Virtu Financial LLC Purchases New Shares in Centrus Energy Corp. (NYSE:LEU)

Virtu Financial LLC acquired a new stake in shares of Centrus Energy Corp. (NYSE:LEU - Free Report) during the fourth quarter, according to its most recent filing with the SEC. The fund acquired 17,940 shares of the company's stock, valued at approximately $1,195,000. Virtu Financial LLC owned 0.11% of Centrus Energy as of its most recent filing with the SEC.

Several other large investors have also added to or reduced their stakes in LEU. Cape Investment Advisory Inc. purchased a new position in shares of Centrus Energy during the 4th quarter valued at $27,000. PNC Financial Services Group Inc. grew its position in Centrus Energy by 77.4% during the fourth quarter. PNC Financial Services Group Inc. now owns 440 shares of the company's stock worth $29,000 after buying an additional 192 shares in the last quarter. Farther Finance Advisors LLC increased its stake in Centrus Energy by 33,333.3% in the 4th quarter. Farther Finance Advisors LLC now owns 1,003 shares of the company's stock worth $67,000 after acquiring an additional 1,000 shares during the last quarter. Venturi Wealth Management LLC purchased a new stake in shares of Centrus Energy in the 4th quarter valued at about $113,000. Finally, Canton Hathaway LLC bought a new stake in shares of Centrus Energy during the 4th quarter valued at about $161,000. Institutional investors own 49.96% of the company's stock.

Analyst Upgrades and Downgrades

LEU has been the topic of several research analyst reports. StockNews.com upgraded shares of Centrus Energy to a "sell" rating in a research report 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 objective on the stock. Finally, Citigroup began coverage on shares of Centrus Energy in a report on Tuesday, March 4th. They set a "neutral" rating and a $104.00 price objective for the company. One equities research analyst has rated the stock with a sell rating, three have assigned a hold rating and two have issued a buy rating to the stock. According to MarketBeat.com, Centrus Energy has an average rating of "Hold" and an average target price of $147.00.

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Centrus Energy Price Performance

Shares of LEU stock traded down $0.89 during trading hours on Thursday, hitting $69.10. 410,795 shares of the company's stock were exchanged, compared to its average volume of 632,303. The company has a current ratio of 2.93, a quick ratio of 2.46 and a debt-to-equity ratio of 3.09. Centrus Energy Corp. has a 12-month low of $33.51 and a 12-month high of $122.95. The business's 50 day simple moving average is $87.68 and its 200-day simple moving average is $77.30. The company has a market capitalization of $1.16 billion, a PE ratio of 15.67 and a beta of 1.35.

Insiders Place Their Bets

In other news, SVP Larry B. Cutlip sold 4,000 shares of the stock in a transaction dated Wednesday, February 12th. The shares were sold at an average price of $120.31, for a total transaction of $481,240.00. Following the completion of the sale, the senior vice president now directly owns 9,402 shares in the company, valued at approximately $1,131,154.62. This represents a 29.85 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Insiders own 1.00% of the company's stock.

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.