Cameco Corporation (USA) (CCJ) : Euclid Advisors has sold out all of its stake in Cameco Corporation (USA) during the most recent quarter, according to the disclosure filed by the company on Nov 14, 2016 with the SEC. The investment management company has sold out 85 shares of Cameco Corporation (USA) which is valued at $754.
Other Hedge Funds, Including , Cubist Systematic Strategies reduced its stake in CCJ by selling 28,287 shares or 51.1% in the most recent quarter. The Hedge Fund company now holds 27,066 shares of CCJ which is valued at $240,075. Cameco Corporation (USA) makes up approx 0.02% of Cubist Systematic Strategies’s portfolio. Trexquant Investment Lp sold out all of its stake in CCJ during the most recent quarter. The investment firm sold 69,600 shares of CCJ which is valued $622,224.Canada Pension Plan Investment Board reduced its stake in CCJ by selling 11,000 shares or 11.89% in the most recent quarter. The Hedge Fund company now holds 81,529 shares of CCJ which is valued at $672,614.Swiss National Bank reduced its stake in CCJ by selling 13,900 shares or 0.62% in the most recent quarter. The Hedge Fund company now holds 2,225,500 shares of CCJ which is valued at $18,360,375. Cameco Corporation (USA) makes up approx 0.03% of Swiss National Bank’s portfolio.Rmb Capital Management boosted its stake in CCJ in the latest quarter, The investment management firm added 199,318 additional shares and now holds a total of 281,028 shares of Cameco Corporation (USA) which is valued at $2,343,774. Cameco Corporation (USA) makes up approx 0.11% of Rmb Capital Management’s portfolio.
Cameco Corporation (USA) closed down -0.16 points or -1.73% at $9.08 with 16,24,248 shares getting traded on Monday. Post opening the session at $9.33, the shares hit an intraday low of $9.045 and an intraday high of $9.33 and the price fluctuated in this range throughout the day.Shares ended Monday session in Red.
On the company’s financial health, Cameco Corporation (USA) reported $0.30 EPS for the quarter, beating the analyst consensus estimate by $ 0.05 according to the earnings call on Nov 2, 2016. Analyst had a consensus of $0.25. The company had revenue of $670.00 million for the quarter, compared to analysts expectations of $639.16 million. The company’s revenue was up 3.2% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.20 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.