SeaCrest Wealth Management LLC raised its holdings in Centrus Energy Corp. (NYSE:LEU - Free Report) by 131.1% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm owned 11,715 shares of the company's stock after acquiring an additional 6,645 shares during the quarter. SeaCrest Wealth Management LLC owned 0.07% of Centrus Energy worth $780,000 as of its most recent filing with the SEC.
Several other institutional investors also recently made changes to their positions in LEU. JPMorgan Chase & Co. raised its holdings in Centrus Energy by 3.0% in the 3rd quarter. JPMorgan Chase & Co. now owns 6,288 shares of the company's stock valued at $345,000 after acquiring an additional 186 shares during the last quarter. Tidal Investments LLC purchased a new stake in shares of Centrus Energy during the 3rd quarter valued at $334,000. Geode Capital Management LLC increased its holdings in shares of Centrus Energy by 4.9% during the 3rd quarter. Geode Capital Management LLC now owns 319,935 shares of the company's stock worth $17,552,000 after buying an additional 15,080 shares during the last quarter. Barclays PLC raised its position in shares of Centrus Energy by 103.8% in the 3rd quarter. Barclays PLC now owns 37,588 shares of the company's stock worth $2,061,000 after buying an additional 19,140 shares during the period. Finally, XTX Topco Ltd acquired a new position in Centrus Energy in the third quarter valued at $615,000. 49.96% of the stock is currently owned by hedge funds and other institutional investors.
Wall Street Analysts Forecast Growth
LEU has been the topic of several research reports. B. Riley raised their price target on shares of Centrus Energy from $88.00 to $126.00 and gave the company a "buy" rating in a report on Wednesday, October 30th. Roth Capital lowered shares of Centrus Energy from a "strong-buy" rating to a "hold" rating in a research note on Thursday, October 10th. Finally, Roth Mkm cut their price target on Centrus Energy from $62.00 to $58.00 and set a "neutral" rating on the stock in a research note on Wednesday, October 30th. One research analyst has rated the stock with a sell rating, two have issued a hold rating and one has issued a buy rating to the company's stock. According to data from MarketBeat.com, Centrus Energy presently has an average rating of "Hold" and an average target price of $92.00.
Check Out Our Latest Report on Centrus Energy
Centrus Energy Price Performance
LEU traded up $0.69 on Thursday, reaching $74.31. The company had a trading volume of 223,908 shares, compared to its average volume of 569,197. The company has a fifty day moving average of $76.03 and a 200-day moving average of $60.86. The company has a market capitalization of $1.22 billion, a P/E ratio of 15.57 and a beta of 1.17. Centrus Energy Corp. has a one year low of $33.51 and a one year high of $118.36. The company has a current ratio of 1.63, a quick ratio of 1.03 and a debt-to-equity ratio of 1.44.
Centrus Energy (NYSE:LEU - Get Free Report) last released its earnings results on Monday, October 28th. The company reported ($0.30) EPS for the quarter, missing analysts' consensus estimates of $0.18 by ($0.48). Centrus Energy had a return on equity of 138.38% and a net margin of 19.24%. The business had revenue of $57.70 million during the quarter, compared to the consensus estimate of $56.50 million. As a group, equities research analysts anticipate that Centrus Energy Corp. will post 2.28 earnings per share for the current year.
Centrus Energy Company Profile
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Free Report)
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.
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