NexGen Energy Ltd. (NYSE:NXE) Shares Sold by Raymond James & Associates

Raymond James & Associates lowered its stake in NexGen Energy Ltd. (NYSE:NXE) by 16.2% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 204,556 shares of the company’s stock after selling 39,467 shares during the quarter. Raymond James & Associates’ holdings in NexGen Energy were worth $1,432,000 at the end of the most recent quarter.

Other institutional investors have also bought and sold shares of the company. Headlands Technologies LLC bought a new stake in NexGen Energy in the third quarter worth about $28,000. Canada Pension Plan Investment Board bought a new stake in NexGen Energy in the first quarter worth about $35,000. Advisor Group Holdings Inc. raised its position in NexGen Energy by 56.3% in the first quarter. Advisor Group Holdings Inc. now owns 7,498 shares of the company’s stock worth $42,000 after acquiring an additional 2,700 shares in the last quarter. Toroso Investments LLC bought a new stake in NexGen Energy in the fourth quarter worth about $48,000. Finally, LPL Financial LLC bought a new stake in NexGen Energy in the second quarter worth about $49,000. Institutional investors and hedge funds own 42.43% of the company’s stock.

Analyst Ratings Changes

Separately, Scotiabank assumed coverage on shares of NexGen Energy in a research report on Monday, April 1st. They issued a “sector outperform” rating on the stock.

NexGen Energy Price Performance

NYSE NXE opened at $7.62 on Friday. The stock’s 50-day moving average price is $7.62 and its two-hundred day moving average price is $6.97. The company has a current ratio of 11.00, a quick ratio of 11.00 and a debt-to-equity ratio of 0.19. The company has a market cap of $4.11 billion, a PE ratio of 380.94 and a beta of 1.90. NexGen Energy Ltd. has a 1 year low of $3.49 and a 1 year high of $8.88.

NexGen Energy (NYSE:NXE) last issued its earnings results on Wednesday, March 6th. The company reported ($0.06) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.01) by ($0.05). On average, analysts predict that NexGen Energy Ltd. will post -0.1 EPS for the current year.

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 100% interest in the Rook I project comprising 32 contiguous mineral claims totaling an area of 35,065 hectares located in the southwestern Athabasca Basin of Saskatchewan.