Strategic Financial Concepts LLC Makes New $2.36 Million Investment in Cameco Co. (NYSE:CCJ)

Strategic Financial Concepts LLC acquired a new stake in shares of Cameco Co. (NYSE:CCJ) (TSE:CCO) during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 45,891 shares of the basic materials company’s stock, valued at approximately $2,358,000.

A number of other large investors have also recently made changes to their positions in the stock. Thurston Springer Miller Herd & Titak Inc. raised its position in shares of Cameco by 71.5% during the 3rd quarter. Thurston Springer Miller Herd & Titak Inc. now owns 571 shares of the basic materials company’s stock worth $27,000 after purchasing an additional 238 shares during the last quarter. Pingora Partners LLC purchased a new stake in shares of Cameco in the 3rd quarter valued at approximately $33,000. First Horizon Advisors Inc. grew its stake in shares of Cameco by 84.2% in the 3rd quarter. First Horizon Advisors Inc. now owns 768 shares of the basic materials company’s stock valued at $37,000 after buying an additional 351 shares during the period. Wilmington Savings Fund Society FSB purchased a new stake in shares of Cameco in the 3rd quarter valued at approximately $38,000. Finally, MassMutual Private Wealth & Trust FSB lifted its holdings in shares of Cameco by 48.6% in the 4th quarter. MassMutual Private Wealth & Trust FSB now owns 816 shares of the basic materials company’s stock worth $42,000 after acquiring an additional 267 shares during the last quarter. 70.21% of the stock is owned by hedge funds and other institutional investors.

Cameco Stock Performance

Shares of CCJ stock opened at $50.33 on Tuesday. The firm’s 50 day moving average price is $52.88 and its 200-day moving average price is $49.40. The company has a debt-to-equity ratio of 0.20, a quick ratio of 1.26 and a current ratio of 2.88. Cameco Co. has a one year low of $35.43 and a one year high of $62.55. The firm has a market cap of $21.91 billion, a P/E ratio of 264.89 and a beta of 0.94.

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.