Janney Montgomery Scott LLC lifted its holdings in shares of Energy Fuels Inc. (NYSEAMERICAN:UUUU – Free Report) (TSE:EFR) by 5.7% during the first quarter, according to its most recent disclosure with the SEC. The fund owned 54,330 shares of the basic materials company’s stock after acquiring an additional 2,913 shares during the period. Janney Montgomery Scott LLC’s holdings in Energy Fuels were worth $303,000 at the end of the most recent quarter.
Other large investors have also modified their holdings of the company. MMCAP International Inc. SPC raised its stake in Energy Fuels by 62.4% in the 4th quarter. MMCAP International Inc. SPC now owns 2,885,108 shares of the basic materials company’s stock valued at $17,917,000 after purchasing an additional 1,108,376 shares during the last quarter. Bank of New York Mellon Corp raised its holdings in shares of Energy Fuels by 187.3% in the 1st quarter. Bank of New York Mellon Corp now owns 1,484,213 shares of the basic materials company’s stock valued at $13,581,000 after purchasing an additional 967,543 shares in the last quarter. Goehring & Rozencwajg Associates LLC purchased a new stake in shares of Energy Fuels during the 4th quarter worth approximately $4,234,000. Goldman Sachs Group Inc. lifted 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 buying an additional 261,688 shares during the last quarter. Finally, BlackRock Inc. increased its holdings in shares of Energy Fuels by 2.7% in the 1st quarter. BlackRock Inc. now owns 7,818,248 shares of the basic materials company’s stock valued at $71,537,000 after acquiring an additional 208,548 shares during the period. Hedge funds and other institutional investors own 40.13% of the company’s stock.
Shares of UUUU opened at $6.36 on Wednesday. The firm has a market cap of $1.01 billion, a PE ratio of 12.23 and a beta of 1.69. Energy Fuels Inc. has a one year low of $4.85 and a one year high of $8.24.
Wall Street Analyst Weigh In
UUUU has been the topic of a number of recent analyst reports. HC Wainwright upped their price target on shares of Energy Fuels from $9.75 to $10.00 and gave the stock a “buy” rating in a research note on Tuesday. TheStreet upgraded shares of Energy Fuels from a “d” rating to a “c+” rating in a report on Thursday, May 18th.
In related news, VP Curtis Moore sold 14,500 shares of the stock in a transaction on Tuesday, June 13th. The stock was sold at an average price of $6.90, for a total value of $100,050.00. Following the completion of the transaction, the vice president now owns 92,778 shares in the company, valued at approximately $640,168.20. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. In related news, VP Curtis Moore sold 14,500 shares of the firm’s stock in a transaction that occurred on Tuesday, June 13th. The stock was sold at an average price of $6.90, for a total value of $100,050.00. Following the transaction, the vice president now directly owns 92,778 shares of the company’s stock, valued at approximately $640,168.20. The sale was disclosed in a document filed with the Securities & Exchange Commission. Also, Director Barbara Appelin Filas sold 10,000 shares of Energy Fuels stock in a transaction that occurred on Tuesday, June 6th. The stock was sold at an average price of $6.25, for a total value of $62,500.00. Following the completion of the transaction, the director now directly owns 134,113 shares in the company, valued at $838,206.25. Insiders have sold a total of 77,486 shares of company stock valued at $499,290 over the last three months. Company insiders own 2.30% of the company’s stock.
About Energy Fuels
Energy Fuels Inc, together with its subsidiaries, engages in the extraction, recovery, exploration, processing, permitting, evaluation, and sale of uranium, vanadium, and rare earth elements. It also targets heavy mineral sands, including ilmenite, rutile, zircon, and monazite. The company owns and operates the Nichols Ranch project located in Wyoming, White Mesa Mill located in Utah, the Pinyon Plain project located in Arizona, the Roca Honda project located in Central New Mexico, the Sheep Mountain project located in Wyoming, the Bullfrog project located in Utah, and the La Sal project located in La Sal West and La Sal East.
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