Cameco Corp Ownership
| CCJ Stock | USD 48.41 0.01 0.02% |
Shares in Circulation | First Issued 1993-03-31 | Previous Quarter 434.2 M | Current Value 434.2 M | Avarage Shares Outstanding 372.6 M | Quarterly Volatility 34.7 M |
Please note, institutional investors have a lot of resources and new technology at their disposal. They can put in a lot of research and financial analysis when reviewing investment options. There are many different types of institutional investors, including banks, hedge funds, insurance companies, and pension plans. One of the main advantages they have over retail investors is the fees paid for trades. As they are buying in large quantities, they can manage their cost more effectively.
Cameco |
Cameco Stock Ownership Analysis
About 73.0% of the company shares are held by institutions such as insurance companies. The book value of Cameco Corp was currently reported as 14.08. The company has Price/Earnings (P/E) ratio of 116.1. Cameco Corp last dividend was issued on the 29th of November 2023. The entity had 2:1 split on the 23rd of February 2006. It operates through two segments, Uranium and Fuel Services. Cameco Corporation was incorporated in 1987 and is headquartered in Saskatoon, Canada. Cameco Corp is traded on New York Stock Exchange in the United States. For more info on Cameco Corp please contact Timothy Gitzel at 306-956-6200 or go to https://www.cameco.com.Besides selling stocks to institutional investors, Cameco Corp also allocates a substantial amount of its earnings to a pull of share-based compensation to be paid out to its employees, managers, executives, and members of the board of directors. Share-Based compensation (also sometimes called Stock-Based Compensation) is a way of paying different Cameco Corp's stakeholders with equity in the business. It is typically used as a motivation factor for employees to contribute beyond their regular compensation (salary and bonus). It is also used as a tool to align Cameco Corp's strategic interests with those of the company's shareholders. Shares issued to employees are usually subject to a vesting period before they are earned and sold.
Cameco Corp Quarterly Liabilities And Stockholders Equity |
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Less than 1% of Cameco Corp are currently held by insiders. Unlike Cameco Corp's institutional investors, corporate insiders most likely have a limit on the maximum percentage of share ownership. This is done to align insiders' influence against Cameco Corp's private investors even though both sides will benefit from rising prices or experience loss when the share price declines. The good rule to have in mind is that the maximum share ownership percentage of the corporate insiders should not surpass 25%. View all of Cameco Corp's insider trades
Cameco Stock Institutional Investors
Have you ever been surprised when a price of an equity instrument such as Cameco Corp is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Cameco Corp backward and forwards among themselves. Cameco Corp's institutional investor refers to the entity that pools money to purchase Cameco Corp's securities or originate loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
| Shares | Alps Advisors Inc | 2023-12-31 | 5.6 M | Bank Of Montreal | 2023-12-31 | 5.5 M | Bmo Capital Markets Corp. | 2023-12-31 | 5.5 M | Fidelity International Ltd | 2023-12-31 | 5.3 M | Bank Of America Corp | 2023-12-31 | 4.9 M | Jpmorgan Chase & Co | 2023-12-31 | 4.3 M | William Blair Investment Management, Llc | 2023-12-31 | 4.1 M | Bank Of Nova Scotia | 2023-12-31 | 3.9 M | Ameriprise Financial Inc | 2023-12-31 | 3.6 M | Fmr Inc | 2023-12-31 | 31.1 M | Vanguard Group Inc | 2023-12-31 | 15.7 M |
Cameco Corp Corporate Filings
6K | 30th of April 2024 A report filed by foreign private issuers with SEC. A foreign private issuer is a non-U.S. company with securities traded on U.S. exchanges. | ViewVerify |
| 22nd of March 2024 Other Reports | ViewVerify | |
13A | 9th of February 2024 The form used by investors holding more than 5% of a company's stock, to report their beneficial ownership pursuant to Rule 13d-1 or Rule 13d-2 under the Securities Exchange Act of 1934 | ViewVerify |
Pair Trading with Cameco Corp
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Cameco Corp position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Cameco Corp will appreciate offsetting losses from the drop in the long position's value.Moving together with Cameco Stock
| 0.65 | EU | enCore Energy Corp | PairCorr |
| 0.89 | DNN | Denison Mines Corp Earnings Call This Week | PairCorr |
| 0.79 | NXE | NexGen Energy | PairCorr |
Moving against Cameco Stock
| 0.76 | NS | NuStar Energy LP | PairCorr |
The ability to find closely correlated positions to Cameco Corp could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Cameco Corp when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Cameco Corp - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Cameco Corp to buy it.
The correlation of Cameco Corp is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Cameco Corp moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Cameco Corp moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Cameco Corp can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Cameco Corp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in main economic indicators. For more information on how to buy Cameco Stock please use our How to buy in Cameco Stock guide.Note that the Cameco Corp information on this page should be used as a complementary analysis to other Cameco Corp's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Idea Optimizer module to use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio .
Complementary Tools for Cameco Stock analysis
When running Cameco Corp's price analysis, check to measure Cameco Corp's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Cameco Corp is operating at the current time. Most of Cameco Corp's value examination focuses on studying past and present price action to predict the probability of Cameco Corp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Cameco Corp's price. Additionally, you may evaluate how the addition of Cameco Corp to your portfolios can decrease your overall portfolio volatility.
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Is Cameco Corp's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Cameco Corp. If investors know Cameco will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Cameco Corp listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.86) | Dividend Share 0.12 | Earnings Share 0.39 | Revenue Per Share 5.843 | Quarterly Revenue Growth (0.08) |
The market value of Cameco Corp is measured differently than its book value, which is the value of Cameco that is recorded on the company's balance sheet. Investors also form their own opinion of Cameco Corp's value that differs from its market value or its book value, called intrinsic value, which is Cameco Corp's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Cameco Corp's market value can be influenced by many factors that don't directly affect Cameco Corp's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Cameco Corp's value and its price as these two are different measures arrived at by different means. Investors typically determine if Cameco Corp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Cameco Corp's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.