VisionPoint Advisory Group LLC Sells 735 Shares of Cameco Co. (NYSE:CCJ)

VisionPoint Advisory Group LLC lowered its position in Cameco Co. (NYSE:CCJ) (TSE:CCO) by 3.0% during the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 23,520 shares of the basic materials company’s stock after selling 735 shares during the period. VisionPoint Advisory Group LLC’s holdings in Cameco were worth $1,227,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also added to or reduced their stakes in CCJ. Sierra Ocean LLC bought a new position in Cameco in the fourth quarter worth approximately $25,000. Pingora Partners LLC bought a new position in Cameco in the third quarter worth approximately $33,000. Compass Planning Associates Inc bought a new position in shares of Cameco in the fourth quarter valued at approximately $36,000. First Horizon Advisors Inc. lifted its holdings in shares of Cameco by 84.2% in the third quarter. First Horizon Advisors Inc. now owns 768 shares of the basic materials company’s stock valued at $37,000 after purchasing an additional 351 shares in the last quarter. Finally, Wilmington Savings Fund Society FSB bought a new position in shares of Cameco in the third quarter valued at approximately $38,000. Institutional investors own 70.21% of the company’s stock.

Cameco Stock Down 0.5 %

CCJ stock opened at $46.34 on Friday. Cameco Co. has a twelve month low of $35.43 and a twelve month 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 stock’s 50 day moving average is $51.19 and its 200-day moving average is $49.64. The firm has a market capitalization of $20.17 billion, a PE ratio of 243.89 and a beta of 0.94.

Cameco (NYSE:CCJ) (TSE:CCO) last posted its earnings results on Thursday, February 20th. The basic materials company reported $0.26 earnings per share for the quarter, meeting analysts’ consensus estimates of $0.26. Cameco had a return on equity of 3.33% and a net margin of 4.15%. Sell-side analysts expect that Cameco Co. will post 0.42 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.