Centrus Energy Corp. (NYSE:LEU) Shares Sold by State Street Corp

State Street Corp reduced its position in Centrus Energy Corp. (NYSE:LEU - Free Report) by 5.4% in the 3rd quarter, according to its most recent filing with the SEC. The fund owned 671,769 shares of the company's stock after selling 38,528 shares during the period. State Street Corp owned 4.10% of Centrus Energy worth $36,847,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in LEU. Bank of New York Mellon Corp raised its holdings in shares of Centrus Energy by 382.1% in the second quarter. Bank of New York Mellon Corp now owns 222,607 shares of the company's stock valued at $9,516,000 after buying an additional 176,431 shares during the last quarter. Zurcher Kantonalbank Zurich Cantonalbank raised its stake in Centrus Energy by 181.8% during the 2nd quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 2,719 shares of the company's stock valued at $115,000 after acquiring an additional 1,754 shares during the last quarter. nVerses Capital LLC lifted its position in Centrus Energy by 133.3% during the 2nd quarter. nVerses Capital LLC now owns 1,400 shares of the company's stock worth $60,000 after acquiring an additional 800 shares during the period. Rhumbline Advisers grew its stake in shares of Centrus Energy by 4.1% in the 2nd quarter. Rhumbline Advisers now owns 23,151 shares of the company's stock valued at $990,000 after purchasing an additional 917 shares during the last quarter. Finally, Victory Capital Management Inc. increased its holdings in shares of Centrus Energy by 26.9% in the second quarter. Victory Capital Management Inc. now owns 7,557 shares of the company's stock valued at $323,000 after purchasing an additional 1,600 shares during the period. Hedge funds and other institutional investors own 49.96% of the company's stock.

Analyst Ratings Changes

LEU has been the subject of several recent research reports. Roth Capital downgraded Centrus Energy from a "strong-buy" rating to a "hold" rating in a report on Thursday, October 10th. B. Riley lifted their target price 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. Finally, Roth Mkm cut their price target on shares of Centrus Energy from $62.00 to $58.00 and set a "neutral" rating for the company in a report on Wednesday, October 30th. One analyst has rated the stock with a sell rating, two have assigned a hold rating and one has issued a buy rating to the company's stock. According to data from MarketBeat, Centrus Energy presently has a consensus rating of "Hold" and an average target price of $92.00.

Centrus Energy Price Performance

Centrus Energy stock traded down $1.43 during midday trading on Friday, reaching $66.80. The company's stock had a trading volume of 720,764 shares, compared to its average volume of 497,677. The firm has a market capitalization of $1.10 billion, a PE ratio of 13.95 and a beta of 1.12. Centrus Energy Corp. has a fifty-two week low of $33.51 and a fifty-two week high of $118.36. The stock's 50 day simple moving average is $81.84 and its 200 day simple moving average is $57.29. The company has a debt-to-equity ratio of 1.44, a quick ratio of 1.03 and a current ratio of 1.63.

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

Centrus Energy Company 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.