Hager Investment Management Services LLC acquired a new position in Cameco Co. (NYSE:CCJ – Free Report) (TSE:CCO) during the fourth quarter, according to its most recent 13F filing with the SEC. The firm acquired 30,123 shares of the basic materials company’s stock, valued at approximately $1,548,000.
A number of other large investors also recently modified their holdings of the company. Thurston Springer Miller Herd & Titak Inc. grew its stake in Cameco by 71.5% during the 3rd quarter. Thurston Springer Miller Herd & Titak Inc. now owns 571 shares of the basic materials company’s stock valued at $27,000 after purchasing an additional 238 shares in the last quarter. Pingora Partners LLC acquired a new stake in Cameco during the 3rd quarter valued at approximately $33,000. First Horizon Advisors Inc. grew its stake in Cameco by 84.2% during the 3rd quarter. First Horizon Advisors Inc. now owns 768 shares of the basic materials company’s stock valued at $37,000 after purchasing an additional 351 shares in the last quarter. Wilmington Savings Fund Society FSB acquired a new stake in Cameco during the 3rd quarter valued at approximately $38,000. Finally, MassMutual Private Wealth & Trust FSB grew its stake in Cameco by 48.6% during the 4th quarter. MassMutual Private Wealth & Trust FSB now owns 816 shares of the basic materials company’s stock valued at $42,000 after purchasing an additional 267 shares in the last quarter. 70.21% of the stock is currently owned by hedge funds and other institutional investors.
Cameco Price Performance
Shares of NYSE CCJ opened at $50.30 on Wednesday. Cameco Co. has a fifty-two week low of $35.43 and a fifty-two week high of $62.55. The business has a 50 day moving average price of $53.56 and a two-hundred day moving average price of $49.32. 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 firm has a market cap of $21.90 billion, a PE ratio of 264.76 and a beta of 0.94.
Cameco Increases Dividend
The company also recently announced an annual dividend, which was paid on Friday, December 13th. Shareholders of record on Wednesday, November 27th were issued a dividend of $0.118 per share. This represents a yield of 0.22%. The ex-dividend date of this dividend was Wednesday, November 27th. This is an increase from Cameco’s previous annual dividend of $0.09. Cameco’s dividend payout ratio (DPR) is currently 63.16%.
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.
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