Van ECK Associates Corp Increases Stake in Cameco Co. (NYSE:CCJ)

Van ECK Associates Corp increased its holdings in shares of Cameco Co. (NYSE:CCJ) (TSE:CCO) by 34.6% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 2,132,615 shares of the basic materials company’s stock after buying an additional 547,793 shares during the period. Van ECK Associates Corp owned about 0.49% of Cameco worth $109,592,000 at the end of the most recent quarter.

Several other large investors have also recently added to or reduced their stakes in CCJ. Thurston Springer Miller Herd & Titak Inc. increased 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 worth $27,000 after buying an additional 238 shares during the period. Pingora Partners LLC purchased a new stake in shares of Cameco in the 3rd quarter valued at approximately $33,000. First Horizon Advisors Inc. increased its position in shares of Cameco by 84.2% in 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 during the last quarter. Wilmington Savings Fund Society FSB purchased a new stake in shares of Cameco in the 3rd quarter valued at approximately $38,000. Finally, MassMutual Private Wealth & Trust FSB increased its position in shares of Cameco by 48.6% in 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 during the last quarter. 70.21% of the stock is owned by hedge funds and other institutional investors.

Cameco Trading Down 1.1 %

Shares of NYSE:CCJ opened at $49.06 on Friday. Cameco Co. has a 52 week low of $35.43 and a 52 week high of $62.55. The company’s 50 day moving average is $52.32 and its two-hundred day moving average is $49.47. The company has a current ratio of 2.88, a quick ratio of 1.26 and a debt-to-equity ratio of 0.20. The company has a market cap of $21.36 billion, a PE ratio of 258.23 and a beta of 0.94.

About Cameco

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.