Marathon Capital Management held its stake in Cameco Corporation (NYSE:CCJ) (TSE:CCO) during the second quarter, according to the company in its most recent filing with the SEC. The fund owned 15,000 shares of the basic materials company’s stock at the end of the second quarter. Marathon Capital Management’s holdings in Cameco Corporation were worth $137,000 as of its most recent filing with the SEC.

Several other large investors have also made changes to their positions in the business. World Asset Management Inc grew its position in shares of Cameco Corporation by 1.3% during the 1st quarter. World Asset Management Inc now owns 24,653 shares of the basic materials company’s stock worth $273,000 after purchasing an additional 326 shares in the last quarter. Korea Investment CORP grew its position in shares of Cameco Corporation by 1.8% during the 2nd quarter. Korea Investment CORP now owns 24,935 shares of the basic materials company’s stock worth $227,000 after purchasing an additional 441 shares in the last quarter. Augustine Asset Management Inc. grew its position in shares of Cameco Corporation by 0.5% during the 2nd quarter. Augustine Asset Management Inc. now owns 103,021 shares of the basic materials company’s stock worth $937,000 after purchasing an additional 474 shares in the last quarter. Usca Ria LLC grew its position in shares of Cameco Corporation by 4.6% during the 2nd quarter. Usca Ria LLC now owns 11,668 shares of the basic materials company’s stock worth $106,000 after purchasing an additional 510 shares in the last quarter. Finally, Comerica Bank grew its position in shares of Cameco Corporation by 1.2% during the 1st quarter. Comerica Bank now owns 49,892 shares of the basic materials company’s stock worth $524,000 after purchasing an additional 592 shares in the last quarter. Hedge funds and other institutional investors own 56.57% of the company’s stock.

A number of brokerages have issued reports on CCJ. Zacks Investment Research lowered shares of Cameco Corporation from a “hold” rating to a “strong sell” rating in a research report on Tuesday, August 1st. TheStreet upgraded shares of Cameco Corporation from a “d+” rating to a “c” rating in a research report on Tuesday, August 1st. BidaskClub upgraded shares of Cameco Corporation from a “hold” rating to a “buy” rating in a research report on Tuesday, August 1st. Credit Suisse Group lowered shares of Cameco Corporation from a “neutral” rating to an “underperform” rating in a research report on Monday, July 17th. Finally, Raymond James Financial, Inc. reiterated an “outperform” rating on shares of Cameco Corporation in a research report on Tuesday, August 15th. Two equities research analysts have rated the stock with a sell rating, four have issued a hold rating and five have given a buy rating to the company’s stock. The stock has an average rating of “Hold” and a consensus target price of $13.07.

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Cameco Corporation (NYSE:CCJ) traded down 1.78% during trading on Friday, hitting $9.95. 1,032,663 shares of the stock traded hands. The company has a 50-day moving average price of $9.98 and a 200-day moving average price of $10.15. Cameco Corporation has a 12 month low of $7.41 and a 12 month high of $13.36. The stock’s market cap is $3.94 billion.

Cameco Corporation (NYSE:CCJ) (TSE:CCO) last posted its quarterly earnings results on Thursday, July 27th. The basic materials company reported ($0.08) earnings per share for the quarter, beating the Zacks’ consensus estimate of ($0.11) by $0.03. Cameco Corporation had a positive return on equity of 2.59% and a negative net margin of 0.75%. The firm had revenue of $470 million for the quarter, compared to the consensus estimate of $383.81 million. During the same period in the previous year, the business earned ($0.14) earnings per share. The company’s revenue for the quarter was up .9% compared to the same quarter last year. Equities research analysts expect that Cameco Corporation will post $0.17 EPS for the current year.

The firm also recently declared a quarterly dividend, which will be paid on Friday, October 13th. Investors of record on Friday, September 29th will be paid a $0.0799 dividend. The ex-dividend date is Thursday, September 28th. This is an increase from Cameco Corporation’s previous quarterly dividend of $0.07. This represents a $0.32 dividend on an annualized basis and a dividend yield of 3.21%. Cameco Corporation’s payout ratio is -999.67%.

Cameco Corporation Company Profile

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.

Institutional Ownership by Quarter for Cameco Corporation (NYSE:CCJ)

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