NexGen Energy Ltd. (NYSE:NXE) Shares Bought by Raymond James Financial Services Advisors Inc.

Raymond James Financial Services Advisors Inc. raised its position in NexGen Energy Ltd. (NYSE:NXE) by 51.2% in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 109,097 shares of the company’s stock after acquiring an additional 36,922 shares during the period. Raymond James Financial Services Advisors Inc.’s holdings in NexGen Energy were worth $764,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors also recently bought and sold shares of NXE. Headlands Technologies LLC acquired a new stake in NexGen Energy in the third quarter valued at approximately $28,000. Canada Pension Plan Investment Board purchased a new position in shares of NexGen Energy in the first quarter worth $35,000. Advisor Group Holdings Inc. raised its holdings in shares of NexGen Energy by 56.3% in the first quarter. Advisor Group Holdings Inc. now owns 7,498 shares of the company’s stock worth $42,000 after buying an additional 2,700 shares during the last quarter. Toroso Investments LLC purchased a new position in shares of NexGen Energy in the fourth quarter worth $48,000. Finally, LPL Financial LLC purchased a new position in shares of NexGen Energy in the second quarter worth $49,000. 42.43% of the stock is currently owned by institutional investors and hedge funds.

NexGen Energy Trading Up 0.2 %

NYSE NXE opened at $7.85 on Wednesday. The company has a fifty day simple moving average of $7.63 and a two-hundred day simple moving average of $6.95. The stock has a market cap of $4.23 billion, a P/E ratio of 392.45 and a beta of 1.90. NexGen Energy Ltd. has a 12-month low of $3.49 and a 12-month high of $8.88. The company has a current ratio of 11.00, a quick ratio of 11.00 and a debt-to-equity ratio of 0.19.

NexGen Energy (NYSE:NXE) last issued its earnings results on Wednesday, March 6th. The company reported ($0.06) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.01) by ($0.05). On average, analysts forecast that NexGen Energy Ltd. will post -0.1 earnings per share for the current year.

Analysts Set New Price Targets

Separately, Scotiabank started coverage on shares of NexGen Energy in a report on Monday, April 1st. They issued 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.