Atria Wealth Solutions Inc. Has $225,000 Stake in Cameco Co. (NYSE:CCJ)

Atria Wealth Solutions Inc. decreased its stake in Cameco Co. (NYSE:CCJ) (TSE:CCO) by 17.8% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 4,382 shares of the basic materials company’s stock after selling 949 shares during the quarter. Atria Wealth Solutions Inc.’s holdings in Cameco were worth $225,000 at the end of the most recent quarter.

Other institutional investors have also bought and sold shares of the company. Sierra Ocean LLC acquired a new stake in Cameco in the 4th quarter valued at $25,000. Pingora Partners LLC acquired a new stake in Cameco in the 3rd quarter valued at $33,000. First Horizon Advisors Inc. boosted its stake in 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 buying an additional 351 shares in the last quarter. Wilmington Savings Fund Society FSB acquired a new stake in Cameco in the 3rd quarter valued at $38,000. Finally, MassMutual Private Wealth & Trust FSB boosted its stake in 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 buying an additional 267 shares in the last quarter. Institutional investors and hedge funds own 70.21% of the company’s stock.

Analyst Upgrades and Downgrades

Separately, StockNews.com upgraded Cameco from a “sell” rating to a “hold” rating in a research report on Friday, February 21st. One analyst has rated the stock with a hold rating, five have issued a buy rating and two have given a strong buy rating to the company’s stock. According to MarketBeat.com, the stock currently has a consensus rating of “Buy” and a consensus price target of $66.56.

Cameco Trading Up 1.3 %

Shares of CCJ opened at $44.04 on Friday. The stock has a fifty day moving average price of $49.87 and a two-hundred day moving average price of $49.91. The company has a debt-to-equity ratio of 0.20, a quick ratio of 1.26 and a current ratio of 2.88. Cameco Co. has a 52-week low of $35.43 and a 52-week high of $62.55. The company has a market cap of $19.17 billion, a price-to-earnings ratio of 157.27 and a beta of 0.94.

Cameco (NYSE:CCJ) (TSE:CCO) last issued its quarterly earnings data on Thursday, February 20th. The basic materials company reported $0.26 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.26. The firm had revenue of $845.54 million during the quarter, compared to the consensus estimate of $1.09 billion. Cameco had a return on equity of 4.34% and a net margin of 5.39%. Analysts predict that Cameco Co. will post 1.27 EPS for the current fiscal year.

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.