Centrus Energy Corp. (NYSE:LEU) Position Decreased by Boundary Creek Advisors LP

Boundary Creek Advisors LP decreased its holdings in shares of Centrus Energy Corp. (NYSE:LEU - Free Report) by 62.2% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 218,818 shares of the company's stock after selling 360,377 shares during the quarter. Centrus Energy comprises about 1.0% of Boundary Creek Advisors LP's portfolio, making the stock its 6th biggest holding. Boundary Creek Advisors LP owned approximately 1.33% of Centrus Energy worth $14,575,000 at the end of the most recent quarter.

A number of other hedge funds have also modified their holdings of LEU. Reaves W H & Co. Inc. acquired a new stake in shares of Centrus Energy in the 4th quarter worth $15,215,000. FMR LLC grew its holdings in shares of Centrus Energy by 79.3% in the third quarter. FMR LLC now owns 426,249 shares of the company's stock valued at $23,380,000 after purchasing an additional 188,478 shares during the period. TB Alternative Assets Ltd. acquired a new stake in Centrus Energy during the fourth quarter worth about $7,907,000. Exchange Traded Concepts LLC raised its stake in Centrus Energy by 290.9% during the fourth quarter. Exchange Traded Concepts LLC now owns 71,040 shares of the company's stock worth $4,732,000 after purchasing an additional 52,866 shares during the period. Finally, L & S Advisors Inc acquired a new position in Centrus Energy in the 3rd quarter valued at about $2,089,000. 49.96% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

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

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Insiders Place Their Bets

In other Centrus Energy news, SVP Larry B. Cutlip sold 4,000 shares of the business'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 owns 9,402 shares in the company, valued at $1,131,154.62. The trade was a 29.85 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website. Insiders own 1.00% of the company's stock.

Centrus Energy Trading Up 3.9 %

NYSE:LEU traded up $2.85 during trading hours on Monday, reaching $76.87. 512,129 shares of the stock were exchanged, compared to its average volume of 630,917. Centrus Energy Corp. has a twelve month low of $33.51 and a twelve month high of $122.95. The company has a quick ratio of 2.46, a current ratio of 2.93 and a debt-to-equity ratio of 3.09. The business has a 50-day moving average of $87.68 and a two-hundred day moving average of $77.08. The company has a market capitalization of $1.29 billion, a price-to-earnings ratio of 17.43 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.