Trexquant Investment LP Purchases 13,719 Shares of Cameco Corp (CCJ)

Share on StockTwits

Trexquant Investment LP lifted its position in Cameco Corp (NYSE:CCJ) (TSE:CCO) by 52.0% in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 40,117 shares of the basic materials company’s stock after purchasing an additional 13,719 shares during the quarter. Trexquant Investment LP’s holdings in Cameco were worth $457,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently modified their holdings of CCJ. MML Investors Services LLC bought a new stake in Cameco in the third quarter valued at $120,000. Sigma Planning Corp bought a new stake in shares of Cameco during the second quarter worth $121,000. DORCHESTER WEALTH MANAGEMENT Co bought a new stake in shares of Cameco during the third quarter worth $125,000. Natixis bought a new stake in shares of Cameco during the second quarter worth $130,000. Finally, Ayalon Holdings Ltd. bought a new stake in shares of Cameco during the third quarter worth $149,000. Institutional investors and hedge funds own 48.49% of the company’s stock.

Shares of CCJ opened at $11.88 on Thursday. The company has a current ratio of 2.14, a quick ratio of 1.57 and a debt-to-equity ratio of 0.21. Cameco Corp has a 12-month low of $8.34 and a 12-month high of $12.78. The firm has a market cap of $4.70 billion, a PE ratio of 99.00 and a beta of 1.01.

Cameco (NYSE:CCJ) (TSE:CCO) last issued its quarterly earnings results on Friday, November 2nd. The basic materials company reported $0.03 earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.09) by $0.12. Cameco had a positive return on equity of 3.99% and a negative net margin of 2.65%. The business had revenue of $488.00 million for the quarter, compared to analyst estimates of $576.92 million. During the same quarter in the prior year, the firm posted ($0.13) earnings per share. The firm’s revenue for the quarter was up .4% compared to the same quarter last year. Research analysts anticipate that Cameco Corp will post 0.2 EPS for the current fiscal year.

The business also recently announced an annual dividend, which will be paid on Friday, December 14th. Shareholders of record on Friday, November 30th will be paid a $0.0608 dividend. This represents a yield of 0.49%. The ex-dividend date of this dividend is Thursday, November 29th. Cameco’s payout ratio is 50.00%.

CCJ has been the topic of several research analyst reports. Zacks Investment Research upgraded Cameco from a “sell” rating to a “hold” rating in a report on Monday, October 1st. Royal Bank of Canada increased their target price on Cameco from $15.00 to $16.00 and gave the stock a “sector perform” rating in a report on Monday, November 5th. Bank of America upgraded Cameco from a “neutral” rating to a “buy” rating in a report on Monday, November 19th. TheStreet upgraded Cameco from a “d+” rating to a “c” rating in a report on Monday, November 5th. Finally, Raymond James upgraded Cameco from a “market perform” rating to an “outperform” rating in a report on Thursday, September 27th. Six research analysts have rated the stock with a hold rating and five have assigned a buy rating to the company. The stock currently has a consensus rating of “Hold” and an average target price of $15.00.

TRADEMARK VIOLATION WARNING: This report was published by Ticker Report and is the property of of Ticker Report. If you are accessing this report on another publication, it was stolen and republished in violation of international copyright & trademark laws. The original version of this report can be viewed at https://www.tickerreport.com/banking-finance/3995649/trexquant-investment-lp-purchases-13719-shares-of-cameco-corp-ccj.html.

Cameco Company Profile

Cameco Corporation produces and sells uranium worldwide. The company operates through three segments: Uranium, Fuel Services, and NUKEM. The Uranium segment is involved in the exploration for, mining, and milling, as well as purchase and sale of uranium concentrates. Its operating uranium properties include the Cigar Lake property located in Saskatchewan, Canada; the Inkai property situated in Kazakhstan; the Smith Ranch-Highland property located in Wyoming, the United States; and the Crow Butte property situated in Nebraska, the United States.

Recommended Story: What type of investment options does a Roth IRA provide?

Institutional Ownership by Quarter for Cameco (NYSE:CCJ)

Receive News & Ratings for Cameco Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Cameco and related companies with MarketBeat.com's FREE daily email newsletter.

Latest News

Marshall Wace North America L.P. Has $6.03 Million Holdings in Athene Holding Ltd
Marshall Wace North America L.P. Has $6.03 Million Holdings in Athene Holding Ltd
80,480 Shares in Neurocrine Biosciences, Inc.  Purchased by Marshall Wace LLP
80,480 Shares in Neurocrine Biosciences, Inc. Purchased by Marshall Wace LLP
Marshall Wace LLP Purchases Shares of 439,505 Host Hotels and Resorts Inc
Marshall Wace LLP Purchases Shares of 439,505 Host Hotels and Resorts Inc
Marshall Wace North America L.P. Has $5.61 Million Position in Halliburton
Marshall Wace North America L.P. Has $5.61 Million Position in Halliburton
Perceptive Advisors LLC Takes Position in Arvinas Inc
Perceptive Advisors LLC Takes Position in Arvinas Inc
Perceptive Advisors LLC Has $474,000 Holdings in Madrigal Pharmaceuticals Inc
Perceptive Advisors LLC Has $474,000 Holdings in Madrigal Pharmaceuticals Inc


Leave a Reply

© 2006-2018 Ticker Report