649 Shares in Cameco Co. (NYSE:CCJ) Purchased by Whipplewood Advisors LLC

Whipplewood Advisors LLC acquired a new position in Cameco Co. (NYSE:CCJ) (TSE:CCO) in the 4th quarter, Holdings Channel reports. The institutional investor acquired 649 shares of the basic materials company’s stock, valued at approximately $33,000.

Other institutional investors have also recently bought and sold shares of the company. Assenagon Asset Management S.A. boosted its stake in shares of Cameco by 22.2% in the third quarter. Assenagon Asset Management S.A. now owns 21,497 shares of the basic materials company’s stock valued at $1,027,000 after buying an additional 3,899 shares during the period. First Trust Direct Indexing L.P. acquired a new position in Cameco in the 3rd quarter valued at $287,000. JFS Wealth Advisors LLC raised its holdings in Cameco by 130.6% in the 3rd quarter. JFS Wealth Advisors LLC now owns 971 shares of the basic materials company’s stock valued at $46,000 after acquiring an additional 550 shares in the last quarter. Financial Advocates Investment Management bought a new stake in shares of Cameco during the 3rd quarter valued at $231,000. Finally, US Bancorp DE grew its holdings in shares of Cameco by 1.9% during the 3rd quarter. US Bancorp DE now owns 28,174 shares of the basic materials company’s stock worth $1,346,000 after purchasing an additional 524 shares in the last quarter. Institutional investors own 70.21% of the company’s stock.

Cameco Stock Up 1.3 %

NYSE CCJ opened at $44.04 on Friday. The business has a fifty day moving average price of $49.87 and a two-hundred day moving average price of $49.91. The stock has a market capitalization of $19.17 billion, a PE ratio of 157.27 and a beta of 0.94. Cameco Co. has a fifty-two week low of $35.43 and a fifty-two week high of $62.55. 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 (NYSE:CCJ) (TSE:CCO) last announced its quarterly earnings data on Thursday, February 20th. The basic materials company reported $0.26 earnings per share for the quarter, hitting the consensus estimate of $0.26. Cameco had a return on equity of 4.34% and a net margin of 5.39%. The business had revenue of $845.54 million during the quarter, compared to the consensus estimate of $1.09 billion. Equities analysts expect that Cameco Co. will post 1.27 earnings per share for the current fiscal year.

Analysts Set New Price Targets

Separately, StockNews.com raised Cameco from a “sell” rating to a “hold” rating in a research note on Friday, February 21st. One research analyst has rated the stock with a hold rating, five have given a buy rating and two have given a strong buy rating to the stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Buy” and an average target price of $66.56.

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.