Cameco Co. (NYSE:CCJ) Shares Sold by Stanley Laman Group Ltd.

Stanley Laman Group Ltd. lessened its holdings in shares of Cameco Co. (NYSE:CCJ) (TSE:CCO) by 14.2% in the fourth quarter, according to its most recent filing with the SEC. The firm owned 234,744 shares of the basic materials company’s stock after selling 38,995 shares during the period. Cameco accounts for 1.7% of Stanley Laman Group Ltd.’s portfolio, making the stock its 4th largest position. Stanley Laman Group Ltd. owned 0.05% of Cameco worth $12,063,000 as of its most recent SEC filing.

A number of other institutional investors have also recently bought and sold shares of the business. CIBC Asset Management Inc boosted its position in shares of Cameco by 58.0% during the third quarter. CIBC Asset Management Inc now owns 3,777,866 shares of the basic materials company’s stock worth $181,382,000 after purchasing an additional 1,386,639 shares in the last quarter. Bridgewater Associates LP increased its stake in shares of Cameco by 19.9% during the 3rd quarter. Bridgewater Associates LP now owns 2,478,488 shares of the basic materials company’s stock worth $118,386,000 after purchasing an additional 410,711 shares during the last quarter. Progeny 3 Inc. grew its stake in Cameco by 7.5% in the 3rd quarter. Progeny 3 Inc. now owns 2,268,132 shares of the basic materials company’s stock valued at $108,326,000 after buying an additional 159,200 shares during the last quarter. The Manufacturers Life Insurance Company grew its stake in Cameco by 9.4% in the 3rd quarter. The Manufacturers Life Insurance Company now owns 2,175,038 shares of the basic materials company’s stock valued at $103,968,000 after buying an additional 187,512 shares during the last quarter. Finally, Massachusetts Financial Services Co. MA grew its stake in Cameco by 44.7% in the 3rd quarter. Massachusetts Financial Services Co. MA now owns 2,151,105 shares of the basic materials company’s stock valued at $102,737,000 after buying an additional 664,828 shares during the last quarter. Institutional investors and hedge funds own 70.21% of the company’s stock.

Cameco Price Performance

Shares of NYSE CCJ opened at $49.64 on Thursday. Cameco Co. has a fifty-two week low of $35.43 and a fifty-two week high of $62.55. The business has a fifty day moving average price of $52.51 and a two-hundred day moving average price of $49.47. 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 stock has a market capitalization of $21.61 billion, a PE ratio of 261.28 and a beta of 0.94.

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.