Cumberland Partners Ltd Sells 23,318 Shares of Cameco Co. (NYSE:CCJ)

Cumberland Partners Ltd lessened its position in Cameco Co. (NYSE:CCJ) (TSE:CCO) by 8.5% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 251,525 shares of the basic materials company’s stock after selling 23,318 shares during the period. Cumberland Partners Ltd’s holdings in Cameco were worth $12,919,000 at the end of the most recent quarter.

Several other institutional investors also recently modified their holdings of the company. Global Retirement Partners LLC increased its position in Cameco by 92.7% during the fourth quarter. Global Retirement Partners LLC now owns 1,931 shares of the basic materials company’s stock worth $99,000 after buying an additional 929 shares during the last quarter. Truist Financial Corp boosted its stake in shares of Cameco by 8.3% during the 4th quarter. Truist Financial Corp now owns 28,111 shares of the basic materials company’s stock worth $1,445,000 after acquiring an additional 2,153 shares during the period. Burke & Herbert Bank & Trust Co. acquired a new position in shares of Cameco during the 4th quarter worth approximately $216,000. Highview Capital Management LLC DE raised its stake in Cameco by 5.0% in the 4th quarter. Highview Capital Management LLC DE now owns 6,246 shares of the basic materials company’s stock valued at $321,000 after acquiring an additional 300 shares during the period. Finally, NTV Asset Management LLC lifted its holdings in Cameco by 51.9% during the 4th quarter. NTV Asset Management LLC now owns 77,269 shares of the basic materials company’s stock valued at $3,971,000 after purchasing an additional 26,414 shares during the last quarter. 70.21% of the stock is currently owned by institutional investors and hedge funds.

Cameco Trading Down 2.9 %

Shares of CCJ stock opened at $46.53 on Thursday. Cameco Co. has a 12-month low of $35.43 and a 12-month high of $62.55. The firm has a 50 day moving average price of $51.19 and a two-hundred day moving average price of $49.64. The company has a quick ratio of 1.26, a current ratio of 2.88 and a debt-to-equity ratio of 0.20. The company has a market capitalization of $20.25 billion, a PE ratio of 244.89 and a beta of 0.94.

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.