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

Seelaus Asset Management LLC lowered its position in shares of Cameco Co. (NYSE:CCJ) (TSE:CCO) by 3.4% in the fourth quarter, according to the company in its most recent filing with the SEC. The firm owned 42,655 shares of the basic materials company’s stock after selling 1,500 shares during the quarter. Cameco comprises about 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.

Several other large investors have also added to or reduced their stakes in CCJ. BayBridge Capital Group LLC raised its stake in shares of Cameco by 4.5% during the 4th quarter. BayBridge Capital Group LLC now owns 11,803 shares of the basic materials company’s stock valued at $607,000 after buying an additional 511 shares during the last quarter. Shepherd Financial Partners LLC purchased a new stake in Cameco in the 4th quarter worth approximately $200,000. Triasima Portfolio Management inc. acquired a new stake in shares of Cameco during the 4th quarter worth approximately $2,474,000. Tobam increased its holdings in shares of Cameco by 9.7% during the 4th quarter. Tobam now owns 13,674 shares of the basic materials company’s stock valued at $703,000 after purchasing an additional 1,207 shares in the last quarter. Finally, Strategic Financial Concepts LLC acquired a new stake in Cameco during the fourth quarter valued at $2,358,000. Hedge funds and other institutional investors own 70.21% of the company’s stock.

Cameco Trading Up 2.6 %

CCJ stock opened at $49.97 on Friday. 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. The firm has a market cap of $21.75 billion, a P/E ratio of 263.02 and a beta of 0.94. The company’s 50-day simple moving average is $52.88 and its 200-day simple moving average is $49.36.

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

Cameco 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.