Mirabella Financial Services LLP lessened its stake in NexGen Energy Ltd. (NYSE:NXE – Free Report) by 8.5% during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 2,977,570 shares of the company’s stock after selling 276,222 shares during the period. NexGen Energy accounts for approximately 1.3% of Mirabella Financial Services LLP’s investment portfolio, making the stock its 20th largest holding. Mirabella Financial Services LLP owned about 0.53% of NexGen Energy worth $19,420,000 at the end of the most recent reporting period.
A number of other large investors have also added to or reduced their stakes in NXE. Vanguard Group Inc. grew its position in shares of NexGen Energy by 5,020.5% in the 1st quarter. Vanguard Group Inc. now owns 16,222,256 shares of the company’s stock worth $126,047,000 after buying an additional 15,905,444 shares during the last quarter. Van ECK Associates Corp grew its holdings in NexGen Energy by 50.5% in the third quarter. Van ECK Associates Corp now owns 4,718,270 shares of the company’s stock worth $30,810,000 after purchasing an additional 1,582,705 shares during the last quarter. TD Asset Management Inc increased its position in shares of NexGen Energy by 1.5% during the second quarter. TD Asset Management Inc now owns 3,131,701 shares of the company’s stock worth $21,834,000 after purchasing an additional 47,394 shares in the last quarter. Bank of Montreal Can lifted its holdings in shares of NexGen Energy by 20.8% during the 2nd quarter. Bank of Montreal Can now owns 1,807,849 shares of the company’s stock valued at $12,946,000 after purchasing an additional 311,091 shares during the last quarter. Finally, Millennium Management LLC boosted its position in shares of NexGen Energy by 109.6% in the 2nd quarter. Millennium Management LLC now owns 1,641,407 shares of the company’s stock worth $11,441,000 after purchasing an additional 858,471 shares in the last quarter. 42.43% of the stock is currently owned by institutional investors.
Analyst Ratings Changes
Separately, National Bank Financial raised NexGen Energy to a “strong-buy” rating in a research report on Tuesday, September 3rd. Two analysts have rated the stock with a buy rating and three have assigned a strong buy rating to the company’s stock. Based on data from MarketBeat, NexGen Energy currently has an average rating of “Strong Buy” and an average price target of $11.00.
NexGen Energy Trading Up 0.6 %
NYSE:NXE opened at $8.93 on Monday. The company has a market capitalization of $5.05 billion, a P/E ratio of 59.20 and a beta of 1.90. NexGen Energy Ltd. has a 12 month low of $4.95 and a 12 month high of $8.96. The firm has a fifty day simple moving average of $7.22 and a 200-day simple moving average of $6.86.
NexGen Energy (NYSE:NXE – Get Free Report) last issued its quarterly earnings results on Thursday, November 7th. The company reported ($0.04) EPS for the quarter, missing analysts’ consensus estimates of ($0.03) by ($0.01). During the same period in the prior year, the business earned ($0.04) earnings per share. Equities analysts forecast that NexGen Energy Ltd. will post -0.05 EPS for the current year.
NexGen Energy Profile
NexGen Energy Ltd., an exploration and development stage company, engages in the acquisition, exploration, and evaluation and development of uranium properties in Canada. It holds a 100% interest in the Rook I project that consists of 32 contiguous mineral claims totaling an area of 35,065 hectares located in the southwestern Athabasca Basin of Saskatchewan.
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