Centrus Energy Corp. (NYSE:LEU) Stake Decreased by Bank of New York Mellon Corp

Bank of New York Mellon Corp decreased its holdings in shares of Centrus Energy Corp. (NYSE:LEU - Free Report) by 18.9% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 432,304 shares of the company's stock after selling 100,675 shares during the quarter. Bank of New York Mellon Corp owned about 2.64% of Centrus Energy worth $28,796,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors have also recently added to or reduced their stakes in the business. Ipswich Investment Management Co. Inc. purchased a new position in Centrus Energy in the 4th quarter worth approximately $716,000. Venturi Wealth Management LLC acquired a new position in shares of Centrus Energy during the fourth quarter worth $113,000. Vontobel Holding Ltd. boosted its stake in shares of Centrus Energy by 79.7% in the fourth quarter. Vontobel Holding Ltd. now owns 9,922 shares of the company's stock valued at $658,000 after purchasing an additional 4,402 shares during the period. Financial Advocates Investment Management acquired a new stake in Centrus Energy during the 4th quarter valued at $216,000. Finally, Legacy Bridge LLC purchased a new stake in Centrus Energy during the 4th quarter worth $657,000. 49.96% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

LEU has been the subject of a number of analyst reports. HC Wainwright assumed coverage on shares of Centrus Energy in a research report on Tuesday, February 25th. They issued a "buy" rating and a $300.00 price objective for the company. StockNews.com raised Centrus Energy to a "sell" rating in a report on Monday, February 10th. Finally, Citigroup started coverage on Centrus Energy in a research note on Tuesday, March 4th. They set a "neutral" rating and a $104.00 price objective for the company. One analyst has rated the stock with a sell rating, three have given a hold rating and two have assigned a buy rating to the stock. According to data from MarketBeat.com, the stock presently has an average rating of "Hold" and a consensus price target of $147.00.

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Insider Buying and Selling at Centrus Energy

In other news, SVP Larry B. Cutlip sold 4,000 shares of the firm's stock in a transaction dated Wednesday, February 12th. The shares were sold at an average price of $120.31, for a total value of $481,240.00. Following the transaction, the senior vice president now directly owns 9,402 shares in the company, valued at approximately $1,131,154.62. This trade represents a 29.85 % decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. 1.00% of the stock is currently owned by insiders.

Centrus Energy Stock Up 0.3 %

Shares of Centrus Energy stock traded up $0.21 during trading on Wednesday, reaching $74.17. The company had a trading volume of 374,622 shares, compared to its average volume of 858,458. 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 fifty-two week low of $33.51 and a fifty-two week high of $122.94. The firm's fifty day moving average is $87.46 and its 200-day moving average is $74.77. The company has a market cap of $1.24 billion, a price-to-earnings ratio of 16.79 and a beta of 1.35.

About Centrus Energy

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.