Centrus Energy Corp. (NYSE:LEU) Shares Sold by Barclays PLC

Barclays PLC trimmed its position in Centrus Energy Corp. (NYSE:LEU - Free Report) by 32.0% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 25,547 shares of the company's stock after selling 12,041 shares during the quarter. Barclays PLC owned 0.16% of Centrus Energy worth $1,701,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also modified their holdings of LEU. Cape Investment Advisory Inc. purchased a new position in shares of Centrus Energy in the fourth quarter valued at $27,000. PNC Financial Services Group Inc. lifted its holdings in Centrus Energy by 77.4% in the 4th 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. National Bank of Canada FI purchased a new position in Centrus Energy in the 4th quarter valued at about $51,000. Farther Finance Advisors LLC grew its stake in shares of Centrus Energy by 33,333.3% during the fourth quarter. Farther Finance Advisors LLC now owns 1,003 shares of the company's stock valued at $67,000 after acquiring an additional 1,000 shares in the last quarter. Finally, Summit Investment Advisors Inc. increased its position in shares of Centrus Energy by 16.2% during the fourth quarter. Summit Investment Advisors Inc. now owns 1,399 shares of the company's stock worth $93,000 after acquiring an additional 195 shares during the last quarter. 49.96% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling

In other Centrus Energy news, SVP Larry B. Cutlip sold 4,000 shares of the business'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 directly owns 9,402 shares in the company, valued at approximately $1,131,154.62. The trade was a 29.85 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Corporate insiders own 1.00% of the company's stock.

Centrus Energy Stock Performance

Shares of LEU traded up $9.88 during mid-day trading on Thursday, reaching $82.38. 607,256 shares of the company's stock traded hands, compared to its average volume of 723,917. The company has a debt-to-equity ratio of 3.09, a quick ratio of 2.46 and a current ratio of 2.93. The business's 50-day moving average price is $69.55 and its 200-day moving average price is $79.20. The stock has a market capitalization of $1.38 billion, a P/E ratio of 18.68 and a beta of 1.14. Centrus Energy Corp. has a 12 month low of $33.51 and a 12 month high of $122.94.

Centrus Energy (NYSE:LEU - Get Free Report) last announced its earnings results on Wednesday, May 7th. The company reported $1.60 earnings per share for the quarter, beating the consensus estimate of ($0.08) by $1.68. Centrus Energy had a return on equity of 84.09% and a net margin of 16.56%. During the same quarter in the prior year, the company posted ($0.38) EPS. The firm's revenue for the quarter was up 67.3% compared to the same quarter last year. Equities analysts predict that Centrus Energy Corp. will post 2.63 earnings per share for the current year.

Analysts Set New Price Targets

Several analysts recently issued reports on LEU shares. StockNews.com raised shares of Centrus Energy to a "sell" rating in a report on Monday, February 10th. Craig Hallum initiated coverage on shares of Centrus Energy in a report on Tuesday, April 1st. They issued a "buy" rating and a $129.00 price target for the company. HC Wainwright started coverage on Centrus Energy in a report on Tuesday, February 25th. They set a "buy" rating and a $300.00 target price for the company. Finally, Citigroup initiated coverage on Centrus Energy in a report on Tuesday, March 4th. They issued a "neutral" rating and a $104.00 price target on the stock. One 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 MarketBeat.com, the stock currently has a consensus rating of "Hold" and an average price target 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.