HTLF Bank Takes $897,000 Position in Denison Mines Corp. (NYSEAMERICAN:DNN)

HTLF Bank purchased a new stake in Denison Mines Corp. (NYSEAMERICAN:DNN) (TSE:DML) during the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm purchased 507,000 shares of the basic materials company’s stock, valued at approximately $897,000.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Advisory Services Network LLC grew its position in Denison Mines by 235.2% during the first quarter. Advisory Services Network LLC now owns 22,625 shares of the basic materials company’s stock worth $25,000 after buying an additional 15,875 shares in the last quarter. Northern Trust Corp acquired a new stake in Denison Mines during the second quarter valued at approximately $29,000. Integrated Wealth Concepts LLC boosted its holdings in Denison Mines by 44.4% during the second quarter. Integrated Wealth Concepts LLC now owns 26,000 shares of the basic materials company’s stock valued at $32,000 after purchasing an additional 8,000 shares in the last quarter. Sigma Planning Corp acquired a new stake in Denison Mines during the third quarter valued at approximately $32,000. Finally, FNY Investment Advisers LLC acquired a new stake in Denison Mines during the fourth quarter valued at approximately $34,000. 36.74% of the stock is owned by institutional investors and hedge funds.

Denison Mines Stock Performance

Shares of NYSEAMERICAN:DNN remained flat at $2.01 during trading on Friday. 2,582,604 shares of the stock were exchanged, compared to its average volume of 14,592,083. Denison Mines Corp. has a 52 week low of $0.99 and a 52 week high of $2.25. The company has a 50 day moving average of $1.68. The stock has a market capitalization of $1.79 billion, a P/E ratio of 25.25 and a beta of 1.68.

Denison Mines (NYSEAMERICAN:DNN) (TSE:DML) last posted its quarterly earnings data on Wednesday, February 28th. The basic materials company reported $0.03 earnings per share for the quarter, topping the consensus estimate of ($0.01) by $0.04. Denison Mines had a net margin of 1,069.10% and a return on equity of 17.41%. The firm had revenue of $0.80 million during the quarter. On average, sell-side analysts anticipate that Denison Mines Corp. will post -0.01 EPS for the current year.

Analysts Set New Price Targets

Separately, StockNews.com raised Denison Mines to a “sell” rating in a report on Friday, April 5th.

About Denison Mines

Denison Mines Corp. engages in the acquisition, exploration, and development of uranium bearing properties in Canada. Its flagship project is the Wheeler River uranium project covering an area of approximately 300,000 hectares located in the Athabasca Basin region in northern Saskatchewan. The company was formerly known as International Uranium Corporation and changed its name to Denison Mines Corp.