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NexGen Energy Ltd. (NYSE:NXE) Holdings Raised by Mirabella Financial Services LLP

NexGen Energy logo with Basic Materials background

Mirabella Financial Services LLP lifted its holdings in NexGen Energy Ltd. (NYSE:NXE - Free Report) by 12.3% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 3,342,960 shares of the company's stock after buying an additional 365,390 shares during the period. NexGen Energy makes up 2.0% of Mirabella Financial Services LLP's holdings, making the stock its 10th biggest position. Mirabella Financial Services LLP owned 0.59% of NexGen Energy worth $22,044,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Vanguard Group Inc. increased its stake in shares of NexGen Energy by 1.5% in the 4th quarter. Vanguard Group Inc. now owns 20,436,513 shares of the company's stock worth $134,779,000 after acquiring an additional 298,106 shares during the last quarter. Van ECK Associates Corp increased its holdings in shares of NexGen Energy by 79.7% during the 4th quarter. Van ECK Associates Corp now owns 8,481,026 shares of the company's stock worth $55,971,000 after buying an additional 3,762,756 shares during the last quarter. JPMorgan Chase & Co. increased its holdings in shares of NexGen Energy by 222.6% during the 4th quarter. JPMorgan Chase & Co. now owns 6,345,726 shares of the company's stock worth $41,882,000 after buying an additional 4,378,933 shares during the last quarter. Marshall Wace LLP raised its position in shares of NexGen Energy by 131.8% during the 4th quarter. Marshall Wace LLP now owns 2,224,419 shares of the company's stock valued at $14,681,000 after buying an additional 1,264,655 shares during the period. Finally, Azarias Capital Management L.P. raised its position in NexGen Energy by 15.3% in the fourth quarter. Azarias Capital Management L.P. now owns 2,038,627 shares of the company's stock valued at $13,455,000 after purchasing an additional 271,153 shares during the period. 42.43% of the stock is currently owned by institutional investors and hedge funds.

NexGen Energy Trading Up 3.4 %

Shares of NexGen Energy stock traded up $0.17 on Thursday, hitting $5.11. The stock had a trading volume of 7,828,421 shares, compared to its average volume of 6,922,134. The company's 50 day moving average price is $4.87 and its 200 day moving average price is $6.47. The stock has a market cap of $2.91 billion, a price-to-earnings ratio of 34.07 and a beta of 2.02. NexGen Energy Ltd. has a 52-week low of $3.91 and a 52-week high of $8.96.

Analyst Ratings Changes

A number of research firms have recently issued reports on NXE. Stifel Nicolaus started coverage on shares of NexGen Energy in a research note on Wednesday, March 12th. They issued a "buy" rating on the stock. Scotiabank reiterated an "outperform" rating on shares of NexGen Energy in a report on Thursday, March 6th. Stifel Canada upgraded NexGen Energy to a "strong-buy" rating in a research note on Tuesday, March 11th. Finally, Raymond James restated an "outperform" rating on shares of NexGen Energy in a research report on Friday, April 4th. Three investment analysts have rated the stock with a buy rating and four have issued a strong buy rating to the company's stock. Based on data from MarketBeat.com, NexGen Energy presently has a consensus rating of "Strong Buy".

Read Our Latest Report on NXE

NexGen Energy Profile

(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

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

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