Cameco Co. (NYSE:CCJ) Shares Sold by Sumitomo Mitsui Trust Group Inc.

Sumitomo Mitsui Trust Group Inc. decreased its position in Cameco Co. (NYSE:CCJ) (TSE:CCO) by 11.7% during the 4th quarter, Holdings Channel reports. The firm owned 471,616 shares of the basic materials company’s stock after selling 62,441 shares during the quarter. Sumitomo Mitsui Trust Group Inc.’s holdings in Cameco were worth $24,236,000 at the end of the most recent reporting period.

A number of other hedge funds have also made changes to their positions in the company. Thurston Springer Miller Herd & Titak Inc. grew its stake in Cameco by 71.5% in the 3rd quarter. Thurston Springer Miller Herd & Titak Inc. now owns 571 shares of the basic materials company’s stock valued at $27,000 after acquiring an additional 238 shares during the last quarter. Pingora Partners LLC purchased a new stake in shares of Cameco in the third quarter valued at about $33,000. First Horizon Advisors Inc. grew its position in shares of Cameco by 84.2% in the third quarter. First Horizon Advisors Inc. now owns 768 shares of the basic materials company’s stock valued at $37,000 after purchasing an additional 351 shares during the last quarter. Wilmington Savings Fund Society FSB purchased a new position in shares of Cameco during the 3rd quarter worth approximately $38,000. Finally, MassMutual Private Wealth & Trust FSB raised 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 worth $42,000 after purchasing an additional 267 shares during the last quarter. Hedge funds and other institutional investors own 70.21% of the company’s stock.

Cameco Price Performance

Shares of NYSE:CCJ opened at $49.86 on Wednesday. Cameco Co. has a one year low of $35.43 and a one year high of $62.55. The stock has a market cap of $21.70 billion, a PE ratio of 262.41 and a beta of 0.94. The business’s fifty day moving average price is $52.71 and its two-hundred day moving average price is $49.44. 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 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.