Verde Servicos Internacionais S.A. Makes New $868,000 Investment in NexGen Energy $NXE

Verde Servicos Internacionais S.A. purchased a new stake in NexGen Energy (NYSE:NXE) during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund purchased 125,000 shares of the company’s stock, valued at approximately $868,000. NexGen Energy accounts for about 0.4% of Verde Servicos Internacionais S.A.’s investment portfolio, making the stock its 25th largest holding.

A number of other institutional investors also recently modified their holdings of the business. Compound Planning Inc. purchased a new position in NexGen Energy in the 1st quarter valued at approximately $46,000. PenderFund Capital Management Ltd. grew its position in shares of NexGen Energy by 45.0% in the first quarter. PenderFund Capital Management Ltd. now owns 11,600 shares of the company’s stock valued at $52,000 after purchasing an additional 3,600 shares in the last quarter. Ground Swell Capital LLC purchased a new position in shares of NexGen Energy in the first quarter valued at $55,000. Hsbc Holdings PLC raised its stake in shares of NexGen Energy by 10.4% during the 1st quarter. Hsbc Holdings PLC now owns 20,675 shares of the company’s stock valued at $93,000 after purchasing an additional 1,946 shares during the period. Finally, Sava Infond d.o.o. lifted its holdings in NexGen Energy by 14.3% during the 2nd quarter. Sava Infond d.o.o. now owns 16,000 shares of the company’s stock worth $111,000 after purchasing an additional 2,000 shares in the last quarter. 42.43% of the stock is currently owned by hedge funds and other institutional investors.

NexGen Energy Price Performance

NXE stock opened at $8.78 on Friday. The firm has a 50 day simple moving average of $7.82 and a two-hundred day simple moving average of $6.55. The stock has a market cap of $5.05 billion, a PE ratio of -35.12 and a beta of 1.44. NexGen Energy has a one year low of $3.91 and a one year high of $9.43.

NexGen Energy (NYSE:NXE) last posted its quarterly earnings data on Tuesday, August 5th. The company reported ($0.10) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.02) by ($0.08). On average, research analysts expect that NexGen Energy will post -0.05 EPS for the current fiscal year.

Analysts Set New Price Targets

A number of research analysts have weighed in on NXE shares. TD Securities reaffirmed a “buy” rating on shares of NexGen Energy in a report on Friday, August 8th. Weiss Ratings reaffirmed a “sell (d)” rating on shares of NexGen Energy in a report on Wednesday. One analyst has rated the stock with a Strong Buy rating, five have given a Buy rating and one has issued a Sell rating to the company. According to MarketBeat, the company has an average rating of “Moderate 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.