Aviva PLC Has $13.44 Million Holdings in Cameco Co. (NYSE:CCJ)

Aviva PLC grew its position in shares of Cameco Co. (NYSE:CCJ - Free Report) TSE: CCO by 1,467.8% during the 4th quarter, according to the company in its most recent filing with the SEC. The firm owned 261,965 shares of the basic materials company's stock after purchasing an additional 245,256 shares during the quarter. Aviva PLC owned 0.06% of Cameco worth $13,442,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors also recently modified their holdings of CCJ. Sierra Ocean LLC bought a new stake in Cameco during the fourth quarter worth approximately $25,000. Bank Julius Baer & Co. Ltd Zurich acquired a new position in shares of Cameco in the 4th quarter worth $28,000. Whipplewood Advisors LLC acquired a new stake in shares of Cameco during the fourth quarter worth $33,000. Compass Planning Associates Inc purchased a new position in Cameco in the 4th quarter worth about $36,000. Finally, Wilmington Savings Fund Society FSB purchased a new stake in Cameco during the third quarter valued at about $38,000. Institutional investors own 70.21% of the company's stock.

Cameco Stock Up 5.7 %

Shares of CCJ traded up $2.20 during trading hours on Friday, hitting $40.88. 1,915,840 shares of the company were exchanged, compared to its average volume of 4,469,659. The firm's 50 day moving average is $43.73 and its 200-day moving average is $50.05. The company has a debt-to-equity ratio of 0.20, a quick ratio of 1.26 and a current ratio of 2.88. Cameco Co. has a 52 week low of $35.00 and a 52 week high of $62.55. The company has a market cap of $17.80 billion, a PE ratio of 145.75 and a beta of 1.04.

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Cameco (NYSE:CCJ - Get Free Report) TSE: CCO last released its quarterly earnings results on Thursday, February 20th. The basic materials company reported $0.26 EPS for the quarter, meeting analysts' consensus estimates of $0.26. The company had revenue of $845.54 million for the quarter, compared to analyst estimates of $1.09 billion. Cameco had a net margin of 5.39% and a return on equity of 4.34%. On average, equities research analysts forecast that Cameco Co. will post 1.27 EPS for the current fiscal year.

Wall Street Analyst Weigh In

Several equities research analysts recently commented on CCJ shares. Desjardins began coverage on shares of Cameco in a research report on Friday, April 4th. They issued a "buy" rating for the company. Stifel Canada upgraded Cameco to a "strong-buy" rating in a research report on Wednesday, March 12th. Stifel Nicolaus began coverage on shares of Cameco in a research report on Wednesday, March 12th. They issued a "buy" rating for the company. StockNews.com cut shares of Cameco from a "hold" rating to a "sell" rating in a report on Wednesday, April 2nd. Finally, Sanford C. Bernstein initiated coverage on shares of Cameco in a research note on Tuesday, April 1st. They issued an "outperform" rating and a $52.00 price objective on the stock. One analyst has rated the stock with a sell rating, nine have given a buy rating and three have assigned a strong buy rating to the company. Based on data from MarketBeat.com, Cameco has a consensus rating of "Buy" and a consensus target price of $70.03.

Cameco Company Profile

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.