LPL Financial LLC Purchases 6,744 Shares of Centrus Energy Corp. (NYSE:LEU)

LPL Financial LLC lifted its stake in Centrus Energy Corp. (NYSE:LEU - Free Report) by 21.4% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 38,211 shares of the company's stock after buying an additional 6,744 shares during the period. LPL Financial LLC owned approximately 0.23% of Centrus Energy worth $2,545,000 as of its most recent SEC filing.

Other large investors have also recently modified their holdings of the company. Geode Capital Management LLC boosted its position in Centrus Energy by 4.9% during the 3rd quarter. Geode Capital Management LLC now owns 319,935 shares of the company's stock valued at $17,552,000 after buying an additional 15,080 shares during the period. Reaves W H & Co. Inc. bought a new position in shares of Centrus Energy during the fourth quarter valued at about $15,215,000. Charles Schwab Investment Management Inc. boosted its holdings in shares of Centrus Energy by 5.9% during the fourth quarter. Charles Schwab Investment Management Inc. now owns 121,392 shares of the company's stock worth $8,086,000 after purchasing an additional 6,709 shares during the period. TB Alternative Assets Ltd. bought a new stake in shares of Centrus Energy in the fourth quarter worth about $7,907,000. Finally, Exchange Traded Concepts LLC increased its holdings in Centrus Energy by 290.9% during the 4th quarter. Exchange Traded Concepts LLC now owns 71,040 shares of the company's stock valued at $4,732,000 after purchasing an additional 52,866 shares during the period. Hedge funds and other institutional investors own 49.96% of the company's stock.

Analyst Upgrades and Downgrades

Several equities research analysts have weighed in on LEU shares. StockNews.com upgraded Centrus Energy to a "sell" rating in a report on Monday, February 10th. Craig Hallum initiated coverage on Centrus Energy in a research note on Tuesday, April 1st. They issued a "buy" rating and a $129.00 price target for the company. HC Wainwright started coverage on shares of Centrus Energy in a report on Tuesday, February 25th. They issued a "buy" rating and a $300.00 price target on the stock. Finally, Citigroup started coverage on shares of Centrus Energy in a report on Tuesday, March 4th. They issued a "neutral" rating and a $104.00 price objective for the company. One equities research analyst has rated the stock with a sell rating, three have given a hold rating and three have assigned a buy rating to the stock. Based on data from MarketBeat, the stock has a consensus rating of "Hold" and an average target price of $143.40.

Insider Activity

In other news, SVP Larry B. Cutlip sold 4,000 shares of the business's stock in a transaction that occurred on Wednesday, February 12th. The stock was sold at an average price of $120.31, for a total value of $481,240.00. Following the sale, the senior vice president now directly owns 9,402 shares of the company's stock, valued at $1,131,154.62. The trade was a 29.85 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Company insiders own 1.00% of the company's stock.

Centrus Energy Stock Up 3.2 %

Shares of NYSE LEU traded up $2.11 during mid-day trading on Friday, hitting $67.26. 441,017 shares of the stock traded hands, compared to its average volume of 672,012. The company has a market cap of $1.13 billion, a price-to-earnings ratio of 15.25 and a beta of 1.26. The stock has a fifty day moving average price of $79.05 and a 200-day moving average price of $78.98. Centrus Energy Corp. has a 52 week low of $33.51 and a 52 week 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.

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.