Stephens Inc. AR Reduces Stake in Cameco Co. (NYSE:CCJ)

Stephens Inc. AR decreased its holdings in shares of Cameco Co. (NYSE:CCJ - Free Report) TSE: CCO by 57.2% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 6,543 shares of the basic materials company's stock after selling 8,750 shares during the period. Stephens Inc. AR's holdings in Cameco were worth $336,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Pingora Partners LLC bought a new position in shares of Cameco during the third quarter worth $33,000. First Horizon Advisors Inc. lifted its stake in Cameco by 84.2% in the 3rd quarter. First Horizon Advisors Inc. now owns 768 shares of the basic materials company's stock worth $37,000 after purchasing an additional 351 shares in the last quarter. Wilmington Savings Fund Society FSB bought a new position in shares of Cameco during the 3rd quarter valued at about $38,000. MassMutual Private Wealth & Trust FSB grew its position in shares of Cameco by 48.6% during the fourth quarter. MassMutual Private Wealth & Trust FSB now owns 816 shares of the basic materials company's stock valued at $42,000 after purchasing an additional 267 shares in the last quarter. Finally, JFS Wealth Advisors LLC increased its holdings in shares of Cameco by 130.6% in the third quarter. JFS Wealth Advisors LLC now owns 971 shares of the basic materials company's stock worth $46,000 after purchasing an additional 550 shares during the last quarter. 70.21% of the stock is currently owned by hedge funds and other institutional investors.

Cameco Price Performance

Shares of CCJ traded down $1.39 during mid-day trading on Wednesday, hitting $46.53. 4,726,536 shares of the stock were exchanged, compared to its average volume of 4,544,240. The company has a debt-to-equity ratio of 0.20, a quick ratio of 1.26 and a current ratio of 2.88. The company has a market cap of $20.25 billion, a PE ratio of 244.89 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 firm has a 50-day moving average of $51.59 and a two-hundred day moving average of $49.59.

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.