Alps Advisors Inc. Has $121.86 Million Stock Position in Energy Fuels Inc $UUUU

Alps Advisors Inc. decreased its stake in shares of Energy Fuels Inc (NYSEAMERICAN:UUUU) by 37.8% during the 4th quarter, Holdings Channel reports. The firm owned 8,381,026 shares of the company’s stock after selling 5,084,797 shares during the period. Energy Fuels comprises about 0.7% of Alps Advisors Inc.’s investment portfolio, making the stock its 20th biggest position. Alps Advisors Inc.’s holdings in Energy Fuels were worth $121,860,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. JPMorgan Chase & Co. boosted its stake in shares of Energy Fuels by 685.0% during the 3rd quarter. JPMorgan Chase & Co. now owns 912,120 shares of the company’s stock worth $14,001,000 after acquiring an additional 795,929 shares during the period. HighTower Advisors LLC boosted its stake in shares of Energy Fuels by 50.5% during the 3rd quarter. HighTower Advisors LLC now owns 205,562 shares of the company’s stock worth $3,155,000 after acquiring an additional 68,933 shares during the period. SPX Gestao de Recursos Ltda bought a new position in shares of Energy Fuels during the 3rd quarter worth approximately $3,009,000. Capital Research Global Investors bought a new position in shares of Energy Fuels during the 3rd quarter worth approximately $22,800,000. Finally, Cresset Asset Management LLC bought a new position in shares of Energy Fuels during the 3rd quarter worth approximately $1,054,000. 48.24% of the stock is currently owned by institutional investors.

Energy Fuels Stock Performance

Shares of UUUU stock opened at $15.08 on Friday. The company has a debt-to-equity ratio of 0.93, a quick ratio of 25.59 and a current ratio of 27.51. The company has a 50-day simple moving average of $18.98 and a 200 day simple moving average of $18.90. Energy Fuels Inc has a 52 week low of $5.24 and a 52 week high of $27.90. The company has a market capitalization of $3.77 billion, a price-to-earnings ratio of -52.00 and a beta of 1.44.

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

Analysts Set New Price Targets

UUUU has been the subject of several research analyst reports. HC Wainwright lifted their target price 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 reaffirmed a “neutral” rating and set a $17.00 target price 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 stock. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average target price of $25.75.

Insiders Place Their Bets

In other Energy Fuels news, VP Daniel Kapostasy sold 25,000 shares of the stock in a transaction on Wednesday, March 18th. The stock was sold at an average price of $18.84, for a total transaction of $471,000.00. Following the transaction, the vice president owned 38,286 shares in the company, valued at $721,308.24. This trade represents a 39.50% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. 0.97% of the stock is owned by insiders.

About Energy Fuels

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.