Raymond James Financial Inc. Purchases Shares of 5,556 Centrus Energy Corp. (NYSE:LEU)

Raymond James Financial Inc. acquired a new position in shares of Centrus Energy Corp. (NYSE:LEU - Free Report) in the 4th quarter, according to the company in its most recent filing with the SEC. The fund acquired 5,556 shares of the company's stock, valued at approximately $370,000.

Other large investors have also modified their holdings of the company. Cape Investment Advisory Inc. purchased a new stake in shares of Centrus Energy in the 4th quarter valued at $27,000. Venturi Wealth Management LLC purchased a new position in shares of Centrus Energy during the 4th quarter valued at approximately $113,000. Canton Hathaway LLC acquired a new position in shares of Centrus Energy in the 4th quarter valued at $161,000. Financial Advocates Investment Management purchased a new stake in Centrus Energy during the fourth quarter worth $216,000. Finally, SBI Securities Co. Ltd. acquired a new position in shares of Centrus Energy in the fourth quarter worth about $225,000. Hedge funds and other institutional investors own 49.96% of the company's stock.

Insider Buying and Selling at Centrus Energy

In related news, SVP Larry B. Cutlip sold 4,000 shares of the company'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 transaction, the senior vice president now directly owns 9,402 shares in the company, valued at approximately $1,131,154.62. This represents a 29.85 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. 1.00% of the stock is currently owned by company insiders.

Wall Street Analysts Forecast Growth

LEU has been the subject of a number of analyst reports. HC Wainwright initiated coverage on Centrus Energy in a report on Tuesday, February 25th. They issued a "buy" rating and a $300.00 price target for the company. StockNews.com raised shares of Centrus Energy to a "sell" rating in a report on Monday, February 10th. Craig Hallum assumed coverage on shares of Centrus Energy in a research note on Tuesday, April 1st. They issued a "buy" rating and a $129.00 price target on the stock. Finally, Citigroup assumed coverage on Centrus Energy in a research report on Tuesday, March 4th. They set a "neutral" rating and a $104.00 price target for the company. One research analyst has rated the stock with a sell rating, three have given a hold rating and three have given a buy rating to the company. According to MarketBeat.com, the company has a consensus rating of "Hold" and an average target price of $143.40.

Centrus Energy Trading Down 1.4 %

Shares of NYSE LEU traded down $0.93 during trading on Tuesday, hitting $63.95. 48,845 shares of the company were exchanged, compared to its average volume of 665,294. 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 Corp. has a 12-month low of $33.51 and a 12-month high of $122.95. The company has a fifty day moving average price of $81.23 and a 200-day moving average price of $79.10. The firm has a market capitalization of $1.07 billion, a PE ratio of 14.49 and a beta of 1.26.

About Centrus Energy

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.