Virtu Financial LLC Decreases Stock Holdings in NexGen Energy Ltd. (NYSE:NXE)

Virtu Financial LLC lowered its holdings in shares of NexGen Energy Ltd. (NYSE:NXE) by 20.8% in the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 11,813 shares of the company’s stock after selling 3,100 shares during the quarter. Virtu Financial LLC’s holdings in NexGen Energy were worth $77,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors have also recently made changes to their positions in the business. Larson Financial Group LLC purchased a new position in NexGen Energy in the second quarter worth about $33,000. DekaBank Deutsche Girozentrale purchased a new stake in NexGen Energy during the 3rd quarter valued at $76,000. SevenBridge Financial Group LLC bought a new stake in NexGen Energy in the third quarter worth $87,000. New Harbor Financial Group LLC boosted its stake in NexGen Energy by 20.0% during the third quarter. New Harbor Financial Group LLC now owns 15,000 shares of the company’s stock worth $98,000 after buying an additional 2,500 shares during the period. Finally, Element Capital Management LLC bought a new position in NexGen Energy during the second quarter valued at $110,000. 42.43% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

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

NexGen Energy Stock Performance

NXE opened at $6.98 on Friday. The stock’s 50 day moving average price is $7.77 and its 200-day moving average price is $6.90. NexGen Energy Ltd. has a one year low of $4.95 and a one year high of $8.96. The stock has a market cap of $3.95 billion, a price-to-earnings ratio of 46.54 and a beta of 1.91.

NexGen Energy (NYSE:NXE) last released its earnings results on Thursday, November 7th. The company reported ($0.04) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.03) by ($0.01). During the same period last year, the firm posted ($0.04) earnings per share. As a group, analysts predict that NexGen Energy Ltd. will post -0.05 earnings per share for the current fiscal 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 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.