2 weeks Ago By ABMN Staff
American Century Companies Inc. cut its stake in Cameco Co. ( NYSE:CCJ – Free Report ) (TSE:CCO) by 4.
7% in the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 42,646 shares of the basic materials company’s stock after selling 2,124 shares during the quarter. American Century Companies Inc.
’s holdings in Cameco were worth $2,098,000 as of its most recent SEC filing. Several other institutional investors and hedge funds have also made changes to their positions in the business. LRI Investments LLC purchased a new position in Cameco in the first quarter valued at about $26,000.
Lindbrook Capital LLC grew its holdings in Cameco by 26.0% in the 1st quarter. Lindbrook Capital LLC now owns 1,070 shares of the basic materials company’s stock valued at $46,000 after buying an additional 221 shares in the last quarter.
Larson Financial Group LLC grew its holdings in shares of Cameco by 99.3% during the 1st quarter. Larson Financial Group LLC now owns 1,204 shares of the basic materials company’s stock worth $52,000 after purchasing an additional 600 shares during the period.
Crewe Advisors LLC acquired a new position in Cameco during the 1st quarter worth about $87,000. Finally, BNP Paribas acquired a new stake in Cameco in the 1st quarter valued at about $93,000. 70.
21% of the stock is currently owned by institutional investors. Wall Street Analyst Weigh In A number of research analysts recently issued reports on CCJ shares. Scotiabank dropped their price target on Cameco from $81.
00 to $80.00 and set an “outperform” rating on the stock in a research note on Monday, August 19th. Bank of America lifted their price objective on Cameco from $59.
00 to $60.50 and gave the company a “buy” rating in a research report on Wednesday, June 26th. National Bank Financial raised Cameco to a “strong-buy” rating in a research report on Tuesday, September 3rd.
The Goldman Sachs Group upped their target price on Cameco from $56.00 to $62.00 and gave the stock a “buy” rating in a research report on Friday, June 7th.
Finally, Glj Research reiterated a “buy” rating and issued a $63.73 price target on shares of Cameco in a research note on Wednesday, August 14th. One equities research analyst has rated the stock with a sell rating, five have assigned a buy rating and two have issued a strong buy rating to the stock.
According to data from MarketBeat, Cameco currently has an average rating of “Buy” and an average target price of $67.25. Cameco Price Performance Shares of CCJ stock opened at $47.
98 on Friday. The stock has a 50 day moving average of $41.61 and a two-hundred day moving average of $46.
66. The company has a current ratio of 3.22, a quick ratio of 1.
48 and a debt-to-equity ratio of 0.23. Cameco Co.
has a 12 month low of $35.18 and a 12 month high of $56.24.
The company has a market capitalization of $20.88 billion, a P/E ratio of 123.03 and a beta of 0.
90. Cameco ( NYSE:CCJ – Get Free Report ) (TSE:CCO) last released its quarterly earnings results on Wednesday, July 31st. The basic materials company reported $0.
14 earnings per share for the quarter, missing analysts’ consensus estimates of $0.28 by ($0.14).
The business had revenue of $598.00 million for the quarter, compared to analyst estimates of $756.00 million.
Cameco had a net margin of 9.72% and a return on equity of 5.63%.
The company’s revenue for the quarter was up 24.1% on a year-over-year basis. During the same period in the prior year, the business earned ($0.
01) earnings per share. As a group, equities analysts expect that Cameco Co. will post 0.
91 EPS for the current year. Cameco Company Profile ( Free Report ) 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. Featured Articles Want to see what other hedge funds are holding CCJ? Visit HoldingsChannel.
com to get the latest 13F filings and insider trades for Cameco Co. ( NYSE:CCJ – Free Report ) (TSE:CCO). Receive News & Ratings for Cameco Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Cameco and related companies with MarketBeat.
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