O Neil Global Advisors Inc. Takes $2.22 Million Position in Cameco Co. (NYSE:CCJ)

O Neil Global Advisors Inc. purchased a new position in shares of Cameco Co. (NYSE:CCJ) (TSE:CCO) during the fourth quarter, HoldingsChannel reports. The firm purchased 43,260 shares of the basic materials company’s stock, valued at approximately $2,223,000. Cameco accounts for 0.6% of O Neil Global Advisors Inc.’s portfolio, making the stock its 13th biggest position.

A number of other institutional investors have also recently made changes to their positions in CCJ. Sierra Ocean LLC bought a new position in Cameco in the fourth quarter worth approximately $25,000. Pingora Partners LLC purchased a new stake in shares of Cameco during the 3rd quarter worth approximately $33,000. First Horizon Advisors Inc. lifted its holdings in Cameco by 84.2% during 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 during the last quarter. Wilmington Savings Fund Society FSB bought a new stake in Cameco during the 3rd quarter valued at $38,000. Finally, MassMutual Private Wealth & Trust FSB lifted its holdings in Cameco by 48.6% during the 4th quarter. MassMutual Private Wealth & Trust FSB now owns 816 shares of the basic materials company’s stock worth $42,000 after purchasing an additional 267 shares in the last quarter. Institutional investors own 70.21% of the company’s stock.

Cameco Stock Down 0.5 %

CCJ stock opened at $46.34 on Friday. The company has a current ratio of 2.88, a quick ratio of 1.26 and a debt-to-equity ratio of 0.20. The company’s 50 day moving average is $51.19 and its 200 day moving average is $49.64. Cameco Co. has a 1-year low of $35.43 and a 1-year high of $62.55. The stock has a market cap of $20.17 billion, a price-to-earnings ratio of 243.89 and a beta of 0.94.

Cameco (NYSE:CCJ) (TSE:CCO) last released its quarterly earnings results on Thursday, February 20th. The basic materials company reported $0.26 EPS 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 predict that Cameco Co. will post 0.42 EPS for the current fiscal year.

About Cameco

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.