GTS Securities LLC Decreases Stock Holdings in Cameco Co. (NYSE:CCJ)

GTS Securities LLC lessened its holdings in Cameco Co. (NYSE:CCJ - Free Report) TSE: CCO by 92.9% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 10,179 shares of the basic materials company's stock after selling 133,738 shares during the quarter. GTS Securities LLC's holdings in Cameco were worth $523,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds also recently made changes to their positions in the company. Larson Financial Group LLC grew its position in Cameco by 37.4% during the 4th quarter. Larson Financial Group LLC now owns 830 shares of the basic materials company's stock worth $43,000 after acquiring an additional 226 shares during the last quarter. Two Sigma Investments LP raised its stake in shares of Cameco by 0.5% in the fourth quarter. Two Sigma Investments LP now owns 50,438 shares of the basic materials company's stock worth $2,592,000 after buying an additional 238 shares during the period. Heritage Wealth Management Inc. boosted its stake in Cameco by 0.8% in the 4th quarter. Heritage Wealth Management Inc. now owns 30,875 shares of the basic materials company's stock worth $1,587,000 after purchasing an additional 250 shares during the period. EdgeRock Capital LLC raised its holdings in shares of Cameco by 2.2% during the 4th quarter. EdgeRock Capital LLC now owns 13,986 shares of the basic materials company's stock worth $719,000 after acquiring an additional 297 shares in the last quarter. Finally, Highview Capital Management LLC DE raised its holdings in Cameco by 5.0% during the 4th quarter. Highview Capital Management LLC DE now owns 6,246 shares of the basic materials company's stock valued at $321,000 after buying an additional 300 shares during the period. Institutional investors own 70.21% of the company's stock.

Cameco Stock Down 1.1%

Shares of NYSE:CCJ traded down $0.65 during mid-day trading on Friday, reaching $58.50. 5,411,440 shares of the stock were exchanged, compared to its average volume of 4,228,933. 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 stock's 50 day simple moving average is $46.27 and its 200-day simple moving average is $49.12. The company has a market cap of $25.47 billion, a P/E ratio of 208.93 and a beta of 0.89. Cameco Co. has a one year low of $35.00 and a one year high of $62.55.

Cameco (NYSE:CCJ - Get Free Report) TSE: CCO last announced its quarterly earnings data on Thursday, May 1st. The basic materials company reported $0.11 earnings per share for the quarter, missing the consensus estimate of $0.18 by ($0.07). Cameco had a net margin of 5.39% and a return on equity of 4.34%. The company had revenue of $549.58 million during the quarter, compared to analyst estimates of $890.07 million. During the same period in the prior year, the firm earned $0.13 earnings per share. Cameco's revenue was up 24.4% on a year-over-year basis. As a group, equities research analysts predict that Cameco Co. will post 1.27 EPS for the current year.

Analysts Set New Price Targets

CCJ has been the topic of a number of recent research reports. Royal Bank of Canada reaffirmed an "outperform" rating and set a $90.00 price objective on shares of Cameco in a research report on Tuesday, March 4th. Desjardins initiated coverage on Cameco in a report on Friday, April 4th. They issued a "buy" rating on the stock. Sanford C. Bernstein started coverage on Cameco in a research report on Tuesday, April 1st. They set an "outperform" rating and a $52.00 price objective for the company. The Goldman Sachs Group assumed coverage on Cameco in a research note on Tuesday, May 20th. They set a "buy" rating and a $65.00 price objective for the company. Finally, Stifel Nicolaus started coverage on Cameco in a research report on Wednesday, March 12th. They set a "buy" rating for the company. One research analyst has rated the stock with a hold rating, nine have assigned a buy rating and three have assigned a strong buy rating to the company's stock. According to data from MarketBeat.com, the stock presently has an average rating of "Buy" and an average price target of $70.53.

Cameco 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.