Victory Capital Management Inc. Has $901,000 Stock Holdings in Centrus Energy Corp. (NYSE:LEU)

Victory Capital Management Inc. raised its stake in shares of Centrus Energy Corp. (NYSE:LEU - Free Report) by 117.4% during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 16,431 shares of the company's stock after acquiring an additional 8,874 shares during the quarter. Victory Capital Management Inc. owned approximately 0.10% of Centrus Energy worth $901,000 at the end of the most recent quarter.

Several other hedge funds also recently added to or reduced their stakes in LEU. Vanguard Group Inc. boosted its holdings in Centrus Energy by 2.3% in the first quarter. Vanguard Group Inc. now owns 766,064 shares of the company's stock worth $31,815,000 after purchasing an additional 17,033 shares during the period. Price T Rowe Associates Inc. MD raised its position in shares of Centrus Energy by 15.8% during the first quarter. Price T Rowe Associates Inc. MD now owns 338,250 shares of the company's stock worth $14,048,000 after purchasing an additional 46,254 shares during the period. Sara Bay Financial lifted its stake in Centrus Energy by 3.9% during the second quarter. Sara Bay Financial now owns 337,201 shares of the company's stock valued at $14,415,000 after buying an additional 12,514 shares in the last quarter. Dimensional Fund Advisors LP boosted its stake in Centrus Energy by 3.0% in the 2nd quarter. Dimensional Fund Advisors LP now owns 297,708 shares of the company's stock worth $12,727,000 after purchasing an additional 8,678 shares during the period. Finally, Bank of New York Mellon Corp boosted its position 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 worth $9,516,000 after buying an additional 176,431 shares during the period. 49.96% of the stock is owned by institutional investors and hedge funds.

Centrus Energy Price Performance

Shares of Centrus Energy stock traded up $1.04 during midday trading on Thursday, reaching $82.49. The company had a trading volume of 787,072 shares, compared to its average volume of 480,040. The stock has a fifty day simple moving average of $75.67 and a 200 day simple moving average of $53.90. Centrus Energy Corp. has a 1-year low of $33.51 and a 1-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. The company has a market capitalization of $1.35 billion, a price-to-earnings ratio of 17.26 and a beta of 1.19.

Centrus Energy (NYSE:LEU - Get Free Report) last posted its quarterly 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 net margin of 19.24% and a return on equity of 138.38%. As a group, equities research analysts forecast that Centrus Energy Corp. will post 2.28 earnings per share for the current year.

Wall Street Analyst Weigh In

LEU has been the subject of a number of recent research reports. StockNews.com raised Centrus Energy to a "sell" rating in a research note on Wednesday, August 7th. B. Riley increased their price objective on Centrus Energy from $88.00 to $126.00 and gave the company a "buy" rating in a research report on Wednesday, October 30th. Roth Mkm lowered 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. Finally, Roth Capital cut Centrus Energy from a "strong-buy" rating to a "hold" rating in a research report on Thursday, October 10th. One equities research 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.com, Centrus Energy currently has an average rating of "Hold" and a consensus target price of $92.00.

Centrus Energy 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.