UBS Group AG grew its holdings in shares of Energy Fuels Inc. (NYSEAMERICAN:UUUU – Get Rating) (TSE:EFR) by 17.3% in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 497,054 shares of the basic materials company’s stock after acquiring an additional 73,202 shares during the quarter. UBS Group AG owned 0.32% of Energy Fuels worth $3,042,000 at the end of the most recent quarter.
Several other institutional investors have also recently bought and sold shares of the business. Vontobel Holding Ltd. increased its stake in shares of Energy Fuels by 25.4% in the third quarter. Vontobel Holding Ltd. now owns 32,914 shares of the basic materials company’s stock valued at $201,000 after buying an additional 6,666 shares during the period. Oak Grove Capital LLC acquired a new position in shares of Energy Fuels in the second quarter valued at approximately $215,000. NTB Financial Corp acquired a new position in shares of Energy Fuels in the second quarter valued at approximately $54,000. MMCAP International Inc. SPC acquired a new position in shares of Energy Fuels in the second quarter valued at approximately $4,644,000. Finally, US Bancorp DE increased its stake in shares of Energy Fuels by 76.1% in the third quarter. US Bancorp DE now owns 5,780 shares of the basic materials company’s stock valued at $35,000 after buying an additional 2,497 shares during the period. Institutional investors and hedge funds own 38.22% of the company’s stock.
Energy Fuels Price Performance
Shares of UUUU stock opened at $6.67 on Friday. The company has a market capitalization of $1.05 billion, a PE ratio of -166.75 and a beta of 1.75. Energy Fuels Inc. has a one year low of $4.69 and a one year high of $11.00. The firm has a 50 day moving average of $6.90.
Insiders Place Their Bets
In other Energy Fuels news, Director Alex G. Morrison purchased 8,000 shares of the business’s stock in a transaction on Thursday, December 8th. The shares were purchased at an average cost of $6.03 per share, for a total transaction of $48,240.00. Following the acquisition, the director now owns 150,159 shares of the company’s stock, valued at $905,458.77. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Company insiders own 2.22% of the company’s stock.
Analyst Upgrades and Downgrades
Several analysts recently commented on the company. Canaccord Genuity Group reduced their target price on Energy Fuels from C$12.00 to C$11.50 in a report on Wednesday, November 16th. HC Wainwright upped their target price on Energy Fuels from $9.50 to $9.75 and gave the company a “buy” rating in a report on Thursday, February 16th. One research analyst has rated the stock with a sell rating and four have given a buy rating to the stock. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus target price of $11.42.
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 on June 24, 1987 and is headquartered in Lakewood, CO.
www.ferroalloynet.com
