Raymond James Financial Services Advisors Inc. Increases Position in Energy Fuels Inc. (NYSE:UUUU)

Raymond James Financial Services Advisors Inc. boosted its holdings in Energy Fuels Inc. (NYSE:UUUU) by 77.7% during the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm owned 26,467 shares of the company’s stock after purchasing an additional 11,569 shares during the quarter. Raymond James Financial Services Advisors Inc.’s holdings in Energy Fuels were worth $190,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also bought and sold shares of the company. IFP Advisors Inc purchased a new stake in Energy Fuels in the third quarter worth about $51,000. Exchange Traded Concepts LLC purchased a new stake in shares of Energy Fuels during the third quarter valued at approximately $63,000. Avior Wealth Management LLC purchased a new stake in shares of Energy Fuels during the third quarter valued at approximately $64,000. Tucker Asset Management LLC purchased a new stake in shares of Energy Fuels during the third quarter valued at approximately $99,000. Finally, Avantax Advisory Services Inc. purchased a new stake in shares of Energy Fuels during the third quarter valued at approximately $184,000. Hedge funds and other institutional investors own 48.24% of the company’s stock.

Wall Street Analyst Weigh In

A number of research firms have recently commented on UUUU. Roth Mkm increased their price target on shares of Energy Fuels from $9.25 to $10.50 and gave the company a “buy” rating in a report on Tuesday, January 23rd. B. Riley initiated coverage on shares of Energy Fuels in a report on Thursday, April 18th. They set a “buy” rating and a $9.00 price target on the stock. One analyst has rated the stock with a sell rating and three have assigned a buy rating to the company. Based on data from MarketBeat.com, Energy Fuels currently has an average rating of “Moderate Buy” and a consensus price target of $9.83.

Insiders Place Their Bets

In other Energy Fuels news, Director J. Birks Bovaird sold 10,000 shares of the stock in a transaction that occurred on Wednesday, April 3rd. The shares were sold at an average price of $9.28, for a total value of $92,800.00. Following the transaction, the director now directly owns 187,380 shares in the company, valued at $1,738,886.40. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Insiders own 2.30% of the company’s stock.

Energy Fuels Stock Up 2.5 %

Shares of UUUU stock opened at $5.37 on Thursday. Energy Fuels Inc. has a 12-month low of $5.02 and a 12-month high of $9.02. The stock has a 50 day moving average of $6.83. The stock has a market capitalization of $866.02 million, a PE ratio of 8.32 and a beta of 1.53.

Energy Fuels (NYSE:UUUU) last issued its earnings results on Friday, February 23rd. The company reported ($0.13) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.03) by ($0.10). Energy Fuels had a negative return on equity of 7.97% and a net margin of 263.04%. The company had revenue of $0.47 million during the quarter, compared to analysts’ expectations of $6.45 million. On average, analysts predict that Energy Fuels Inc. will post -0.16 EPS for the current year.

Energy Fuels Profile

Energy Fuels Inc, together with its subsidiaries, engages in the extraction, recovery, recycling, exploration, permitting, evaluation, and sale of uranium mineral properties in the United States. The company produces and sells vanadium pentoxide, rare earth elements, and heavy mineral sands, such as ilmenite, rutile, zircon, and monazite.