Keybank National Association OH Has $311.58 Million Holdings in Cameco Co. (NYSE:CCJ)

Keybank National Association OH cut its holdings in Cameco Co. (NYSE:CCJ - Free Report) TSE: CCO by 0.3% in the 4th quarter, according to its most recent 13F filing with the SEC. The firm owned 6,063,030 shares of the basic materials company's stock after selling 16,890 shares during the period. Cameco comprises approximately 1.2% of Keybank National Association OH's holdings, making the stock its 17th biggest position. Keybank National Association OH owned 1.39% of Cameco worth $311,579,000 as of its most recent SEC filing.

A number of other institutional investors have also modified their holdings of CCJ. CIBC Asset Management Inc grew its holdings in shares of Cameco by 58.0% during the third quarter. CIBC Asset Management Inc now owns 3,777,866 shares of the basic materials company's stock valued at $181,382,000 after purchasing an additional 1,386,639 shares during the last quarter. Bridgewater Associates LP raised its stake in shares of Cameco by 19.9% during the third quarter. Bridgewater Associates LP now owns 2,478,488 shares of the basic materials company's stock valued at $118,386,000 after purchasing an additional 410,711 shares in the last quarter. Progeny 3 Inc. lifted its holdings in Cameco by 7.5% in the third quarter. Progeny 3 Inc. now owns 2,268,132 shares of the basic materials company's stock worth $108,326,000 after purchasing an additional 159,200 shares during the period. The Manufacturers Life Insurance Company grew its position in Cameco by 9.4% in the 3rd quarter. The Manufacturers Life Insurance Company now owns 2,175,038 shares of the basic materials company's stock valued at $103,968,000 after buying an additional 187,512 shares in the last quarter. Finally, Massachusetts Financial Services Co. MA increased its stake in Cameco by 44.7% during the 3rd quarter. Massachusetts Financial Services Co. MA now owns 2,151,105 shares of the basic materials company's stock valued at $102,737,000 after buying an additional 664,828 shares during the period. Institutional investors own 70.21% of the company's stock.

Cameco Stock Down 0.3 %

Shares of NYSE CCJ traded down $0.13 during mid-day trading on Thursday, reaching $42.86. The company had a trading volume of 1,231,491 shares, compared to its average volume of 4,135,349. The stock has a fifty day moving average of $49.22 and a two-hundred day moving average of $49.95. Cameco Co. has a 12-month low of $35.43 and a 12-month high of $62.55. The company has a market capitalization of $18.66 billion, a price-to-earnings ratio of 154.18 and a beta of 0.94. 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 (NYSE:CCJ - Get Free Report) TSE: CCO last released its quarterly earnings data on Thursday, February 20th. The basic materials company reported $0.26 EPS for the quarter, hitting analysts' consensus estimates of $0.26. Cameco had a return on equity of 4.34% and a net margin of 5.39%. The firm had revenue of $845.54 million for the quarter, compared to the consensus estimate of $1.09 billion. As a group, equities research analysts expect that Cameco Co. will post 1.27 EPS for the current year.

Wall Street Analysts Forecast Growth

A number of brokerages have recently weighed in on CCJ. Royal Bank of Canada reaffirmed an "outperform" rating and issued a $90.00 price target on shares of Cameco in a research note on Tuesday. StockNews.com upgraded Cameco from a "sell" rating to a "hold" rating in a research report on Friday, February 21st. One investment analyst has rated the stock with a hold rating, six have given a buy rating and two have issued a strong buy rating to the stock. Based on data from MarketBeat.com, the company has an average rating of "Buy" and an average price target of $71.25.

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.