WINTON GROUP Ltd Has $6.42 Million Holdings in Cameco Corporation $CCJ

WINTON GROUP Ltd increased its holdings in shares of Cameco Corporation (NYSE:CCJ) (TSE:CCO) by 32.3% during the third quarter, Holdings Channel.com reports. The fund owned 76,600 shares of the basic materials company’s stock after purchasing an additional 18,700 shares during the quarter. WINTON GROUP Ltd’s holdings in Cameco were worth $6,424,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Vanguard Group Inc. boosted its holdings in Cameco by 1.3% in the 3rd quarter. Vanguard Group Inc. now owns 17,801,142 shares of the basic materials company’s stock valued at $1,493,978,000 after purchasing an additional 235,613 shares during the period. DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main increased its holdings in shares of Cameco by 41.4% during the second quarter. DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main now owns 7,076,815 shares of the basic materials company’s stock worth $524,988,000 after purchasing an additional 2,071,373 shares during the period. TD Asset Management Inc raised its position in shares of Cameco by 116.7% in the third quarter. TD Asset Management Inc now owns 4,622,932 shares of the basic materials company’s stock valued at $388,068,000 after buying an additional 2,489,207 shares in the last quarter. Norges Bank acquired a new stake in shares of Cameco in the second quarter valued at approximately $341,736,000. Finally, Geode Capital Management LLC boosted its stake in shares of Cameco by 20.7% in the second quarter. Geode Capital Management LLC now owns 3,372,878 shares of the basic materials company’s stock valued at $250,797,000 after buying an additional 578,393 shares during the period. Institutional investors and hedge funds own 70.21% of the company’s stock.

Cameco Stock Performance

Shares of NYSE:CCJ opened at $116.35 on Tuesday. Cameco Corporation has a 1 year low of $35.00 and a 1 year high of $135.24. The stock has a market capitalization of $50.67 billion, a price-to-earnings ratio of 119.95 and a beta of 0.98. The company has a debt-to-equity ratio of 0.14, a current ratio of 2.47 and a quick ratio of 1.68. The company’s 50 day simple moving average is $114.84 and its 200 day simple moving average is $96.83.

Cameco (NYSE:CCJ) (TSE:CCO) last released its earnings results on Friday, February 13th. The basic materials company reported $0.36 earnings per share for the quarter, topping the consensus estimate of $0.29 by $0.07. The firm had revenue of $874.57 million during the quarter, compared to analysts’ expectations of $782.13 million. Cameco had a return on equity of 9.35% and a net margin of 17.00%.The company’s quarterly revenue was up 1.5% on a year-over-year basis. During the same period in the prior year, the company earned $0.36 earnings per share. As a group, research analysts predict that Cameco Corporation will post 1.27 EPS for the current fiscal year.

Analyst Ratings Changes

A number of brokerages recently issued reports on CCJ. UBS Group assumed coverage on Cameco in a research report on Monday, November 10th. They set a “neutral” rating and a $140.00 price target on the stock. Sanford C. Bernstein reiterated an “outperform” rating and set a $147.00 target price on shares of Cameco in a research report on Thursday, February 5th. Zacks Research lowered Cameco from a “strong-buy” rating to a “hold” rating in a report on Wednesday, February 18th. Canadian Imperial Bank of Commerce raised their price target on Cameco to $202.00 in a research report on Monday. Finally, Raymond James Financial reaffirmed an “outperform” rating on shares of Cameco in a research note on Wednesday, January 14th. One investment analyst has rated the stock with a Strong Buy rating, thirteen have issued a Buy rating and two have issued a Hold rating to the stock. According to data from MarketBeat.com, Cameco currently has a consensus rating of “Moderate Buy” and an average price target of $150.40.

About Cameco

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.