Public Employees Retirement System of Ohio Invests $852,000 in NexGen Energy Ltd. (NYSE:NXE)

Public Employees Retirement System of Ohio acquired a new position in NexGen Energy Ltd. (NYSE:NXE - Free Report) during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund acquired 130,479 shares of the company's stock, valued at approximately $852,000.

A number of other institutional investors have also made changes to their positions in the business. Larson Financial Group LLC acquired a new stake in NexGen Energy in the 2nd quarter valued at approximately $33,000. DekaBank Deutsche Girozentrale acquired a new stake in shares of NexGen Energy in the third quarter worth $76,000. SevenBridge Financial Group LLC acquired a new stake in shares of NexGen Energy in the third quarter worth $87,000. New Harbor Financial Group LLC increased its position in NexGen Energy by 20.0% during 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 during the period. Finally, Element Capital Management LLC acquired a new position in NexGen Energy during the 2nd quarter valued at $110,000. 42.43% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

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

NexGen Energy Stock Performance

Shares of NYSE:NXE traded down $0.02 during trading on Friday, hitting $6.96. 11,081,792 shares of the stock were exchanged, compared to its average volume of 5,844,245. The company has a market capitalization of $3.94 billion, a price-to-earnings ratio of 46.40 and a beta of 1.91. NexGen Energy Ltd. has a 1-year low of $4.95 and a 1-year high of $8.96. The company's fifty day simple moving average is $7.76 and its 200-day simple moving average is $6.90.

NexGen Energy (NYSE:NXE - Get Free Report) last posted its quarterly earnings results on Thursday, November 7th. The company reported ($0.04) earnings per share for the quarter, missing analysts' consensus estimates of ($0.03) by ($0.01). During the same period in the previous year, the business posted ($0.04) EPS. On average, research analysts forecast that NexGen Energy Ltd. will post -0.05 earnings per share for the current fiscal year.

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.