Anfield Capital Management LLC Increases Stock Position in NuScale Power Co. (NYSE:SMR)

Anfield Capital Management LLC lifted its stake in NuScale Power Co. (NYSE:SMR) by 65.3% during the fourth quarter, HoldingsChannel.com reports. The firm owned 4,196 shares of the company’s stock after purchasing an additional 1,658 shares during the quarter. Anfield Capital Management LLC’s holdings in NuScale Power were worth $75,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently made changes to their positions in the stock. Geode Capital Management LLC increased its holdings in shares of NuScale Power by 21.0% during the third quarter. Geode Capital Management LLC now owns 1,829,843 shares of the company’s stock valued at $21,194,000 after acquiring an additional 317,285 shares in the last quarter. Van ECK Associates Corp boosted its holdings in shares of NuScale Power by 41.4% during the 4th quarter. Van ECK Associates Corp now owns 1,746,625 shares of the company’s stock valued at $31,317,000 after acquiring an additional 511,168 shares during the last quarter. State Street Corp raised its holdings in shares of NuScale Power by 10.2% during the third quarter. State Street Corp now owns 1,674,995 shares of the company’s stock valued at $19,396,000 after purchasing an additional 154,368 shares during the last quarter. Charles Schwab Investment Management Inc. lifted its position in NuScale Power by 212.4% during the third quarter. Charles Schwab Investment Management Inc. now owns 677,248 shares of the company’s stock valued at $7,843,000 after purchasing an additional 460,487 shares during the period. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC grew its position in NuScale Power by 57.2% in the 3rd quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 351,777 shares of the company’s stock worth $4,074,000 after purchasing an additional 128,012 shares during the period. Hedge funds and other institutional investors own 78.37% of the company’s stock.

Insiders Place Their Bets

In other NuScale Power news, CEO John Lawrence Hopkins sold 664,568 shares of the company’s stock in a transaction that occurred on Thursday, January 2nd. The stock was sold at an average price of $18.04, for a total value of $11,988,806.72. Following the completion of the transaction, the chief executive officer now directly owns 34,675 shares in the company, valued at $625,537. This represents a 95.04 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. 1.96% of the stock is owned by company insiders.

NuScale Power Stock Performance

SMR stock opened at $17.23 on Friday. The company has a market cap of $4.40 billion, a P/E ratio of -18.14 and a beta of 1.51. The company has a debt-to-equity ratio of 0.26, a current ratio of 2.24 and a quick ratio of 2.24. NuScale Power Co. has a 1 year low of $2.96 and a 1 year high of $32.30. The stock’s fifty day moving average price is $21.69 and its 200-day moving average price is $18.32.

About NuScale Power

NuScale Power Corporation engages in the development and sale of modular light water reactor nuclear power plants to supply energy for electrical generation, district heating, desalination, hydrogen production, and other process heat applications. It offers NuScale Power Module (NPM), a water reactor that can generate 77 megawatts of electricity (MWe); and VOYGR power plant designs for three facility sizes that are capable of housing from one to four and six or twelve NPMs.