37,500 Shares in Centrus Energy Corp. (NYSE:LEU) Purchased by Arosa Capital Management LP

Arosa Capital Management LP bought a new position in shares of Centrus Energy Corp. (NYSE:LEU - Free Report) during the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor bought 37,500 shares of the company's stock, valued at approximately $2,498,000. Centrus Energy makes up about 1.0% of Arosa Capital Management LP's portfolio, making the stock its 20th biggest position. Arosa Capital Management LP owned approximately 0.23% of Centrus Energy at the end of the most recent quarter.

A number of other large investors have also bought and sold shares of LEU. Wellington Management Group LLP bought a new stake in Centrus Energy in the 4th quarter valued at about $3,474,000. Barclays PLC increased its holdings in shares of Centrus Energy by 103.8% during the third quarter. Barclays PLC now owns 37,588 shares of the company's stock valued at $2,061,000 after acquiring an additional 19,140 shares in the last quarter. Geode Capital Management LLC lifted its holdings in shares of Centrus Energy by 4.9% in the 3rd quarter. Geode Capital Management LLC now owns 319,935 shares of the company's stock worth $17,552,000 after purchasing an additional 15,080 shares in the last quarter. Legacy Bridge LLC acquired a new position in Centrus Energy during the fourth quarter worth $657,000. Finally, Exchange Traded Concepts LLC lifted its stake in shares of Centrus Energy by 290.9% in the fourth quarter. Exchange Traded Concepts LLC now owns 71,040 shares of the company's stock valued at $4,732,000 after buying an additional 52,866 shares in the last quarter. 49.96% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Several analysts have recently commented on the company. Citigroup initiated coverage on Centrus Energy in a research note on Tuesday, March 4th. They issued a "neutral" rating and a $104.00 price objective for the company. HC Wainwright began 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 for the company. Craig Hallum started coverage on shares of Centrus Energy in a report on Tuesday, April 1st. They set a "buy" rating and a $129.00 price objective for the company. Finally, StockNews.com upgraded shares of Centrus Energy to a "sell" rating in a report on Monday, February 10th. 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 company's stock. According to MarketBeat, the company currently has an average rating of "Hold" and an average price target of $143.40.

Insiders Place Their Bets

In other news, SVP Larry B. Cutlip sold 4,000 shares of the business's 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 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 filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Insiders own 1.00% of the company's stock.

Centrus Energy Trading Up 3.8 %

Shares of Centrus Energy stock traded up $2.71 on Friday, hitting $73.80. The stock had a trading volume of 206,809 shares, compared to its average volume of 677,668. The company has a quick ratio of 2.46, a current ratio of 2.93 and a debt-to-equity ratio of 3.09. Centrus Energy Corp. has a one year low of $33.51 and a one year high of $122.95. The stock's 50-day simple moving average is $70.94 and its two-hundred day simple moving average is $79.38. The stock has a market cap of $1.24 billion, a price-to-earnings ratio of 16.78 and a beta of 1.26.

Centrus Energy Company 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.