Burke & Herbert Bank & Trust Co. Makes New $216,000 Investment in Cameco Co. (NYSE:CCJ)

Burke & Herbert Bank & Trust Co. bought a new stake in Cameco Co. (NYSE:CCJ) (TSE:CCO) during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor bought 4,200 shares of the basic materials company’s stock, valued at approximately $216,000.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Sierra Ocean LLC acquired a new position in shares of Cameco in the fourth quarter valued at about $25,000. Pingora Partners LLC acquired a new position in Cameco in the 3rd quarter worth approximately $33,000. First Horizon Advisors Inc. raised its position in Cameco by 84.2% during the 3rd quarter. First Horizon Advisors Inc. now owns 768 shares of the basic materials company’s stock worth $37,000 after buying an additional 351 shares during the last quarter. Wilmington Savings Fund Society FSB purchased a new stake in shares of Cameco in the 3rd quarter valued at $38,000. Finally, MassMutual Private Wealth & Trust FSB increased its stake in shares of 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 acquiring an additional 267 shares during the period. Hedge funds and other institutional investors own 70.21% of the company’s stock.

Cameco Price Performance

NYSE:CCJ opened at $47.22 on Monday. Cameco Co. has a one year low of $35.43 and a one year high of $62.55. The company has a debt-to-equity ratio of 0.20, a quick ratio of 1.26 and a current ratio of 2.88. The firm has a market cap of $20.56 billion, a price-to-earnings ratio of 248.56 and a beta of 0.94. The firm’s fifty day moving average is $51.80 and its two-hundred day moving average is $49.55.

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.