Bailard Inc. Invests $93,000 in Energy Fuels Inc. (NYSEAMERICAN:UUUU)

Bailard Inc. bought a new stake in Energy Fuels Inc. (NYSEAMERICAN:UUUU) in the 4th quarter, HoldingsChannel.com reports. The firm bought 18,175 shares of the company’s stock, valued at approximately $93,000.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. BNP Paribas Financial Markets grew its stake in Energy Fuels by 6.0% in the third quarter. BNP Paribas Financial Markets now owns 29,353 shares of the company’s stock valued at $161,000 after acquiring an additional 1,653 shares during the period. BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp lifted its holdings in shares of Energy Fuels by 2.5% in the 3rd quarter. BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp now owns 94,287 shares of the company’s stock worth $518,000 after purchasing an additional 2,309 shares in the last quarter. FMR LLC lifted its holdings in shares of Energy Fuels by 3.1% in the 3rd quarter. FMR LLC now owns 82,754 shares of the company’s stock worth $455,000 after purchasing an additional 2,520 shares in the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC grew its position in Energy Fuels by 3.2% in the 3rd quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 143,423 shares of the company’s stock valued at $787,000 after purchasing an additional 4,484 shares during the period. Finally, Public Employees Retirement System of Ohio increased its stake in Energy Fuels by 11.8% during the 3rd quarter. Public Employees Retirement System of Ohio now owns 46,500 shares of the company’s stock valued at $256,000 after purchasing an additional 4,900 shares in the last quarter. 48.24% of the stock is owned by institutional investors.

Energy Fuels Price Performance

NYSEAMERICAN UUUU opened at $4.16 on Thursday. The company has a fifty day moving average price of $5.37 and a 200-day moving average price of $5.57. The firm has a market cap of $826.55 million, a price-to-earnings ratio of -18.91 and a beta of 1.68. Energy Fuels Inc. has a 1 year low of $3.74 and a 1 year high of $7.47.

Insider Buying and Selling

In other news, Director J. Birks Bovaird sold 10,000 shares of the firm’s stock in a transaction on Thursday, January 2nd. The stock was sold at an average price of $5.44, for a total transaction of $54,400.00. Following the completion of the sale, the director now directly owns 178,380 shares of the company’s stock, valued at $970,387.20. This trade represents a 5.31 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Also, Director Alex G. Morrison sold 17,500 shares of Energy Fuels stock in a transaction on Wednesday, December 18th. The stock was sold at an average price of $5.72, for a total value of $100,100.00. Following the sale, the director now owns 165,528 shares in the company, valued at $946,820.16. The trade was a 9.56 % decrease in their ownership of the stock. The disclosure for this sale can be found here. 1.92% of the stock is owned by corporate insiders.

Wall Street Analysts Forecast Growth

A number of research analysts have weighed in on the stock. Roth Capital raised shares of Energy Fuels from a “hold” rating to a “strong-buy” rating in a research note on Friday, February 28th. Roth Mkm raised shares of Energy Fuels from a “neutral” rating to a “buy” rating and set a $5.75 price target on the stock in a research report on Friday, February 28th. Finally, HC Wainwright decreased their price objective on Energy Fuels from $11.00 to $10.75 and set a “buy” rating for the company in a report on Friday, February 28th.

Energy Fuels Company 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.