New York State Common Retirement Fund Reduces Stock Holdings in Centrus Energy Corp. (NYSE:LEU)

New York State Common Retirement Fund trimmed its position in Centrus Energy Corp. (NYSE:LEU - Free Report) by 60.2% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 4,304 shares of the company's stock after selling 6,500 shares during the period. New York State Common Retirement Fund's holdings in Centrus Energy were worth $287,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. JPMorgan Chase & Co. grew its stake 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. Janney Montgomery Scott LLC grew its stake in Centrus Energy by 5.9% in the fourth quarter. Janney Montgomery Scott LLC now owns 10,099 shares of the company's stock worth $673,000 after purchasing an additional 562 shares during the period. Portland Investment Counsel Inc. grew its stake in Centrus Energy by 23.1% in the third quarter. Portland Investment Counsel Inc. now owns 8,000 shares of the company's stock worth $439,000 after purchasing an additional 1,500 shares during the period. Hollow Brook Wealth Management LLC grew its stake in Centrus Energy by 4.1% in the third quarter. Hollow Brook Wealth Management LLC now owns 38,920 shares of the company's stock worth $2,135,000 after purchasing an additional 1,521 shares during the period. Finally, Venturi Wealth Management LLC purchased a new stake in Centrus Energy in the fourth quarter worth $113,000. 49.96% of the stock is owned by hedge funds and other institutional investors.

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Centrus Energy Stock Up 0.1 %

Shares of NYSE:LEU traded up $0.09 on Friday, hitting $79.81. 570,131 shares of the company traded hands, compared to its average volume of 614,871. Centrus Energy Corp. has a 52 week low of $33.51 and a 52 week high of $122.95. The company has a quick ratio of 2.46, a current ratio of 2.93 and a debt-to-equity ratio of 3.09. The stock has a 50 day simple moving average of $87.19 and a 200-day simple moving average of $73.78. The company has a market cap of $1.34 billion, a PE ratio of 18.10 and a beta of 1.35.

Insider Activity

In related news, SVP Larry B. Cutlip sold 4,000 shares of the stock in a transaction on Wednesday, February 12th. The stock was sold at an average price of $120.31, for a total transaction 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. This trade represents a 29.85 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Corporate insiders own 1.00% of the company's stock.

Wall Street Analyst Weigh In

LEU has been the topic of several recent research reports. StockNews.com raised Centrus Energy to a "sell" rating in a research note on Monday, February 10th. HC Wainwright began coverage on Centrus Energy in a report on Tuesday, February 25th. They set a "buy" rating and a $300.00 price target for the company. Finally, Citigroup began coverage on Centrus Energy in a report on Tuesday. They set a "neutral" rating and a $104.00 price target for the company. One equities research analyst has rated the stock with a sell rating, three have given a hold rating and two have assigned a buy rating to the stock. According to data from MarketBeat, the company currently has an average rating of "Hold" and an average price target of $147.00.

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.