Centrus Energy Corp. (NYSE:LEU) Shares Bought by Fmr LLC

FMR LLC boosted its position in shares of Centrus Energy Corp. (NYSE:LEU - Free Report) by 79.3% in the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 426,249 shares of the company's stock after acquiring an additional 188,478 shares during the period. FMR LLC owned 2.60% of Centrus Energy worth $23,380,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors also recently bought and sold shares of LEU. Point72 DIFC Ltd purchased a new stake in Centrus Energy during the second quarter valued at approximately $42,000. nVerses Capital LLC lifted its position in Centrus Energy by 133.3% during the second quarter. nVerses Capital LLC now owns 1,400 shares of the company's stock valued at $60,000 after acquiring an additional 800 shares during the last quarter. Zurcher Kantonalbank Zurich Cantonalbank raised its holdings in shares of Centrus Energy by 181.8% in the second quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 2,719 shares of the company's stock worth $115,000 after buying an additional 1,754 shares during the last quarter. Heritage Investors Management Corp purchased a new position in shares of Centrus Energy in the third quarter worth $203,000. Finally, The Manufacturers Life Insurance Company purchased a new position in shares of Centrus Energy in the second quarter worth $233,000. Hedge funds and other institutional investors own 49.96% of the company's stock.

Analysts Set New Price Targets

A number of research firms have issued reports on LEU. Roth Mkm decreased their price target on shares of Centrus Energy from $62.00 to $58.00 and set a "neutral" rating for the company in a report on Wednesday, October 30th. Roth Capital cut shares of Centrus Energy from a "strong-buy" rating to a "hold" rating in a report on Thursday, October 10th. Finally, B. Riley raised 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. One 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 company. Based on data from MarketBeat.com, Centrus Energy currently has an average rating of "Hold" and a consensus target price of $92.00.

Centrus Energy Stock Performance

Shares of NYSE:LEU traded down $0.75 during midday trading on Tuesday, reaching $71.86. The company's stock had a trading volume of 501,428 shares, compared to its average volume of 491,732. The firm has a market capitalization of $1.18 billion, a PE ratio of 15.00 and a beta of 1.12. Centrus Energy Corp. has a twelve month low of $33.51 and a twelve month high of $118.36. The stock has a fifty day moving average of $80.45 and a 200 day moving average of $56.04. 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 (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 analysts' consensus estimates of $0.18 by ($0.48). The business had revenue of $57.70 million during the quarter, compared to analyst estimates of $56.50 million. Centrus Energy had a return on equity of 138.38% and a net margin of 19.24%. On average, equities analysts expect that Centrus Energy Corp. will post 2.28 EPS for the current fiscal year.

About Centrus Energy

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.