $546,000 after acquiring an additional 5,859 shares during the period. Legal & General Group Plc boosted its position in shares of Energy Fuels by 105.7% in the second quarter. Legal & General Group Plc now owns 22,680 shares of the basic materials company’s stock valued at $140,000 after acquiring an additional 11,656 shares during the period. Finally, Vanguard Group Inc. boosted its position in shares of Energy Fuels by 15.9% in the second quarter. Vanguard Group Inc. now owns 5,005,400 shares of the basic materials company’s stock valued at $30,282,000 after acquiring an additional 685,889 shares during the period. Hedge funds and other institutional investors own 30.03% of the company’s stock.
Separately, TheStreet raised shares of Energy Fuels from a “d+” rating to a “c-” rating in a research report on Thursday, December 9th. One equities research analyst has rated the stock with a hold rating and three have assigned a buy rating to the stock. According to data from MarketBeat, the stock presently has an average rating of “Buy” and a consensus price target of $8.00.
UUUU opened at $6.23 on Friday. Energy Fuels Inc. has a twelve month low of $4.32 and a twelve month high of $11.39. The stock has a market cap of $973.64 million, a P/E ratio of -25.96 and a beta of 1.46.
About Energy Fuels
Energy Fuels, Inc is a mining development company, which engages in the exploration and evaluation of uranium and vanadium properties. The firm’s projects include Nichols Ranch, Alta Mesa, and White Mesa Mill. The company was founded by George E. L. Glasier and John David Mason in 1987 and is headquartered in Lakewood, CO.
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