Mirabella Financial Services LLP Has $19.42 Million Holdings in NexGen Energy Ltd. (NYSE:NXE)

Mirabella Financial Services LLP decreased its holdings in NexGen Energy Ltd. (NYSE:NXE - Free Report) by 8.5% in the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 2,977,570 shares of the company's stock after selling 276,222 shares during the quarter. NexGen Energy makes up about 1.3% of Mirabella Financial Services LLP's investment portfolio, making the stock its 20th largest position. Mirabella Financial Services LLP owned approximately 0.53% of NexGen Energy worth $19,420,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently bought and sold shares of NXE. Larson Financial Group LLC acquired a new position in NexGen Energy during the 2nd quarter worth $33,000. DekaBank Deutsche Girozentrale bought a new position in NexGen Energy in the third quarter valued at about $76,000. SevenBridge Financial Group LLC acquired a new stake in NexGen Energy in the third quarter worth about $87,000. New Harbor Financial Group LLC increased its position 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 purchasing an additional 2,500 shares during the period. Finally, Element Capital Management LLC bought a new stake in NexGen Energy during the 2nd quarter worth about $110,000. Institutional investors and hedge funds own 42.43% of the company's stock.

NexGen Energy Stock Down 5.7 %

Shares of NexGen Energy stock traded down $0.51 during trading on Monday, reaching $8.38. 6,114,473 shares of the company were exchanged, compared to its average volume of 5,836,429. NexGen Energy Ltd. has a twelve month low of $4.95 and a twelve month high of $8.96. The business has a 50-day moving average price of $7.22 and a 200-day moving average price of $6.86. The firm has a market capitalization of $4.73 billion, a price-to-earnings ratio of 59.20 and a beta of 1.90.

NexGen Energy (NYSE:NXE - Get Free Report) last posted 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 period in the prior year, the business posted ($0.04) earnings per share. On average, equities research analysts forecast that NexGen Energy Ltd. will post -0.05 EPS for the current fiscal year.

Wall Street Analyst Weigh In

Separately, National Bank Financial upgraded shares of NexGen Energy to a "strong-buy" rating in a research report on Tuesday, September 3rd. Two research analysts have rated the stock with a buy rating and three have given a strong buy rating to the company's stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of "Strong Buy" and a consensus price target of $11.00.

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.