Cameco Co. (NYSE:CCJ) Position Increased by Natixis Advisors LLC

Natixis Advisors LLC raised its position in shares of Cameco Co. (NYSE:CCJ) (TSE:CCO) by 25.3% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 113,765 shares of the basic materials company’s stock after buying an additional 22,949 shares during the quarter. Natixis Advisors LLC’s holdings in Cameco were worth $5,846,000 at the end of the most recent quarter.

A number of other hedge funds also recently bought and sold shares of the company. Intact Investment Management Inc. lifted its stake in Cameco by 17.6% during the fourth quarter. Intact Investment Management Inc. now owns 246,880 shares of the basic materials company’s stock valued at $12,692,000 after buying an additional 37,000 shares in the last quarter. Alpine Woods Capital Investors LLC purchased a new stake in Cameco during the fourth quarter valued at about $1,439,000. Wellington Shields Capital Management LLC lifted its stake in Cameco by 1,898.3% during the fourth quarter. Wellington Shields Capital Management LLC now owns 291,745 shares of the basic materials company’s stock valued at $14,993,000 after buying an additional 277,145 shares in the last quarter. Madison Investment Advisors LLC purchased a new stake in Cameco during the fourth quarter valued at about $3,131,000. Finally, Commonwealth Equity Services LLC lifted its stake in Cameco by 40.3% during the fourth quarter. Commonwealth Equity Services LLC now owns 128,898 shares of the basic materials company’s stock valued at $6,624,000 after buying an additional 37,040 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 $44.62 on Friday. The stock’s 50 day moving average price is $47.03 and its 200 day moving average price is $50.01. Cameco Co. has a 52 week low of $35.43 and a 52 week high of $62.55. The company has a market capitalization of $19.42 billion, a P/E ratio of 159.34 and a beta of 1.04. 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 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 return on equity of 4.34% and a net margin of 5.39%. The firm had revenue of $845.54 million for the quarter, compared to the consensus estimate of $1.09 billion. On average, research analysts forecast that Cameco Co. will post 1.27 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

CCJ has been the subject of a number of research analyst reports. Stifel Nicolaus initiated coverage on shares of Cameco in a research report on Wednesday, March 12th. They issued a “buy” rating for the company. Stifel Canada raised shares of Cameco to a “strong-buy” rating in a research report on Wednesday, March 12th. Glj Research increased their price target on shares of Cameco from $62.76 to $75.68 and gave the stock a “buy” rating in a research report on Wednesday, March 12th. StockNews.com raised shares of Cameco from a “sell” rating to a “hold” rating in a research report on Wednesday. Finally, Royal Bank of Canada reissued an “outperform” rating and issued a $90.00 price target on shares of Cameco in a research report on Tuesday, March 4th. One research analyst has rated the stock with a hold rating, seven have given a buy rating and three have assigned a strong buy rating to the stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Buy” and a consensus price target of $73.64.

Cameco Company 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.