Fortis Group Advisors LLC Has $336,000 Stock Position in Cameco Co. (NYSE:CCJ)

Fortis Group Advisors LLC lowered its stake in Cameco Co. (NYSE:CCJ) (TSE:CCO) by 40.8% during the fourth quarter, according to the company in its most recent filing with the SEC. The fund owned 6,543 shares of the basic materials company’s stock after selling 4,517 shares during the period. Fortis Group Advisors LLC’s holdings in Cameco were worth $336,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds have also bought and sold shares of the company. Dantai Capital Ltd grew its stake in Cameco by 44.2% in the 3rd quarter. Dantai Capital Ltd now owns 57,260 shares of the basic materials company’s stock valued at $2,735,000 after buying an additional 17,560 shares during the last quarter. Roberts Wealth Advisors LLC bought a new stake in Cameco in the 4th quarter valued at about $895,000. Whalen Wealth Management Inc. bought a new stake in Cameco in the 4th quarter valued at about $445,000. iA Global Asset Management Inc. bought a new stake in Cameco in the 3rd quarter valued at about $5,305,000. Finally, Telemark Asset Management LLC boosted its holdings in Cameco by 8.3% in the 3rd quarter. Telemark Asset Management LLC now owns 1,300,000 shares of the basic materials company’s stock valued at $62,088,000 after purchasing an additional 100,000 shares during the period. Institutional investors and hedge funds own 70.21% of the company’s stock.

Cameco Stock Performance

NYSE CCJ opened at $47.87 on Wednesday. The company has a quick ratio of 1.26, a current ratio of 2.88 and a debt-to-equity ratio of 0.20. The company has a market capitalization of $20.84 billion, a P/E ratio of 251.93 and a beta of 0.94. Cameco Co. has a 12-month low of $35.43 and a 12-month high of $62.55. The firm has a 50-day moving average price of $51.59 and a two-hundred day moving average price of $49.59.

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.