Compass Planning Associates Inc Makes New $36,000 Investment in Cameco Co. (NYSE:CCJ)

Compass Planning Associates Inc acquired a new stake in shares of Cameco Co. (NYSE:CCJ) (TSE:CCO) during the 4th quarter, according to its most recent filing with the SEC. The institutional investor acquired 701 shares of the basic materials company’s stock, valued at approximately $36,000.

A number of other large investors also recently modified their holdings of CCJ. Sierra Ocean LLC purchased a new position in shares of Cameco during the fourth quarter worth approximately $25,000. Pingora Partners LLC purchased a new position in Cameco in the 3rd quarter worth $33,000. First Horizon Advisors Inc. lifted its stake in Cameco by 84.2% in the third 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 during the last quarter. Wilmington Savings Fund Society FSB bought a new stake in Cameco in the third quarter worth $38,000. Finally, MassMutual Private Wealth & Trust FSB grew its stake 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 buying an additional 267 shares during the last quarter. 70.21% of the stock is owned by hedge funds and other institutional investors.

Cameco Stock Down 0.5 %

CCJ opened at $46.34 on Friday. The company has a market cap of $20.17 billion, a P/E ratio of 243.89 and a beta of 0.94. Cameco Co. has a 12 month low of $35.43 and a 12 month high of $62.55. The business’s 50-day moving average price is $51.19 and its 200-day moving average price is $49.64. The company has a current ratio of 2.88, a quick ratio of 1.26 and a debt-to-equity ratio of 0.20.

Cameco (NYSE:CCJ) (TSE:CCO) last announced its quarterly earnings data on Thursday, February 20th. The basic materials company reported $0.26 earnings per share for the quarter, meeting the consensus estimate of $0.26. Cameco had a return on equity of 3.33% and a net margin of 4.15%. On average, equities analysts expect that Cameco Co. will post 0.42 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.