Centrus Energy Corp. (NYSE:LEU) SVP Sells $481,240.00 in Stock

Centrus Energy Corp. (NYSE:LEU - Get Free Report) SVP Larry B. Cutlip sold 4,000 shares of Centrus Energy 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 sale, the senior vice president now directly owns 9,402 shares of the company's stock, valued at approximately $1,131,154.62. The trade was a 29.85 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website.

Centrus Energy Stock Performance

NYSE:LEU traded down $3.78 during midday trading on Monday, reaching $113.99. The stock had a trading volume of 562,243 shares, compared to its average volume of 705,259. The stock has a market capitalization of $1.87 billion, a P/E ratio of 25.85 and a beta of 1.17. The company has a debt-to-equity ratio of 1.44, a current ratio of 1.63 and a quick ratio of 1.03. Centrus Energy Corp. has a 1-year low of $33.51 and a 1-year high of $122.94. The firm's fifty day simple moving average is $81.36 and its 200-day simple moving average is $68.99.

Institutional Investors Weigh In On Centrus Energy

Several hedge funds have recently made changes to their positions in the stock. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its stake in shares of Centrus Energy by 1.4% in the 4th quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 979,976 shares of the company's stock valued at $65,276,000 after buying an additional 13,764 shares in the last quarter. Vanguard Group Inc. increased its stake in Centrus Energy by 8.0% in the fourth quarter. Vanguard Group Inc. now owns 967,393 shares of the company's stock valued at $64,438,000 after acquiring an additional 71,872 shares during the period. FMR LLC increased its stake in 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 acquiring an additional 188,478 shares during the period. Anatole Investment Management Ltd bought a new position in Centrus Energy during the fourth quarter worth about $27,880,000. Finally, Geode Capital Management LLC boosted its holdings in Centrus Energy by 1.8% during the fourth quarter. Geode Capital Management LLC now owns 325,603 shares of the company's stock valued at $21,694,000 after purchasing an additional 5,668 shares in the last quarter. Institutional investors own 49.96% of the company's stock.

Analysts Set New Price Targets

A number of research firms recently commented on LEU. B. Riley increased their price objective on Centrus Energy from $88.00 to $126.00 and gave the stock a "buy" rating in a report on Wednesday, October 30th. Roth Mkm decreased their price target on Centrus Energy from $62.00 to $58.00 and set a "neutral" rating for the company in a research note on Wednesday, October 30th. Finally, StockNews.com raised Centrus Energy to a "sell" rating in a research note on Monday, February 10th.

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.