Goehring & Rozencwajg Associates LLC Acquires 10,127 Shares of Centrus Energy Corp. $LEU

Goehring & Rozencwajg Associates LLC increased its holdings in shares of Centrus Energy Corp. (NYSE:LEUFree Report) by 6.3% during the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 171,114 shares of the company’s stock after acquiring an additional 10,127 shares during the quarter. Centrus Energy makes up 4.0% of Goehring & Rozencwajg Associates LLC’s portfolio, making the stock its 9th biggest position. Goehring & Rozencwajg Associates LLC’s holdings in Centrus Energy were worth $41,540,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds have also added to or reduced their stakes in the business. Vanguard Group Inc. raised its stake in Centrus Energy by 1.3% during the 4th quarter. Vanguard Group Inc. now owns 1,086,443 shares of the company’s stock worth $263,745,000 after buying an additional 14,325 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its stake in Centrus Energy by 6.7% during the 3rd quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 936,477 shares of the company’s stock worth $290,376,000 after buying an additional 58,634 shares during the period. Van ECK Associates Corp raised its stake in Centrus Energy by 25.9% during the 3rd quarter. Van ECK Associates Corp now owns 780,986 shares of the company’s stock worth $242,161,000 after buying an additional 160,482 shares during the period. Bank of New York Mellon Corp increased its holdings in Centrus Energy by 43.3% during the 4th quarter. Bank of New York Mellon Corp now owns 473,145 shares of the company’s stock worth $114,861,000 after purchasing an additional 143,069 shares in the last quarter. Finally, American Century Companies Inc. increased its holdings in Centrus Energy by 78.8% during the 3rd quarter. American Century Companies Inc. now owns 442,261 shares of the company’s stock worth $137,132,000 after purchasing an additional 194,909 shares in the last quarter. Institutional investors and hedge funds own 49.96% of the company’s stock.

Centrus Energy Price Performance

LEU stock opened at $162.73 on Friday. The stock has a 50-day moving average price of $189.11 and a two-hundred day moving average price of $225.54. The stock has a market cap of $3.20 billion, a PE ratio of 53.88, a price-to-earnings-growth ratio of 19.63 and a beta of 1.34. The company has a current ratio of 5.72, a quick ratio of 4.88 and a debt-to-equity ratio of 1.52. Centrus Energy Corp. has a 1 year low of $144.65 and a 1 year high of $464.25.

Centrus Energy (NYSE:LEUGet Free Report) last released its earnings results 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. The firm had revenue of $76.70 million during the quarter, compared to analysts’ expectations of $76.13 million. Centrus Energy had a return on equity of 13.10% and a net margin of 13.40%.The company’s revenue was up 4.9% on a year-over-year basis. During the same quarter in the prior year, the company earned $1.60 EPS. Equities analysts forecast that Centrus Energy Corp. will post 2.7 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

LEU has been the subject of a number of research reports. Weiss Ratings cut Centrus Energy from a “hold (c)” rating to a “hold (c-)” rating in a report on Thursday, May 7th. UBS Group lowered their target price on Centrus Energy from $245.00 to $195.00 and set a “neutral” rating for the company in a report on Thursday, March 5th. Citigroup lowered their target price on Centrus Energy from $224.00 to $218.00 and set a “neutral” rating for the company in a report on Friday, May 8th. Zacks Research upgraded Centrus Energy from a “strong sell” rating to a “hold” rating in a report on Monday, May 18th. Finally, B. Riley Financial lowered their target price on Centrus Energy from $315.00 to $295.00 and set a “buy” rating for the company in a report on Friday, April 24th. One analyst has rated the stock with a Strong Buy rating, six have assigned a Buy rating and seven have assigned a Hold rating to the stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $268.18.

Check Out Our Latest Analysis on Centrus Energy

Insider Activity

In related news, CFO Todd M. Tinelli sold 306 shares of Centrus Energy stock in a transaction dated Monday, May 11th. The stock was sold at an average price of $203.55, for a total value of $62,286.30. The transaction was disclosed in a filing with the SEC, which is available at this link. Corporate insiders own 0.72% of the company’s stock.

Centrus Energy Company Profile

(Free Report)

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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Institutional Ownership by Quarter for Centrus Energy (NYSE:LEU)

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