Boothbay Fund Management LLC Purchases New Position in Centrus Energy Corp. (NYSE:LEU)

Boothbay Fund Management LLC purchased a new stake in Centrus Energy Corp. (NYSE:LEU - Free Report) in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor purchased 3,652 shares of the company's stock, valued at approximately $243,000.

Several other institutional investors have also modified their holdings of LEU. Cape Investment Advisory Inc. acquired a new stake in shares of Centrus Energy in the 4th quarter valued at approximately $27,000. PNC Financial Services Group Inc. increased its position 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 valued at $29,000 after buying an additional 192 shares in the last quarter. Altshuler Shaham Ltd purchased a new stake in Centrus Energy during the 4th quarter worth about $49,000. National Bank of Canada FI acquired a new stake in shares of Centrus Energy during the 4th quarter worth about $51,000. Finally, Farther Finance Advisors LLC lifted its stake in shares of Centrus Energy by 33,333.3% during the 4th quarter. Farther Finance Advisors LLC now owns 1,003 shares of the company's stock worth $67,000 after purchasing an additional 1,000 shares during the period. Hedge funds and other institutional investors own 49.96% of the company's stock.

Wall Street Analyst Weigh In

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

Insider Buying and Selling at Centrus Energy

In other news, SVP Larry B. Cutlip sold 4,000 shares of the firm's stock in a transaction on 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 in the company, valued at approximately $1,131,154.62. This trade represents a 29.85 % decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. Corporate insiders own 1.00% of the company's stock.

Centrus Energy Stock Up 18.9 %

Shares of Centrus Energy stock traded up $13.68 during trading on Thursday, reaching $86.18. The stock had a trading volume of 877,439 shares, compared to its average volume of 684,097. The company has a market capitalization of $1.44 billion, a price-to-earnings ratio of 19.54 and a beta of 1.14. The stock has a fifty day moving average price of $69.55 and a two-hundred day moving average price of $79.20. 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 52 week low of $33.51 and a 52 week high of $122.95.

Centrus Energy (NYSE:LEU - Get Free Report) last released 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 net margin of 16.56% and a return on equity of 84.09%. The firm's revenue for the quarter was up 67.3% compared to the same quarter last year. During the same period in the previous year, the firm earned ($0.38) earnings per share. Sell-side analysts predict that Centrus Energy Corp. will post 2.63 EPS for the current fiscal year.

Centrus Energy 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.