O Brien Greene & Co. Inc Has $995,000 Position in Cameco Corporation $CCJ

O Brien Greene & Co. Inc grew its stake in Cameco Corporation (NYSE:CCJ) (TSE:CCO) by 28.8% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 13,400 shares of the basic materials company’s stock after purchasing an additional 3,000 shares during the period. O Brien Greene & Co. Inc’s holdings in Cameco were worth $995,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors have also recently bought and sold shares of the company. Manchester Capital Management LLC raised its position in shares of Cameco by 100.0% during the first quarter. Manchester Capital Management LLC now owns 600 shares of the basic materials company’s stock worth $25,000 after purchasing an additional 300 shares during the period. Dagco Inc. bought a new stake in shares of Cameco in the first quarter worth $28,000. SVB Wealth LLC acquired a new stake in shares of Cameco in the first quarter valued at about $29,000. Trust Co. of Vermont raised its holdings in Cameco by 1,029.4% during the second quarter. Trust Co. of Vermont now owns 384 shares of the basic materials company’s stock worth $29,000 after acquiring an additional 350 shares in the last quarter. Finally, Hilltop National Bank acquired a new position in Cameco during the second quarter valued at approximately $30,000. Institutional investors own 70.21% of the company’s stock.

Analyst Ratings Changes

Several equities research analysts have recently commented on the company. UBS Group set a $102.00 price objective on Cameco in a report on Tuesday, September 9th. CLSA assumed coverage on shares of Cameco in a research note on Tuesday, September 9th. They issued an “outperform” rating and a $102.00 target price for the company. Weiss Ratings reissued a “hold (c+)” rating on shares of Cameco in a research report on Wednesday, October 8th. Wall Street Zen upgraded Cameco from a “hold” rating to a “buy” rating in a research note on Sunday, October 19th. Finally, TD Securities reissued a “buy” rating on shares of Cameco in a report on Tuesday, August 5th. One research analyst has rated the stock with a Strong Buy rating, fourteen have given a Buy rating and one has assigned a Hold rating to the company. According to data from MarketBeat.com, the stock has a consensus rating of “Buy” and a consensus target price of $102.61.

Cameco Trading Down 5.2%

Shares of Cameco stock opened at $90.25 on Friday. The company has a quick ratio of 2.00, a current ratio of 2.96 and a debt-to-equity ratio of 0.15. Cameco Corporation has a 12-month low of $35.00 and a 12-month high of $110.15. The company has a market capitalization of $39.30 billion, a price-to-earnings ratio of 103.74 and a beta of 0.98. The firm’s 50-day moving average price is $86.44 and its two-hundred day moving average price is $72.82.

Cameco Increases Dividend

The company also recently disclosed an annual dividend, which will be paid on Tuesday, December 16th. Investors of record on Monday, December 1st will be issued a dividend of $0.24 per share. This is a positive change from Cameco’s previous annual dividend of $0.12. The ex-dividend date of this dividend is Monday, December 1st. This represents a dividend yield of 25.0%. Cameco’s dividend payout ratio (DPR) is 13.79%.

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.