Royce & Associates LP lowered its holdings in shares of Centrus Energy Corp. (NYSE:LEU – Free Report) by 31.8% in the fourth quarter, according to its most recent disclosure with the SEC. The firm owned 13,632 shares of the company’s stock after selling 6,346 shares during the period. Royce & Associates LP owned 0.07% of Centrus Energy worth $3,309,000 as of its most recent filing with the SEC.
A number of other hedge funds and other institutional investors have also bought and sold shares of the business. Farther Finance Advisors LLC grew its holdings in Centrus Energy by 11.0% during the fourth quarter. Farther Finance Advisors LLC now owns 363 shares of the company’s stock worth $88,000 after purchasing an additional 36 shares during the period. Prospera Financial Services Inc grew its holdings in Centrus Energy by 3.1% during the fourth quarter. Prospera Financial Services Inc now owns 1,340 shares of the company’s stock worth $325,000 after purchasing an additional 40 shares during the period. IFP Advisors Inc grew its holdings in Centrus Energy by 38.3% during the third quarter. IFP Advisors Inc now owns 148 shares of the company’s stock worth $46,000 after purchasing an additional 41 shares during the period. Rothschild Investment LLC grew its holdings in Centrus Energy by 54.9% during the third quarter. Rothschild Investment LLC now owns 127 shares of the company’s stock worth $39,000 after purchasing an additional 45 shares during the period. Finally, Allworth Financial LP grew its holdings in Centrus Energy by 23.2% during the third quarter. Allworth Financial LP now owns 239 shares of the company’s stock worth $74,000 after purchasing an additional 45 shares during the period. Institutional investors own 49.96% of the company’s stock.
Analysts Set New Price Targets
A number of equities analysts recently commented on the company. Roth Mkm reiterated a “neutral” rating and set a $137.00 price target on shares of Centrus Energy in a report on Wednesday, February 11th. UBS Group reduced their price objective on Centrus Energy from $245.00 to $195.00 and set a “neutral” rating for the company in a report on Thursday, March 5th. Northland Securities set a $285.00 price objective on Centrus Energy in a report on Thursday, February 12th. Citigroup reduced their price objective on Centrus Energy from $224.00 to $218.00 and set a “neutral” rating for the company in a report on Friday, May 8th. Finally, JPMorgan Chase & Co. reduced their price objective on Centrus Energy from $245.00 to $242.00 and set a “neutral” rating for the company in a report on Thursday, February 5th. One research analyst has rated the stock with a Strong Buy rating, six have issued a Buy rating and seven have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, Centrus Energy presently has a consensus rating of “Moderate Buy” and an average target price of $268.18.
Centrus Energy Trading Down 1.4%
Shares of NYSE:LEU opened at $182.80 on Friday. Centrus Energy Corp. has a 12-month low of $117.64 and a 12-month high of $464.25. The stock has a market cap of $3.60 billion, a PE ratio of 60.53, a P/E/G ratio of 23.43 and a beta of 1.43. The business has a 50 day moving average of $192.47 and a 200-day moving average of $231.67. The company has a quick ratio of 4.88, a current ratio of 5.72 and a debt-to-equity ratio of 1.52.
Centrus Energy (NYSE:LEU – Get Free Report) last issued its quarterly earnings data on Tuesday, May 5th. The company reported $1.05 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.33 by $0.72. Centrus Energy had a return on equity of 13.10% and a net margin of 13.40%.The company had revenue of $76.70 million during the quarter, compared to analysts’ expectations of $76.13 million. During the same quarter in the previous year, the company posted $1.60 earnings per share. The business’s revenue was up 4.9% on a year-over-year basis. As a group, equities research analysts forecast that Centrus Energy Corp. will post 2.65 earnings per share for the current year.
Insider Transactions at Centrus Energy
In other Centrus Energy news, CFO Todd M. Tinelli sold 306 shares of the firm’s stock in a transaction on Monday, May 11th. The stock was sold at an average price of $203.55, for a total transaction of $62,286.30. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. 0.72% of the stock is owned by corporate insiders.
About Centrus Energy
Centrus Energy Corp is a U.S.-based supplier of nuclear fuel and enrichment services, specializing in the production of low-enriched uranium (LEU) for commercial power reactors and highly enriched uranium for naval propulsion. Through its Centrus Global subsidiary, the company provides technical support, fuel fabrication services and recycled uranium products to utilities operating light-water reactors. Centrus also develops advanced centrifuge technologies aimed at improving enrichment efficiency and reducing the cost of nuclear fuel.
Originally founded as the United States Enrichment Corporation (USEC) in 1998 following a spin-out from the U.S.
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