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753,563 Shares in NexGen Energy Ltd. (NYSE:NXE) Purchased by Janus Henderson Group PLC

NexGen Energy logo with Basic Materials background

Janus Henderson Group PLC purchased a new stake in shares of NexGen Energy Ltd. (NYSE:NXE - Free Report) during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor purchased 753,563 shares of the company's stock, valued at approximately $4,915,000. Janus Henderson Group PLC owned about 0.13% of NexGen Energy at the end of the most recent quarter.

A number of other large investors have also recently bought and sold shares of the business. Larson Financial Group LLC acquired a new stake in NexGen Energy in the second quarter worth $33,000. DekaBank Deutsche Girozentrale acquired a new stake in shares of NexGen Energy in the 3rd quarter valued at about $76,000. SevenBridge Financial Group LLC acquired a new position in NexGen Energy during the 3rd quarter worth approximately $87,000. New Harbor Financial Group LLC boosted its holdings in NexGen Energy by 20.0% in the third quarter. New Harbor Financial Group LLC now owns 15,000 shares of the company's stock worth $98,000 after acquiring an additional 2,500 shares in the last quarter. Finally, Element Capital Management LLC acquired a new stake in NexGen Energy in the second quarter valued at approximately $110,000. 42.43% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

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

Check Out Our Latest Stock Analysis on NexGen Energy

NexGen Energy Stock Up 1.3 %

NXE stock traded up $0.10 during mid-day trading on Wednesday, reaching $8.09. 5,343,827 shares of the company traded hands, compared to its average volume of 5,817,326. The firm's 50 day moving average price is $7.69 and its 200 day moving average price is $6.91. The stock has a market cap of $4.57 billion, a price-to-earnings ratio of 52.47 and a beta of 1.91. NexGen Energy Ltd. has a fifty-two week low of $4.95 and a fifty-two week high of $8.96.

NexGen Energy (NYSE:NXE - Get Free Report) last announced its earnings results on Thursday, November 7th. The company reported ($0.04) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.03) by ($0.01). During the same quarter in the prior year, the firm earned ($0.04) earnings per share. On average, analysts anticipate that NexGen Energy Ltd. will post -0.05 EPS for the current fiscal year.

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.

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Institutional Ownership by Quarter for NexGen Energy (NYSE:NXE)

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