Centrus Energy Corp. (NYSE:LEU) Shares Purchased by Exchange Traded Concepts LLC

Exchange Traded Concepts LLC lifted its holdings in shares of Centrus Energy Corp. (NYSE:LEU - Free Report) by 290.9% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 71,040 shares of the company's stock after purchasing an additional 52,866 shares during the period. Exchange Traded Concepts LLC owned about 0.43% of Centrus Energy worth $4,732,000 as of its most recent SEC filing.

Several other institutional investors have also recently modified their holdings of LEU. Diamond Hill Capital Management Inc. lifted its holdings in Centrus Energy by 22.2% in the 3rd quarter. Diamond Hill Capital Management Inc. now owns 124,381 shares of the company's stock valued at $6,822,000 after purchasing an additional 22,605 shares in the last quarter. SG Americas Securities LLC purchased a new position in shares of Centrus Energy during the third quarter valued at approximately $281,000. The Manufacturers Life Insurance Company acquired a new stake in Centrus Energy during the second quarter worth approximately $233,000. Vontobel Holding Ltd. grew 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 worth $303,000 after acquiring an additional 815 shares during the period. Finally, Point72 Asset Management L.P. raised its holdings in Centrus Energy by 53.8% in the 2nd quarter. Point72 Asset Management L.P. now owns 148,251 shares of the company's stock valued at $6,338,000 after acquiring an additional 51,836 shares during the last quarter. 49.96% of the stock is currently owned by institutional investors and hedge funds.

Centrus Energy Trading Down 2.3 %

Shares of LEU traded down $2.20 during trading hours on Friday, hitting $92.00. The stock had a trading volume of 881,512 shares, compared to its average volume of 553,173. The company's fifty day simple moving average is $76.08 and its 200 day simple moving average is $62.84. Centrus Energy Corp. has a 12-month low of $33.51 and a 12-month high of $118.36. The company has a debt-to-equity ratio of 1.44, a quick ratio of 1.03 and a current ratio of 1.63. The firm has a market cap of $1.51 billion, a P/E ratio of 19.21 and a beta of 1.17.

Centrus Energy (NYSE:LEU - Get Free Report) last released its quarterly earnings data on Monday, October 28th. The company reported ($0.30) earnings per share for the quarter, missing the consensus estimate of $0.18 by ($0.48). The firm had revenue of $57.70 million during the quarter, compared to analyst estimates of $56.50 million. Centrus Energy had a net margin of 19.24% and a return on equity of 138.38%. Equities research analysts forecast that Centrus Energy Corp. will post 2.28 EPS for the current fiscal year.

Wall Street Analyst Weigh In

A number of equities research analysts have recently commented on the company. Roth Mkm lowered their price objective on Centrus Energy from $62.00 to $58.00 and set a "neutral" rating for the company in a research report on Wednesday, October 30th. B. Riley lifted their price target on Centrus Energy from $88.00 to $126.00 and gave the company a "buy" rating in a report on Wednesday, October 30th. Finally, Roth Capital downgraded shares of Centrus Energy from a "strong-buy" rating to a "hold" rating in a research note on Thursday, October 10th. One equities research analyst has rated the stock with a sell rating, two have given a hold rating and one has issued a buy rating to the stock. According to MarketBeat, Centrus Energy 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.