Fullerton Fund Management Co Ltd. Has $824,000 Stock Holdings in Cameco Co. (NYSE:CCJ)

Fullerton Fund Management Co Ltd. lifted its position in shares of Cameco Co. (NYSE:CCJ - Free Report) TSE: CCO by 54.9% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 16,037 shares of the basic materials company's stock after acquiring an additional 5,681 shares during the period. Fullerton Fund Management Co Ltd.'s holdings in Cameco were worth $824,000 at the end of the most recent reporting period.

A number of other large investors also recently modified their holdings of the business. Sierra Ocean LLC acquired a new stake in Cameco in the 4th quarter valued at about $25,000. Hurley Capital LLC acquired a new stake in shares of Cameco in the fourth quarter worth $27,000. Bank Julius Baer & Co. Ltd Zurich acquired a new stake in shares of Cameco during the fourth quarter worth approximately $28,000. Whipplewood Advisors LLC purchased a new stake in shares of Cameco during the fourth quarter worth $33,000. Finally, Compass Planning Associates Inc acquired a new stake in shares of Cameco during the 4th quarter valued at about $36,000. 70.21% of the stock is currently owned by institutional investors.

Cameco Stock Up 1.6%

CCJ traded up $0.80 during trading on Tuesday, reaching $51.96. The company had a trading volume of 4,566,657 shares, compared to its average volume of 4,091,787. The company has a market cap of $22.62 billion, a P/E ratio of 185.57 and a beta of 0.89. Cameco Co. has a 12 month low of $35.00 and a 12 month high of $62.55. 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 business's fifty day moving average price is $42.90 and its 200 day moving average price is $48.88.

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

Wall Street Analyst Weigh In

A number of equities analysts have recently commented on the stock. Sanford C. Bernstein assumed coverage on shares of Cameco in a research report on Tuesday, April 1st. They issued an "outperform" rating and a $52.00 price target on the stock. Glj Research upped their target price on shares of Cameco from $62.76 to $75.68 and gave the company a "buy" rating in a research note on Wednesday, March 12th. StockNews.com upgraded shares of Cameco from a "sell" rating to a "hold" rating in a research report on Tuesday. Royal Bank of Canada reaffirmed an "outperform" rating and issued a $90.00 target price on shares of Cameco in a research note on Tuesday, March 4th. Finally, Desjardins initiated coverage on shares of Cameco in a research report on Friday, April 4th. They set a "buy" rating on the stock. One investment analyst has rated the stock with a hold rating, nine have given a buy rating and three have assigned a strong buy rating to the company's stock. According to MarketBeat, the stock has an average rating of "Buy" and a consensus price target of $70.03.

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.