HighTower Advisors LLC Has $2.55 Million Stock Position in Energy Fuels Inc $UUUU

HighTower Advisors LLC lowered its stake in shares of Energy Fuels Inc (NYSEAMERICAN:UUUU) by 14.6% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 175,646 shares of the company’s stock after selling 29,916 shares during the period. HighTower Advisors LLC’s holdings in Energy Fuels were worth $2,554,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors have also recently made changes to their positions in UUUU. AQR Capital Management LLC acquired a new position in shares of Energy Fuels during the first quarter valued at about $871,000. NewEdge Advisors LLC raised its holdings in shares of Energy Fuels by 67.7% during the first quarter. NewEdge Advisors LLC now owns 57,876 shares of the company’s stock valued at $216,000 after purchasing an additional 23,356 shares during the period. Creative Planning raised its holdings in shares of Energy Fuels by 56.9% during the second quarter. Creative Planning now owns 53,344 shares of the company’s stock valued at $307,000 after purchasing an additional 19,339 shares during the period. Prudential Financial Inc. raised its holdings in shares of Energy Fuels by 82.1% during the second quarter. Prudential Financial Inc. now owns 22,540 shares of the company’s stock valued at $130,000 after purchasing an additional 10,163 shares during the period. Finally, Russell Investments Group Ltd. raised its holdings in shares of Energy Fuels by 31.7% during the second quarter. Russell Investments Group Ltd. now owns 15,994 shares of the company’s stock valued at $92,000 after purchasing an additional 3,854 shares during the period. Institutional investors and hedge funds own 48.24% of the company’s stock.

Insiders Place Their Bets

In other Energy Fuels news, VP Daniel Kapostasy sold 15,000 shares of the company’s stock in a transaction dated Friday, April 10th. The shares were sold at an average price of $18.71, for a total value of $280,650.00. Following the completion of the sale, the vice president directly owned 30,486 shares of the company’s stock, valued at approximately $570,393.06. This represents a 32.98% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, Director Dennis Lyle Higgs sold 6,000 shares of the company’s stock in a transaction dated Tuesday, March 10th. The stock was sold at an average price of $20.64, for a total transaction of $123,840.00. Following the completion of the sale, the director directly owned 151,113 shares of the company’s stock, valued at $3,118,972.32. The trade was a 3.82% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last ninety days, insiders sold 59,000 shares of company stock valued at $1,130,000. Corporate insiders own 0.97% of the company’s stock.

Energy Fuels Stock Performance

NYSEAMERICAN:UUUU opened at $18.22 on Monday. The company has a debt-to-equity ratio of 0.93, a current ratio of 27.51 and a quick ratio of 25.59. The firm has a 50-day moving average of $19.25 and a 200-day moving average of $18.81. The company has a market cap of $4.55 billion, a PE ratio of -62.83 and a beta of 1.45. Energy Fuels Inc has a one year low of $4.82 and a one year high of $27.90.

Energy Fuels (NYSEAMERICAN:UUUU) last issued its quarterly earnings data on Wednesday, May 6th. The company reported ($0.04) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.02) by ($0.02). Energy Fuels had a negative return on equity of 10.23% and a negative net margin of 83.26%.During the same quarter in the prior year, the company earned ($0.13) earnings per share. The company’s quarterly revenue was up 112.1% on a year-over-year basis. As a group, equities research analysts expect that Energy Fuels Inc will post -0.14 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

UUUU has been the topic of several research reports. HC Wainwright upped their price objective on shares of Energy Fuels from $27.25 to $29.00 and gave the company a “buy” rating in a report on Friday, May 8th. The Goldman Sachs Group initiated coverage on shares of Energy Fuels in a report on Tuesday, February 10th. They set a “buy” rating and a $30.00 price objective on the stock. Finally, Roth Mkm reiterated a “neutral” rating and set a $17.00 price objective on shares of Energy Fuels in a report on Monday, May 11th. 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, the stock has an average rating of “Moderate Buy” and an average target price of $25.75.

Energy Fuels 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.