Hanseatic Management Services Inc. Takes Position in Centrus Energy Corp. (NYSE:LEU)

Hanseatic Management Services Inc. acquired a new position in shares of Centrus Energy Corp. (NYSE:LEU - Free Report) in the 4th quarter, according to its most recent Form 13F filing with the SEC. The firm acquired 6,337 shares of the company's stock, valued at approximately $422,000.

Several other hedge funds and other institutional investors also recently modified their holdings of LEU. SeaCrest Wealth Management LLC increased its holdings in shares of Centrus Energy by 131.1% in the 4th quarter. SeaCrest Wealth Management LLC now owns 11,715 shares of the company's stock valued at $780,000 after acquiring an additional 6,645 shares during the last quarter. JPMorgan Chase & Co. boosted its holdings in Centrus Energy by 3.0% in the third quarter. JPMorgan Chase & Co. now owns 6,288 shares of the company's stock worth $345,000 after purchasing an additional 186 shares during the period. Tidal Investments LLC bought a new stake in Centrus Energy during the third quarter valued at $334,000. Geode Capital Management LLC increased its stake in Centrus Energy by 4.9% during the third quarter. Geode Capital Management LLC now owns 319,935 shares of the company's stock valued at $17,552,000 after purchasing an additional 15,080 shares during the last quarter. Finally, Barclays PLC lifted its position in shares of Centrus Energy by 103.8% in the 3rd quarter. Barclays PLC now owns 37,588 shares of the company's stock worth $2,061,000 after buying an additional 19,140 shares during the last quarter. Institutional investors own 49.96% of the company's stock.

Analyst Ratings Changes

LEU has been the subject of a number of recent research reports. Roth Mkm lowered their price objective on shares of 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 upped their target price 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 lowered Centrus Energy from a "strong-buy" rating to a "hold" rating in a research report on Thursday, October 10th. One equities research analyst has rated the stock with a sell rating, two have assigned a hold rating and one has issued a buy rating to the stock. Based on data from MarketBeat.com, the company currently has a consensus rating of "Hold" and an average price target of $92.00.

Centrus Energy Stock Performance

Centrus Energy stock traded up $3.77 during midday trading on Friday, reaching $77.83. 698,665 shares of the stock traded hands, compared to its average volume of 508,455. The firm has a fifty day moving average price of $75.49 and a two-hundred day moving average price of $61.47. Centrus Energy Corp. has a fifty-two week low of $33.51 and a fifty-two week high of $118.36. The firm has a market cap of $1.28 billion, a price-to-earnings ratio of 16.25 and a beta of 1.17. The company has a current ratio of 1.63, a quick ratio of 1.03 and a debt-to-equity ratio of 1.44.

Centrus Energy (NYSE:LEU - Get Free Report) last issued its quarterly earnings data on Monday, October 28th. The company reported ($0.30) earnings per share (EPS) 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 the consensus estimate of $56.50 million. Centrus Energy had a return on equity of 138.38% and a net margin of 19.24%. On average, equities research analysts forecast that Centrus Energy Corp. will post 2.28 earnings per share for the current year.

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.