Barclays PLC Purchases 143,996 Shares of NexGen Energy Ltd. (NYSE:NXE)

Barclays PLC raised its position in NexGen Energy Ltd. (NYSE:NXE) by 328.3% in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 187,861 shares of the company’s stock after purchasing an additional 143,996 shares during the period. Barclays PLC’s holdings in NexGen Energy were worth $1,227,000 at the end of the most recent reporting period.

Other hedge funds have also recently made changes to their positions in the company. New Harbor Financial Group LLC raised its stake 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 valued at $98,000 after purchasing an additional 2,500 shares in the last quarter. Investment Management Corp of Ontario raised its position in shares of NexGen Energy by 14.6% during the 3rd quarter. Investment Management Corp of Ontario now owns 25,070 shares of the company’s stock valued at $164,000 after buying an additional 3,200 shares in the last quarter. Toronto Dominion Bank lifted its holdings in shares of NexGen Energy by 24.6% during the 2nd quarter. Toronto Dominion Bank now owns 21,980 shares of the company’s stock worth $153,000 after acquiring an additional 4,338 shares during the last quarter. Larson Financial Group LLC grew its position in NexGen Energy by 122.7% in the third quarter. Larson Financial Group LLC now owns 10,575 shares of the company’s stock worth $69,000 after acquiring an additional 5,827 shares in the last quarter. Finally, Hood River Capital Management LLC increased its stake in NexGen Energy by 0.8% in the second quarter. Hood River Capital Management LLC now owns 835,260 shares of the company’s stock valued at $5,830,000 after acquiring an additional 6,228 shares during the last quarter. 42.43% of the stock is currently owned by hedge funds and other institutional investors.

NexGen Energy Price Performance

Shares of NXE opened at $6.69 on Tuesday. NexGen Energy Ltd. has a 1 year low of $4.95 and a 1 year high of $8.96. The stock has a 50 day simple moving average of $7.55 and a two-hundred day simple moving average of $6.89. The firm has a market cap of $3.79 billion, a P/E ratio of 44.60 and a beta of 1.96.

NexGen Energy (NYSE:NXE) last issued 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 previous year, the company posted ($0.04) EPS. On average, equities analysts anticipate that NexGen Energy Ltd. will post -0.05 earnings per share for the current year.

NexGen Energy Company 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.