CenterBook Partners LP decreased its holdings in shares of NexGen Energy Ltd. (NYSE:NXE - Free Report) by 51.6% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 107,104 shares of the company's stock after selling 114,328 shares during the quarter. CenterBook Partners LP's holdings in NexGen Energy were worth $707,000 as of its most recent SEC filing.
Other institutional investors have also bought and sold shares of the company. PNC Financial Services Group Inc. lifted its holdings in shares of NexGen Energy by 284.6% in the 4th quarter. PNC Financial Services Group Inc. now owns 5,000 shares of the company's stock valued at $33,000 after acquiring an additional 3,700 shares during the last quarter. Silver Lake Advisory LLC purchased a new position in shares of NexGen Energy in the 4th quarter worth approximately $73,000. Matauro LLC bought a new position in shares of NexGen Energy during the 4th quarter valued at approximately $84,000. Sanctuary Advisors LLC purchased a new stake in NexGen Energy during the 3rd quarter valued at $98,000. Finally, Janney Montgomery Scott LLC lifted its position in NexGen Energy by 10.8% in the fourth quarter. Janney Montgomery Scott LLC now owns 15,345 shares of the company's stock worth $101,000 after buying an additional 1,500 shares during the last quarter. Institutional investors own 42.43% of the company's stock.
Wall Street Analyst Weigh In
A number of research analysts have weighed in on NXE shares. Raymond James reiterated an "outperform" rating on shares of NexGen Energy in a research report on Friday, April 4th. Scotiabank reissued an "outperform" rating on shares of NexGen Energy in a research note on Thursday, March 6th. Stifel Nicolaus started coverage on NexGen Energy in a report on Wednesday, March 12th. They issued a "buy" rating on the stock. Finally, Stifel Canada upgraded NexGen Energy to a "strong-buy" rating in a research note on Tuesday, March 11th. Three equities research analysts have rated the stock with a buy rating and four have assigned a strong buy rating to the stock. Based on data from MarketBeat, NexGen Energy currently has a consensus rating of "Strong Buy".
Read Our Latest Stock Analysis on NexGen Energy
NexGen Energy Stock Up 0.3 %
NYSE:NXE traded up $0.02 during mid-day trading on Thursday, reaching $4.69. The company's stock had a trading volume of 4,292,244 shares, compared to its average volume of 6,848,290. NexGen Energy Ltd. has a 1 year low of $3.91 and a 1 year high of $8.96. The firm has a market capitalization of $2.67 billion, a PE ratio of 31.30 and a beta of 2.02. The stock has a fifty day moving average of $5.03 and a 200-day moving average of $6.53.
About NexGen Energy
(
Free Report)
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.
Further Reading
Before you consider NexGen Energy, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and NexGen Energy wasn't on the list.
While NexGen Energy currently has a Strong Buy rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Enter your email address and we'll send you MarketBeat's list of seven stocks and why their long-term outlooks are very promising.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
