Tradewinds Global Investors buys $29 Million stake in Cameco Corporation (USA) (CCJ)

Cameco Corporation (USA) (CCJ) : Tradewinds Global Investors scooped up 149,891 additional shares in Cameco Corporation (USA) during the most recent quarter end , the firm said in a disclosure report filed with the SEC on May 11, 2016. The investment management firm now holds a total of 2,502,485 shares of Cameco Corporation (USA) which is valued at $29 Million.Cameco Corporation (USA) makes up approximately 1.80% of Tradewinds Global Investors’s portfolio.

Other Hedge Funds, Including , Trexquant Investment Lp boosted its stake in CCJ in the latest quarter, The investment management firm added 77,381 additional shares and now holds a total of 89,481 shares of Cameco Corporation (USA) which is valued at $1 Million. Cameco Corporation (USA) makes up approx 0.12% of Trexquant Investment Lp’s portfolio.Ngam Advisors boosted its stake in CCJ in the latest quarter, The investment management firm added 7,945 additional shares and now holds a total of 189,222 shares of Cameco Corporation (USA) which is valued at $2.2 Million. Cameco Corporation (USA) makes up approx 0.03% of Ngam Advisors’s portfolio.Td Asset Management Inc boosted its stake in CCJ in the latest quarter, The investment management firm added 304,631 additional shares and now holds a total of 3,198,133 shares of Cameco Corporation (USA) which is valued at $37.2 Million. Cameco Corporation (USA) makes up approx 0.07% of Td Asset Management Inc’s portfolio.Exane Derivatives reduced its stake in CCJ by selling 8,263 shares or 12.05% in the most recent quarter. The Hedge Fund company now holds 60,286 shares of CCJ which is valued at $700,523. Cameco Corporation (USA) makes up approx 0.12% of Exane Derivatives’s portfolio.Bluecrest Capital Management Ltd reduced its stake in CCJ by selling 18,008 shares or 51.01% in the most recent quarter. The Hedge Fund company now holds 17,296 shares of CCJ which is valued at $200,980. Cameco Corporation (USA) makes up approx 0.02% of Bluecrest Capital Management Ltd’s portfolio.

Cameco Corporation (USA) opened for trading at $11.7 and hit $11.81 on the upside on Monday, eventually ending the session at $11.59, with a gain of 0.17% or 0.02 points. The heightened volatility saw the trading volume jump to 8,72,444 shares. Company has a market cap of $4,587 M.

On the company’s financial health, Cameco Corporation (USA) reported $0.20 EPS for the quarter, missing the analyst consensus estimate by $ -0.10 based on the information available during the earnings call on Oct 30, 2015. Analyst had a consensus of $0.30. The company had revenue of $649.00 million for the quarter, compared to analysts expectations of $670.40 million. The company’s revenue was up 10.6% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.23 EPS.

Cameco Corporation (Cameco) is 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. The uranium segment involves the exploration for mining milling purchase and sale of uranium concentrate. The fuel services segment involves the refining conversion and fabrication of uranium concentrate and the purchase and sale of conversion services. The NUKEM segment acts as a market intermediary between uranium producers and nuclear-electric utilities. Cameco conducts a portion of its exploration development mining and milling activities through joint operations located around the world. Cameco’s Canadian uranium joint operation interests are McArthur River Key Lake and Cigar Lake.

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