6 days Ago By ABMN Staff
Pictet Asset Management Holding SA trimmed its stake in NuScale Power Co. ( NYSE:SMR – Free Report ) by 29.1% during the fourth quarter, according to its most recent filing with the Securities & Exchange Commission.
The fund owned 12,109 shares of the company’s stock after selling 4,966 shares during the quarter. Pictet Asset Management Holding SA’s holdings in NuScale Power were worth $217,000 at the end of the most recent quarter. Other institutional investors and hedge funds also recently modified their holdings of the company.
Venturi Wealth Management LLC boosted its stake in NuScale Power by 313.8% in the 4th quarter. Venturi Wealth Management LLC now owns 1,978 shares of the company’s stock worth $35,000 after purchasing an additional 1,500 shares during the period.
Toth Financial Advisory Corp boosted its position in shares of 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 during the period.
Twin Tree Management LP purchased a new position in shares of NuScale Power during the fourth quarter valued at $42,000. Amalgamated Bank raised its position in NuScale Power by 51.8% during the fourth quarter.
Amalgamated Bank now owns 2,889 shares of the company’s stock valued at $52,000 after buying an additional 986 shares during the period. Finally, PNC Financial Services Group Inc. raised its position in 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 buying an additional 3,576 shares during the period.
78.37% of the stock is owned by institutional investors and hedge funds. NuScale Power Stock Up 1.
9 % SMR opened at $15.14 on Friday. The company has a market capitalization of $4.
27 billion, a PE ratio of -15.93 and a beta of 1.64.
The company has a debt-to-equity ratio of 0.26, a current ratio of 2.24 and a quick ratio of 2.
24. NuScale Power Co. has a fifty-two week low of $4.
61 and a fifty-two week high of $32.30. The business has a 50-day moving average of $18.
11 and a 200-day moving average of $19.87. Insider Activity at NuScale Power Analyst Ratings Changes A number of equities analysts have recently weighed in on SMR shares.
BTIG Research initiated coverage on NuScale Power in a report on Friday. They issued a “buy” rating and a $20.00 target price on the stock.
UBS Group dropped their price objective on shares of NuScale Power from $25.00 to $17.00 and set a “neutral” rating on the stock in a research note on Friday, March 7th.
One research analyst has rated the stock with a hold rating and four have given a buy rating to the company’s stock. According to data from MarketBeat, NuScale Power has an average rating of “Moderate Buy” and a consensus target price of $16.60.
View Our Latest Research Report on SMR About NuScale Power ( 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. Featured Stories Want to see what other hedge funds are holding SMR? Visit HoldingsChannel.
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