The Manufacturers Life Insurance Company increased its stake in shares of Energy Fuels Inc. (NYSEAMERICAN:UUUU) (TSE:EFR) by 17.9% during the third quarter. The institutional investor owned 138,391 shares of the basic materials company’s stock after acquiring an additional 20,983 shares during the period. The Manufacturers Life Insurance Company’s holdings in Energy Fuels were worth $1,226,000 as of its most recent filing with the Securities & Exchange Commission.
A number of other institutional investors and hedge funds have also made changes to their positions in UUUU. TD Asset Management Inc. raised its holdings in Energy Fuels by 1.1% in the 3rd quarter. TD Asset Management Inc. now owns 139,675 shares of the basic materials company’s stock valued at $977,000 after acquiring an additional 1,504 shares during the last quarter. Janney Montgomery Scott LLC raised its stake in shares of Energy Fuels by 18.3% in the 3rd quarter. Janney Montgomery Scott LLC now owns 22,118 shares of the basic materials company’s stock valued at $155,000 after purchasing an additional 3,422 shares in the last quarter. Foresight Wealth Management LLC raised its stake in shares of Energy Fuels by 52.5% in the 3rd quarter. Foresight Wealth Management LLC now owns 15,320 shares of the basic materials company’s stock valued at $108,000 after purchasing an additional 5,275 shares in the last quarter. JPMorgan Chase & Co. raised its stake in Energy Fuels by 6.9% during the second quarter. JPMorgan Chase & Co. now owns 90,217 shares of the basic materials company’s stock worth $546,000 after acquiring an additional 5,859 shares during the period. Finally, U S Global Investors Inc. bought a new position in Energy Fuels in the 3rd quarter worth about $42,000. 30.03% of the stock is currently owned by institutional investors.
Separately, TheStreet upgraded shares of Energy Fuels from a “d+” rating to a “c-” rating in a report on Thursday, December 9th. One research analyst has rated the stock with a hold rating and three have issued a buy rating to the stock. According to data from MarketBeat, the company has a consensus rating of “Buy” and an average price target of $8.00.
NYSEAMERICAN:UUUU opened at $6.64 on Tuesday. The stock has a market cap of $1.04 billion, a PE ratio of -27.67 and a beta of 1.46. Energy Fuels Inc. has a 52 week low of $4.32 and a 52 week high of $11.39.
Energy Fuels Profile
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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