35,169 Shares in Cameco Co. (NYSE:CCJ) Acquired by Moody Lynn & Lieberson LLC

Moody Lynn & Lieberson LLC bought a new stake in shares of Cameco Co. (NYSE:CCJ) (TSE:CCO) in the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund bought 35,169 shares of the basic materials company’s stock, valued at approximately $1,680,000.

Other hedge funds and other institutional investors have also bought and sold shares of the company. LRI Investments LLC purchased a new stake in Cameco during the first quarter valued at about $26,000. Thurston Springer Miller Herd & Titak Inc. raised its holdings in shares of Cameco by 71.5% during the 3rd quarter. Thurston Springer Miller Herd & Titak Inc. now owns 571 shares of the basic materials company’s stock valued at $27,000 after buying an additional 238 shares in the last quarter. Larson Financial Group LLC lifted its position in Cameco by 99.3% in the 1st quarter. Larson Financial Group LLC now owns 1,204 shares of the basic materials company’s stock worth $52,000 after buying an additional 600 shares during the last quarter. Blue Trust Inc. grew its position in Cameco by 68.8% during the third quarter. Blue Trust Inc. now owns 1,575 shares of the basic materials company’s stock valued at $77,000 after acquiring an additional 642 shares during the last quarter. Finally, Crewe Advisors LLC purchased a new position in shares of Cameco during the first quarter worth approximately $87,000. Hedge funds and other institutional investors own 70.21% of the company’s stock.

Cameco Stock Down 0.4 %

NYSE CCJ opened at $53.87 on Friday. The business’s 50-day moving average is $45.69 and its 200 day moving average is $47.85. The stock has a market capitalization of $23.44 billion, a PE ratio of 138.13 and a beta of 0.90. The company has a debt-to-equity ratio of 0.23, a current ratio of 3.22 and a quick ratio of 1.48. Cameco Co. has a 1 year low of $35.43 and a 1 year high of $58.72.

Cameco (NYSE:CCJ) (TSE:CCO) last announced its earnings results on Wednesday, July 31st. The basic materials company reported $0.14 EPS for the quarter, missing analysts’ consensus estimates of $0.28 by ($0.14). The business had revenue of $598.00 million for the quarter, compared to the consensus estimate of $756.00 million. Cameco had a net margin of 9.72% and a return on equity of 5.63%. Cameco’s revenue was up 24.1% compared to the same quarter last year. During the same quarter in the prior year, the company earned ($0.01) EPS. Sell-side analysts forecast that Cameco Co. will post 0.83 earnings per share for the current year.

Analyst Ratings Changes

A number of equities research analysts have recently issued reports on the stock. Cantor Fitzgerald raised shares of Cameco from a “neutral” rating to an “overweight” rating in a research note on Wednesday, July 31st. Janney Montgomery Scott upgraded shares of Cameco to a “strong-buy” rating in a research report on Friday, October 4th. National Bank Financial upgraded Cameco to a “strong-buy” rating in a report on Tuesday, September 3rd. Glj Research restated a “buy” rating and set a $63.73 target price on shares of Cameco in a report on Wednesday, August 14th. Finally, Scotiabank reduced their price target on Cameco from $81.00 to $80.00 and set an “outperform” rating on the stock in a research report on Monday, August 19th. One equities research analyst has rated the stock with a sell rating, five have assigned a buy rating and two have issued a strong buy rating to the company. According to data from MarketBeat, the stock currently has a consensus rating of “Buy” and a consensus price target of $66.56.

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.