NexGen Energy Ltd. (NYSE:NXE) Stock Holdings Decreased by Moore Capital Management LP

Moore Capital Management LP decreased its stake in shares of NexGen Energy Ltd. (NYSE:NXE) by 9.5% during the 4th quarter, according to its most recent Form 13F filing with the SEC. The fund owned 2,385,836 shares of the company’s stock after selling 250,000 shares during the period. Moore Capital Management LP owned about 0.42% of NexGen Energy worth $15,747,000 as of its most recent filing with the SEC.

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

NexGen Energy Trading Up 3.1%

Shares of NYSE:NXE opened at $5.72 on Monday. The firm’s 50 day moving average is $4.83 and its two-hundred day moving average is $6.27. The firm has a market capitalization of $3.26 billion, a P/E ratio of 38.14 and a beta of 1.50. NexGen Energy Ltd. has a 52 week low of $3.91 and a 52 week high of $8.96.

Analysts Set New Price Targets

A number of research firms have recently issued reports on NXE. Scotiabank restated an “outperform” rating on shares of NexGen Energy in a research report on Thursday, March 6th. Stifel Nicolaus started coverage on shares of NexGen Energy in a report on Wednesday, March 12th. They issued a “buy” rating on the stock. Raymond James restated an “outperform” rating on shares of NexGen Energy in a research note on Friday, April 4th. Finally, Stifel Canada upgraded NexGen Energy to a “strong-buy” rating in a research report on Tuesday, March 11th. Three research analysts have rated the stock with a buy rating and four have assigned a strong buy rating to the stock. Based on data from MarketBeat, the stock currently 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.