Cumberland Partners Ltd decreased its position in shares of Cameco Co. (NYSE:CCJ - Free Report) TSE: CCO by 8.5% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 251,525 shares of the basic materials company's stock after selling 23,318 shares during the period. Cumberland Partners Ltd owned approximately 0.06% of Cameco worth $12,919,000 at the end of the most recent quarter.
Other hedge funds and other institutional investors also recently modified their holdings of the company. Dantai Capital Ltd raised its stake in Cameco by 44.2% in the 3rd quarter. Dantai Capital Ltd now owns 57,260 shares of the basic materials company's stock worth $2,735,000 after purchasing an additional 17,560 shares in the last quarter. Roberts Wealth Advisors LLC acquired a new stake in shares of Cameco in the fourth quarter valued at approximately $895,000. Whalen Wealth Management Inc. bought a new stake in shares of Cameco in the fourth quarter valued at approximately $445,000. iA Global Asset Management Inc. acquired a new stake in Cameco during the third quarter worth approximately $5,305,000. Finally, Telemark Asset Management LLC increased its stake in Cameco by 8.3% during the 3rd quarter. Telemark Asset Management LLC now owns 1,300,000 shares of the basic materials company's stock worth $62,088,000 after acquiring an additional 100,000 shares during the period. Institutional investors and hedge funds own 70.21% of the company's stock.
Cameco Price Performance
Shares of NYSE:CCJ traded down $3.04 during trading on Friday, reaching $43.50. 5,720,808 shares of the company traded hands, compared to its average volume of 4,629,656. The firm has a market capitalization of $18.93 billion, a PE ratio of 229.44 and a beta of 0.94. Cameco Co. has a 52 week low of $35.43 and a 52 week high of $62.55. 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 company's 50 day moving average is $51.00 and its two-hundred day moving average is $49.62.
Cameco (NYSE:CCJ - Get Free Report) TSE: CCO last posted its quarterly earnings data on Thursday, February 20th. The basic materials company reported $0.26 earnings per share for the quarter, hitting the consensus estimate of $0.26. Cameco had a net margin of 4.15% and a return on equity of 3.33%. The business had revenue of $845.54 million during the quarter, compared to analysts' expectations of $1.09 billion. As a group, sell-side analysts predict that Cameco Co. will post 0.42 earnings per share for the current year.
About Cameco
(
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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