Strategic Financial Concepts LLC Makes New Investment in Cameco Co. (NYSE:CCJ)

Strategic Financial Concepts LLC acquired a new stake in shares of Cameco Co. (NYSE:CCJ) (TSE:CCO) in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 45,891 shares of the basic materials company’s stock, valued at approximately $2,358,000.

A number of other institutional investors have also recently made changes to their positions in the company. Leo Wealth LLC grew its position in shares of Cameco by 3.1% during the fourth quarter. Leo Wealth LLC now owns 11,155 shares of the basic materials company’s stock valued at $573,000 after purchasing an additional 338 shares in the last quarter. Klein Pavlis & Peasley Financial Inc. grew its position in Cameco by 0.5% in the fourth quarter. Klein Pavlis & Peasley Financial Inc. now owns 114,070 shares of the basic materials company’s stock worth $5,862,000 after acquiring an additional 587 shares in the last quarter. Financial Advocates Investment Management grew its position in Cameco by 77.0% in the fourth quarter. Financial Advocates Investment Management now owns 8,554 shares of the basic materials company’s stock worth $440,000 after acquiring an additional 3,720 shares in the last quarter. Bleakley Financial Group LLC grew its position in Cameco by 9.7% in the fourth quarter. Bleakley Financial Group LLC now owns 12,778 shares of the basic materials company’s stock worth $657,000 after acquiring an additional 1,134 shares in the last quarter. Finally, Kercheville Advisors LLC lifted its stake in Cameco by 3.4% in the fourth quarter. Kercheville Advisors LLC now owns 18,909 shares of the basic materials company’s stock worth $972,000 after purchasing an additional 625 shares during the last quarter. Hedge funds and other institutional investors own 70.21% of the company’s stock.

Cameco Stock Up 0.8 %

Shares of NYSE CCJ opened at $50.33 on Tuesday. The company has a debt-to-equity ratio of 0.20, a current ratio of 2.88 and a quick ratio of 1.26. The company has a market cap of $21.91 billion, a P/E ratio of 264.89 and a beta of 0.94. Cameco Co. has a 1 year low of $35.43 and a 1 year high of $62.55. The firm has a 50-day simple moving average of $52.88 and a two-hundred day simple moving average of $49.40.

Cameco Company Profile

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.