Nomura Holdings Inc. Invests $443,000 in NexGen Energy Ltd. (NYSE:NXE)

Nomura Holdings Inc. acquired a new position in shares of NexGen Energy Ltd. (NYSE:NXE - Free Report) during the 4th quarter, according to its most recent Form 13F filing with the SEC. The firm acquired 67,057 shares of the company's stock, valued at approximately $443,000.

Several other hedge funds and other institutional investors also recently bought and sold shares of NXE. PNC Financial Services Group Inc. lifted its stake in shares of NexGen Energy by 284.6% in the 4th quarter. PNC Financial Services Group Inc. now owns 5,000 shares of the company's stock worth $33,000 after acquiring an additional 3,700 shares during the period. Altshuler Shaham Ltd purchased a new position in shares of NexGen Energy in the 4th quarter valued at about $51,000. Mariner LLC purchased a new position in shares of NexGen Energy in the 4th quarter valued at about $68,000. Silver Lake Advisory LLC purchased a new position in NexGen Energy during the 4th quarter valued at about $73,000. Finally, Aptus Capital Advisors LLC purchased a new position in NexGen Energy during the 4th quarter valued at about $79,000. 42.43% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

NXE has been the subject of several recent research reports. Stifel Canada upgraded shares of NexGen Energy to a "strong-buy" rating in a report on Tuesday, March 11th. Scotiabank restated an "outperform" rating on shares of NexGen Energy in a report on Thursday, March 6th. Stifel Nicolaus initiated coverage on shares of NexGen Energy in a report on Wednesday, March 12th. They set a "buy" rating for the company. Finally, Raymond James restated an "outperform" rating on shares of NexGen Energy in a report on Friday, April 4th. Three analysts have rated the stock with a buy rating and three have assigned a strong buy rating to the stock. According to data from MarketBeat, the stock has a consensus rating of "Strong Buy".

NexGen Energy Stock Performance

NYSE:NXE traded up $0.11 during mid-day trading on Tuesday, hitting $6.35. 14,347,292 shares of the company's stock traded hands, compared to its average volume of 7,079,014. The company has a market cap of $3.62 billion, a PE ratio of 42.34 and a beta of 1.50. NexGen Energy Ltd. has a 1 year low of $3.91 and a 1 year high of $8.96. The firm's 50 day simple moving average is $5.05 and its 200 day simple moving average is $6.14.

NexGen Energy (NYSE:NXE - Get Free Report) last issued its quarterly earnings results on Monday, May 12th. The company reported ($0.06) EPS for the quarter, missing analysts' consensus estimates of ($0.02) by ($0.04). On average, research analysts expect that NexGen Energy Ltd. will post -0.05 earnings per share for the current fiscal year.

About NexGen Energy

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.