Stonehage Fleming Financial Services Holdings Ltd Makes New Investment in Energy Fuels Inc $UUUU

Stonehage Fleming Financial Services Holdings Ltd bought a new position in shares of Energy Fuels Inc (NYSEAMERICAN:UUUU) during the 2nd quarter, according to its most recent filing with the SEC. The institutional investor bought 59,379 shares of the company’s stock, valued at approximately $342,000.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Byrne Asset Management LLC grew its holdings in Energy Fuels by 114.6% during the 1st quarter. Byrne Asset Management LLC now owns 7,727 shares of the company’s stock worth $29,000 after acquiring an additional 4,127 shares in the last quarter. Adams Wealth Management bought a new stake in shares of Energy Fuels in the 1st quarter valued at about $37,000. CacheTech Inc. bought a new stake in shares of Energy Fuels in the 1st quarter valued at about $37,000. Joel Isaacson & Co. LLC bought a new stake in shares of Energy Fuels in the 1st quarter valued at about $38,000. Finally, Wealthspan Partners LLC boosted its holdings in shares of Energy Fuels by 30.0% in the 1st quarter. Wealthspan Partners LLC now owns 13,000 shares of the company’s stock valued at $48,000 after buying an additional 3,000 shares in the last quarter. 48.24% of the stock is currently owned by institutional investors.

Energy Fuels Stock Up 3.2%

UUUU stock opened at $20.34 on Friday. Energy Fuels Inc has a 52 week low of $3.20 and a 52 week high of $22.37. The firm has a 50 day moving average of $12.96 and a 200 day moving average of $8.13. The stock has a market capitalization of $4.69 billion, a PE ratio of -41.51 and a beta of 1.79.

Energy Fuels (NYSEAMERICAN:UUUU) last announced its quarterly earnings data on Wednesday, August 6th. The company reported ($0.10) EPS for the quarter, missing the consensus estimate of ($0.04) by ($0.06). Energy Fuels had a negative net margin of 143.05% and a negative return on equity of 17.41%. The business had revenue of $4.21 million for the quarter. The firm’s revenue was up –51.7% compared to the same quarter last year. On average, equities research analysts expect that Energy Fuels Inc will post -0.1 earnings per share for the current year.

Analysts Set New Price Targets

A number of research firms have recently weighed in on UUUU. B. Riley began coverage on shares of Energy Fuels in a report on Wednesday, July 23rd. They issued a “buy” rating and a $9.00 price target on the stock. HC Wainwright raised their price target on shares of Energy Fuels from $12.00 to $16.25 and gave the company a “buy” rating in a report on Wednesday, September 17th. Finally, Roth Capital cut shares of Energy Fuels from a “buy” rating to a “neutral” rating and set a $6.00 price target on the stock. in a report on Friday, July 11th. One investment analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating and one has issued a Hold rating to the stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Buy” and a consensus target price of $9.25.

Insider Buying and Selling at Energy Fuels

In other Energy Fuels news, Director Dennis Lyle Higgs sold 6,000 shares of Energy Fuels stock in a transaction that occurred on Friday, September 19th. The shares were sold at an average price of $14.88, for a total transaction of $89,280.00. Following the completion of the sale, the director directly owned 218,881 shares in the company, valued at approximately $3,256,949.28. The trade was a 2.67% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Also, Director J. Birks Bovaird sold 10,000 shares of Energy Fuels stock in a transaction that occurred on Friday, September 19th. The shares were sold at an average price of $14.85, for a total transaction of $148,500.00. Following the sale, the director owned 195,617 shares of the company’s stock, valued at approximately $2,904,912.45. The trade was a 4.86% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders sold 618,724 shares of company stock worth $6,782,959. Company insiders own 1.77% of the company’s stock.

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.