Vanguard Personalized Indexing Management LLC Has $256,000 Holdings in NexGen Energy $NXE

Vanguard Personalized Indexing Management LLC raised its holdings in NexGen Energy (NYSE:NXE) by 139.4% in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 36,833 shares of the company’s stock after acquiring an additional 21,445 shares during the period. Vanguard Personalized Indexing Management LLC’s holdings in NexGen Energy were worth $256,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. L1 Capital Pty Ltd grew its stake in NexGen Energy by 11.8% in the first quarter. L1 Capital Pty Ltd now owns 30,644,505 shares of the company’s stock valued at $137,372,000 after acquiring an additional 3,226,055 shares during the period. Vanguard Group Inc. grew its stake in NexGen Energy by 2.5% in the first quarter. Vanguard Group Inc. now owns 20,956,792 shares of the company’s stock valued at $93,928,000 after acquiring an additional 520,279 shares during the period. Alps Advisors Inc. grew its stake in NexGen Energy by 8.3% in the first quarter. Alps Advisors Inc. now owns 17,045,672 shares of the company’s stock valued at $76,535,000 after acquiring an additional 1,299,255 shares during the period. The Manufacturers Life Insurance Company grew its stake in NexGen Energy by 1.4% in the first quarter. The Manufacturers Life Insurance Company now owns 7,220,545 shares of the company’s stock valued at $32,317,000 after acquiring an additional 98,128 shares during the period. Finally, Encompass Capital Advisors LLC grew its stake in NexGen Energy by 249.5% in the first quarter. Encompass Capital Advisors LLC now owns 4,153,080 shares of the company’s stock valued at $18,635,000 after acquiring an additional 2,964,900 shares during the period. 42.43% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

A number of research firms have issued reports on NXE. Zacks Research raised NexGen Energy from a “strong sell” rating to a “hold” rating in a research note on Monday, October 13th. TD Securities reissued a “buy” rating on shares of NexGen Energy in a research note on Friday, August 8th. Weiss Ratings restated a “sell (d)” rating on shares of NexGen Energy in a report on Wednesday, October 8th. Finally, Raymond James Financial restated an “outperform” rating on shares of NexGen Energy in a report on Friday, October 10th. One research analyst has rated the stock with a Strong Buy rating, five have assigned a Buy rating, one has assigned a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy”.

NexGen Energy Stock Performance

NXE opened at $8.74 on Friday. NexGen Energy has a 52-week low of $3.91 and a 52-week high of $9.80. The firm has a market capitalization of $5.31 billion, a PE ratio of -34.94 and a beta of 1.44. The business’s 50-day simple moving average is $8.24 and its 200 day simple moving average is $6.87.

NexGen Energy (NYSE:NXE) last released its earnings results on Tuesday, August 5th. The company reported ($0.10) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.02) by ($0.08). On average, research analysts forecast that NexGen Energy will post -0.05 earnings per share for the current year.

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 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.