Diamond Hill Capital Management Inc. Has $6.82 Million Stock Holdings in Centrus Energy Corp. (NYSE:LEU)

Diamond Hill Capital Management Inc. lifted its position in Centrus Energy Corp. (NYSE:LEU - Free Report) by 22.2% in the 3rd quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 124,381 shares of the company's stock after acquiring an additional 22,605 shares during the quarter. Diamond Hill Capital Management Inc. owned approximately 0.76% of Centrus Energy worth $6,822,000 as of its most recent filing with the SEC.

Several other large investors have also recently added to or reduced their stakes in LEU. CWA Asset Management Group LLC bought a new stake in Centrus Energy during the 3rd quarter valued at $244,000. Heritage Investors Management Corp acquired a new position in Centrus Energy during the 3rd quarter worth approximately $203,000. Evermay Wealth Management LLC lifted its holdings in Centrus Energy by 3.5% in the third quarter. Evermay Wealth Management LLC now owns 5,175 shares of the company's stock worth $284,000 after acquiring an additional 175 shares during the last quarter. Private Advisor Group LLC bought a new position in shares of Centrus Energy during the 3rd quarter worth about $348,000. Finally, Vontobel Holding Ltd. increased its stake in Centrus Energy by 17.3% in the 3rd quarter. Vontobel Holding Ltd. now owns 5,520 shares of the company's stock valued at $303,000 after buying an additional 815 shares during the last quarter. Institutional investors and hedge funds own 49.96% of the company's stock.

Centrus Energy Stock Down 2.2 %

Shares of Centrus Energy stock traded down $1.99 on Tuesday, hitting $89.60. 993,660 shares of the company traded hands, compared to its average volume of 430,049. The company has a quick ratio of 1.03, a current ratio of 1.63 and a debt-to-equity ratio of 1.44. Centrus Energy Corp. has a 12-month low of $33.51 and a 12-month high of $118.36. The company has a 50-day moving average price of $65.66 and a 200 day moving average price of $50.93. The company has a market cap of $1.47 billion, a PE ratio of 19.07 and a beta of 1.19.

Centrus Energy (NYSE:LEU - Get Free Report) last posted its earnings results on Monday, October 28th. The company reported ($0.30) earnings per share for the quarter, missing analysts' consensus estimates of $0.18 by ($0.48). The business had revenue of $57.70 million during the quarter, compared to the consensus estimate of $56.50 million. Centrus Energy had a net margin of 19.24% and a return on equity of 138.38%. Sell-side analysts predict that Centrus Energy Corp. will post 2.4 earnings per share for the current year.

Analyst Upgrades and Downgrades

A number of research analysts have issued reports on the stock. Roth Mkm reduced their price objective on shares of Centrus Energy from $62.00 to $58.00 and set a "neutral" rating on the stock in a research report on Wednesday, October 30th. Roth Capital lowered shares of Centrus Energy from a "strong-buy" rating to a "hold" rating in a research report on Thursday, October 10th. B. Riley boosted their price target on shares of Centrus Energy from $88.00 to $126.00 and gave the stock a "buy" rating in a report on Wednesday, October 30th. Finally, StockNews.com upgraded Centrus Energy to a "sell" rating in a research note on Wednesday, August 7th. One investment analyst has rated the stock with a sell rating, two have issued a hold rating and one has issued a buy rating to the company. According to data from MarketBeat, Centrus Energy currently 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.