HTLF Bank Takes Position in NexGen Energy Ltd. (NYSE:NXE)

HTLF Bank purchased a new position in NexGen Energy Ltd. (NYSE:NXE - Free Report) in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm purchased 124,426 shares of the company's stock, valued at approximately $871,000.

Several other large investors have also added to or reduced their stakes in the stock. Mirae Asset Global Investments Co. Ltd. grew its holdings in shares of NexGen Energy by 7.3% during the 4th quarter. Mirae Asset Global Investments Co. Ltd. now owns 25,505,360 shares of the company's stock worth $179,307,000 after acquiring an additional 1,744,062 shares during the period. L1 Capital Pty Ltd grew its stake in NexGen Energy by 31.3% in the third quarter. L1 Capital Pty Ltd now owns 21,816,773 shares of the company's stock worth $130,246,000 after purchasing an additional 5,195,210 shares during the period. Alps Advisors Inc. raised its holdings in NexGen Energy by 10.5% in the third quarter. Alps Advisors Inc. now owns 12,319,817 shares of the company's stock worth $73,549,000 after purchasing an additional 1,168,795 shares in the last quarter. FMR LLC lifted its position in NexGen Energy by 99,379.5% during the third quarter. FMR LLC now owns 11,674,918 shares of the company's stock valued at $69,882,000 after buying an additional 11,663,182 shares during the period. Finally, Segra Capital Management LLC boosted its holdings in shares of NexGen Energy by 9.9% during the 1st quarter. Segra Capital Management LLC now owns 10,798,483 shares of the company's stock valued at $41,358,000 after buying an additional 975,000 shares in the last quarter. Institutional investors own 42.43% of the company's stock.

NexGen Energy Stock Down 0.3 %

Shares of NXE stock traded down $0.02 during trading hours on Friday, hitting $7.62. 4,225,444 shares of the company's stock traded hands, compared to its average volume of 6,439,272. The company has a quick ratio of 11.00, a current ratio of 11.00 and a debt-to-equity ratio of 0.19. The stock's fifty day simple moving average is $7.62 and its two-hundred day simple moving average is $6.97. NexGen Energy Ltd. has a 12-month low of $3.49 and a 12-month high of $8.88. The stock has a market cap of $4.11 billion, a price-to-earnings ratio of 380.94 and a beta of 1.90.

NexGen Energy (NYSE:NXE - Get Free Report) last posted its quarterly earnings data on Wednesday, March 6th. The company reported ($0.06) earnings per share for the quarter, missing analysts' consensus estimates of ($0.01) by ($0.05). On average, analysts expect that NexGen Energy Ltd. will post -0.1 EPS for the current year.

Analysts Set New Price Targets

Separately, Scotiabank began coverage on shares of NexGen Energy in a research report on Monday, April 1st. They issued a "sector outperform" rating on the stock.

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 100% interest in the Rook I project comprising 32 contiguous mineral claims totaling an area of 35,065 hectares located in the southwestern Athabasca Basin of Saskatchewan.