Barclays PLC Increases Stock Holdings in NexGen Energy Ltd. (NYSE:NXE)

Barclays PLC boosted its stake in NexGen Energy Ltd. (NYSE:NXE) by 328.3% in the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 187,861 shares of the company’s stock after acquiring an additional 143,996 shares during the quarter. Barclays PLC’s holdings in NexGen Energy were worth $1,227,000 at the end of the most recent reporting period.

Several other large investors also recently bought and sold shares of NXE. Raymond James & Associates raised its position in shares of NexGen Energy by 26.9% during the 2nd quarter. Raymond James & Associates now owns 230,612 shares of the company’s stock valued at $1,610,000 after acquiring an additional 48,889 shares in the last quarter. Van ECK Associates Corp boosted its holdings in NexGen Energy by 69.3% during the second quarter. Van ECK Associates Corp now owns 3,135,565 shares of the company’s stock worth $21,880,000 after buying an additional 1,283,210 shares in the last quarter. Privium Fund Management B.V. acquired a new position in shares of NexGen Energy in the 2nd quarter worth $195,000. CIBC Asset Management Inc raised its holdings in NexGen Energy by 60.5% during the 2nd quarter. CIBC Asset Management Inc now owns 816,560 shares of the company’s stock worth $5,691,000 after buying an additional 307,675 shares during the period. Finally, Larson Financial Group LLC purchased a new stake in shares of NexGen Energy in the 2nd quarter valued at approximately $33,000. Institutional investors and hedge funds own 42.43% of the company’s stock.

Wall Street Analyst Weigh In

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

NexGen Energy Stock Down 0.4 %

Shares of NexGen Energy stock opened at $6.83 on Monday. NexGen Energy Ltd. has a 12-month low of $4.95 and a 12-month high of $8.96. The stock has a market capitalization of $3.86 billion, a P/E ratio of 45.54 and a beta of 1.91. The stock has a 50 day moving average price of $7.67 and a two-hundred day moving average price of $6.89.

NexGen Energy (NYSE:NXE) last issued its quarterly 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 quarter in the prior year, the business earned ($0.04) earnings per share. Sell-side 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.