Mitsubishi UFJ Asset Management Co. Ltd. bought a new stake in shares of Centrus Energy Corp. (NYSE:LEU - Free Report) during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm bought 10,430 shares of the company's stock, valued at approximately $695,000. Mitsubishi UFJ Asset Management Co. Ltd. owned 0.06% of Centrus Energy as of its most recent SEC filing.
Several other institutional investors and hedge funds have also recently modified their holdings of LEU. Vanguard Group Inc. raised its position in Centrus Energy by 8.0% during the fourth quarter. Vanguard Group Inc. now owns 967,393 shares of the company's stock worth $64,438,000 after acquiring an additional 71,872 shares during the period. FMR LLC raised its position in shares of Centrus Energy by 79.3% during the 3rd quarter. FMR LLC now owns 426,249 shares of the company's stock worth $23,380,000 after purchasing an additional 188,478 shares during the last quarter. Geode Capital Management LLC lifted its stake in Centrus Energy by 4.9% in the 3rd quarter. Geode Capital Management LLC now owns 319,935 shares of the company's stock valued at $17,552,000 after buying an additional 15,080 shares in the last quarter. Reaves W H & Co. Inc. acquired a new stake in Centrus Energy in the 4th quarter worth about $15,215,000. Finally, Charles Schwab Investment Management Inc. boosted its holdings in Centrus Energy by 5.9% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 121,392 shares of the company's stock worth $8,086,000 after buying an additional 6,709 shares during the last quarter. Hedge funds and other institutional investors own 49.96% of the company's stock.
Analysts Set New Price Targets
LEU has been the topic of a number of research analyst reports. StockNews.com raised Centrus Energy to a "sell" rating in a research note on Monday, February 10th. Citigroup began coverage on shares of Centrus Energy in a report on Tuesday, March 4th. They set a "neutral" rating and a $104.00 target price for the company. Craig Hallum began coverage on shares of Centrus Energy in a research note on Tuesday, April 1st. They issued a "buy" rating and a $129.00 price target on the stock. Finally, HC Wainwright started coverage on shares of Centrus Energy in a research note on Tuesday, February 25th. They set a "buy" rating and a $300.00 price objective for the company. One analyst has rated the stock with a sell rating, three have assigned a hold rating and three have given a buy rating to the company's stock. According to data from MarketBeat, the stock has an average rating of "Hold" and an average price target of $143.40.
Get Our Latest Stock Report on LEU
Insiders Place Their Bets
In other news, SVP Larry B. Cutlip sold 4,000 shares of the firm's stock in a transaction that occurred 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 completion of the sale, the senior vice president now owns 9,402 shares in the company, valued at $1,131,154.62. This trade represents a 29.85 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. 1.00% of the stock is owned by insiders.
Centrus Energy Trading Up 7.6 %
Shares of NYSE LEU traded up $4.13 during trading on Monday, hitting $58.56. 1,326,671 shares of the company were exchanged, compared to its average volume of 655,855. The company has a debt-to-equity ratio of 3.09, a quick ratio of 2.46 and a current ratio of 2.93. Centrus Energy Corp. has a 12-month low of $33.51 and a 12-month high of $122.95. The company has a fifty day moving average price of $84.14 and a 200-day moving average price of $78.86. The firm has a market capitalization of $981.76 million, a PE ratio of 13.28 and a beta of 1.26.
About Centrus Energy
(
Free Report)
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.
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