Rockefeller Capital Management L.P. Has $6.13 Million Stock Position in Cameco Co. (NYSE:CCJ)

Rockefeller Capital Management L.P. increased its holdings in Cameco Co. (NYSE:CCJ) (TSE:CCO) by 14.2% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 119,203 shares of the basic materials company’s stock after purchasing an additional 14,833 shares during the period. Rockefeller Capital Management L.P.’s holdings in Cameco were worth $6,126,000 at the end of the most recent reporting period.

Several other hedge funds have also recently bought and sold shares of CCJ. Larson Financial Group LLC increased its holdings in shares of Cameco by 37.4% during the 4th quarter. Larson Financial Group LLC now owns 830 shares of the basic materials company’s stock valued at $43,000 after acquiring an additional 226 shares during the last quarter. Heritage Wealth Management Inc. grew its holdings in Cameco by 0.8% during the fourth quarter. Heritage Wealth Management Inc. now owns 30,875 shares of the basic materials company’s stock valued at $1,587,000 after purchasing an additional 250 shares during the last quarter. MassMutual Private Wealth & Trust FSB raised its position in shares of Cameco by 48.6% in the fourth quarter. MassMutual Private Wealth & Trust FSB now owns 816 shares of the basic materials company’s stock valued at $42,000 after purchasing an additional 267 shares during the period. EdgeRock Capital LLC lifted its stake in shares of Cameco by 2.2% in the fourth quarter. EdgeRock Capital LLC now owns 13,986 shares of the basic materials company’s stock worth $719,000 after buying an additional 297 shares during the last quarter. Finally, Highview Capital Management LLC DE boosted its holdings in shares of Cameco by 5.0% during the 4th quarter. Highview Capital Management LLC DE now owns 6,246 shares of the basic materials company’s stock worth $321,000 after buying an additional 300 shares during the period. 70.21% of the stock is owned by institutional investors and hedge funds.

Cameco Trading Down 0.4 %

Shares of Cameco stock opened at $41.12 on Friday. Cameco Co. has a 52-week low of $35.00 and a 52-week high of $62.55. The firm has a market capitalization of $17.90 billion, a PE ratio of 146.84 and a beta of 1.04. The company has a debt-to-equity ratio of 0.20, a current ratio of 2.88 and a quick ratio of 1.26. The company’s fifty day moving average price is $42.85 and its two-hundred day moving average price is $49.80.

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

Analysts Set New Price Targets

A number of research firms have weighed in on CCJ. StockNews.com raised shares of Cameco from a “sell” rating to a “hold” rating in a research report on Tuesday. Desjardins initiated coverage on Cameco in a research note on Friday, April 4th. They set a “buy” rating for the company. Glj Research lifted their price target on Cameco from $62.76 to $75.68 and gave the stock a “buy” rating in a research report on Wednesday, March 12th. Stifel Nicolaus assumed coverage on shares of Cameco in a research note on Wednesday, March 12th. They issued a “buy” rating on the stock. Finally, Royal Bank of Canada reiterated an “outperform” rating and set a $90.00 target price on shares of Cameco in a research note on Tuesday, March 4th. One analyst has rated the stock with a hold rating, nine have assigned a buy rating and three have assigned a strong buy rating to the company. According to data from MarketBeat, the company has an average rating of “Buy” and an average target price of $70.03.

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.