Boothbay Fund Management LLC Buys Shares of 3,652 Centrus Energy Corp. (NYSE:LEU)

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

Several other hedge funds also recently made changes to their positions in the stock. Cape Investment Advisory Inc. bought a new position in Centrus Energy in the 4th quarter worth about $27,000. PNC Financial Services Group Inc. lifted its stake 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 purchasing an additional 192 shares in the last quarter. Altshuler Shaham Ltd purchased a new stake in Centrus Energy in the 4th quarter worth approximately $49,000. National Bank of Canada FI bought a new position in shares of Centrus Energy in the fourth quarter worth $51,000. Finally, Farther Finance Advisors LLC raised its position in shares of Centrus Energy by 33,333.3% in the fourth quarter. Farther Finance Advisors LLC now owns 1,003 shares of the company's stock worth $67,000 after buying an additional 1,000 shares in the last quarter. 49.96% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

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

Insider Activity at Centrus Energy

In other Centrus Energy news, SVP Larry B. Cutlip sold 4,000 shares of the company'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 sale, the senior vice president now directly owns 9,402 shares in the company, valued at $1,131,154.62. This represents a 29.85 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at this link. 1.00% of the stock is owned by corporate insiders.

Centrus Energy Stock Performance

Shares of Centrus Energy stock traded down $1.76 on Monday, hitting $71.66. 330,692 shares of the company's stock were exchanged, compared to its average volume of 680,595. 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 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 1 year low of $33.51 and a 1 year high of $122.95. The company has a 50-day simple moving average of $70.65 and a 200-day simple moving average of $79.47.

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.