Fielder Capital Group LLC Invests $2.46 Million in NexGen Energy Ltd. (NYSE:NXE)

Fielder Capital Group LLC bought a new position in NexGen Energy Ltd. (NYSE:NXE - Free Report) during the 4th quarter, according to its most recent filing with the SEC. The institutional investor bought 351,493 shares of the company's stock, valued at approximately $2,460,000. NexGen Energy makes up approximately 1.5% of Fielder Capital Group LLC's investment portfolio, making the stock its 16th biggest holding. Fielder Capital Group LLC owned about 0.07% of NexGen Energy as of its most recent filing with the SEC.

Several other large investors have also recently bought and sold shares of NXE. Raymond James Financial Services Advisors Inc. grew its holdings in shares of NexGen Energy by 36.0% during the third quarter. Raymond James Financial Services Advisors Inc. now owns 72,175 shares of the company's stock worth $431,000 after purchasing an additional 19,088 shares in the last quarter. Zurcher Kantonalbank Zurich Cantonalbank raised its stake in shares of NexGen Energy by 45.7% during the third quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 113,690 shares of the company's stock worth $684,000 after acquiring an additional 35,677 shares in the last quarter. Mackenzie Financial Corp boosted its stake in shares of NexGen Energy by 1.3% in the 3rd quarter. Mackenzie Financial Corp now owns 192,591 shares of the company's stock valued at $1,079,000 after purchasing an additional 2,550 shares in the last quarter. Mirae Asset Global Investments Co. Ltd. raised its position in NexGen Energy by 12.4% in the 3rd quarter. Mirae Asset Global Investments Co. Ltd. now owns 23,761,298 shares of the company's stock worth $142,884,000 after purchasing an additional 2,612,540 shares during the period. Finally, TD Asset Management Inc lifted its stake in NexGen Energy by 96.5% in the third quarter. TD Asset Management Inc now owns 2,196,263 shares of the company's stock worth $13,207,000 after purchasing an additional 1,078,443 shares during the last quarter. 42.43% of the stock is owned by institutional investors.

NexGen Energy Stock Up 1.5 %

Shares of NexGen Energy stock traded up $0.13 during trading on Tuesday, hitting $8.74. The company's stock had a trading volume of 4,037,054 shares, compared to its average volume of 6,334,222. NexGen Energy Ltd. has a 52 week low of $3.61 and a 52 week high of $8.88. The company has a market capitalization of $4.72 billion, a PE ratio of 437.22 and a beta of 1.90. The company has a fifty day simple moving average of $7.82 and a two-hundred day simple moving average of $7.20. The company has a debt-to-equity ratio of 0.19, a quick ratio of 11.00 and a current ratio of 11.00.

NexGen Energy (NYSE:NXE - Get Free Report) last announced its earnings results 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). Equities research analysts predict that NexGen Energy Ltd. will post -0.09 earnings per share for the current year.

Analyst Upgrades and Downgrades

Separately, Scotiabank started coverage on NexGen Energy in a report on Monday, April 1st. They set a "sector outperform" rating for the company.

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 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.