Natixis Advisors LLC Has $378,000 Position in NexGen Energy Ltd. (NYSE:NXE)

Natixis Advisors LLC increased its stake in NexGen Energy Ltd. (NYSE:NXE) by 39.2% in the 3rd quarter, according to the company in its most recent filing with the SEC. The fund owned 57,820 shares of the company’s stock after purchasing an additional 16,296 shares during the quarter. Natixis Advisors LLC’s holdings in NexGen Energy were worth $378,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the stock. Larson Financial Group LLC acquired a new position in shares of NexGen Energy during the second quarter worth approximately $33,000. DekaBank Deutsche Girozentrale acquired a new position in shares of NexGen Energy during the third quarter worth approximately $76,000. New Harbor Financial Group LLC lifted its holdings in shares of 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 buying an additional 2,500 shares during the last quarter. Element Capital Management LLC acquired a new position in shares of NexGen Energy during the second quarter worth approximately $110,000. Finally, Legacy Capital Group California Inc. acquired a new position in shares of NexGen Energy during the second quarter worth approximately $125,000. 42.43% of the stock is currently owned by institutional investors and hedge funds.

NexGen Energy Stock Performance

Shares of NYSE NXE opened at $8.31 on Friday. The business has a fifty day simple moving average of $7.42 and a 200 day simple moving average of $6.89. The firm has a market capitalization of $4.70 billion, a price-to-earnings ratio of 55.40 and a beta of 1.90. NexGen Energy Ltd. has a one year low of $4.95 and a one year high of $8.96.

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

Analyst Upgrades and Downgrades

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

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.