Cameco Co. (NYSE:CCJ) Shares Acquired by Intact Investment Management Inc.

Intact Investment Management Inc. grew its holdings in shares of Cameco Co. (NYSE:CCJ - Free Report) TSE: CCO by 17.6% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 246,880 shares of the basic materials company's stock after purchasing an additional 37,000 shares during the quarter. Intact Investment Management Inc. owned approximately 0.06% of Cameco worth $12,692,000 at the end of the most recent quarter.

A number of other large investors have also modified their holdings of the business. Glenmede Trust Co. NA boosted its position in Cameco by 2.1% during the third quarter. Glenmede Trust Co. NA now owns 9,149 shares of the basic materials company's stock worth $437,000 after acquiring an additional 191 shares during the last quarter. Larson Financial Group LLC increased its holdings in shares of Cameco by 37.4% in the fourth quarter. Larson Financial Group LLC now owns 830 shares of the basic materials company's stock valued at $43,000 after purchasing an additional 226 shares during the last quarter. Heritage Wealth Management Inc. lifted its position in Cameco by 0.8% during the fourth quarter. Heritage Wealth Management Inc. now owns 30,875 shares of the basic materials company's stock worth $1,587,000 after buying an additional 250 shares in the last quarter. MassMutual Private Wealth & Trust FSB boosted its stake in Cameco by 48.6% during the fourth quarter. MassMutual Private Wealth & Trust FSB now owns 816 shares of the basic materials company's stock worth $42,000 after buying an additional 267 shares during the last quarter. Finally, EdgeRock Capital LLC grew its holdings in Cameco by 2.2% in the 4th quarter. EdgeRock Capital LLC now owns 13,986 shares of the basic materials company's stock valued at $719,000 after buying an additional 297 shares in the last quarter. Hedge funds and other institutional investors own 70.21% of the company's stock.

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Cameco Trading Down 0.5 %

Cameco stock traded down $0.24 during trading on Tuesday, hitting $43.09. The company had a trading volume of 2,387,227 shares, compared to its average volume of 4,088,575. The stock has a market cap of $18.76 billion, a price-to-earnings ratio of 153.90 and a beta of 1.04. 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 Co. has a 1-year low of $35.43 and a 1-year high of $62.55. The company's 50 day simple moving average is $47.57 and its 200-day simple moving average is $50.05.

Cameco (NYSE:CCJ - Get Free Report) TSE: CCO last issued its quarterly earnings data on Thursday, February 20th. The basic materials company reported $0.26 earnings per share for the quarter, meeting analysts' consensus estimates of $0.26. Cameco had a return on equity of 4.34% and a net margin of 5.39%. The business had revenue of $845.54 million during the quarter, compared to analysts' expectations of $1.09 billion. As a group, analysts expect that Cameco Co. will post 1.27 EPS for the current fiscal year.

Analysts Set New Price Targets

Several research firms have recently commented on CCJ. Royal Bank of Canada reiterated an "outperform" rating and set a $90.00 price target on shares of Cameco in a report on Tuesday, March 4th. Glj Research lifted their target price on shares of Cameco from $62.76 to $75.68 and gave the stock a "buy" rating in a research note on Wednesday, March 12th. Stifel Nicolaus began coverage on shares of Cameco in a research note on Wednesday, March 12th. They issued a "buy" rating for the company. StockNews.com lowered shares of Cameco from a "hold" rating to a "sell" rating in a research report on Tuesday, March 11th. Finally, Stifel Canada upgraded Cameco to a "strong-buy" rating in a research report on Wednesday, March 12th. One equities research analyst has rated the stock with a sell rating, seven have given a buy rating and three have assigned a strong buy rating to the company. According to data from MarketBeat, Cameco presently has an average rating of "Buy" and an average price target of $73.64.

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.