Geode Capital Management LLC Purchases 5,668 Shares of Centrus Energy Corp. (NYSE:LEU)

Geode Capital Management LLC increased its position in Centrus Energy Corp. (NYSE:LEU - Free Report) by 1.8% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 325,603 shares of the company's stock after buying an additional 5,668 shares during the quarter. Geode Capital Management LLC owned 1.99% of Centrus Energy worth $21,694,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. JPMorgan Chase & Co. increased its position in shares of Centrus Energy by 3.0% in the third quarter. JPMorgan Chase & Co. now owns 6,288 shares of the company's stock valued at $345,000 after acquiring an additional 186 shares during the period. PNC Financial Services Group Inc. raised its position in Centrus Energy by 77.4% during the 4th quarter. PNC Financial Services Group Inc. now owns 440 shares of the company's stock valued at $29,000 after purchasing an additional 192 shares during the last quarter. Cape Investment Advisory Inc. bought a new position in Centrus Energy during the 4th quarter valued at approximately $27,000. MRP Capital Investments LLC lifted its holdings in Centrus Energy by 14.3% in the 4th quarter. MRP Capital Investments LLC now owns 3,795 shares of the company's stock worth $253,000 after buying an additional 475 shares during the period. Finally, Janney Montgomery Scott LLC grew its position in shares of Centrus Energy by 5.9% in the 4th quarter. Janney Montgomery Scott LLC now owns 10,099 shares of the company's stock worth $673,000 after buying an additional 562 shares during the last quarter. 49.96% of the stock is currently owned by institutional investors.

Centrus Energy Stock Up 1.6 %

NYSE LEU traded up $1.06 during trading hours on Thursday, reaching $68.33. 107,013 shares of the company's stock traded hands, compared to its average volume of 675,348. The firm has a market cap of $1.15 billion, a PE ratio of 15.49 and a beta of 1.26. 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 52-week low of $33.51 and a 52-week high of $122.95. The firm has a 50-day simple moving average of $75.01 and a 200 day simple moving average of $79.02.

Analysts Set New Price Targets

A number of brokerages recently commented on LEU. HC Wainwright initiated coverage on Centrus Energy in a research note 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 note on Monday, February 10th. Craig Hallum started coverage on shares of Centrus Energy in a research report on Tuesday, April 1st. They set a "buy" rating and a $129.00 price target on the stock. Finally, Citigroup initiated coverage on shares of Centrus Energy in a report on Tuesday, March 4th. They issued a "neutral" rating and a $104.00 price objective for the company. One equities research analyst has rated the stock with a sell rating, three have assigned a hold rating and three have given a buy rating to the company. Based on data from MarketBeat, the stock currently has an average rating of "Hold" and an average target price of $143.40.

Insider Activity

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

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.