Barclays PLC Sells 12,041 Shares of Centrus Energy Corp. (NYSE:LEU)

Barclays PLC decreased its stake in Centrus Energy Corp. (NYSE:LEU - Free Report) by 32.0% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 25,547 shares of the company's stock after selling 12,041 shares during the period. Barclays PLC owned about 0.16% of Centrus Energy worth $1,701,000 at the end of the most recent quarter.

Other hedge funds also recently made changes to their positions in the company. Tidal Investments LLC purchased a new stake in shares of Centrus Energy in the 3rd quarter valued at $334,000. JPMorgan Chase & Co. grew its stake in shares of Centrus Energy by 3.0% during the third quarter. JPMorgan Chase & Co. now owns 6,288 shares of the company's stock valued at $345,000 after buying an additional 186 shares during the last quarter. SeaCrest Wealth Management LLC increased its holdings in shares of Centrus Energy by 131.1% in the fourth quarter. SeaCrest Wealth Management LLC now owns 11,715 shares of the company's stock worth $780,000 after buying an additional 6,645 shares during the period. Hanseatic Management Services Inc. purchased a new position in shares of Centrus Energy in the fourth quarter worth about $422,000. Finally, TB Alternative Assets Ltd. bought a new stake in shares of Centrus Energy in the 4th quarter valued at about $7,907,000. 49.96% of the stock is owned by institutional investors.

Centrus Energy Stock Down 2.4 %

NYSE LEU traded down $1.76 during mid-day trading on Monday, reaching $71.66. The stock had a trading volume of 330,692 shares, compared to its average volume of 680,595. The company has a fifty day moving average price of $70.65 and a 200 day moving average price of $79.47. The company has a debt-to-equity ratio of 3.09, a current ratio of 2.93 and a quick ratio of 2.46. Centrus Energy Corp. has a 1 year low of $33.51 and a 1 year high of $122.95. The stock has a market cap of $1.20 billion, a PE ratio of 16.25 and a beta of 1.14.

Insider Activity

In other news, SVP Larry B. Cutlip sold 4,000 shares of the firm's 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 sale, the senior vice president now owns 9,402 shares of the company's stock, valued at $1,131,154.62. This trade represents a 29.85 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link. Corporate insiders own 1.00% of the company's stock.

Analyst Upgrades and Downgrades

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

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.