Cameco Co. (NYSE:CCJ) Shares Acquired by Tobam

Tobam increased its holdings in shares of Cameco Co. (NYSE:CCJ) (TSE:CCO) by 9.7% during the fourth quarter, HoldingsChannel reports. The fund owned 13,674 shares of the basic materials company’s stock after buying an additional 1,207 shares during the period. Tobam’s holdings in Cameco were worth $703,000 at the end of the most recent reporting period.

Several other large investors have also recently bought and sold shares of the business. Glenmede Trust Co. NA grew its stake in shares of Cameco by 2.1% during the 3rd quarter. Glenmede Trust Co. NA now owns 9,149 shares of the basic materials company’s stock worth $437,000 after purchasing an additional 191 shares during the period. S.A. Mason LLC boosted its holdings in Cameco by 6.0% during the third quarter. S.A. Mason LLC now owns 3,655 shares of the basic materials company’s stock worth $175,000 after buying an additional 206 shares in the last quarter. EdgeRock Capital LLC grew its position in Cameco by 1.7% during the third quarter. EdgeRock Capital LLC now owns 13,689 shares of the basic materials company’s stock worth $654,000 after buying an additional 224 shares during the period. Thurston Springer Miller Herd & Titak Inc. increased its holdings in Cameco by 71.5% in the third quarter. Thurston Springer Miller Herd & Titak Inc. now owns 571 shares of the basic materials company’s stock valued at $27,000 after buying an additional 238 shares in the last quarter. Finally, MassMutual Private Wealth & Trust FSB lifted its position in shares of Cameco by 48.6% during the 4th quarter. MassMutual Private Wealth & Trust FSB now owns 816 shares of the basic materials company’s stock valued at $42,000 after acquiring an additional 267 shares during the period. Hedge funds and other institutional investors own 70.21% of the company’s stock.

Cameco Stock Performance

CCJ opened at $48.68 on Friday. The stock’s 50 day simple moving average is $53.25 and its 200 day simple moving average is $49.35. The stock has a market cap of $21.19 billion, a P/E ratio of 256.24 and a beta of 0.94. Cameco Co. has a 1-year low of $35.43 and a 1-year high of $62.55. The company has a debt-to-equity ratio of 0.20, a current ratio of 2.88 and a quick ratio of 1.26.

Cameco (NYSE:CCJ) (TSE:CCO) last announced its quarterly earnings results on Thursday, November 7th. The basic materials company reported ($0.01) earnings per share for the quarter, missing analysts’ consensus estimates of $0.39 by ($0.40). Cameco had a net margin of 4.15% and a return on equity of 3.33%. The firm had revenue of $721.00 million during the quarter, compared to analysts’ expectations of $646.83 million. During the same quarter in the prior year, the business earned $0.24 EPS. The company’s quarterly revenue was up 25.4% compared to the same quarter last year. As a group, equities analysts anticipate that Cameco Co. will post 0.47 EPS for the current fiscal year.

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.