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

HighTower Advisors LLC lowered its stake in Energy Fuels Inc (NYSEAMERICAN:UUUU) by 14.6% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 175,646 shares of the company’s stock after selling 29,916 shares during the period. HighTower Advisors LLC owned 0.07% of Energy Fuels worth $2,554,000 at the end of the most recent quarter.

Other hedge funds have also recently added to or reduced their stakes in the company. Fulcrum Asset Management LLP acquired a new position in shares of Energy Fuels during the third quarter worth $40,000. US Bancorp DE lifted its holdings in shares of Energy Fuels by 2,100.6% during the third quarter. US Bancorp DE now owns 3,653 shares of the company’s stock worth $56,000 after purchasing an additional 3,487 shares during the period. Knuff & Co LLC acquired a new position in shares of Energy Fuels during the fourth quarter worth $55,000. Strs Ohio acquired a new position in shares of Energy Fuels during the third quarter worth $64,000. Finally, Nisa Investment Advisors LLC lifted its holdings in shares of Energy Fuels by 71.7% during the fourth quarter. Nisa Investment Advisors LLC now owns 4,693 shares of the company’s stock worth $68,000 after purchasing an additional 1,960 shares during the period. Institutional investors and hedge funds own 48.24% of the company’s stock.

Insider Buying and Selling

In related news, VP Daniel Kapostasy sold 25,000 shares of Energy Fuels stock in a transaction on Wednesday, March 18th. The shares were sold at an average price of $18.84, for a total transaction of $471,000.00. Following the completion of the transaction, the vice president owned 38,286 shares of the company’s stock, valued at $721,308.24. This trade represents a 39.50% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Barbara Appelin Filas sold 5,000 shares of Energy Fuels stock in a transaction on Monday, March 9th. The stock was sold at an average price of $19.51, for a total transaction of $97,550.00. Following the transaction, the director directly owned 160,261 shares of the company’s stock, valued at $3,126,692.11. This represents a 3.03% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 59,000 shares of company stock valued at $1,130,000 over the last quarter. Insiders own 0.97% of the company’s stock.

Wall Street Analysts Forecast Growth

UUUU has been the topic of a number of recent research reports. HC Wainwright lifted their price target on shares of Energy Fuels from $27.25 to $29.00 and gave the stock a “buy” rating in a report on Friday, May 8th. Roth Mkm reiterated a “neutral” rating and set a $17.00 price target on shares of Energy Fuels in a report on Monday, May 11th. Finally, 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 target on the stock. Three investment analysts have rated the stock with a Buy rating and one has given a Hold rating to the stock. According to data from MarketBeat, Energy Fuels presently has an average rating of “Moderate Buy” and a consensus target price of $25.75.

Energy Fuels Price Performance

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

Energy Fuels (NYSEAMERICAN:UUUU) last announced its earnings results on Wednesday, May 6th. The company reported ($0.04) earnings per share 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 posted ($0.13) EPS. The firm’s revenue for the quarter was up 112.1% compared to the same quarter last year. On average, sell-side analysts forecast that Energy Fuels Inc will post -0.14 EPS for the current year.

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.