Rockefeller Capital Management L.P. grew its position in Cameco Co. (NYSE:CCJ - Free Report) TSE: CCO by 14.2% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The firm owned 119,203 shares of the basic materials company's stock after purchasing an additional 14,833 shares during the period. Rockefeller Capital Management L.P.'s holdings in Cameco were worth $6,126,000 at the end of the most recent quarter.
Several other hedge funds and other institutional investors also recently bought and sold shares of the business. Titan Global Capital Management USA LLC increased its holdings in Cameco by 18.3% in the fourth quarter. Titan Global Capital Management USA LLC now owns 61,105 shares of the basic materials company's stock valued at $3,140,000 after buying an additional 9,440 shares in the last quarter. Inlight Wealth Management LLC purchased a new stake in shares of Cameco in the 4th quarter valued at approximately $3,510,000. Legacy Financial Advisors Inc. raised its holdings in Cameco by 17.3% in the 4th quarter. Legacy Financial Advisors Inc. now owns 5,174 shares of the basic materials company's stock valued at $266,000 after buying an additional 764 shares during the period. Colonial Trust Advisors raised its position in Cameco by 9.8% in the fourth quarter. Colonial Trust Advisors now owns 57,232 shares of the basic materials company's stock valued at $2,941,000 after purchasing an additional 5,118 shares during the period. Finally, Bank of Hawaii lifted its position in shares of Cameco by 36.4% during the fourth quarter. Bank of Hawaii now owns 6,017 shares of the basic materials company's stock worth $309,000 after purchasing an additional 1,606 shares in the last quarter. Institutional investors and hedge funds own 70.21% of the company's stock.
Cameco Stock Performance
Shares of Cameco stock traded down $0.92 on Monday, hitting $40.26. The stock had a trading volume of 471,994 shares, compared to its average volume of 4,089,529. The stock has a market cap of $17.52 billion, a price-to-earnings ratio of 144.00 and a beta of 1.04. Cameco Co. has a 52-week low of $35.00 and a 52-week high of $62.55. The company's 50 day moving average price is $42.67 and its 200 day moving average price is $49.75. The company has a current ratio of 2.88, a quick ratio of 1.26 and a debt-to-equity ratio of 0.20.
Cameco (NYSE:CCJ - Get Free Report) TSE: CCO last announced its earnings results on Thursday, February 20th. The basic materials company reported $0.26 earnings per share (EPS) for the quarter, hitting analysts' consensus estimates of $0.26. Cameco had a net margin of 5.39% and a return on equity of 4.34%. The business had revenue of $845.54 million for the quarter, compared to analyst estimates of $1.09 billion. On average, research analysts anticipate that Cameco Co. will post 1.27 EPS for the current year.
Analyst Upgrades and Downgrades
Several equities research analysts have weighed in on the company. Sanford C. Bernstein assumed coverage on Cameco in a report on Tuesday, April 1st. They set an "outperform" rating and a $52.00 price target on the stock. Stifel Nicolaus initiated coverage on shares of Cameco in a research note on Wednesday, March 12th. They issued a "buy" rating for the company. Stifel Canada raised shares of Cameco to a "strong-buy" rating in a research report on Wednesday, March 12th. Royal Bank of Canada restated an "outperform" rating and issued a $90.00 price objective on shares of Cameco in a report on Tuesday, March 4th. Finally, Desjardins began coverage on shares of Cameco in a research note on Friday, April 4th. They set a "buy" rating for the company. One investment analyst has rated the stock with a hold rating, nine have given a buy rating and three have assigned a strong buy rating to the company's stock. According to MarketBeat, the stock has a consensus rating of "Buy" and an average price target of $70.03.
Read Our Latest Report on CCJ
Cameco Profile
(
Free Report)
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.
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