Janus Henderson Group PLC Takes $4.92 Million Position in NexGen Energy Ltd. (NYSE:NXE)

Janus Henderson Group PLC bought a new position in shares of NexGen Energy Ltd. (NYSE:NXE) during the third quarter, Holdings Channel.com reports. The fund bought 753,563 shares of the company’s stock, valued at approximately $4,915,000.

Other large investors have also added to or reduced their stakes in the company. The Manufacturers Life Insurance Company lifted its position in NexGen Energy by 792.0% during the third quarter. The Manufacturers Life Insurance Company now owns 7,115,250 shares of the company’s stock worth $46,434,000 after acquiring an additional 6,317,538 shares during the last quarter. Van ECK Associates Corp increased its stake in shares of NexGen Energy by 50.5% during the third quarter. Van ECK Associates Corp now owns 4,718,270 shares of the company’s stock worth $30,810,000 after purchasing an additional 1,582,705 shares during the period. Appian Way Asset Management LP lifted its holdings in NexGen Energy by 403.7% during the 3rd quarter. Appian Way Asset Management LP now owns 1,626,807 shares of the company’s stock worth $10,623,000 after purchasing an additional 1,303,864 shares during the last quarter. Mackenzie Financial Corp lifted its holdings in NexGen Energy by 411.2% during the 2nd quarter. Mackenzie Financial Corp now owns 1,530,574 shares of the company’s stock worth $10,675,000 after purchasing an additional 1,231,144 shares during the last quarter. Finally, Kapitalo Investimentos Ltda bought a new stake in NexGen Energy in the 3rd quarter valued at $6,585,000. Institutional investors own 42.43% of the company’s stock.

NexGen Energy Trading Up 0.1 %

Shares of NXE opened at $7.99 on Wednesday. NexGen Energy Ltd. has a 12 month low of $4.95 and a 12 month high of $8.96. The firm’s 50 day moving average is $7.66 and its 200-day moving average is $6.91. The stock has a market capitalization of $4.51 billion, a PE ratio of 53.27 and a beta of 1.91.

NexGen Energy (NYSE:NXE) last posted its quarterly earnings data on Thursday, November 7th. The company reported ($0.04) EPS for the quarter, missing analysts’ consensus estimates of ($0.03) by ($0.01). During the same period in the previous year, the company posted ($0.04) earnings per share. Equities research analysts predict that NexGen Energy Ltd. will post -0.05 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

Separately, National Bank Financial raised NexGen Energy to a “strong-buy” rating in a report on Tuesday, September 3rd.

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.