De Lisle Partners LLP acquired a new position in NexGen Energy (NYSE:NXE - Free Report) in the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund acquired 962,702 shares of the company's stock, valued at approximately $9,040,000. De Lisle Partners LLP owned approximately 0.14% of NexGen Energy as of its most recent SEC filing.
Other hedge funds also recently bought and sold shares of the company. Leonteq Securities AG increased its holdings in shares of NexGen Energy by 88.2% in the 1st quarter. Leonteq Securities AG now owns 2,343 shares of the company's stock valued at $28,000 after acquiring an additional 1,098 shares during the period. Trifecta Capital Advisors LLC purchased a new position in NexGen Energy in the second quarter valued at about $46,000. SBI Securities Co. Ltd. grew its stake in NexGen Energy by 454.3% in the fourth quarter. SBI Securities Co. Ltd. now owns 7,965 shares of the company's stock valued at $73,000 after purchasing an additional 6,528 shares during the last quarter. Flow Traders U.S. LLC bought a new position in NexGen Energy in the second quarter worth about $76,000. Finally, Jump Financial LLC bought a new position in NexGen Energy in the fourth quarter worth about $93,000. Hedge funds and other institutional investors own 42.43% of the company's stock.
Analysts Set New Price Targets
A number of research firms have recently weighed in on NXE. Scotiabank restated an "outperform" rating on shares of NexGen Energy in a report on Friday, May 8th. Wall Street Zen raised shares of NexGen Energy from a "strong sell" rating to a "sell" rating in a research report on Saturday, August 8th. Finally, Weiss Ratings reaffirmed a "sell (d-)" rating on shares of NexGen Energy in a report on Tuesday, June 2nd. Three equities research analysts have rated the stock with a Buy rating, one has issued a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, the company currently has a consensus rating of "Hold".
View Our Latest Stock Report on NexGen Energy
NexGen Energy Stock Performance
Shares of NYSE NXE opened at $10.84 on Friday. NexGen Energy has a fifty-two week low of $6.67 and a fifty-two week high of $13.96. The company has a market cap of $7.25 billion, a PE ratio of -27.10 and a beta of 1.40. The business has a 50-day simple moving average of $9.80 and a two-hundred day simple moving average of $11.08.
NexGen Energy Company Profile
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Free Report)
NexGen Energy is a Canada-based uranium exploration and development company focused on advancing its flagship Rook I project in the Athabasca Basin of northern Saskatchewan. The company's primary activities include resource delineation, feasibility studies, and permitting for its high-grade Arrow deposit, one of the largest undeveloped uranium discoveries in the region. NexGen's technical team employs advanced drilling, geophysical and geochemical techniques to expand and define its resource base, with the aim of delivering a robust, low-cost supply of uranium to global nuclear power markets.
The Rook I project sits within one of the world's most prolific uranium districts, offering excellent infrastructure access, a skilled local workforce and a supportive regulatory regime.
See Also
Want to see what other hedge funds are holding NXE? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for NexGen Energy (NYSE:NXE - Free Report).
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