Rockefeller Capital Management L.P. Acquires 31,408 Shares of Centrus Energy Corp. (NYSE:LEU)

Rockefeller Capital Management L.P. raised its stake in Centrus Energy Corp. (NYSE:LEU - Free Report) by 97.9% in the 3rd quarter, according to its most recent disclosure with the SEC. The fund owned 63,480 shares of the company's stock after purchasing an additional 31,408 shares during the quarter. Rockefeller Capital Management L.P. owned 0.39% of Centrus Energy worth $3,482,000 at the end of the most recent quarter.

A number of other institutional investors have also recently made changes to their positions in LEU. Point72 DIFC Ltd purchased a new stake in shares of Centrus Energy in the 2nd quarter worth about $42,000. Wolff Wiese Magana LLC purchased a new stake in Centrus Energy in the second quarter worth $43,000. nVerses Capital LLC raised its holdings in Centrus Energy by 133.3% in the second quarter. nVerses Capital LLC now owns 1,400 shares of the company's stock worth $60,000 after purchasing an additional 800 shares in the last quarter. Zurcher Kantonalbank Zurich Cantonalbank lifted its position in Centrus Energy by 181.8% during the second quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 2,719 shares of the company's stock valued at $115,000 after buying an additional 1,754 shares during the period. Finally, Heritage Investors Management Corp bought a new stake in shares of Centrus Energy during the 3rd quarter valued at $203,000. Hedge funds and other institutional investors own 49.96% of the company's stock.

Analysts Set New Price Targets

Several research analysts recently issued reports on the stock. B. Riley increased their price target on shares of Centrus Energy from $88.00 to $126.00 and gave the stock a "buy" rating in a research note on Wednesday, October 30th. Roth Mkm decreased their target price on shares of Centrus Energy from $62.00 to $58.00 and set a "neutral" rating for the company in a research note on Wednesday, October 30th. Finally, Roth Capital cut Centrus Energy from a "strong-buy" rating to a "hold" rating in a research report on Thursday, October 10th. One investment analyst has rated the stock with a sell rating, two have issued a hold rating and one has assigned a buy rating to the company's stock. Based on data from MarketBeat, the stock currently has a consensus rating of "Hold" and an average target price of $92.00.

Centrus Energy Stock Down 0.7 %

Centrus Energy stock traded down $0.58 during mid-day trading on Friday, reaching $78.23. The stock had a trading volume of 625,656 shares, compared to its average volume of 490,852. The company has a market capitalization of $1.28 billion, a price-to-earnings ratio of 16.33 and a beta of 1.12. The company has a debt-to-equity ratio of 1.44, a current ratio of 1.63 and a quick ratio of 1.03. Centrus Energy Corp. has a one year low of $33.51 and a one year high of $118.36. The company has a 50-day moving average price of $79.86 and a two-hundred day moving average price of $55.58.

Centrus Energy (NYSE:LEU - Get Free Report) last issued its earnings results on Monday, October 28th. The company reported ($0.30) earnings per share (EPS) for the quarter, missing the consensus estimate of $0.18 by ($0.48). The firm had revenue of $57.70 million during the quarter, compared to the consensus estimate of $56.50 million. Centrus Energy had a return on equity of 138.38% and a net margin of 19.24%. On average, analysts expect that Centrus Energy Corp. will post 2.28 EPS for the current fiscal year.

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.