SG Americas Securities LLC lifted its stake in Energy Fuels Inc. (NYSEAMERICAN:UUUU – Get Rating) (TSE:EFR) by 15.3% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 21,524 shares of the basic materials company’s stock after purchasing an additional 2,850 shares during the period. SG Americas Securities LLC’s holdings in Energy Fuels were worth $134,000 as of its most recent SEC filing.
Several other hedge funds and other institutional investors have also recently made changes to their positions in the stock. BlackRock Inc. raised its position in Energy Fuels by 2.7% during the first 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 during the last quarter. Vanguard Group Inc. raised its position in Energy Fuels by 0.7% during the third quarter. Vanguard Group Inc. now owns 5,486,131 shares of the basic materials company’s stock worth $33,576,000 after acquiring an additional 37,269 shares during the last quarter. State Street Corp raised its position in Energy Fuels by 5.4% during the second quarter. State Street Corp now owns 2,545,755 shares of the basic materials company’s stock worth $12,500,000 after acquiring an additional 130,399 shares during the last quarter. Bank of New York Mellon Corp raised its position in Energy Fuels by 31.6% during the third quarter. Bank of New York Mellon Corp now owns 2,035,871 shares of the basic materials company’s stock worth $12,459,000 after acquiring an additional 488,810 shares during the last quarter. Finally, MMCAP International Inc. SPC raised its position in Energy Fuels by 87.8% during the third 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 during the last quarter. Institutional investors and hedge funds own 38.22% of the company’s stock.
A number of equities analysts have recently weighed in on UUUU shares. HC Wainwright reissued a “buy” rating and issued a $9.75 price objective on shares of Energy Fuels in a research report on Friday, March 10th. TheStreet downgraded shares of Energy Fuels from a “c-” rating to a “d” rating in a research note on Thursday, March 30th. One research analyst has rated the stock with a sell rating and four have given a buy rating to the company’s stock. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus price target of $11.42.
Insider Transactions at Energy Fuels
In other news, Director J. Birks Bovaird sold 15,000 shares of the stock in a transaction on Tuesday, May 9th. The shares were sold at an average price of $8.05, for a total value of $120,750.00. Following the completion of the sale, the director now owns 191,647 shares of the company’s stock, valued at $1,542,758.35. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Company insiders own 2.22% of the company’s stock.
Energy Fuels Stock Up 1.8 %
Shares of UUUU stock opened at $6.07 on Monday. Energy Fuels Inc. has a one year low of $4.69 and a one year high of $8.24. The stock’s 50 day moving average is $6.88. The firm has a market capitalization of $959.24 million, a price-to-earnings ratio of 13.80 and a beta of 1.75.
Energy Fuels (NYSEAMERICAN:UUUU – Get Rating) (TSE:EFR) last issued its quarterly earnings results on Wednesday, March 8th. The basic materials company reported ($0.11) EPS for the quarter, missing the consensus estimate of ($0.05) by ($0.06). Energy Fuels had a negative return on equity of 18.32% and a net margin of 236.87%. The company had revenue of $0.18 million for the quarter, compared to analyst estimates of $1.00 million. Sell-side analysts anticipate that Energy Fuels Inc. will post 0.16 earnings per share for the current fiscal 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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