Vident Advisory LLC Has $1.87 Million Stock Position in Uranium Royalty Corp. (NASDAQ:UROY)

Vident Advisory LLC lessened its stake in shares of Uranium Royalty Corp. (NASDAQ:UROY) by 7.7% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 854,391 shares of the company’s stock after selling 71,390 shares during the quarter. Vident Advisory LLC owned about 0.64% of Uranium Royalty worth $1,871,000 at the end of the most recent reporting period.

Other large investors also recently made changes to their positions in the company. CenterBook Partners LP boosted its holdings in Uranium Royalty by 890.9% in the fourth quarter. CenterBook Partners LP now owns 3,435,097 shares of the company’s stock worth $7,523,000 after acquiring an additional 3,088,434 shares in the last quarter. Millennium Management LLC raised its position in shares of Uranium Royalty by 3,613.3% during the fourth quarter. Millennium Management LLC now owns 518,784 shares of the company’s stock worth $1,136,000 after purchasing an additional 504,813 shares during the period. Renaissance Technologies LLC bought a new position in shares of Uranium Royalty in the 4th quarter worth $1,062,000. Sprott Inc. grew its position in Uranium Royalty by 108.2% in the 4th quarter. Sprott Inc. now owns 834,478 shares of the company’s stock valued at $1,828,000 after purchasing an additional 433,682 shares during the period. Finally, Accordant Advisory Group Inc bought a new stake in Uranium Royalty during the 4th quarter valued at $624,000. 24.19% of the stock is currently owned by institutional investors and hedge funds.

Uranium Royalty Trading Down 1.0%

Shares of NASDAQ:UROY opened at $1.95 on Friday. The stock has a market cap of $260.59 million, a PE ratio of 65.02 and a beta of 1.20. The stock’s fifty day simple moving average is $1.81 and its two-hundred day simple moving average is $2.13. Uranium Royalty Corp. has a 1-year low of $1.43 and a 1-year high of $3.12.

Uranium Royalty (NASDAQ:UROY) last announced its earnings results on Thursday, March 6th. The company reported ($0.01) EPS for the quarter, meeting the consensus estimate of ($0.01). On average, sell-side analysts forecast that Uranium Royalty Corp. will post 0.01 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

Several research analysts have weighed in on UROY shares. Raymond James began coverage on shares of Uranium Royalty in a report on Thursday, February 6th. They set an “outperform” rating on the stock. National Bank Financial started coverage on shares of Uranium Royalty in a research report on Wednesday, February 12th. They issued a “sector perform” rating on the stock. Finally, HC Wainwright cut their price target on Uranium Royalty from $7.70 to $4.50 and set a “buy” rating for the company in a research note on Tuesday, April 22nd.

About Uranium Royalty

Uranium Royalty Corp. operates as a pure-play uranium royalty company. It acquires, accumulates, and manages a portfolio of geographically diversified uranium interests. The company has royalty interests in the McArthur River, Cigar Lake / Waterbury Lake, Roughrider, Russell Lake, Russell Lake south, and Dawn Lake projects in Saskatchewan, Canada; Anderson and San Rafael projects in Arizona; Lance and Reno Creek projects in Wyoming; Church Rock and Roca Honda projects in New Mexico; Dewey-Burdock project in South Dakota; Slick Rock project in Colorado; Langer Heinrich project in Namibia; and Michelin project in Newfoundland and Labrador, Canada; Energy Queen and Whirlwind project in Utah; and Workman Creek projects in Arizona.