Fortis Group Advisors LLC Has $336,000 Position in Cameco Co. (NYSE:CCJ)

Fortis Group Advisors LLC cut its position in shares of Cameco Co. (NYSE:CCJ) (TSE:CCO) by 40.8% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 6,543 shares of the basic materials company’s stock after selling 4,517 shares during the period. Fortis Group Advisors LLC’s holdings in Cameco were worth $336,000 at the end of the most recent quarter.

Other institutional investors also recently modified their holdings of the company. Dantai Capital Ltd increased its stake in shares of Cameco by 44.2% during the 3rd quarter. Dantai Capital Ltd now owns 57,260 shares of the basic materials company’s stock worth $2,735,000 after purchasing an additional 17,560 shares during the last quarter. Roberts Wealth Advisors LLC acquired a new position in shares of Cameco during the 4th quarter worth about $895,000. Whalen Wealth Management Inc. acquired a new position in shares of Cameco during the 4th quarter worth about $445,000. iA Global Asset Management Inc. acquired a new position in shares of Cameco during the 3rd quarter worth about $5,305,000. Finally, Telemark Asset Management LLC increased its stake in shares of Cameco by 8.3% during the 3rd quarter. Telemark Asset Management LLC now owns 1,300,000 shares of the basic materials company’s stock worth $62,088,000 after purchasing an additional 100,000 shares during the last quarter. 70.21% of the stock is currently owned by institutional investors and hedge funds.

Cameco Stock Up 1.4 %

Cameco stock opened at $47.87 on Wednesday. The firm has a market capitalization of $20.84 billion, a PE ratio of 251.93 and a beta of 0.94. The company’s 50-day moving average is $51.59 and its 200-day moving average is $49.59. Cameco Co. has a fifty-two week low of $35.43 and a fifty-two week 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 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.