Lighthouse Investment Partners LLC acquired a new stake in Centrus Energy Corp. (NYSE:LEU - Free Report) during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm acquired 26,000 shares of the company's stock, valued at approximately $1,732,000. Lighthouse Investment Partners LLC owned approximately 0.16% of Centrus Energy at the end of the most recent quarter.
A number of other hedge funds and other institutional investors have also modified their holdings of LEU. Wellington Management Group LLP acquired a new stake in Centrus Energy during the 4th quarter worth $3,474,000. Barclays PLC raised its stake 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 in the last quarter. Legacy Bridge LLC acquired a new stake in Centrus Energy during the 4th quarter worth $657,000. Exchange Traded Concepts LLC raised its stake in Centrus Energy by 290.9% during 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. Finally, TB Alternative Assets Ltd. acquired a new stake in Centrus Energy during the 4th quarter worth $7,907,000. 49.96% of the stock is currently owned by institutional investors and hedge funds.
Centrus Energy Stock Performance
Shares of NYSE:LEU traded down $0.56 during midday trading on Friday, hitting $95.75. The stock had a trading volume of 563,060 shares, compared to its average volume of 708,872. The company has a market capitalization of $1.61 billion, a PE ratio of 21.71 and a beta of 1.14. The stock has a 50 day moving average price of $71.42 and a two-hundred day moving average price of $79.28. 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 1 year low of $33.51 and a 1 year high of $122.95.
Centrus Energy (NYSE:LEU - Get Free Report) last released its quarterly earnings data on Wednesday, May 7th. The company reported $1.60 EPS for the quarter, topping analysts' consensus estimates of ($0.08) by $1.68. Centrus Energy had a net margin of 16.56% and a return on equity of 84.09%. The company's revenue was up 67.3% compared to the same quarter last year. During the same quarter in the prior year, the company earned ($0.38) EPS. As a group, equities analysts predict that Centrus Energy Corp. will post 2.63 earnings per share for the current fiscal year.
Wall Street Analyst Weigh In
LEU has been the topic of a number of recent research reports. Citigroup initiated coverage on shares of Centrus Energy in a research note on Tuesday, March 4th. They issued a "neutral" rating and a $104.00 price objective on the stock. StockNews.com upgraded shares of 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 note on Tuesday, February 25th. They issued a "buy" rating and a $300.00 price objective on the stock. Craig Hallum initiated coverage on shares of Centrus Energy in a research note on Tuesday, April 1st. They issued a "buy" rating and a $129.00 price objective on the stock. Finally, Evercore ISI initiated coverage on shares of Centrus Energy in a research note on Wednesday. They issued an "outperform" rating and a $145.00 price objective on the stock. One investment analyst has rated the stock with a sell rating, three have assigned a hold rating and four have assigned a buy rating to the company's stock. According to MarketBeat.com, Centrus Energy presently has an average rating of "Hold" and a consensus price target of $143.67.
Read Our Latest Research Report on LEU
Insider Buying and Selling
In related news, SVP John M. A. Donelson sold 3,732 shares of the business's stock in a transaction dated Tuesday, May 13th. The shares were sold at an average price of $96.31, for a total transaction of $359,428.92. The transaction was disclosed in a filing with the SEC, which is accessible through this link. 1.00% of the stock is owned by insiders.
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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