Burke & Herbert Bank & Trust Co. Takes $216,000 Position in Cameco Co. (NYSE:CCJ)

Burke & Herbert Bank & Trust Co. acquired a new position in Cameco Co. (NYSE:CCJ) (TSE:CCO) in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor acquired 4,200 shares of the basic materials company’s stock, valued at approximately $216,000.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the business. Sierra Ocean LLC bought a new stake in Cameco during the 4th quarter valued at $25,000. Pingora Partners LLC bought a new stake in Cameco during the third quarter valued at about $33,000. First Horizon Advisors Inc. grew 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 valued at $37,000 after purchasing an additional 351 shares during the last quarter. Wilmington Savings Fund Society FSB bought a new position in Cameco in the third quarter worth about $38,000. Finally, MassMutual Private Wealth & Trust FSB lifted its position 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 currently owned by institutional investors.

Cameco Trading Down 3.8 %

NYSE CCJ opened at $47.22 on Monday. The firm has a market cap of $20.56 billion, a PE ratio of 248.56 and a beta of 0.94. Cameco Co. has a 52 week low of $35.43 and a 52 week high of $62.55. The company has a quick ratio of 1.26, a current ratio of 2.88 and a debt-to-equity ratio of 0.20. The company has a 50 day moving average price of $51.80 and a 200 day moving average price of $49.55.

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.