Seelaus Asset Management LLC Sells 1,500 Shares of Cameco Co. (NYSE:CCJ)

Seelaus Asset Management LLC decreased its position in Cameco Co. (NYSE:CCJ) (TSE:CCO) by 3.4% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 42,655 shares of the basic materials company’s stock after selling 1,500 shares during the quarter. Cameco accounts for approximately 2.0% of Seelaus Asset Management LLC’s portfolio, making the stock its 7th largest position. Seelaus Asset Management LLC’s holdings in Cameco were worth $2,211,000 at the end of the most recent reporting period.

A number of other large investors also recently added to or reduced their stakes in CCJ. Sanctuary Advisors LLC purchased a new position in Cameco in the 2nd quarter valued at approximately $349,000. Park Avenue Securities LLC increased its holdings in Cameco by 18.9% during the 3rd quarter. Park Avenue Securities LLC now owns 4,975 shares of the basic materials company’s stock worth $238,000 after purchasing an additional 790 shares during the period. Dynamic Advisor Solutions LLC raised its position in Cameco by 7.0% in the 3rd quarter. Dynamic Advisor Solutions LLC now owns 9,609 shares of the basic materials company’s stock valued at $459,000 after purchasing an additional 632 shares in the last quarter. Covea Finance grew its position in shares of Cameco by 4.2% during the third quarter. Covea Finance now owns 1,153,551 shares of the basic materials company’s stock worth $55,119,000 after buying an additional 46,500 shares in the last quarter. Finally, Ritholtz Wealth Management acquired a new stake in Cameco in the third quarter valued at approximately $304,000. 70.21% of the stock is currently owned by institutional investors and hedge funds.

Cameco Trading Up 2.6 %

NYSE CCJ opened at $49.97 on Friday. The stock has a market capitalization of $21.75 billion, a PE ratio of 263.02 and a beta of 0.94. The firm has a 50 day moving average of $52.88 and a two-hundred day moving average of $49.36. Cameco Co. has a 52 week low of $35.43 and a 52 week high of $62.55. The company has a quick ratio of 1.26, a current ratio of 2.88 and a debt-to-equity ratio of 0.20.

Cameco (NYSE:CCJ) (TSE:CCO) last announced its quarterly earnings results on Thursday, November 7th. The basic materials company reported ($0.01) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.39 by ($0.40). Cameco had a return on equity of 3.33% and a net margin of 4.15%. The business had revenue of $721.00 million for the quarter, compared to analysts’ expectations of $646.83 million. During the same period last year, the firm earned $0.24 earnings per share. The firm’s quarterly revenue was up 25.4% on a year-over-year basis. As a group, research analysts expect that Cameco Co. will post 0.44 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.