Russell Investments Group Ltd. increased its stake in NexGen Energy Ltd (NYSEAMERICAN:NXE) by 5.9% in the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 8,283,265 shares of the company’s stock after buying an additional 461,280 shares during the quarter. Russell Investments Group Ltd. owned about 2.39% of NexGen Energy worth $16,586,000 as of its most recent SEC filing.
Other institutional investors and hedge funds also recently modified their holdings of the company. Van ECK Associates Corp bought a new stake in shares of NexGen Energy during the second quarter worth $123,000. Citadel Advisors LLC lifted its position in shares of NexGen Energy by 102.9% during the second quarter. Citadel Advisors LLC now owns 78,942 shares of the company’s stock worth $146,000 after purchasing an additional 40,042 shares during the last quarter. CIBC Asset Management Inc lifted its position in shares of NexGen Energy by 31.9% during the second quarter. CIBC Asset Management Inc now owns 159,059 shares of the company’s stock worth $294,000 after purchasing an additional 38,485 shares during the last quarter. Toronto Dominion Bank lifted its position in shares of NexGen Energy by 121.6% during the second quarter. Toronto Dominion Bank now owns 208,011 shares of the company’s stock worth $384,000 after purchasing an additional 114,148 shares during the last quarter. Finally, Bank of Montreal Can bought a new stake in shares of NexGen Energy during the second quarter worth $1,088,000.
NYSEAMERICAN:NXE opened at $2.28 on Friday. NexGen Energy Ltd has a twelve month low of $1.65 and a twelve month high of $2.85.
NexGen Energy (NYSEAMERICAN:NXE) last announced its quarterly earnings results on Wednesday, August 8th. The company reported ($0.05) EPS for the quarter.
WARNING: This story was originally posted by American Banking News and is the property of of American Banking News. If you are viewing this story on another domain, it was illegally stolen and republished in violation of United States and international trademark & copyright law. The correct version of this story can be viewed at https://www.americanbankingnews.com/2018/11/10/russell-investments-group-ltd-has-16-59-million-position-in-nexgen-energy-ltd-nxe.html.
NexGen Energy Profile
NexGen Energy Ltd., an exploration stage company, engages in the acquisition, exploration, and evaluation of uranium properties in Canada. Its principal property is the Rook I project that consists of 32 contiguous mineral claims covering 35,065 hectares located in the southwest Athabasca Basin, Saskatchewan.
Featured Article: Price to Earnings Ratio (PE), For Valuing Stocks
Want to see what other hedge funds are holding NXE? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for NexGen Energy Ltd (NYSEAMERICAN:NXE).
Receive News & Ratings for NexGen Energy Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for NexGen Energy and related companies with MarketBeat.com's FREE daily email newsletter.