Swiss National Bank grew its holdings in shares of Energy Fuels Inc. (NYSEAMERICAN:UUUU – Get Rating) (TSE:EFR) by 1.6% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 382,300 shares of the basic materials company’s stock after purchasing an additional 5,900 shares during the period. Swiss National Bank owned about 0.24% of Energy Fuels worth $2,365,000 at the end of the most recent quarter.
A number of other institutional investors and hedge funds have also recently made changes to their positions in UUUU. Bank of New York Mellon Corp grew its position in shares of Energy Fuels by 187.3% during the 1st quarter. Bank of New York Mellon Corp now owns 1,484,213 shares of the basic materials company’s stock worth $13,581,000 after purchasing an additional 967,543 shares in the last quarter. MMCAP International Inc. SPC boosted its position in shares of Energy Fuels by 87.8% during 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 acquiring an additional 830,810 shares in the last quarter. Goldman Sachs Group Inc. boosted its position in shares of Energy Fuels by 48.2% during the 2nd quarter. Goldman Sachs Group Inc. now owns 804,857 shares of the basic materials company’s stock worth $3,952,000 after acquiring an additional 261,688 shares in the last quarter. BlackRock Inc. boosted its position in shares of Energy Fuels by 2.7% during the 1st quarter. BlackRock Inc. now owns 7,818,248 shares of the basic materials company’s stock worth $71,537,000 after acquiring an additional 208,548 shares in the last quarter. Finally, State Street Corp boosted its position in shares of Energy Fuels by 7.4% during the 1st quarter. State Street Corp now owns 2,415,356 shares of the basic materials company’s stock worth $22,101,000 after acquiring an additional 166,549 shares in the last quarter. Institutional investors and hedge funds own 38.22% of the company’s stock.
In other news, Director J. Birks Bovaird sold 15,000 shares of the firm’s stock in a transaction on Tuesday, May 9th. The shares were sold at an average price of $8.05, for a total transaction of $120,750.00. Following the completion of the transaction, the director now owns 191,647 shares of the company’s stock, valued at $1,542,758.35. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Insiders own 2.30% of the company’s stock.
Analyst Upgrades and Downgrades
UUUU has been the topic of several analyst reports. TheStreet upgraded shares of Energy Fuels from a “d” rating to a “c+” rating in a research report on Thursday, May 18th. HC Wainwright reiterated a “buy” rating and set a $9.75 price target on shares of Energy Fuels in a research report on Friday, March 10th. One equities research analyst has rated the stock with a sell rating and three have issued a buy rating to the stock. Based on data from MarketBeat.com, Energy Fuels currently has an average rating of “Moderate Buy” and a consensus target price of $10.63.
Energy Fuels Price Performance
Shares of Energy Fuels stock opened at $6.16 on Thursday. Energy Fuels Inc. has a fifty-two week low of $4.69 and a fifty-two week high of $8.24. The firm has a market capitalization of $973.46 million, a price-to-earnings ratio of 14.00 and a beta of 1.75. The company has a 50 day moving average of $6.90.
Energy Fuels (NYSEAMERICAN:UUUU – Get Rating) (TSE:EFR) last issued its earnings results on Wednesday, March 8th. The basic materials company reported ($0.11) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.05) by ($0.06). Energy Fuels had a net margin of 236.87% and a negative return on equity of 16.69%. The company had revenue of $0.18 million during the quarter, compared to analyst estimates of $1.00 million. Research analysts expect that Energy Fuels Inc. will post 0.58 earnings per share for the current year.
Energy Fuels Profile
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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