Soros Fund Management LLC Takes Position in Centrus Energy Corp. (NYSE:LEU)

Soros Fund Management LLC acquired a new position in Centrus Energy Corp. (NYSE:LEU) during the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm acquired 222,500 shares of the company’s stock, valued at approximately $14,821,000. Soros Fund Management LLC owned 1.36% of Centrus Energy as of its most recent SEC filing.

Other hedge funds have also recently bought and sold shares of the company. Vanguard Group Inc. increased its position in Centrus Energy by 8.0% in the 4th quarter. Vanguard Group Inc. now owns 967,393 shares of the company’s stock valued at $64,438,000 after acquiring an additional 71,872 shares during the period. Geode Capital Management LLC raised its position in shares of Centrus Energy by 1.8% during the 4th quarter. Geode Capital Management LLC now owns 325,603 shares of the company’s stock worth $21,694,000 after buying an additional 5,668 shares in the last quarter. Dimensional Fund Advisors LP lifted its stake in shares of Centrus Energy by 2.7% in the 4th quarter. Dimensional Fund Advisors LP now owns 320,876 shares of the company’s stock worth $21,375,000 after acquiring an additional 8,539 shares during the period. Reaves W H & Co. Inc. acquired a new stake in shares of Centrus Energy in the 4th quarter worth approximately $15,215,000. Finally, Northern Trust Corp boosted its holdings in shares of Centrus Energy by 13.8% in the fourth quarter. Northern Trust Corp now owns 135,389 shares of the company’s stock valued at $9,018,000 after acquiring an additional 16,378 shares in the last quarter. 49.96% of the stock is currently owned by institutional investors.

Centrus Energy Trading Up 1.2 %

NYSE:LEU opened at $70.37 on Tuesday. The company has a quick ratio of 2.46, a current ratio of 2.93 and a debt-to-equity ratio of 3.09. The company’s 50 day moving average is $72.55 and its 200-day moving average is $79.43. The firm has a market cap of $1.18 billion, a price-to-earnings ratio of 15.96 and a beta of 1.26. Centrus Energy Corp. has a 12 month low of $33.51 and a 12 month high of $122.95.

Wall Street Analyst Weigh In

Several research analysts recently weighed in on the company. Citigroup started coverage on Centrus Energy in a research note on Tuesday, March 4th. They set a “neutral” rating and a $104.00 target price for the company. HC Wainwright began coverage on Centrus Energy in a research report on Tuesday, February 25th. They set a “buy” rating and a $300.00 target price on the stock. StockNews.com raised Centrus Energy to a “sell” rating in a research note on Monday, February 10th. Finally, Craig Hallum started coverage on shares of Centrus Energy in a research note on Tuesday, April 1st. They set a “buy” rating and a $129.00 price objective for the company. One analyst has rated the stock with a sell rating, three have assigned a hold rating and three have assigned a buy rating to the company. According to data from MarketBeat, the stock currently has a consensus rating of “Hold” and an average target price of $143.40.

Insider Buying and Selling at Centrus Energy

In related news, SVP Larry B. Cutlip sold 4,000 shares of the business’s stock in a transaction on Wednesday, February 12th. The shares were sold at an average price of $120.31, for a total transaction of $481,240.00. Following the transaction, the senior vice president now owns 9,402 shares of the company’s stock, valued at approximately $1,131,154.62. The trade was a 29.85 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. Corporate insiders own 1.00% of the company’s stock.

Centrus Energy Company Profile

Centrus Energy Corp. supplies nuclear fuel components and services for the nuclear power industry in the United States, Belgium, Japan, and internationally. The company operates through two segments, Low-Enriched Uranium (LEU) and Technical Solutions. The LEU segment sells separative work units (SWU) components of LEU; natural uranium hexafluoride, uranium concentrates, and uranium conversion; and enriched uranium products to utilities that operate nuclear power plants.