Algert Global LLC Invests $929,000 in Centrus Energy Corp. (NYSE:LEU)

Algert Global LLC acquired a new position in Centrus Energy Corp. (NYSE:LEU - Free Report) in the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The firm acquired 16,930 shares of the company's stock, valued at approximately $929,000. Algert Global LLC owned approximately 0.10% of Centrus Energy as of its most recent filing with the Securities and Exchange Commission.

Several other large investors also recently bought and sold shares of the business. Diamond Hill Capital Management Inc. grew its stake in shares of Centrus Energy by 22.2% during the 3rd quarter. Diamond Hill Capital Management Inc. now owns 124,381 shares of the company's stock valued at $6,822,000 after purchasing an additional 22,605 shares during the period. SG Americas Securities LLC bought a new stake in shares of Centrus Energy during the 3rd quarter valued at about $281,000. The Manufacturers Life Insurance Company bought a new stake in shares of Centrus Energy during the 2nd quarter valued at about $233,000. Vontobel Holding Ltd. grew its stake in shares of Centrus Energy by 17.3% during the 3rd quarter. Vontobel Holding Ltd. now owns 5,520 shares of the company's stock valued at $303,000 after purchasing an additional 815 shares during the period. Finally, Point72 Asset Management L.P. grew its stake in shares of Centrus Energy by 53.8% during the 2nd quarter. Point72 Asset Management L.P. now owns 148,251 shares of the company's stock valued at $6,338,000 after purchasing an additional 51,836 shares during the period. 49.96% of the stock is currently owned by institutional investors.

Centrus Energy Stock Performance

Shares of LEU stock traded up $8.51 during trading hours on Friday, reaching $91.00. 838,138 shares of the company traded hands, compared to its average volume of 481,592. Centrus Energy Corp. has a 12-month low of $33.51 and a 12-month high of $118.36. The company has a debt-to-equity ratio of 1.44, a current ratio of 1.63 and a quick ratio of 1.03. The company has a market cap of $1.49 billion, a P/E ratio of 18.93 and a beta of 1.19. The firm has a 50-day moving average price of $77.41 and a 200 day moving average price of $54.43.

Centrus Energy (NYSE:LEU - Get Free Report) last posted its quarterly earnings results on Monday, October 28th. The company reported ($0.30) EPS for the quarter, missing analysts' consensus estimates of $0.18 by ($0.48). Centrus Energy had a return on equity of 138.38% and a net margin of 19.24%. The business had revenue of $57.70 million during the quarter, compared to analysts' expectations of $56.50 million. As a group, sell-side analysts predict that Centrus Energy Corp. will post 2.28 earnings per share for the current fiscal year.

Analyst Ratings Changes

LEU has been the subject of a number of recent research reports. Roth Mkm cut their price target on Centrus Energy from $62.00 to $58.00 and set a "neutral" rating for the company in a research note on Wednesday, October 30th. B. Riley boosted their price target on Centrus Energy from $88.00 to $126.00 and gave the company a "buy" rating in a research note on Wednesday, October 30th. Roth Capital cut Centrus Energy from a "strong-buy" rating to a "hold" rating in a research report on Thursday, October 10th. Finally, StockNews.com raised Centrus Energy to a "sell" rating in a research report on Wednesday, August 7th. One investment analyst has rated the stock with a sell rating, two have given a hold rating and one has assigned a buy rating to the company's stock. Based on data from MarketBeat, the company presently has a consensus rating of "Hold" and an average target price of $92.00.

Centrus Energy 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.