8,020 Shares in Cameco Corporation $CCJ Acquired by Williamson Legacy Group LLC

by · The Cerbat Gem

Williamson Legacy Group LLC purchased a new position in shares of Cameco Corporation (NYSE:CCJ – Free Report) (TSE:CCO) during the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor purchased 8,020 shares of the basic materials company’s stock, valued at approximately $734,000.

Other large investors have also bought and sold shares of the company. Nisa Investment Advisors LLC bought a new stake in Cameco during the 4th quarter worth approximately $25,000. Founders Capital Management bought a new stake in Cameco during the 4th quarter worth approximately $27,000. Strategic Advocates LLC bought a new stake in Cameco during the 3rd quarter worth approximately $28,000. Sunbelt Securities Inc. grew its position in Cameco by 928.6% during the 3rd quarter. Sunbelt Securities Inc. now owns 360 shares of the basic materials company’s stock worth $30,000 after acquiring an additional 325 shares during the last quarter. Finally, Delos Wealth Advisors LLC grew its position in Cameco by 60.0% during the 3rd quarter. Delos Wealth Advisors LLC now owns 400 shares of the basic materials company’s stock worth $34,000 after acquiring an additional 150 shares during the last quarter. 70.21% of the stock is currently owned by institutional investors.

Cameco Stock Up 3.5%

Shares of CCJ opened at $108.41 on Wednesday. The firm has a market capitalization of $47.22 billion, a price-to-earnings ratio of 100.38, a PEG ratio of 1.77 and a beta of 1.04. The company has a debt-to-equity ratio of 0.14, a quick ratio of 2.09 and a current ratio of 3.08. The business’s fifty day moving average price is $113.00 and its two-hundred day moving average price is $107.37. Cameco Corporation has a 52 week low of $57.63 and a 52 week high of $135.24.

Cameco (NYSE:CCJ – Get Free Report) (TSE:CCO) last announced its quarterly earnings data on Tuesday, May 5th. The basic materials company reported $0.34 EPS for the quarter, beating analysts’ consensus estimates of $0.29 by $0.05. The firm had revenue of $607.49 million for the quarter, compared to analyst estimates of $598.63 million. Cameco had a return on equity of 11.05% and a net margin of 18.38%.The business’s quarterly revenue was up 7.1% compared to the same quarter last year. During the same period last year, the company earned $0.16 EPS. On average, analysts predict that Cameco Corporation will post 1.32 earnings per share for the current year.

Wall Street Analyst Weigh In

A number of equities research analysts recently commented on the company. TD Securities lowered Cameco from a “strong-buy” rating to a “hold” rating in a research report on Thursday, March 26th. Canadian Imperial Bank of Commerce increased their price objective on Cameco to $202.00 in a research report on Monday, March 9th. Zacks Research lowered Cameco from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, February 18th. Sanford C. Bernstein reiterated an “outperform” rating and issued a $147.00 price objective on shares of Cameco in a research report on Thursday, February 5th. Finally, Glj Research reiterated a “buy” rating and issued a $171.20 price objective (up from $100.00) on shares of Cameco in a research report on Wednesday, February 18th. Eleven research analysts have rated the stock with a Buy rating and five have issued a Hold rating to the company’s stock. According to MarketBeat.com, Cameco presently has an average rating of “Moderate Buy” and an average target price of $148.62.

Get Our Latest Stock Analysis on Cameco

About Cameco

(Free Report)

Cameco Corporation (NYSE: CCJ) is a leading producer of uranium and a supplier to the global nuclear power industry. Headquartered in Saskatoon, Saskatchewan, Canada, the company is engaged in the exploration, mining, milling and sale of uranium concentrate, commonly known as yellowcake, which is used as fuel for nuclear reactors. Cameco also participates in services and activities that support the front end of the nuclear fuel cycle, including processing and marketing of uranium to utilities under long‑term and spot contracts.

The company’s operations have historically centered in Canada and the United States, where it operates and develops uranium mining and processing properties.

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