SG Americas Securities LLC raised its stake in Energy Fuels Inc (NYSEAMERICAN:UUUU – Free Report) by 36.6% during the first quarter, Holdings Channel reports. The fund owned 1,010,166 shares of the company’s stock after buying an additional 270,811 shares during the period. SG Americas Securities LLC’s holdings in Energy Fuels were worth $18,436,000 as of its most recent filing with the Securities & Exchange Commission.
A number of other institutional investors and hedge funds have also recently modified their holdings of UUUU. Harbour Investments Inc. lifted its stake in Energy Fuels by 74.5% in the fourth quarter. Harbour Investments Inc. now owns 1,736 shares of the company’s stock valued at $25,000 after purchasing an additional 741 shares during the last quarter. Smartleaf Asset Management LLC increased its position in Energy Fuels by 75.9% in the fourth quarter. Smartleaf Asset Management LLC now owns 1,757 shares of the company’s stock worth $25,000 after buying an additional 758 shares during the last quarter. Mcguire Capital Advisors Inc. bought a new stake in shares of Energy Fuels in the fourth quarter valued at $27,000. State of Wyoming bought a new stake in shares of Energy Fuels in the fourth quarter valued at $34,000. Finally, EFG International AG purchased a new position in shares of Energy Fuels during the 4th quarter valued at $36,000. 48.24% of the stock is owned by institutional investors.
Insider Buying and Selling
In other Energy Fuels news, VP Daniel Kapostasy sold 15,000 shares of Energy Fuels stock in a transaction dated Friday, April 10th. The stock was sold at an average price of $18.71, for a total transaction of $280,650.00. Following the completion of the transaction, the vice president owned 30,486 shares of the company’s stock, valued at $570,393.06. The trade was a 32.98% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. 0.97% of the stock is currently owned by corporate insiders.
Energy Fuels Trading Down 4.1%
Energy Fuels (NYSEAMERICAN:UUUU – Get Free Report) last announced its quarterly earnings results on Wednesday, May 6th. The company reported ($0.04) earnings per share for the quarter, missing the consensus estimate of ($0.02) by ($0.02). Energy Fuels had a negative net margin of 83.26% and a negative return on equity of 10.23%. During the same period in the previous year, the firm earned ($0.13) earnings per share. The firm’s revenue was up 112.1% on a year-over-year basis. As a group, analysts expect that Energy Fuels Inc will post -0.14 EPS for the current year.
Wall Street Analysts Forecast Growth
Several research analysts have recently weighed in on UUUU shares. HC Wainwright reiterated a “buy” rating and set a $29.00 price target on shares of Energy Fuels in a research note on Monday. The Goldman Sachs Group lowered their price objective on Energy Fuels from $29.00 to $21.00 and set a “buy” rating on the stock in a research note on Friday, June 12th. Finally, Roth Mkm set a $16.00 price objective on shares of Energy Fuels in a report on Thursday. Three research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company. Based on data from MarketBeat.com, Energy Fuels presently has an average rating of “Moderate Buy” and a consensus price target of $23.25.
View Our Latest Research Report on Energy Fuels
Energy Fuels Company Profile
Energy Fuels Inc (NYSE American: UUUU) is a U.S.-based mineral resources company focused on the production and processing of uranium, rare earth elements and other strategic minerals. The company’s core business activity centers on supplying nuclear fuel to power generators, leveraging a diversified portfolio of conventional and in-situ recovery (ISR) uranium mines located primarily on the Colorado Plateau, in Wyoming and in Texas.
At the heart of Energy Fuels’ operations is the White Mesa Mill in southeastern Utah, the only conventional uranium-vanadium mill currently permitted and operating in the United States.
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