Robertson Opportunity Capital LLC lessened its holdings in shares of Cameco Corp (NYSE:CCJ) (TSE:CCO) by 34.5% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 157,776 shares of the basic materials company’s stock after selling 83,224 shares during the period. Cameco accounts for approximately 0.9% of Robertson Opportunity Capital LLC’s investment portfolio, making the stock its 28th biggest position. Robertson Opportunity Capital LLC’s holdings in Cameco were worth $1,456,000 as of its most recent SEC filing.
Other hedge funds and other institutional investors have also made changes to their positions in the company. Pinebridge Investments L.P. purchased a new stake in Cameco during the 3rd quarter valued at about $114,000. Quantbot Technologies LP purchased a new stake in Cameco during the 3rd quarter valued at about $109,000. Timber Hill LLC purchased a new stake in Cameco during the 4th quarter valued at about $117,000. Rathbone Brothers plc purchased a new stake in Cameco during the 4th quarter valued at about $122,000. Finally, Candriam Luxembourg S.C.A. acquired a new position in Cameco in the 4th quarter valued at about $132,000. 51.09% of the stock is owned by institutional investors.
Cameco Corp (NYSE CCJ) opened at $9.21 on Wednesday. The company has a quick ratio of 2.89, a current ratio of 5.20 and a debt-to-equity ratio of 0.31. The firm has a market cap of $3,650.00, a PE ratio of -23.03, a price-to-earnings-growth ratio of 0.51 and a beta of 1.18. Cameco Corp has a fifty-two week low of $7.68 and a fifty-two week high of $11.91.
Several equities analysts have weighed in on the stock. ValuEngine upgraded shares of Cameco from a “sell” rating to a “hold” rating in a report on Wednesday, March 7th. Zacks Investment Research upgraded shares of Cameco from a “strong sell” rating to a “hold” rating in a report on Tuesday, February 13th. Three investment analysts have rated the stock with a sell rating, three have issued a hold rating and two have given a buy rating to the company’s stock. The company presently has an average rating of “Hold” and a consensus price target of $18.33.
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Cameco Corporation (Cameco) is a uranium producer. The Company is primarily engaged in the exploration for and the development, mining, refining, conversion, fabrication and trading of uranium for sale as fuel for generating electricity in nuclear power reactors in Canada and other countries. The Company operates through three segments: uranium, fuel services and NUKEM.
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