Janus Henderson Group PLC lowered its stake in shares of Denison Mines Corp. (NYSEAMERICAN:DNN - Free Report) TSE: DML by 17.6% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 3,267,916 shares of the basic materials company's stock after selling 695,649 shares during the quarter. Janus Henderson Group PLC owned 0.36% of Denison Mines worth $5,911,000 at the end of the most recent quarter.
Several other institutional investors have also bought and sold shares of the stock. Oxford Asset Management LLP bought a new position in Denison Mines in the 4th quarter valued at $26,000. Vantage Point Financial LLC bought a new position in Denison Mines in the 4th quarter valued at $34,000. Commonwealth Equity Services LLC grew its stake in Denison Mines by 74.1% in the 4th quarter. Commonwealth Equity Services LLC now owns 19,964 shares of the basic materials company's stock valued at $36,000 after purchasing an additional 8,500 shares during the period. Headlands Technologies LLC bought a new position in Denison Mines in the 4th quarter valued at $38,000. Finally, Bayesian Capital Management LP bought a new position in Denison Mines in the 4th quarter valued at $44,000. Institutional investors own 36.74% of the company's stock.
Wall Street Analyst Weigh In
A number of research analysts have issued reports on the company. Scotiabank restated an "outperform" rating on shares of Denison Mines in a research note on Tuesday, March 25th. Desjardins initiated coverage on Denison Mines in a research note on Friday, April 4th. They set a "buy" rating for the company. One equities research analyst has rated the stock with a sell rating, five have given a buy rating and three have issued a strong buy rating to the company. According to data from MarketBeat.com, Denison Mines presently has an average rating of "Buy" and a consensus price target of $3.00.
Get Our Latest Report on DNN
Denison Mines Trading Up 12.0%
Shares of DNN stock traded up $0.18 on Friday, hitting $1.68. 156,942,551 shares of the stock were exchanged, compared to its average volume of 33,459,993. The firm has a market capitalization of $1.50 billion, a PE ratio of -168.00 and a beta of 1.75. Denison Mines Corp. has a one year low of $1.08 and a one year high of $2.47. The firm's 50 day moving average is $1.39 and its two-hundred day moving average is $1.76.
About Denison Mines
(
Free Report)
Denison Mines Corp. engages in the acquisition, exploration, and development of uranium bearing properties in Canada. Its flagship project is the Wheeler River uranium project covering an area of approximately 300,000 hectares located in the Athabasca Basin region in northern Saskatchewan. The company was formerly known as International Uranium Corporation and changed its name to Denison Mines Corp.
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