Westpac Banking Corp acquired a new position in Cameco Co. (NYSE:CCJ – Free Report) (TSE:CCO) during the first quarter, according to the company in its most recent disclosure with the SEC. The firm acquired 29,384 shares of the basic materials company’s stock, valued at approximately $1,040,000.
Other large investors have also modified their holdings of the company. Ahrens Investment Partners LLC acquired a new stake in shares of Cameco in the 1st quarter worth about $37,000. Lombard Odier Asset Management Europe Ltd acquired a new position in Cameco during the 4th quarter valued at about $1,523,000. K.J. Harrison & Partners Inc increased its stake in Cameco by 19.3% during the 1st quarter. K.J. Harrison & Partners Inc now owns 24,697 shares of the basic materials company’s stock valued at $646,000 after buying an additional 4,000 shares during the period. HBK Sorce Advisory LLC increased its stake in Cameco by 24.2% during the 4th quarter. HBK Sorce Advisory LLC now owns 22,038 shares of the basic materials company’s stock valued at $500,000 after buying an additional 4,289 shares during the period. Finally, Gluskin Sheff & Assoc Inc. acquired a new position in Cameco during the 4th quarter valued at about $9,611,000. Institutional investors and hedge funds own 63.86% of the company’s stock.
Cameco Stock Performance
NYSE:CCJ opened at $33.24 on Thursday. Cameco Co. has a twelve month low of $21.02 and a twelve month high of $35.24. The company has a current ratio of 7.75, a quick ratio of 6.64 and a debt-to-equity ratio of 0.17. The company has a 50-day moving average of $31.13 and a 200-day moving average of $28.27. The firm has a market cap of $14.40 billion, a price-to-earnings ratio of 114.62, a price-to-earnings-growth ratio of 0.70 and a beta of 0.99.
Wall Street Analyst Weigh In
Check Out Our Latest Analysis on CCJ
Cameco Profile
Cameco Corporation provides uranium for the generation of electricity. It operates through two segments, Uranium and Fuel Services. 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.
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