Zurcher Kantonalbank Zurich Cantonalbank trimmed its position in Cameco Corp (NYSE:CCJ) (TSE:CCO) by 27.6% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 183,784 shares of the basic materials company’s stock after selling 70,154 shares during the quarter. Zurcher Kantonalbank Zurich Cantonalbank’s holdings in Cameco were worth $1,688,000 at the end of the most recent reporting period.

Several other hedge funds have also recently modified their holdings of the business. Colony Group LLC lifted its holdings in shares of Cameco by 4.6% in the 2nd quarter. Colony Group LLC now owns 74,515 shares of the basic materials company’s stock worth $678,000 after buying an additional 3,265 shares during the period. Commonwealth Equity Services Inc lifted its holdings in shares of Cameco by 9.6% in the 3rd quarter. Commonwealth Equity Services Inc now owns 64,302 shares of the basic materials company’s stock worth $621,000 after buying an additional 5,620 shares during the period. Advisory Services Network LLC lifted its holdings in shares of Cameco by 22.5% in the 2nd quarter. Advisory Services Network LLC now owns 39,055 shares of the basic materials company’s stock worth $355,000 after buying an additional 7,178 shares during the period. HAP Trading LLC lifted its holdings in shares of Cameco by 24.8% in the 3rd quarter. HAP Trading LLC now owns 37,438 shares of the basic materials company’s stock worth $362,000 after buying an additional 7,450 shares during the period. Finally, Stifel Financial Corp lifted its holdings in shares of Cameco by 15.5% in the 2nd quarter. Stifel Financial Corp now owns 60,526 shares of the basic materials company’s stock worth $547,000 after buying an additional 8,131 shares during the period. Institutional investors and hedge funds own 50.27% of the company’s stock.

Shares of Cameco Corp (NYSE CCJ) opened at $8.78 on Tuesday. The company has a debt-to-equity ratio of 0.30, a quick ratio of 2.16 and a current ratio of 5.40. The firm has a market capitalization of $3,480.00, a price-to-earnings ratio of -21.41, a P/E/G ratio of 7.89 and a beta of 1.21. Cameco Corp has a 12 month low of $7.68 and a 12 month high of $12.37.

Cameco (NYSE:CCJ) (TSE:CCO) last issued its quarterly earnings data on Friday, February 9th. The basic materials company reported $0.36 earnings per share for the quarter, topping analysts’ consensus estimates of $0.29 by $0.07. The firm had revenue of $809.00 million during the quarter, compared to analysts’ expectations of $780.91 million. Cameco had a positive return on equity of 1.23% and a negative net margin of 9.72%. The firm’s quarterly revenue was down 8.8% on a year-over-year basis. During the same period in the prior year, the business posted $0.23 EPS. analysts anticipate that Cameco Corp will post 0.17 earnings per share for the current fiscal year.

Several equities research analysts have weighed in on CCJ shares. Zacks Investment Research cut Cameco from a “buy” rating to a “strong sell” rating in a report on Tuesday, October 31st. Royal Bank of Canada lowered their target price on Cameco from $17.00 to $16.00 and set an “outperform” rating for the company in a report on Friday, October 20th. Finally, TheStreet cut Cameco from a “c” rating to a “d+” rating in a report on Friday, October 27th. Four investment analysts have rated the stock with a sell rating, one has assigned a hold rating and three have given a buy rating to the company. Cameco presently has an average rating of “Hold” and a consensus price target of $18.33.

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Cameco Company Profile

Cameco Corporation (Cameco) is a uranium producer. The Company is primarily engaged in the exploration for and the development, mining, refining, conversion, fabrication and trading of uranium for sale as fuel for generating electricity in nuclear power reactors in Canada and other countries. The Company operates through three segments: uranium, fuel services and NUKEM.

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Institutional Ownership by Quarter for Cameco (NYSE:CCJ)

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