Chicago Capital LLC Invests $921,000 in Cameco Co. (NYSE:CCJ)

Chicago Capital LLC acquired a new stake in shares of Cameco Co. (NYSE:CCJ - Free Report) TSE: CCO in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm acquired 17,919 shares of the basic materials company's stock, valued at approximately $921,000.

Several other hedge funds also recently made changes to their positions in the business. SkyOak Wealth LLC acquired a new stake in shares of Cameco during the fourth quarter worth $257,000. Riggs Asset Managment Co. Inc. increased its stake in Cameco by 2.3% in the 4th quarter. Riggs Asset Managment Co. Inc. now owns 42,086 shares of the basic materials company's stock worth $2,160,000 after purchasing an additional 955 shares in the last quarter. U.S. Capital Wealth Advisors LLC raised its holdings in Cameco by 35.2% during the 4th quarter. U.S. Capital Wealth Advisors LLC now owns 39,329 shares of the basic materials company's stock worth $2,021,000 after buying an additional 10,231 shares during the period. Caprock Group LLC purchased a new stake in Cameco during the fourth quarter valued at about $349,000. Finally, Mediolanum International Funds Ltd boosted its holdings in shares of Cameco by 149.0% in the fourth quarter. Mediolanum International Funds Ltd now owns 11,936 shares of the basic materials company's stock worth $610,000 after buying an additional 7,142 shares during the period. Institutional investors and hedge funds own 70.21% of the company's stock.

Cameco Trading Up 0.0 %

Shares of CCJ stock traded up $0.01 during trading hours on Wednesday, reaching $50.33. 3,532,741 shares of the stock traded hands, compared to its average volume of 4,842,622. The company has a quick ratio of 1.26, a current ratio of 2.88 and a debt-to-equity ratio of 0.20. The firm has a market capitalization of $21.91 billion, a PE ratio of 264.93 and a beta of 0.94. Cameco Co. has a 1-year low of $35.43 and a 1-year high of $62.55. The business has a fifty day moving average price of $53.40 and a 200 day moving average price of $49.34.

Cameco (NYSE:CCJ - Get Free Report) TSE: CCO last issued its quarterly earnings results on Thursday, November 7th. The basic materials company reported ($0.01) earnings per share for the quarter, missing analysts' consensus estimates of $0.39 by ($0.40). The business had revenue of $721.00 million for the quarter, compared to analysts' expectations of $646.83 million. Cameco had a net margin of 4.15% and a return on equity of 3.33%. The business's quarterly revenue was up 25.4% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $0.24 EPS. On average, equities research analysts forecast that Cameco Co. will post 0.47 EPS for the current year.

Cameco Increases Dividend

The business also recently announced an annual dividend, which was paid on Friday, December 13th. Shareholders of record on Wednesday, November 27th were paid a dividend of $0.118 per share. The ex-dividend date was Wednesday, November 27th. This represents a dividend yield of 0.22%. This is a positive change from Cameco's previous annual dividend of $0.09. Cameco's dividend payout ratio (DPR) is 63.16%.

About Cameco

Cameco Corporation provides uranium for the generation of electricity. It operates through Uranium, Fuel Services, Westinghouse segments. The Uranium segment is involved in the exploration for, mining, and milling, purchase, and sale of uranium concentrate. The Fuel Services segment engages in the refining, conversion, and fabrication of uranium concentrate, as well as the purchase and sale of conversion services.