Centrus Energy Corp. (NYSE:LEU) Given Consensus Rating of "Hold" by Analysts

Centrus Energy Corp. (NYSE:LEU - Get Free Report) has been assigned an average recommendation of "Hold" from the five ratings firms that are presently covering the stock, Marketbeat Ratings reports. Three investment analysts have rated the stock with a hold rating and two have assigned a buy rating to the company. The average 1-year price objective among brokers that have covered the stock in the last year is $147.00.

A number of research firms have weighed in on LEU. Citigroup assumed coverage on Centrus Energy in a report on Tuesday. They set a "neutral" rating and a $104.00 target price for the company. StockNews.com raised shares of Centrus Energy to a "sell" rating in a research note on Monday, February 10th. Finally, HC Wainwright initiated coverage on shares of Centrus Energy in a research note on Tuesday, February 25th. They issued a "buy" rating and a $300.00 target price on the stock.

Insider Transactions at Centrus Energy

In related news, SVP Larry B. Cutlip sold 4,000 shares of the company's stock in a transaction on Wednesday, February 12th. The shares were sold at an average price of $120.31, for a total value of $481,240.00. Following the completion of the transaction, the senior vice president now directly owns 9,402 shares in the company, valued at approximately $1,131,154.62. The trade was a 29.85 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. 1.00% of the stock is owned by insiders.

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Institutional Investors Weigh In On Centrus Energy

Hedge funds have recently added to or reduced their stakes in the company. Arcadia Wealth Management Inc. bought a new position in shares of Centrus Energy during the 4th quarter valued at about $433,000. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC boosted its stake in Centrus Energy by 16.1% in the fourth quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 37,301 shares of the company's stock worth $2,485,000 after buying an additional 5,179 shares in the last quarter. Voloridge Investment Management LLC grew its position in Centrus Energy by 1,300.5% during the fourth quarter. Voloridge Investment Management LLC now owns 235,155 shares of the company's stock valued at $15,664,000 after acquiring an additional 218,364 shares during the last quarter. Two Sigma Advisers LP purchased a new position in shares of Centrus Energy during the fourth quarter worth approximately $4,703,000. Finally, Two Sigma Investments LP lifted its holdings in shares of Centrus Energy by 941.6% in the 4th quarter. Two Sigma Investments LP now owns 79,872 shares of the company's stock worth $5,320,000 after acquiring an additional 72,204 shares during the last quarter. Institutional investors own 49.96% of the company's stock.

Centrus Energy Stock Performance

Shares of NYSE LEU traded up $0.09 during mid-day trading on Tuesday, hitting $79.81. The company had a trading volume of 570,131 shares, compared to its average volume of 614,885. The company has a current ratio of 2.93, a quick ratio of 2.46 and a debt-to-equity ratio of 3.09. Centrus Energy has a 1 year low of $33.51 and a 1 year high of $122.95. The company has a market capitalization of $1.34 billion, a price-to-earnings ratio of 18.10 and a beta of 1.35. The stock's 50-day moving average price is $87.01 and its 200-day moving average price is $73.50.

Centrus Energy Company 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.