Atlatl Advisers LLC Purchases 160 Shares of Centrus Energy Corp. $LEU

Atlatl Advisers LLC increased its position in Centrus Energy Corp. (NYSE:LEU) by 4.2% during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 4,015 shares of the company’s stock after purchasing an additional 160 shares during the period. Atlatl Advisers LLC’s holdings in Centrus Energy were worth $735,000 at the end of the most recent reporting period.

A number of other hedge funds also recently bought and sold shares of the company. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its stake in Centrus Energy by 3.3% in the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 1,011,978 shares of the company’s stock worth $62,955,000 after purchasing an additional 32,002 shares in the last quarter. Granahan Investment Management LLC bought a new position in Centrus Energy in the 1st quarter worth about $13,440,000. Goehring & Rozencwajg Associates LLC boosted its stake in Centrus Energy by 2.2% in the 1st quarter. Goehring & Rozencwajg Associates LLC now owns 212,362 shares of the company’s stock worth $13,211,000 after purchasing an additional 4,606 shares in the last quarter. Exchange Traded Concepts LLC boosted its stake in Centrus Energy by 35.2% in the 2nd quarter. Exchange Traded Concepts LLC now owns 73,112 shares of the company’s stock worth $13,393,000 after purchasing an additional 19,051 shares in the last quarter. Finally, Raymond James Financial Inc. boosted its stake in Centrus Energy by 944.9% in the 1st quarter. Raymond James Financial Inc. now owns 58,057 shares of the company’s stock worth $3,612,000 after purchasing an additional 52,501 shares in the last quarter. Institutional investors own 49.96% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities analysts recently issued reports on the stock. Evercore ISI upped their price target on shares of Centrus Energy from $251.00 to $252.00 and gave the stock an “outperform” rating in a research note on Friday, August 8th. UBS Group raised Centrus Energy to a “hold” rating and set a $215.00 target price for the company in a research report on Monday, July 21st. Northland Capmk raised Centrus Energy to a “strong-buy” rating in a research report on Monday, July 7th. Stifel Nicolaus assumed coverage on Centrus Energy in a research report on Friday, July 11th. They issued a “buy” rating and a $220.00 target price for the company. Finally, Bank of America reissued a “neutral” rating and issued a $285.00 target price (up previously from $210.00) on shares of Centrus Energy in a research report on Thursday, August 7th. One analyst has rated the stock with a Strong Buy rating, seven have issued a Buy rating and five have issued a Hold rating to the company. Based on data from MarketBeat.com, Centrus Energy currently has an average rating of “Moderate Buy” and an average price target of $202.09.

Centrus Energy Price Performance

NYSE LEU opened at $383.00 on Friday. Centrus Energy Corp. has a 52 week low of $49.40 and a 52 week high of $464.25. The firm has a market capitalization of $6.97 billion, a P/E ratio of 86.85 and a beta of 1.51. 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 has a 50-day moving average price of $281.51 and a 200-day moving average price of $193.92.

Centrus Energy (NYSE:LEU) last released its quarterly earnings results on Tuesday, August 5th. The company reported $1.59 EPS for the quarter, beating the consensus estimate of $0.58 by $1.01. Centrus Energy had a net margin of 16.56% and a return on equity of 84.09%. During the same quarter last year, the company posted $1.89 earnings per share. The firm’s revenue was down 18.3% compared to the same quarter last year. Equities research analysts anticipate that Centrus Energy Corp. will post 2.63 earnings per share for the current year.

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.