19,000 Shares in NexGen Energy Ltd. (NYSE:NXE) Bought by Sava Infond d.o.o.

Sava Infond d.o.o. purchased a new stake in shares of NexGen Energy Ltd. (NYSE:NXE) in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor purchased 19,000 shares of the company’s stock, valued at approximately $125,000.

Other large investors have also added to or reduced their stakes in the company. PNC Financial Services Group Inc. boosted its holdings in shares of NexGen Energy by 284.6% during the fourth quarter. PNC Financial Services Group Inc. now owns 5,000 shares of the company’s stock worth $33,000 after purchasing an additional 3,700 shares during the period. Larson Financial Group LLC raised its position in NexGen Energy by 122.7% during the 3rd quarter. Larson Financial Group LLC now owns 10,575 shares of the company’s stock valued at $69,000 after purchasing an additional 5,827 shares during the last quarter. Silver Lake Advisory LLC purchased a new stake in NexGen Energy in the 4th quarter worth approximately $73,000. Matauro LLC bought a new stake in shares of NexGen Energy in the 4th quarter worth approximately $84,000. Finally, Sanctuary Advisors LLC purchased a new position in shares of NexGen Energy during the third quarter valued at approximately $98,000. Institutional investors own 42.43% of the company’s stock.

Wall Street Analysts Forecast Growth

NXE has been the subject of a number of research analyst reports. Scotiabank reaffirmed an “outperform” rating on shares of NexGen Energy in a research note on Thursday, March 6th. Stifel Canada raised shares of NexGen Energy to a “strong-buy” rating in a research note on Tuesday, March 11th. Finally, Stifel Nicolaus initiated coverage on shares of NexGen Energy in a research report on Wednesday, March 12th. They set a “buy” rating on the stock. Two equities research analysts have rated the stock with a buy rating and four have given a strong buy rating to the stock. According to MarketBeat, the company has a consensus rating of “Strong Buy”.

NexGen Energy Stock Down 2.3 %

NXE opened at $4.83 on Friday. The stock has a market cap of $2.75 billion, a PE ratio of 32.17 and a beta of 1.97. The business has a 50 day moving average of $5.77 and a 200-day moving average of $6.71. NexGen Energy Ltd. has a 52 week low of $4.44 and a 52 week high of $8.96.

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 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.