3 days Ago By ABMN Staff
Geode Capital Management LLC lifted its stake in NuScale Power Co. ( NYSE:SMR – Free Report ) by 7.4% during the 4th quarter, according to its most recent disclosure with the SEC.
The institutional investor owned 1,965,456 shares of the company’s stock after buying an additional 135,613 shares during the quarter. Geode Capital Management LLC’s holdings in NuScale Power were worth $35,249,000 at the end of the most recent reporting period. A number of other hedge funds and other institutional investors have also recently modified their holdings of SMR.
Venturi Wealth Management LLC lifted its stake in shares of NuScale Power by 313.8% in the 4th quarter. Venturi Wealth Management LLC now owns 1,978 shares of the company’s stock valued at $35,000 after purchasing an additional 1,500 shares during the last quarter.
Toth Financial Advisory Corp raised its stake in NuScale Power by 600.0% in the fourth quarter. Toth Financial Advisory Corp now owns 2,100 shares of the company’s stock worth $38,000 after buying an additional 1,800 shares in the last quarter.
Twin Tree Management LP bought a new position in NuScale Power in the fourth quarter worth about $42,000. Amalgamated Bank boosted its stake in NuScale Power by 51.8% in the fourth quarter.
Amalgamated Bank now owns 2,889 shares of the company’s stock valued at $52,000 after acquiring an additional 986 shares in the last quarter. Finally, PNC Financial Services Group Inc. increased its holdings in shares of NuScale Power by 2,980.
0% during the fourth quarter. PNC Financial Services Group Inc. now owns 3,696 shares of the company’s stock valued at $66,000 after acquiring an additional 3,576 shares in the last quarter.
Institutional investors own 78.37% of the company’s stock. NuScale Power Stock Down 5.
5 % NYSE SMR opened at $14.54 on Thursday. The business’s fifty day simple moving average is $17.
54 and its 200-day simple moving average is $19.87. The firm has a market cap of $4.
11 billion, a PE ratio of -15.31 and a beta of 1.64.
The company has a quick ratio of 2.24, a current ratio of 2.24 and a debt-to-equity ratio of 0.
26. NuScale Power Co. has a 52 week low of $4.
61 and a 52 week high of $32.30. Insider Activity at NuScale Power Analyst Upgrades and Downgrades Several brokerages have recently issued reports on SMR.
UBS Group reduced their price objective on NuScale Power from $25.00 to $17.00 and set a “neutral” rating for the company in a research note on Friday, March 7th.
BTIG Research assumed coverage on NuScale Power in a report on Friday, April 11th. They issued a “buy” rating and a $20.00 price objective on the stock.
One equities research analyst has rated the stock with a hold rating and four have given a buy rating to the stock. According to MarketBeat.com, NuScale Power has a consensus rating of “Moderate Buy” and a consensus price target of $16.
60. Get Our Latest Stock Report on SMR NuScale Power Profile ( Free Report ) NuScale Power Corporation engages in the development and sale of modular light water reactor nuclear power plants to supply energy for electrical generation, district heating, desalination, hydrogen production, and other process heat applications. It offers NuScale Power Module (NPM), a water reactor that can generate 77 megawatts of electricity (MWe); and VOYGR power plant designs for three facility sizes that are capable of housing from one to four and six or twelve NPMs.
Further Reading Want to see what other hedge funds are holding SMR? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for NuScale Power Co. ( NYSE:SMR – Free Report ).
Receive News & Ratings for NuScale Power Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for NuScale Power and related companies with MarketBeat.com's FREE daily email newsletter ..
