Decade Renewable Partners LP Invests $1.48 Million in Centrus Energy Corp. (NYSE:LEU)

Decade Renewable Partners LP bought a new position in shares of Centrus Energy Corp. (NYSE:LEU - Free Report) during the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor bought 34,600 shares of the company's stock, valued at approximately $1,479,000. Decade Renewable Partners LP owned about 0.22% of Centrus Energy as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors also recently made changes to their positions in LEU. Vanguard Group Inc. lifted its holdings in Centrus Energy by 2.3% during the 1st quarter. Vanguard Group Inc. now owns 766,064 shares of the company's stock worth $31,815,000 after buying an additional 17,033 shares in the last quarter. Price T Rowe Associates Inc. MD boosted its holdings in Centrus Energy by 15.8% in the first quarter. Price T Rowe Associates Inc. MD now owns 338,250 shares of the company's stock valued at $14,048,000 after acquiring an additional 46,254 shares during the last quarter. Sara Bay Financial boosted its holdings in Centrus Energy by 3.9% in the second quarter. Sara Bay Financial now owns 337,201 shares of the company's stock valued at $14,415,000 after acquiring an additional 12,514 shares during the last quarter. Dimensional Fund Advisors LP increased its position in Centrus Energy by 3.0% in the second quarter. Dimensional Fund Advisors LP now owns 297,708 shares of the company's stock worth $12,727,000 after purchasing an additional 8,678 shares during the period. Finally, Bank of New York Mellon Corp raised its holdings in Centrus Energy by 382.1% during the 2nd quarter. Bank of New York Mellon Corp now owns 222,607 shares of the company's stock worth $9,516,000 after purchasing an additional 176,431 shares during the last quarter. 49.96% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Several equities analysts recently weighed in on LEU shares. Roth Mkm cut their price objective on shares of Centrus Energy from $62.00 to $55.00 and set a "buy" rating on the stock in a report on Thursday, August 8th. StockNews.com raised Centrus Energy to a "sell" rating in a research note on Wednesday, August 7th.

Centrus Energy Trading Down 0.6 %

Shares of NYSE:LEU traded down $0.35 during mid-day trading on Thursday, reaching $54.69. The stock had a trading volume of 409,126 shares, compared to its average volume of 237,749. The firm has a market cap of $890.35 million, a PE ratio of 12.04 and a beta of 1.31. The firm has a 50 day simple moving average of $40.43 and a two-hundred day simple moving average of $42.42. The company has a current ratio of 1.52, a quick ratio of 1.02 and a debt-to-equity ratio of 1.47. Centrus Energy Corp. has a twelve month low of $33.51 and a twelve month high of $61.35.

Centrus Energy (NYSE:LEU - Get Free Report) last announced its quarterly earnings results on Tuesday, August 6th. The company reported $1.89 earnings per share for the quarter, topping analysts' consensus estimates of $0.77 by $1.12. Centrus Energy had a net margin of 22.96% and a return on equity of 299.92%. The company had revenue of $189.00 million for the quarter, compared to analysts' expectations of $82.70 million. On average, research analysts predict that Centrus Energy Corp. will post 3.06 EPS for the current fiscal year.

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.