Yousif Capital Management LLC Has $517,000 Holdings in Cameco Corporation $CCJ

Yousif Capital Management LLC grew its position in shares of Cameco Corporation (NYSE:CCJ) (TSE:CCO) by 6.5% in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 6,965 shares of the basic materials company’s stock after buying an additional 425 shares during the quarter. Yousif Capital Management LLC’s holdings in Cameco were worth $517,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds have also recently added to or reduced their stakes in the company. Hager Investment Management Services LLC lifted its stake in Cameco by 0.4% in the second quarter. Hager Investment Management Services LLC now owns 30,628 shares of the basic materials company’s stock valued at $2,274,000 after acquiring an additional 127 shares during the last quarter. Signaturefd LLC raised its holdings in shares of Cameco by 2.4% during the 2nd quarter. Signaturefd LLC now owns 8,119 shares of the basic materials company’s stock valued at $603,000 after purchasing an additional 191 shares in the last quarter. Belpointe Asset Management LLC lifted its stake in shares of Cameco by 1.0% in the 2nd quarter. Belpointe Asset Management LLC now owns 21,858 shares of the basic materials company’s stock valued at $1,623,000 after purchasing an additional 206 shares during the last quarter. Country Club Bank boosted its holdings in Cameco by 0.5% in the first quarter. Country Club Bank now owns 43,553 shares of the basic materials company’s stock worth $1,822,000 after purchasing an additional 224 shares in the last quarter. Finally, Sunpointe LLC boosted its holdings in Cameco by 1.8% in the first quarter. Sunpointe LLC now owns 16,281 shares of the basic materials company’s stock worth $670,000 after purchasing an additional 288 shares in the last quarter. Institutional investors and hedge funds own 70.21% of the company’s stock.

Cameco Trading Up 3.2%

NYSE CCJ opened at $86.23 on Friday. The business has a fifty day simple moving average of $81.83 and a 200 day simple moving average of $68.59. The firm has a market capitalization of $37.54 billion, a P/E ratio of 99.11 and a beta of 0.99. Cameco Corporation has a 12 month low of $35.00 and a 12 month high of $97.79. The company has a current ratio of 2.96, a quick ratio of 2.00 and a debt-to-equity ratio of 0.15.

Cameco (NYSE:CCJ) (TSE:CCO) last posted its quarterly earnings data on Thursday, July 31st. The basic materials company reported $0.51 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.29 by $0.22. The company had revenue of $467.72 million during the quarter, compared to the consensus estimate of $819.79 million. Cameco had a net margin of 14.97% and a return on equity of 8.21%. The firm’s revenue was up 46.7% compared to the same quarter last year. During the same period in the previous year, the firm posted $0.14 EPS. Cameco has set its FY 2025 guidance at EPS. On average, analysts predict that Cameco Corporation will post 1.27 EPS for the current fiscal year.

Analysts Set New Price Targets

A number of analysts have weighed in on the company. Weiss Ratings reaffirmed a “hold (c+)” rating on shares of Cameco in a research report on Wednesday, October 8th. President Capital raised shares of Cameco from a “neutral” rating to a “buy” rating in a research report on Monday, September 22nd. TD Securities restated a “buy” rating on shares of Cameco in a research note on Tuesday, August 5th. Scotiabank reiterated an “outperform” rating on shares of Cameco in a research note on Tuesday, July 8th. Finally, National Bankshares reaffirmed an “outperform” rating on shares of Cameco in a research report on Friday, August 22nd. One analyst has rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating and one has assigned a Hold rating to the company’s stock. According to MarketBeat.com, the stock has a consensus rating of “Buy” and an average price target of $89.55.

Cameco 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.