Leo Wealth LLC Acquires 338 Shares of Cameco Co. (NYSE:CCJ)

Leo Wealth LLC grew its holdings in Cameco Co. (NYSE:CCJ) (TSE:CCO) by 3.1% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 11,155 shares of the basic materials company’s stock after purchasing an additional 338 shares during the period. Leo Wealth LLC’s holdings in Cameco were worth $573,000 as of its most recent SEC filing.

Several other hedge funds have also recently modified their holdings of CCJ. Sanctuary Advisors LLC bought a new stake in Cameco in the 2nd quarter worth about $349,000. Park Avenue Securities LLC grew its stake in shares of Cameco by 18.9% in the third quarter. Park Avenue Securities LLC now owns 4,975 shares of the basic materials company’s stock worth $238,000 after acquiring an additional 790 shares during the period. Dynamic Advisor Solutions LLC raised its holdings in shares of Cameco by 7.0% during the third quarter. Dynamic Advisor Solutions LLC now owns 9,609 shares of the basic materials company’s stock valued at $459,000 after purchasing an additional 632 shares during the last quarter. Private Advisory Group LLC bought a new position in Cameco during the third quarter valued at approximately $5,889,000. Finally, Covea Finance boosted its holdings in Cameco by 4.2% in the third quarter. Covea Finance now owns 1,153,551 shares of the basic materials company’s stock worth $55,119,000 after purchasing an additional 46,500 shares during the last quarter. Hedge funds and other institutional investors own 70.21% of the company’s stock.

Cameco Price Performance

Shares of CCJ opened at $49.97 on Friday. The firm has a market cap of $21.75 billion, a PE ratio of 263.02 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 current ratio of 2.88, a quick ratio of 1.26 and a debt-to-equity ratio of 0.20. The firm has a fifty day simple moving average of $53.07 and a two-hundred day simple moving average of $49.35.

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

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.