Thompson Investment Management Inc. Has $245,000 Stock Position in Cameco Co. (NYSE:CCJ)

Thompson Investment Management Inc. cut its holdings in shares of Cameco Co. (NYSE:CCJ) (TSE:CCO) by 26.9% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 4,760 shares of the basic materials company’s stock after selling 1,755 shares during the quarter. Thompson Investment Management Inc.’s holdings in Cameco were worth $245,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently bought and sold shares of the business. CIBC Asset Management Inc boosted its holdings in shares of Cameco by 58.0% during the third quarter. CIBC Asset Management Inc now owns 3,777,866 shares of the basic materials company’s stock worth $181,382,000 after purchasing an additional 1,386,639 shares during the period. M&G PLC acquired a new stake in shares of Cameco during the 3rd quarter valued at $66,227,000. Segra Capital Management LLC purchased a new position in shares of Cameco during the 3rd quarter valued at $53,013,000. Fred Alger Management LLC increased its stake in shares of Cameco by 99.7% in the third quarter. Fred Alger Management LLC now owns 1,680,259 shares of the basic materials company’s stock worth $80,249,000 after acquiring an additional 839,077 shares during the last quarter. Finally, Massachusetts Financial Services Co. MA raised its holdings in shares of Cameco by 44.7% during the third quarter. Massachusetts Financial Services Co. MA now owns 2,151,105 shares of the basic materials company’s stock worth $102,737,000 after acquiring an additional 664,828 shares in the last quarter. Hedge funds and other institutional investors own 70.21% of the company’s stock.

Cameco Stock Performance

Shares of CCJ stock opened at $49.97 on Monday. Cameco Co. has a fifty-two week low of $35.43 and a fifty-two week high of $62.55. The stock’s 50-day moving average is $52.88 and its two-hundred day moving average is $49.38. The company has a debt-to-equity ratio of 0.20, a current ratio of 2.88 and a quick ratio of 1.26. The firm has a market cap of $21.75 billion, a P/E ratio of 263.02 and a beta of 0.94.

Cameco (NYSE:CCJ) (TSE:CCO) last released 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). The firm had revenue of $721.00 million during the quarter, compared to analyst estimates of $646.83 million. Cameco had a return on equity of 3.33% and a net margin of 4.15%. The company’s quarterly revenue was up 25.4% on a year-over-year basis. During the same quarter in the prior year, the company posted $0.24 EPS. Analysts predict that Cameco Co. will post 0.44 earnings per share 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.