Kennondale Capital Management LLC acquired a new stake in Centrus Energy Corp. (NYSE:LEU - Free Report) in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 4,514 shares of the company's stock, valued at approximately $301,000.
Other hedge funds also recently added to or reduced their stakes in the company. Royce & Associates LP purchased a new stake in Centrus Energy in the 4th quarter worth approximately $400,000. Commonwealth Equity Services LLC boosted its holdings in shares of Centrus Energy by 58.2% in the 4th quarter. Commonwealth Equity Services LLC now owns 6,479 shares of the company's stock valued at $432,000 after purchasing an additional 2,384 shares during the last quarter. Swiss National Bank boosted its holdings in shares of Centrus Energy by 2.6% in the 4th 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 during the last quarter. Farther Finance Advisors LLC boosted its holdings in shares of Centrus Energy by 33,333.3% in the 4th quarter. Farther Finance Advisors LLC now owns 1,003 shares of the company's stock valued at $67,000 after purchasing an additional 1,000 shares during the last quarter. Finally, Prosperity Wealth Management Inc. acquired a new position in shares of Centrus Energy in the 4th quarter valued at $309,000. 49.96% of the stock is owned by hedge funds and other institutional investors.
Analyst Upgrades and Downgrades
Several equities analysts recently weighed in on LEU shares. Citigroup started coverage on shares of Centrus Energy in a report on Tuesday, March 4th. They set a "neutral" rating and a $104.00 target price on the stock. StockNews.com upgraded shares of Centrus Energy to a "sell" rating in a report on Monday, February 10th. Finally, HC Wainwright started coverage on shares of Centrus Energy in a report on Tuesday, February 25th. They set a "buy" rating and a $300.00 target price on the stock. One investment analyst has rated the stock with a sell rating, three have given a hold rating and two have given a buy rating to the company's stock. According to MarketBeat, Centrus Energy has a consensus rating of "Hold" and a consensus price target of $147.00.
Read Our Latest Stock Report on LEU
Centrus Energy Price Performance
Shares of NYSE:LEU traded down $0.26 during trading on Friday, reaching $74.02. The company had a trading volume of 667,295 shares, compared to its average volume of 629,347. The firm's fifty day moving average is $87.54 and its 200 day moving average is $76.24. The firm has a market capitalization of $1.24 billion, a PE ratio of 16.78 and a beta of 1.35. Centrus Energy Corp. has a twelve month low of $33.51 and a twelve month high of $122.95. The company has a debt-to-equity ratio of 3.09, a quick ratio of 2.46 and a current ratio of 2.93.
Insider Activity at Centrus Energy
In other Centrus Energy news, SVP Larry B. Cutlip sold 4,000 shares of the company's stock in a transaction that occurred on Wednesday, February 12th. The shares were sold at an average price of $120.31, for a total value of $481,240.00. Following the transaction, the senior vice president now owns 9,402 shares in the company, valued at approximately $1,131,154.62. This represents a 29.85 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Company insiders own 1.00% of the company's stock.
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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