228,413 Shares in Centrus Energy Corp. (NYSE:LEU) Bought by Reaves W H & Co. Inc.

Reaves W H & Co. 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 Form 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 228,413 shares of the company's stock, valued at approximately $15,215,000. Reaves W H & Co. Inc. owned approximately 1.39% of Centrus Energy at the end of the most recent quarter.

Other institutional investors also recently modified their holdings of the company. FMR LLC increased its holdings in shares of Centrus Energy by 79.3% in the 3rd quarter. FMR LLC now owns 426,249 shares of the company's stock worth $23,380,000 after buying an additional 188,478 shares during the last quarter. TB Alternative Assets Ltd. purchased a new stake in Centrus Energy during the fourth quarter valued at about $7,907,000. Exchange Traded Concepts LLC lifted its stake in Centrus Energy by 290.9% during the fourth quarter. Exchange Traded Concepts LLC now owns 71,040 shares of the company's stock worth $4,732,000 after purchasing an additional 52,866 shares during the last quarter. L & S Advisors Inc purchased a new position in shares of Centrus Energy in the 3rd quarter worth about $2,089,000. Finally, Daiwa Securities Group Inc. bought a new position in shares of Centrus Energy during the 3rd quarter valued at about $1,895,000. 49.96% of the stock is currently owned by institutional investors.

Centrus Energy Trading Up 0.1 %

Centrus Energy stock traded up $0.09 during trading hours on Friday, reaching $79.81. The company had a trading volume of 570,131 shares, compared to its average volume of 613,305. The firm has a market cap of $1.34 billion, a price-to-earnings ratio of 18.10 and a beta of 1.35. Centrus Energy Corp. has a 12-month low of $33.51 and a 12-month high of $122.95. The company has a debt-to-equity ratio of 3.09, a current ratio of 2.93 and a quick ratio of 2.46. The company has a 50-day moving average price of $87.01 and a 200 day moving average price of $73.50.

Remove Ads

Insider Activity at Centrus Energy

In related news, SVP Larry B. Cutlip sold 4,000 shares of the firm's stock in a transaction 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 completion of the sale, the senior vice president now 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 sale was disclosed in a legal filing with the SEC, which is available through this link. 1.00% of the stock is owned by company insiders.

Analyst Ratings Changes

A number of analysts recently weighed in on LEU shares. StockNews.com upgraded Centrus Energy to a "sell" rating in a research report on Monday, February 10th. Citigroup began coverage on shares of Centrus Energy in a report on Tuesday. They issued a "neutral" rating and a $104.00 price objective for the company. Finally, HC Wainwright began coverage on shares of Centrus Energy in a report on Tuesday, February 25th. They set a "buy" rating and a $300.00 target price on the stock. One research analyst has rated the stock with a sell rating, three have issued a hold rating and two have given a buy rating to the company's stock. According to data from MarketBeat.com, the company presently has a consensus rating of "Hold" and a consensus target price of $147.00.

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.