Capital Advisors Inc. OK Has $39.21 Million Holdings in Cameco Co. (NYSE:CCJ)

Capital Advisors Inc. OK raised its position in shares of Cameco Co. (NYSE:CCJ) (TSE:CCO) by 29.1% in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 820,996 shares of the basic materials company’s stock after buying an additional 185,162 shares during the period. Capital Advisors Inc. OK owned about 0.19% of Cameco worth $39,211,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also modified their holdings of the business. Stephens Inc. AR boosted its stake in Cameco by 137.6% in the third quarter. Stephens Inc. AR now owns 15,293 shares of the basic materials company’s stock worth $730,000 after purchasing an additional 8,857 shares in the last quarter. US Bancorp DE grew its stake in shares of Cameco by 1.9% during the third quarter. US Bancorp DE now owns 28,174 shares of the basic materials company’s stock valued at $1,346,000 after purchasing an additional 524 shares during the last quarter. Financial Advocates Investment Management acquired a new stake in shares of Cameco in the third quarter valued at approximately $231,000. S.A. Mason LLC raised its position in Cameco by 6.0% in the 3rd quarter. S.A. Mason LLC now owns 3,655 shares of the basic materials company’s stock worth $175,000 after purchasing an additional 206 shares during the last quarter. Finally, JFS Wealth Advisors LLC lifted its holdings in Cameco by 130.6% during the 3rd quarter. JFS Wealth Advisors LLC now owns 971 shares of the basic materials company’s stock worth $46,000 after buying an additional 550 shares in the last quarter. 70.21% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

A number of equities research analysts have recently weighed in on the company. National Bank Financial upgraded Cameco to a “strong-buy” rating in a research report on Tuesday, September 3rd. Cantor Fitzgerald upgraded shares of Cameco from a “neutral” rating to an “overweight” rating in a research report on Wednesday, July 31st. Janney Montgomery Scott raised shares of Cameco to a “strong-buy” rating in a research note on Friday, October 4th. Glj Research restated a “buy” rating and issued a $63.73 price objective on shares of Cameco in a report on Wednesday, August 14th. Finally, Scotiabank reduced their price objective on shares of Cameco from $81.00 to $80.00 and set an “outperform” rating on the stock in a research note on Monday, August 19th. One investment analyst has rated the stock with a sell rating, five have given a buy rating and two have given a strong buy rating to the stock. According to MarketBeat, the company currently has an average rating of “Buy” and a consensus price target of $66.56.

Cameco Stock Up 0.5 %

NYSE:CCJ opened at $52.50 on Friday. Cameco Co. has a 1 year low of $35.43 and a 1 year high of $58.72. The company has a current ratio of 3.22, a quick ratio of 1.48 and a debt-to-equity ratio of 0.23. The stock has a market cap of $22.85 billion, a price-to-earnings ratio of 122.09 and a beta of 0.90. The stock has a 50-day moving average price of $47.19 and a two-hundred day moving average price of $48.05.

Cameco (NYSE:CCJ) (TSE:CCO) last announced its earnings results on Wednesday, July 31st. The basic materials company reported $0.14 EPS for the quarter, missing the consensus estimate of $0.28 by ($0.14). Cameco had a return on equity of 5.63% and a net margin of 9.72%. The company had revenue of $598.00 million for the quarter, compared to analyst estimates of $756.00 million. During the same quarter last year, the business posted ($0.01) earnings per share. The business’s quarterly revenue was up 24.1% on a year-over-year basis. As a group, equities analysts expect that Cameco Co. will post 0.83 earnings per share for the current year.

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.