43,260 Shares in Cameco Co. (NYSE:CCJ) Acquired by O Neil Global Advisors Inc.

O Neil Global Advisors Inc. purchased a new stake in Cameco Co. (NYSE:CCJ) (TSE:CCO) in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund purchased 43,260 shares of the basic materials company’s stock, valued at approximately $2,223,000. Cameco comprises 0.6% of O Neil Global Advisors Inc.’s holdings, making the stock its 13th biggest holding.

Several other institutional investors have also recently bought and sold shares of CCJ. CIBC Asset Management Inc increased its position in shares of Cameco by 58.0% in the 3rd quarter. CIBC Asset Management Inc now owns 3,777,866 shares of the basic materials company’s stock valued at $181,382,000 after buying an additional 1,386,639 shares in the last quarter. M&G PLC bought a new stake in shares of Cameco in the third quarter valued at about $66,227,000. Segra Capital Management LLC bought a new stake in Cameco in the 3rd quarter valued at approximately $53,013,000. Fred Alger Management LLC raised its holdings in shares of Cameco by 99.7% in the third quarter. Fred Alger Management LLC now owns 1,680,259 shares of the basic materials company’s stock valued at $80,249,000 after purchasing an additional 839,077 shares during the last quarter. Finally, Massachusetts Financial Services Co. MA lifted its position in Cameco by 44.7% during the 3rd quarter. Massachusetts Financial Services Co. MA now owns 2,151,105 shares of the basic materials company’s stock worth $102,737,000 after buying an additional 664,828 shares in the last quarter. Institutional investors own 70.21% of the company’s stock.

Cameco Stock Performance

CCJ opened at $46.34 on Friday. 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 business’s 50-day simple moving average is $51.19 and its 200 day simple moving average is $49.64. Cameco Co. has a 52-week low of $35.43 and a 52-week high of $62.55. The firm has a market capitalization of $20.17 billion, a PE ratio of 243.89 and a beta of 0.94.

Cameco (NYSE:CCJ) (TSE:CCO) last released its quarterly earnings data on Thursday, February 20th. The basic materials company reported $0.26 EPS for the quarter, hitting analysts’ consensus estimates of $0.26. Cameco had a net margin of 4.15% and a return on equity of 3.33%. As a group, sell-side analysts expect that Cameco Co. will post 0.42 earnings per share for the current fiscal year.

About Cameco

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.