Sava Infond d.o.o. Purchases Shares of 19,000 NexGen Energy Ltd. (NYSE:NXE)

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

Other institutional investors have also recently made changes to their positions in the company. Azarias Capital Management L.P. grew its position in NexGen Energy by 15.3% during the fourth quarter. Azarias Capital Management L.P. now owns 2,038,627 shares of the company’s stock worth $13,455,000 after buying an additional 271,153 shares in the last quarter. Mountaineer Partners Management LLC boosted its position in shares of NexGen Energy by 536.6% during the 3rd quarter. Mountaineer Partners Management LLC now owns 3,686,231 shares of the company’s stock valued at $24,071,000 after acquiring an additional 3,107,214 shares during the last quarter. Toronto Dominion Bank grew its holdings in shares of NexGen Energy by 719.6% during the third quarter. Toronto Dominion Bank now owns 180,140 shares of the company’s stock worth $1,176,000 after purchasing an additional 158,160 shares in the last quarter. Barclays PLC grew its holdings in shares of NexGen Energy by 328.3% during the third quarter. Barclays PLC now owns 187,861 shares of the company’s stock worth $1,227,000 after purchasing an additional 143,996 shares in the last quarter. Finally, Segra Capital Management LLC increased its position in shares of NexGen Energy by 19.8% in the third quarter. Segra Capital Management LLC now owns 11,671,758 shares of the company’s stock worth $76,217,000 after purchasing an additional 1,931,200 shares during the last quarter. Institutional investors own 42.43% of the company’s stock.

NexGen Energy Stock Down 2.3 %

Shares of NYSE: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 company’s fifty day moving average is $5.77 and its 200 day moving average is $6.71. NexGen Energy Ltd. has a 52 week low of $4.44 and a 52 week high of $8.96.

Analysts Set New Price Targets

A number of research firms have recently issued reports on NXE. Stifel Canada raised shares of NexGen Energy to a “strong-buy” rating in a report on Tuesday, March 11th. Scotiabank reiterated an “outperform” rating on shares of NexGen Energy in a report on Thursday, March 6th. Finally, Stifel Nicolaus assumed coverage on NexGen Energy in a research report on Wednesday, March 12th. They set a “buy” rating on the stock. Two investment analysts have rated the stock with a buy rating and four have issued a strong buy rating to the stock. Based on data from MarketBeat, the company has a consensus rating of “Strong Buy”.

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.