8,814 Shares in Cameco Corporation $CCJ Acquired by Integrity Alliance LLC.

Integrity Alliance LLC. purchased a new position in Cameco Corporation (NYSE:CCJ) (TSE:CCO) during the 4th quarter, HoldingsChannel reports. The institutional investor purchased 8,814 shares of the basic materials company’s stock, valued at approximately $806,000.

Several other hedge funds and other institutional investors also recently bought and sold shares of the business. Clearstead Advisors LLC increased its holdings in Cameco by 0.8% in the 4th quarter. Clearstead Advisors LLC now owns 10,158 shares of the basic materials company’s stock worth $929,000 after buying an additional 85 shares during the period. Legacy Bridge LLC increased its holdings in Cameco by 0.9% in the 4th quarter. Legacy Bridge LLC now owns 11,508 shares of the basic materials company’s stock worth $1,053,000 after buying an additional 100 shares during the period. S.A. Mason LLC increased its holdings in Cameco by 4.8% in the 4th quarter. S.A. Mason LLC now owns 2,436 shares of the basic materials company’s stock worth $223,000 after buying an additional 111 shares during the period. GAMMA Investing LLC grew its position in Cameco by 19.9% during the fourth quarter. GAMMA Investing LLC now owns 676 shares of the basic materials company’s stock valued at $62,000 after buying an additional 112 shares during the period. Finally, Midwest Trust Co grew its position in Cameco by 4.8% during the fourth quarter. Midwest Trust Co now owns 2,522 shares of the basic materials company’s stock valued at $231,000 after buying an additional 116 shares during the period. Institutional investors and hedge funds own 70.21% of the company’s stock.

Cameco Trading Up 3.2%

Shares of NYSE:CCJ opened at $110.83 on Friday. The business’s 50 day moving average price is $112.93 and its 200-day moving average price is $107.62. The company has a debt-to-equity ratio of 0.14, a current ratio of 3.08 and a quick ratio of 2.09. The firm has a market capitalization of $48.27 billion, a price-to-earnings ratio of 102.62, a price-to-earnings-growth ratio of 1.81 and a beta of 1.04. Cameco Corporation has a 1 year low of $57.63 and a 1 year high of $135.24.

Cameco (NYSE:CCJ) (TSE:CCO) last announced its quarterly earnings data on Tuesday, May 5th. The basic materials company reported $0.34 earnings per share for the quarter, beating analysts’ consensus estimates of $0.29 by $0.05. The company 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 firm’s revenue for the quarter was up 7.1% on a year-over-year basis. During the same quarter last year, the firm posted $0.16 EPS. On average, equities research analysts forecast that Cameco Corporation will post 1.32 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

CCJ has been the topic of several analyst reports. Royal Bank Of Canada raised their price target on shares of Cameco from $150.00 to $160.00 and gave the company an “outperform” rating in a research report on Tuesday, February 17th. Canadian Imperial Bank of Commerce raised their price target on shares of Cameco to $202.00 in a research report on Monday, March 9th. Sanford C. Bernstein restated an “outperform” rating and set a $147.00 price target on shares of Cameco in a research report on Thursday, February 5th. Glj Research restated a “buy” rating and set a $171.20 price target (up from $100.00) on shares of Cameco in a research report on Wednesday, February 18th. Finally, Weiss Ratings lowered shares of Cameco from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Wednesday, May 6th. Eleven equities research analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the stock. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $148.62.

Cameco Company Profile

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.