Centrus Energy Corp. (NYSE:LEU) Stock Position Raised by American Century Companies Inc.

American Century Companies Inc. raised its stake in Centrus Energy Corp. (NYSE:LEU - Free Report) by 72.8% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 23,768 shares of the company's stock after buying an additional 10,011 shares during the quarter. American Century Companies Inc. owned about 0.14% of Centrus Energy worth $1,583,000 at the end of the most recent quarter.

Other institutional investors have also recently added to or reduced their stakes in the company. JPMorgan Chase & Co. raised its holdings in Centrus Energy by 3.0% in the third quarter. JPMorgan Chase & Co. now owns 6,288 shares of the company's stock valued at $345,000 after acquiring an additional 186 shares in the last quarter. PNC Financial Services Group Inc. raised its stake in Centrus Energy by 77.4% during the 4th quarter. PNC Financial Services Group Inc. now owns 440 shares of the company's stock valued at $29,000 after acquiring an additional 192 shares during the last quarter. Cape Investment Advisory Inc. purchased a new position in Centrus Energy during the 4th quarter worth $27,000. MRP Capital Investments LLC raised its holdings in Centrus Energy by 14.3% during the fourth quarter. MRP Capital Investments LLC now owns 3,795 shares of the company's stock worth $253,000 after purchasing an additional 475 shares in the last quarter. Finally, Janney Montgomery Scott LLC lifted its holdings in shares of Centrus Energy by 5.9% in the 4th quarter. Janney Montgomery Scott LLC now owns 10,099 shares of the company's stock valued at $673,000 after buying an additional 562 shares during the period. Institutional investors and hedge funds own 49.96% of the company's stock.

Insider Activity at Centrus Energy

In other Centrus Energy news, SVP Larry B. Cutlip sold 4,000 shares of the business'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 sale, 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 can be accessed through this hyperlink. Company insiders own 1.00% of the company's stock.

Analysts Set New Price Targets

Several equities research analysts recently commented on LEU shares. HC Wainwright began 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 on the stock. Craig Hallum assumed coverage on Centrus Energy in a research report on Tuesday, April 1st. They issued a "buy" rating and a $129.00 price objective for the company. StockNews.com raised shares of Centrus Energy to a "sell" rating in a research note on Monday, February 10th. Finally, Citigroup began coverage on Centrus Energy in a research note on Tuesday, March 4th. They issued a "neutral" rating and a $104.00 price objective on the stock. One equities research analyst has rated the stock with a sell rating, three have issued a hold rating and three have issued a buy rating to the company's stock. Based on data from MarketBeat, the stock currently has an average rating of "Hold" and an average target price of $143.40.

Centrus Energy Stock Performance

Shares of NYSE LEU traded down $0.93 during midday trading on Tuesday, reaching $63.95. 48,845 shares of the company traded hands, compared to its average volume of 665,294. The stock has a 50-day moving average price of $81.23 and a 200 day moving average price of $79.10. The company has a market cap of $1.07 billion, a price-to-earnings ratio of 14.49 and a beta of 1.26. The company has a debt-to-equity ratio of 3.09, a current ratio of 2.93 and a quick ratio of 2.46. Centrus Energy Corp. has a 52 week low of $33.51 and a 52 week high of $122.95.

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.