Country Club Bank Has $2.22 Million Holdings in Cameco Co. (NYSE:CCJ)

Country Club Bank cut its holdings in Cameco Co. (NYSE:CCJ) (TSE:CCO) by 0.7% during the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 43,329 shares of the basic materials company’s stock after selling 285 shares during the quarter. Country Club Bank’s holdings in Cameco were worth $2,224,000 at the end of the most recent reporting period.

Several other large investors have also bought and sold shares of CCJ. Dantai Capital Ltd boosted its stake in shares of Cameco by 44.2% during the third quarter. Dantai Capital Ltd now owns 57,260 shares of the basic materials company’s stock valued at $2,735,000 after purchasing an additional 17,560 shares in the last quarter. Roberts Wealth Advisors LLC acquired a new stake in shares of Cameco during the fourth quarter valued at about $895,000. Whalen Wealth Management Inc. acquired a new stake in shares of Cameco during the fourth quarter valued at about $445,000. iA Global Asset Management Inc. acquired a new stake in shares of Cameco during the third quarter valued at about $5,305,000. Finally, Telemark Asset Management LLC boosted its stake in shares of Cameco by 8.3% during the third quarter. Telemark Asset Management LLC now owns 1,300,000 shares of the basic materials company’s stock valued at $62,088,000 after purchasing an additional 100,000 shares in the last quarter. 70.21% of the stock is owned by institutional investors and hedge funds.

Cameco Stock Performance

Shares of CCJ stock opened at $50.30 on Wednesday. The business’s 50-day moving average price is $53.56 and its 200-day moving average price is $49.32. Cameco Co. has a 12 month low of $35.43 and a 12 month high of $62.55. The firm has a market capitalization of $21.90 billion, a price-to-earnings ratio of 264.76 and a beta of 0.94. The company has a current ratio of 2.88, a quick ratio of 1.26 and a debt-to-equity ratio of 0.20.

Cameco (NYSE:CCJ) (TSE:CCO) last announced its quarterly earnings results 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 firm had revenue of $721.00 million for the quarter, compared to analyst estimates of $646.83 million. During the same period in the previous year, the business posted $0.24 earnings per share. The business’s revenue for the quarter was up 25.4% compared to the same quarter last year. Equities research analysts forecast that Cameco Co. will post 0.47 EPS for the current year.

Cameco Increases Dividend

The business also recently disclosed an annual dividend, which was paid on Friday, December 13th. Stockholders of record on Wednesday, November 27th were given a dividend of $0.118 per share. This represents a dividend yield of 0.22%. This is an increase from Cameco’s previous annual dividend of $0.09. The ex-dividend date of this dividend was Wednesday, November 27th. Cameco’s dividend payout ratio (DPR) is 63.16%.

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.