Denison Mines Corp. (NYSEAMERICAN:DNN) Shares Acquired by Janus Henderson Group PLC

Janus Henderson Group PLC grew its holdings in shares of Denison Mines Corp. (NYSEAMERICAN:DNN - Free Report) TSE: DML by 19.5% during the third quarter, according to the company in its most recent disclosure with the SEC. The fund owned 3,963,565 shares of the basic materials company's stock after buying an additional 647,046 shares during the quarter. Janus Henderson Group PLC owned 0.44% of Denison Mines worth $7,230,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Integrated Investment Consultants LLC purchased a new stake in Denison Mines during the third quarter worth $27,000. RPS Advisory Solutions LLC purchased a new stake in shares of Denison Mines during the second quarter valued at about $46,000. Legacy Capital Group California Inc. boosted its holdings in shares of Denison Mines by 131.7% in the 2nd quarter. Legacy Capital Group California Inc. now owns 23,306 shares of the basic materials company's stock valued at $46,000 after buying an additional 13,248 shares in the last quarter. Toronto Dominion Bank grew its position in shares of Denison Mines by 39.4% in the 2nd quarter. Toronto Dominion Bank now owns 23,969 shares of the basic materials company's stock worth $48,000 after buying an additional 6,777 shares during the last quarter. Finally, SevenBridge Financial Group LLC raised its stake in shares of Denison Mines by 54.2% during the 3rd quarter. SevenBridge Financial Group LLC now owns 37,000 shares of the basic materials company's stock worth $68,000 after acquiring an additional 13,000 shares in the last quarter. 36.74% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

DNN has been the topic of several analyst reports. CIBC started coverage on shares of Denison Mines in a report on Thursday, September 26th. They issued a "sector outperform" rating and a $3.25 price target on the stock. National Bank Financial raised Denison Mines to a "strong-buy" rating in a research report on Tuesday, September 3rd. Cibc World Mkts raised Denison Mines to a "strong-buy" rating in a report on Thursday, September 26th. Roth Mkm restated a "buy" rating and set a $2.75 price objective (up previously from $2.60) on shares of Denison Mines in a report on Wednesday, October 23rd. Finally, BMO Capital Markets upgraded shares of Denison Mines from a "market perform" rating to an "outperform" rating in a research note on Wednesday, September 25th. One investment analyst has rated the stock with a sell rating, three have assigned a buy rating and four have issued a strong buy rating to the company's stock. According to MarketBeat.com, Denison Mines presently has an average rating of "Buy" and an average target price of $3.00.

Denison Mines Stock Up 1.4 %

Shares of NYSEAMERICAN:DNN traded up $0.03 during trading on Tuesday, hitting $2.22. The stock had a trading volume of 16,371,637 shares, compared to its average volume of 17,118,514. Denison Mines Corp. has a 12-month low of $1.40 and a 12-month high of $2.47. The firm has a market capitalization of $1.98 billion, a PE ratio of -222.00 and a beta of 1.71. The business's 50-day moving average price is $2.01.

Denison Mines Company Profile

Denison Mines Corp. engages in the acquisition, exploration, and development of uranium bearing properties in Canada. Its flagship project is the Wheeler River uranium project covering an area of approximately 300,000 hectares located in the Athabasca Basin region in northern Saskatchewan. The company was formerly known as International Uranium Corporation and changed its name to Denison Mines Corp.