Spire Wealth Management Acquires 2,010 Shares of Cameco Co. (NYSE:CCJ)

Spire Wealth Management grew its holdings in Cameco Co. (NYSE:CCJFree Report) (TSE:CCO) by 81.7% in the 3rd quarter, according to the company in its most recent filing with the SEC. The firm owned 4,471 shares of the basic materials company’s stock after buying an additional 2,010 shares during the quarter. Spire Wealth Management’s holdings in Cameco were worth $177,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also bought and sold shares of the company. CGC Financial Services LLC purchased a new stake in Cameco in the 2nd quarter worth approximately $27,000. Allworth Financial LP lifted its stake in shares of Cameco by 1,049.2% in the 3rd quarter. Allworth Financial LP now owns 747 shares of the basic materials company’s stock valued at $30,000 after purchasing an additional 682 shares during the period. Janiczek Wealth Management LLC lifted its stake in shares of Cameco by 210.4% in the 3rd quarter. Janiczek Wealth Management LLC now owns 773 shares of the basic materials company’s stock valued at $31,000 after purchasing an additional 524 shares during the period. Tyler Stone Wealth Management purchased a new position in shares of Cameco in the 2nd quarter valued at approximately $32,000. Finally, 1832 Asset Management L.P. lifted its stake in shares of Cameco by 61.9% in the 1st quarter. 1832 Asset Management L.P. now owns 1,700 shares of the basic materials company’s stock valued at $49,000 after purchasing an additional 650 shares during the period. Hedge funds and other institutional investors own 66.57% of the company’s stock.

Cameco Stock Down 1.5 %

CCJ stock opened at $44.06 on Friday. Cameco Co. has a twelve month low of $23.69 and a twelve month high of $51.33. The company has a quick ratio of 3.31, a current ratio of 3.85 and a debt-to-equity ratio of 0.08. The firm has a market cap of $19.13 billion, a PE ratio of 73.43 and a beta of 0.96. The business has a 50 day moving average of $45.63 and a 200 day moving average of $41.08.

Analysts Set New Price Targets

CCJ has been the subject of a number of research analyst reports. StockNews.com upgraded Cameco from a “sell” rating to a “hold” rating in a research note on Wednesday, November 1st. Cantor Fitzgerald cut Cameco from a “buy” rating to a “neutral” rating in a research note on Tuesday, December 19th. Finally, TheStreet upgraded Cameco from a “c” rating to a “b-” rating in a research note on Tuesday, October 31st. Two analysts have rated the stock with a hold rating, one has issued a buy rating and one has given a strong buy rating to the stock. According to MarketBeat.com, Cameco presently has a consensus rating of “Moderate Buy” and an average target price of $65.33.

Get Our Latest Report on Cameco

About Cameco

(Free Report)

Cameco Corp. engages in the provision of uranium. It operates through the Uranium and Fuel Services segments. The Uranium segment is involved in the exploration for, mining, milling, purchase, and sale of uranium concentrate. The Fuel Services segment deals with the refining, conversion, and fabrication of uranium concentrate and the purchase and sale of conversion services.

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Institutional Ownership by Quarter for Cameco (NYSE:CCJ)

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