MGB Wealth Management LLC Raises Stock Holdings in Cameco Co. (NYSE:CCJ)

MGB Wealth Management LLC raised its holdings in Cameco Co. (NYSE:CCJ) (TSE:CCO) by 6.4% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 9,439 shares of the basic materials company’s stock after purchasing an additional 569 shares during the quarter. MGB Wealth Management LLC’s holdings in Cameco were worth $485,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors have also recently made changes to their positions in the business. Thurston Springer Miller Herd & Titak Inc. increased its holdings in Cameco by 71.5% during the third quarter. Thurston Springer Miller Herd & Titak Inc. now owns 571 shares of the basic materials company’s stock worth $27,000 after buying an additional 238 shares during the last quarter. Pingora Partners LLC bought a new stake in shares of Cameco in the 3rd quarter worth approximately $33,000. First Horizon Advisors Inc. lifted 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 during the third quarter valued at $38,000. Finally, MassMutual Private Wealth & Trust FSB increased its position in Cameco by 48.6% in the fourth quarter. MassMutual Private Wealth & Trust FSB now owns 816 shares of the basic materials company’s stock worth $42,000 after buying an additional 267 shares during the last quarter. 70.21% of the stock is owned by hedge funds and other institutional investors.

Cameco Stock Down 0.4 %

Shares of NYSE CCJ opened at $49.64 on Thursday. The business’s fifty day moving average price is $52.51 and its 200-day moving average price is $49.47. Cameco Co. has a one year low of $35.43 and a one year high of $62.55. The stock has a market capitalization of $21.61 billion, a PE ratio of 261.28 and a beta of 0.94. The company has a debt-to-equity ratio of 0.20, a current ratio of 2.88 and a quick ratio of 1.26.

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.