Barclays PLC Increases Position in NexGen Energy Ltd. (NYSE:NXE)

Barclays PLC grew its holdings in NexGen Energy Ltd. (NYSE:NXE - Free Report) by 328.3% during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 187,861 shares of the company's stock after purchasing an additional 143,996 shares during the period. Barclays PLC's holdings in NexGen Energy were worth $1,227,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors have also recently made changes to their positions in NXE. Raymond James & Associates lifted its holdings in shares of NexGen Energy by 26.9% in the 2nd quarter. Raymond James & Associates now owns 230,612 shares of the company's stock worth $1,610,000 after buying an additional 48,889 shares during the period. Van ECK Associates Corp lifted its position in shares of NexGen Energy by 69.3% in the 2nd quarter. Van ECK Associates Corp now owns 3,135,565 shares of the company's stock worth $21,880,000 after purchasing an additional 1,283,210 shares during the period. Privium Fund Management B.V. bought a new position in shares of NexGen Energy during the second quarter valued at approximately $195,000. CIBC Asset Management Inc increased its holdings in NexGen Energy by 60.5% during the second quarter. CIBC Asset Management Inc now owns 816,560 shares of the company's stock valued at $5,691,000 after buying an additional 307,675 shares during the period. Finally, Larson Financial Group LLC bought a new position in NexGen Energy in the second quarter worth approximately $33,000. 42.43% of the stock is owned by hedge funds and other institutional investors.

NexGen Energy Price Performance

NexGen Energy stock traded down $0.15 during mid-day trading on Monday, reaching $6.68. 9,252,190 shares of the company traded hands, compared to its average volume of 5,833,648. The firm's fifty day moving average is $7.65 and its two-hundred day moving average is $6.89. NexGen Energy Ltd. has a fifty-two week low of $4.95 and a fifty-two week high of $8.96. The company has a market capitalization of $3.78 billion, a price-to-earnings ratio of 44.54 and a beta of 1.91.

NexGen Energy (NYSE:NXE - Get Free Report) last released its quarterly earnings data on Thursday, November 7th. The company reported ($0.04) earnings per share for the quarter, missing analysts' consensus estimates of ($0.03) by ($0.01). During the same period in the previous year, the business posted ($0.04) EPS. As a group, equities research analysts predict that NexGen Energy Ltd. will post -0.05 earnings per share for the current year.

Analyst Ratings Changes

Separately, National Bank Financial upgraded shares of NexGen Energy to a "strong-buy" rating in a report on Tuesday, September 3rd.

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.