Whittier Trust Co. purchased a new stake in shares of Energy Fuels Inc. (NYSEAMERICAN:UUUU – Get Rating) (TSE:EFR) during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor purchased 5,000 shares of the basic materials company’s stock, valued at approximately $31,000.
Several other institutional investors and hedge funds also recently made changes to their positions in the company. Vontobel Holding Ltd. lifted its stake in Energy Fuels by 25.4% during the 3rd quarter. Vontobel Holding Ltd. now owns 32,914 shares of the basic materials company’s stock valued at $201,000 after acquiring an additional 6,666 shares during the period. Metropolitan Life Insurance Co NY lifted its position in Energy Fuels by 23.9% during the third quarter. Metropolitan Life Insurance Co NY now owns 9,431 shares of the basic materials company’s stock valued at $58,000 after purchasing an additional 1,818 shares during the period. US Bancorp DE boosted its holdings in Energy Fuels by 76.1% in the third quarter. US Bancorp DE now owns 5,780 shares of the basic materials company’s stock worth $35,000 after purchasing an additional 2,497 shares during the last quarter. MMCAP International Inc. SPC grew its position in Energy Fuels by 87.8% in the 3rd quarter. MMCAP International Inc. SPC now owns 1,776,732 shares of the basic materials company’s stock worth $10,874,000 after purchasing an additional 830,810 shares during the period. Finally, Janney Montgomery Scott LLC raised its stake in Energy Fuels by 12.4% during the 3rd quarter. Janney Montgomery Scott LLC now owns 49,670 shares of the basic materials company’s stock valued at $304,000 after buying an additional 5,496 shares during the last quarter. Institutional investors own 38.22% of the company’s stock.
A number of equities analysts have recently issued reports on the company. TheStreet downgraded Energy Fuels from a “c-” rating to a “d” rating in a research note on Thursday, March 30th. HC Wainwright restated a “buy” rating and set a $9.75 price target on shares of Energy Fuels in a research note on Friday, March 10th. One equities research analyst has rated the stock with a sell rating and four have assigned a buy rating to the stock. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and an average target price of $11.42.
Energy Fuels Price Performance
NYSEAMERICAN UUUU opened at $5.12 on Friday. Energy Fuels Inc. has a 52 week low of $4.69 and a 52 week high of $11.00. The company has a market capitalization of $809.06 million, a P/E ratio of -13.84 and a beta of 1.75. The stock has a 50-day moving average of $6.90.
About Energy Fuels
Energy Fuels, Inc is a mining development company, which engages in the exploration and evaluation of uranium and vanadium properties. It also operates the Nichols Ranch, Alta Mesa, and White Mesa Mill projects. The company was founded by George E. L. Glasier and John David Mason on June 24, 1987 and is headquartered in Lakewood, CO.
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