Kovitz Investment Group Partners LLC bought a new stake in shares of Centrus Energy Corp. (NYSE:LEU - Free Report) during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund bought 29,890 shares of the company's stock, valued at approximately $1,639,000. Kovitz Investment Group Partners LLC owned approximately 0.18% of Centrus Energy as of its most recent filing with the Securities and Exchange Commission.
Several other hedge funds also recently bought and sold shares of the company. Point72 DIFC Ltd bought a new stake in shares of Centrus Energy during the second quarter valued at approximately $42,000. nVerses Capital LLC grew its stake 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 in the last quarter. Zurcher Kantonalbank Zurich Cantonalbank increased its holdings in Centrus Energy by 181.8% in the 2nd quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 2,719 shares of the company's stock valued at $115,000 after acquiring an additional 1,754 shares during the last quarter. Heritage Investors Management Corp purchased a new stake in Centrus Energy in the 3rd quarter worth $203,000. Finally, The Manufacturers Life Insurance Company bought a new position in shares of Centrus Energy during the 2nd quarter valued at about $233,000. Institutional investors own 49.96% of the company's stock.
Centrus Energy Trading Up 5.0 %
Shares of NYSE:LEU traded up $3.55 during trading on Wednesday, reaching $75.12. The company's stock had a trading volume of 993,302 shares, compared to its average volume of 493,854. The firm's 50 day simple moving average is $80.45 and its two-hundred day simple moving average is $56.04. 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 Corp. has a 12 month low of $33.51 and a 12 month high of $118.36. The stock has a market capitalization of $1.23 billion, a PE ratio of 16.03 and a beta of 1.12.
Centrus Energy (NYSE:LEU - Get Free Report) last posted its quarterly earnings data on Monday, October 28th. The company reported ($0.30) earnings per share (EPS) for the quarter, missing the consensus estimate of $0.18 by ($0.48). The company had revenue of $57.70 million during the quarter, compared to the consensus estimate of $56.50 million. Centrus Energy had a net margin of 19.24% and a return on equity of 138.38%. On average, research analysts predict that Centrus Energy Corp. will post 2.28 EPS for the current fiscal year.
Analyst Upgrades and Downgrades
LEU has been the topic of a number of research analyst reports. B. Riley boosted their target price on Centrus Energy from $88.00 to $126.00 and gave the stock a "buy" rating in a research report on Wednesday, October 30th. Roth Capital cut Centrus Energy from a "strong-buy" rating to a "hold" rating in a report on Thursday, October 10th. Finally, Roth Mkm lowered their target price 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. One research analyst has rated the stock with a sell rating, two have issued a hold rating and one has issued a buy rating to the stock. According to MarketBeat, Centrus Energy has an average rating of "Hold" and a consensus target price of $92.00.
Get Our Latest Stock Report on LEU
Centrus Energy Company Profile
(
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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