Cameco Co. (NYSE:CCJ) Shares Purchased by O Shaughnessy Asset Management LLC

O Shaughnessy Asset Management LLC lifted its position in Cameco Co. (NYSE:CCJ) (TSE:CCO) by 19.3% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 13,781 shares of the basic materials company’s stock after acquiring an additional 2,226 shares during the quarter. O Shaughnessy Asset Management LLC’s holdings in Cameco were worth $708,000 as of its most recent SEC filing.

A number of other institutional investors have also made changes to their positions in the company. Larson Financial Group LLC boosted its holdings in Cameco by 37.4% in the fourth quarter. Larson Financial Group LLC now owns 830 shares of the basic materials company’s stock worth $43,000 after purchasing an additional 226 shares during the period. Heritage Wealth Management Inc. boosted its holdings in shares of Cameco by 0.8% in the 4th quarter. Heritage Wealth Management Inc. now owns 30,875 shares of the basic materials company’s stock valued at $1,587,000 after buying an additional 250 shares during the period. MassMutual Private Wealth & Trust FSB grew 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 buying an additional 267 shares during the last quarter. EdgeRock Capital LLC raised its stake in Cameco by 2.2% during the fourth quarter. EdgeRock Capital LLC now owns 13,986 shares of the basic materials company’s stock worth $719,000 after acquiring an additional 297 shares during the period. Finally, Highview Capital Management LLC DE lifted its holdings in Cameco by 5.0% in the fourth quarter. Highview Capital Management LLC DE now owns 6,246 shares of the basic materials company’s stock worth $321,000 after acquiring an additional 300 shares during the last quarter. 70.21% of the stock is currently owned by institutional investors.

Cameco Trading Down 1.5 %

Shares of NYSE:CCJ opened at $36.62 on Wednesday. The company has a 50 day moving average of $44.30 and a 200-day moving average of $50.21. 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 market cap of $15.94 billion, a P/E ratio of 130.77 and a beta of 1.04. Cameco Co. has a twelve month low of $35.00 and a twelve month high of $62.55.

Cameco (NYSE:CCJ) (TSE:CCO) last issued its quarterly earnings results on Thursday, February 20th. The basic materials company reported $0.26 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.26. Cameco had a return on equity of 4.34% and a net margin of 5.39%. The company had revenue of $845.54 million for the quarter, compared to analysts’ expectations of $1.09 billion. As a group, analysts anticipate that Cameco Co. will post 1.27 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

CCJ has been the subject of several recent research reports. Desjardins initiated coverage on Cameco in a report on Friday, April 4th. They set a “buy” rating for the company. Stifel Canada upgraded Cameco to a “strong-buy” rating in a research note on Wednesday, March 12th. Stifel Nicolaus assumed coverage on shares of Cameco in a research report on Wednesday, March 12th. They set a “buy” rating for the company. Sanford C. Bernstein assumed coverage on shares of Cameco in a research report on Tuesday, April 1st. They issued an “outperform” rating and a $52.00 price objective on the stock. Finally, Royal Bank of Canada restated an “outperform” rating and issued a $90.00 target price on shares of Cameco in a research report on Tuesday, March 4th. One analyst has rated the stock with a sell rating, nine have given a buy rating and three have assigned a strong buy rating to the stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Buy” and a consensus target price of $70.03.

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.