Vanguard Group Inc. increased its holdings in shares of Centrus Energy Corp. (NYSE:LEU - Free Report) by 8.0% during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 967,393 shares of the company's stock after acquiring an additional 71,872 shares during the period. Vanguard Group Inc. owned about 5.90% of Centrus Energy worth $64,438,000 at the end of the most recent reporting period.
Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Reaves W H & Co. Inc. acquired a new stake in shares of Centrus Energy during the 4th quarter worth about $15,215,000. TB Alternative Assets Ltd. bought a new position in shares of Centrus Energy in the fourth quarter valued at approximately $7,907,000. Exchange Traded Concepts LLC boosted its holdings in shares of Centrus Energy by 290.9% in the 4th quarter. Exchange Traded Concepts LLC now owns 71,040 shares of the company's stock worth $4,732,000 after acquiring an additional 52,866 shares in the last quarter. Barclays PLC grew its position in Centrus Energy by 103.8% during the 3rd quarter. Barclays PLC now owns 37,588 shares of the company's stock worth $2,061,000 after acquiring an additional 19,140 shares during the last quarter. Finally, Virtu Financial LLC acquired a new stake in Centrus Energy during the 4th quarter valued at $1,195,000. Institutional investors own 49.96% of the company's stock.
Insiders Place Their Bets
In other Centrus Energy news, SVP Larry B. Cutlip sold 4,000 shares of the business's stock in a transaction dated 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 transaction, the senior vice president now directly owns 9,402 shares of the company's stock, valued at approximately $1,131,154.62. The trade was a 29.85 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Company insiders own 1.00% of the company's stock.
Centrus Energy Trading Up 2.5 %
Shares of LEU stock traded up $1.64 on Thursday, reaching $66.79. The company had a trading volume of 98,507 shares, compared to its average volume of 784,404. The company has a 50-day moving average of $79.99 and a 200-day moving average of $78.90. Centrus Energy Corp. has a 12 month low of $33.51 and a 12 month high of $122.94. The stock has a market cap of $1.12 billion, a PE ratio of 15.14 and a beta of 1.26. The company has a current ratio of 2.93, a quick ratio of 2.46 and a debt-to-equity ratio of 3.09.
Analyst Ratings Changes
A number of equities analysts have commented on LEU shares. StockNews.com raised Centrus Energy to a "sell" rating in a research note on Monday, February 10th. HC Wainwright initiated coverage on shares of Centrus Energy in a research report on Tuesday, February 25th. They set a "buy" rating and a $300.00 price target on the stock. Citigroup initiated coverage on shares of Centrus Energy in a research report on Tuesday, March 4th. They issued a "neutral" rating and a $104.00 price objective for the company. Finally, Craig Hallum assumed coverage on Centrus Energy in a research report on Tuesday, April 1st. They set a "buy" rating and a $129.00 target price for the company. One analyst has rated the stock with a sell rating, three have assigned a hold rating and three have issued a buy rating to the stock. According to data from MarketBeat, the stock has a consensus rating of "Hold" and an average target price of $143.40.
Read Our Latest Report on LEU
About Centrus Energy
(
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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