Cameco Co. (NYSE:CCJ) Shares Bought by Blue Trust Inc.

Blue Trust Inc. grew its holdings in Cameco Co. (NYSE:CCJ) (TSE:CCO) by 31.9% in the fourth quarter, Holdings Channel.com reports. The institutional investor owned 2,077 shares of the basic materials company’s stock after buying an additional 502 shares during the quarter. Blue Trust Inc.’s holdings in Cameco were worth $99,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently modified their holdings of the business. Thurston Springer Miller Herd & Titak Inc. boosted its holdings in Cameco by 71.5% in the 3rd quarter. Thurston Springer Miller Herd & Titak Inc. now owns 571 shares of the basic materials company’s stock valued at $27,000 after purchasing an additional 238 shares during the last quarter. Pingora Partners LLC purchased a new stake in shares of Cameco during the 3rd quarter valued at approximately $33,000. First Horizon Advisors Inc. lifted its holdings 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 acquiring an additional 351 shares during the last quarter. Wilmington Savings Fund Society FSB purchased a new position in Cameco in the third quarter worth approximately $38,000. Finally, MassMutual Private Wealth & Trust FSB increased its stake in Cameco by 48.6% during the fourth 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 Up 2.6 %

Shares of CCJ opened at $49.97 on Friday. The company’s 50-day moving average price is $53.07 and its 200 day moving average price is $49.35. Cameco Co. has a 12-month low of $35.43 and a 12-month high of $62.55. The company has a current ratio of 2.88, a quick ratio of 1.26 and a debt-to-equity ratio of 0.20. The firm has a market cap of $21.75 billion, a P/E ratio of 263.02 and a beta of 0.94.

Cameco (NYSE:CCJ) (TSE:CCO) last released its quarterly earnings results on Thursday, November 7th. The basic materials company reported ($0.01) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.39 by ($0.40). Cameco had a net margin of 4.15% and a return on equity of 3.33%. The company had revenue of $721.00 million during the quarter, compared to analysts’ expectations of $646.83 million. During the same period last year, the firm posted $0.24 earnings per share. Cameco’s revenue was up 25.4% on a year-over-year basis. On average, sell-side analysts forecast that Cameco Co. will post 0.47 earnings per share for the current year.

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.