418,560 Shares in Centrus Energy Corp. (NYSE:LEU) Acquired by Anatole Investment Management Ltd

Anatole Investment Management Ltd acquired a new position in Centrus Energy Corp. (NYSE:LEU - Free Report) in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund acquired 418,560 shares of the company's stock, valued at approximately $27,880,000. Centrus Energy accounts for approximately 12.8% of Anatole Investment Management Ltd's portfolio, making the stock its 4th largest holding. Anatole Investment Management Ltd owned about 2.55% of Centrus Energy at the end of the most recent reporting period.

A number of other hedge funds also recently bought and sold shares of the company. Cape Investment Advisory Inc. bought a new position in Centrus Energy in the 4th quarter worth $27,000. PNC Financial Services Group Inc. raised its stake in shares of Centrus Energy by 77.4% in 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 during the period. Altshuler Shaham Ltd purchased a new position in shares of Centrus Energy during the 4th quarter valued at about $49,000. National Bank of Canada FI bought a new position in shares of Centrus Energy during the 4th quarter valued at approximately $51,000. Finally, Farther Finance Advisors LLC increased its holdings 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 in the last quarter. Hedge funds and other institutional investors own 49.96% of the company's stock.

Analyst Ratings Changes

Several brokerages have weighed in on LEU. HC Wainwright began coverage on shares of Centrus Energy in a report on Tuesday, February 25th. They set a "buy" rating and a $300.00 price target on the stock. Citigroup began coverage on shares of Centrus Energy in a research note on Tuesday, March 4th. They set a "neutral" rating and a $104.00 target price on the stock. StockNews.com upgraded Centrus Energy to a "sell" rating in a research note on Monday, February 10th. Finally, Craig Hallum initiated coverage on Centrus Energy in a research report on Tuesday, April 1st. They issued a "buy" rating and a $129.00 price objective on the stock. One investment analyst has rated the stock with a sell rating, three have given a hold rating and three have issued a buy rating to the company's stock. According to data from MarketBeat, Centrus Energy has an average rating of "Hold" and an average target price of $143.40.

Insider Transactions at Centrus Energy

In related news, SVP Larry B. Cutlip sold 4,000 shares of the stock in a transaction that occurred on Wednesday, February 12th. The stock was sold at an average price of $120.31, for a total transaction 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. This represents a 29.85 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Insiders own 1.00% of the company's stock.

Centrus Energy Price Performance

NYSE LEU traded down $1.76 on Monday, reaching $71.66. The company had a trading volume of 330,692 shares, compared to its average volume of 680,595. The stock has a market capitalization of $1.20 billion, a PE ratio of 16.25 and a beta of 1.14. Centrus Energy Corp. has a 12 month low of $33.51 and a 12 month high of $122.95. The company has a quick ratio of 2.46, a current ratio of 2.93 and a debt-to-equity ratio of 3.09. The firm's 50 day moving average price is $70.22 and its 200 day moving average price is $79.28.

About Centrus Energy

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.