Legacy Capital Group California Inc. Trims Position in Cameco Co. (NYSE:CCJ)

Legacy Capital Group California Inc. reduced its stake in Cameco Co. (NYSE:CCJ) (TSE:CCO) by 27.7% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 10,126 shares of the basic materials company’s stock after selling 3,879 shares during the period. Legacy Capital Group California Inc.’s holdings in Cameco were worth $520,000 at the end of the most recent reporting period.

A number of other institutional investors have also modified their holdings of CCJ. Glenmede Trust Co. NA increased its holdings in Cameco by 2.1% during the 3rd quarter. Glenmede Trust Co. NA now owns 9,149 shares of the basic materials company’s stock worth $437,000 after purchasing an additional 191 shares during the period. S.A. Mason LLC increased its stake in shares of Cameco by 6.0% during the third quarter. S.A. Mason LLC now owns 3,655 shares of the basic materials company’s stock valued at $175,000 after buying an additional 206 shares during the period. MassMutual Private Wealth & Trust FSB raised its holdings 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 valued at $42,000 after acquiring an additional 267 shares in the last quarter. Highview Capital Management LLC DE lifted its stake in Cameco by 5.0% in the fourth quarter. Highview Capital Management LLC DE now owns 6,246 shares of the basic materials company’s stock worth $321,000 after acquiring an additional 300 shares during the period. Finally, EP Wealth Advisors LLC grew its holdings in Cameco by 4.8% during the 3rd quarter. EP Wealth Advisors LLC now owns 6,921 shares of the basic materials company’s stock worth $331,000 after acquiring an additional 320 shares in the last quarter. 70.21% of the stock is owned by hedge funds and other institutional investors.

Cameco Trading Down 0.5 %

NYSE CCJ opened at $46.34 on Friday. The company’s 50-day simple moving average is $51.19 and its two-hundred day simple moving average is $49.64. Cameco Co. has a one year low of $35.43 and a one year high of $62.55. The company has a market capitalization of $20.17 billion, a price-to-earnings ratio of 243.89 and a beta of 0.94. The company has a debt-to-equity ratio of 0.20, a quick ratio of 1.26 and a current ratio of 2.88.

Cameco (NYSE:CCJ) (TSE:CCO) last issued its quarterly earnings data on Thursday, February 20th. The basic materials company reported $0.26 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.26. Cameco had a net margin of 4.15% and a return on equity of 3.33%. Equities analysts forecast that Cameco Co. will post 0.42 EPS 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.