MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. Grows Holdings in NexGen Energy Ltd. (NYSE:NXE)

MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its position in NexGen Energy Ltd. (NYSE:NXE) by 1.5% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 35,018,623 shares of the company’s stock after purchasing an additional 501,952 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. owned about 6.15% of NexGen Energy worth $230,828,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in NXE. Barclays PLC lifted its holdings in NexGen Energy by 328.3% in the 3rd quarter. Barclays PLC now owns 187,861 shares of the company’s stock valued at $1,227,000 after purchasing an additional 143,996 shares in the last quarter. Harbour Capital Advisors LLC acquired a new position in shares of NexGen Energy during the 4th quarter valued at about $413,000. Janney Montgomery Scott LLC increased its stake in shares of NexGen Energy by 10.8% during the 4th quarter. Janney Montgomery Scott LLC now owns 15,345 shares of the company’s stock valued at $101,000 after acquiring an additional 1,500 shares during the last quarter. Silver Lake Advisory LLC acquired a new position in shares of NexGen Energy during the 4th quarter valued at about $73,000. Finally, Caprock Group LLC acquired a new position in shares of NexGen Energy during the 4th quarter valued at about $462,000. 42.43% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

NXE has been the subject of a number of research analyst reports. Stifel Canada raised shares of NexGen Energy to a “strong-buy” rating in a research note on Tuesday, March 11th. Stifel Nicolaus started coverage on shares of NexGen Energy in a research report on Wednesday, March 12th. They set a “buy” rating for the company. Scotiabank reissued an “outperform” rating on shares of NexGen Energy in a research report on Thursday, March 6th. Finally, Raymond James reissued an “outperform” rating on shares of NexGen Energy in a research report on Friday, April 4th. Three research analysts have rated the stock with a buy rating and four have issued a strong buy rating to the company’s stock. According to MarketBeat.com, NexGen Energy currently has an average rating of “Strong Buy”.

NexGen Energy Trading Up 3.1%

NexGen Energy stock opened at $5.72 on Monday. The stock has a market cap of $3.26 billion, a P/E ratio of 38.14 and a beta of 1.50. The stock has a 50 day moving average of $4.83 and a 200-day moving average of $6.27. NexGen Energy Ltd. has a 52 week low of $3.91 and a 52 week high of $8.96.

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.