Centrus Energy (NYSE:LEU) Now Covered by Analysts at Craig Hallum

Craig Hallum began coverage on shares of Centrus Energy (NYSE:LEU - Free Report) in a research note published on Tuesday, Marketbeat reports. The brokerage issued a buy rating and a $129.00 price target on the stock.

Several other equities research analysts have also commented on LEU. StockNews.com upgraded shares of Centrus Energy to a "sell" rating in a report on Monday, February 10th. Citigroup began coverage on shares of Centrus Energy in a report on Tuesday, March 4th. They set a "neutral" rating and a $104.00 price objective on the stock. Finally, 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 target for the company. One research analyst has rated the stock with a sell rating, three have given a hold rating and three have issued a buy rating to the stock. According to data from MarketBeat, Centrus Energy presently has an average rating of "Hold" and a consensus price target of $143.40.

Centrus Energy Stock Down 5.7 %

Shares of LEU stock traded down $3.28 during mid-day trading on Tuesday, hitting $54.43. The stock had a trading volume of 1,242,547 shares, compared to its average volume of 651,336. The firm has a market capitalization of $912.52 million, a P/E ratio of 12.34 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 has a 12-month low of $33.51 and a 12-month high of $122.95. The firm's 50-day moving average is $84.53 and its two-hundred day moving average is $78.20.

Insider Transactions at Centrus Energy

In other news, SVP Larry B. Cutlip sold 4,000 shares of the company's stock in a transaction dated Wednesday, February 12th. The shares were sold at an average price of $120.31, for a total transaction of $481,240.00. Following the transaction, the senior vice president now owns 9,402 shares in the company, valued at $1,131,154.62. This represents a 29.85 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Insiders own 1.00% of the company's stock.

Institutional Trading of Centrus Energy

Institutional investors have recently bought and sold shares of the stock. Charles Schwab Investment Management Inc. raised its holdings in shares of Centrus Energy by 5.4% in the third quarter. Charles Schwab Investment Management Inc. now owns 114,683 shares of the company's stock worth $6,290,000 after buying an additional 5,919 shares during the last quarter. FMR LLC increased its position in shares of Centrus Energy by 79.3% in the 3rd 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. BNP Paribas Financial Markets raised its stake in Centrus Energy by 95.5% in the 3rd quarter. BNP Paribas Financial Markets now owns 5,758 shares of the company's stock worth $316,000 after acquiring an additional 2,813 shares during the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC lifted its position in Centrus Energy by 17.1% during the 3rd quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 32,122 shares of the company's stock worth $1,762,000 after acquiring an additional 4,694 shares during the period. Finally, Rockefeller Capital Management L.P. grew its stake in Centrus Energy by 97.9% during the 3rd quarter. Rockefeller Capital Management L.P. now owns 63,480 shares of the company's stock valued at $3,482,000 after purchasing an additional 31,408 shares during the last quarter. 49.96% of the stock is currently owned by institutional investors and hedge funds.

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.