30,361 Shares in NexGen Energy Ltd. (NYSE:NXE) Acquired by Oxford Asset Management LLP

Oxford Asset Management LLP bought a new position in shares of NexGen Energy Ltd. (NYSE:NXE) in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor bought 30,361 shares of the company’s stock, valued at approximately $200,000.

Other large investors have also bought and sold shares of the company. Two Sigma Securities LLC grew its stake in shares of NexGen Energy by 224.6% during the 4th quarter. Two Sigma Securities LLC now owns 73,434 shares of the company’s stock worth $485,000 after acquiring an additional 50,813 shares in the last quarter. Nebula Research & Development LLC grew its stake in shares of NexGen Energy by 224.3% during the 4th quarter. Nebula Research & Development LLC now owns 62,454 shares of the company’s stock worth $412,000 after acquiring an additional 43,198 shares in the last quarter. Hood River Capital Management LLC grew its stake in shares of NexGen Energy by 11.9% during the 4th quarter. Hood River Capital Management LLC now owns 1,198,641 shares of the company’s stock worth $7,911,000 after acquiring an additional 127,055 shares in the last quarter. Pinebridge Investments L.P. grew its stake in shares of NexGen Energy by 2.9% during the 4th quarter. Pinebridge Investments L.P. now owns 671,809 shares of the company’s stock worth $4,434,000 after acquiring an additional 18,818 shares in the last quarter. Finally, Hsbc Holdings PLC grew its stake in shares of NexGen Energy by 22.8% during the 4th quarter. Hsbc Holdings PLC now owns 18,729 shares of the company’s stock worth $124,000 after acquiring an additional 3,473 shares in the last quarter. 42.43% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

Several brokerages have recently weighed in on NXE. Raymond James reaffirmed an “outperform” rating on shares of NexGen Energy in a research note on Friday, April 4th. Stifel Nicolaus started coverage on shares of NexGen Energy in a research note on Wednesday, March 12th. They set a “buy” rating for the company. Stifel Canada raised NexGen Energy to a “strong-buy” rating in a report on Tuesday, March 11th. Finally, Scotiabank reissued an “outperform” rating on shares of NexGen Energy in a report on Thursday, March 6th. Three analysts have rated the stock with a buy rating and four have given a strong buy rating to the company. According to data from MarketBeat.com, the company currently has a consensus rating of “Strong Buy”.

NexGen Energy Trading Up 4.3 %

NYSE NXE opened at $5.32 on Tuesday. The company has a market cap of $3.03 billion, a PE ratio of 35.47 and a beta of 2.02. NexGen Energy Ltd. has a 12 month low of $3.91 and a 12 month high of $8.96. The stock has a 50 day moving average of $4.81 and a 200-day moving average of $6.42.

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.