Diamond Hill Capital Management Inc. lowered its stake in shares of Centrus Energy Corp. (NYSE:LEU - Free Report) by 17.0% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 103,251 shares of the company's stock after selling 21,130 shares during the period. Diamond Hill Capital Management Inc. owned 0.63% of Centrus Energy worth $6,878,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
Several other institutional investors and hedge funds have also recently modified their holdings of the stock. JPMorgan Chase & Co. raised its position in shares of Centrus Energy by 3.0% during the third quarter. JPMorgan Chase & Co. now owns 6,288 shares of the company's stock valued at $345,000 after buying an additional 186 shares during the last quarter. PNC Financial Services Group Inc. grew its holdings in shares of Centrus Energy by 77.4% in the fourth quarter. PNC Financial Services Group Inc. now owns 440 shares of the company's stock valued at $29,000 after purchasing an additional 192 shares in the last quarter. Cape Investment Advisory Inc. purchased a new position in shares of Centrus Energy in the fourth quarter valued at $27,000. Janney Montgomery Scott LLC grew its holdings in shares of Centrus Energy by 5.9% in the fourth quarter. Janney Montgomery Scott LLC now owns 10,099 shares of the company's stock valued at $673,000 after purchasing an additional 562 shares in the last quarter. Finally, Swiss National Bank grew its holdings in shares of Centrus Energy by 2.6% in the fourth quarter. Swiss National Bank now owns 27,600 shares of the company's stock valued at $1,838,000 after purchasing an additional 700 shares in the last quarter. Institutional investors own 49.96% of the company's stock.
Insiders Place Their Bets
In other news, SVP Larry B. Cutlip sold 4,000 shares of Centrus Energy stock in a transaction on Wednesday, February 12th. The stock was sold at an average price of $120.31, for a total transaction of $481,240.00. Following the completion of the sale, the senior vice president now directly owns 9,402 shares in the company, valued at approximately $1,131,154.62. This trade represents a 29.85 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. 1.00% of the stock is owned by insiders.
Analyst Ratings Changes
LEU has been the subject of a number of recent research reports. StockNews.com raised shares of Centrus Energy to a "sell" rating in a report on Monday, February 10th. HC Wainwright initiated coverage on shares of Centrus Energy in a report on Tuesday, February 25th. They issued a "buy" rating and a $300.00 target price for the company. Finally, Citigroup assumed coverage on shares of Centrus Energy in a report on Tuesday, March 4th. They issued a "neutral" rating and a $104.00 target price for the company. One research analyst has rated the stock with a sell rating, three have given a hold rating and two have assigned a buy rating to the company's stock. Based on data from MarketBeat.com, Centrus Energy presently has a consensus rating of "Hold" and an average price target of $147.00.
Get Our Latest Report on Centrus Energy
Centrus Energy Trading Up 3.9 %
NYSE LEU traded up $2.87 on Wednesday, hitting $75.97. 555,286 shares of the stock were exchanged, compared to its average volume of 623,579. The company has a debt-to-equity ratio of 3.09, a quick ratio of 2.46 and a current ratio of 2.93. The stock has a fifty day moving average price of $87.36 and a two-hundred day moving average price of $76.01. The firm has a market capitalization of $1.27 billion, a P/E ratio of 17.23 and a beta of 1.35. Centrus Energy Corp. has a 52-week low of $33.51 and a 52-week high of $122.95.
About Centrus Energy
(
Free Report)
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.
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