Bayesian Capital Management LP Purchases 6,816 Shares of Centrus Energy Corp. (NYSE:LEU)

Bayesian Capital Management LP boosted its holdings in shares of Centrus Energy Corp. (NYSE:LEU - Free Report) by 113.6% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 12,814 shares of the company's stock after acquiring an additional 6,816 shares during the period. Bayesian Capital Management LP owned 0.08% of Centrus Energy worth $854,000 at the end of the most recent reporting period.

A number of other institutional investors also recently bought and sold shares of LEU. Anatole Investment Management Ltd purchased a new position in Centrus Energy in the 4th quarter worth about $27,880,000. Soros Fund Management LLC purchased a new position in shares of Centrus Energy in the fourth quarter valued at approximately $14,821,000. Northern Trust Corp raised its stake in shares of Centrus Energy by 13.8% during the fourth quarter. Northern Trust Corp now owns 135,389 shares of the company's stock worth $9,018,000 after purchasing an additional 16,378 shares during the last quarter. Beacon Pointe Advisors LLC acquired a new stake in Centrus Energy in the fourth quarter valued at $228,000. Finally, Arosa Capital Management LP purchased a new stake in shares of Centrus Energy in the 4th quarter worth about $2,498,000. Institutional investors own 49.96% of the company's stock.

Wall Street Analysts Forecast Growth

A number of research analysts have recently issued reports on the stock. HC Wainwright started coverage on shares of Centrus Energy in a research report on Tuesday, February 25th. They issued a "buy" rating and a $300.00 price target on the stock. StockNews.com raised Centrus Energy to a "sell" rating in a research report on Monday, February 10th. Craig Hallum initiated coverage on shares of Centrus Energy in a research note on Tuesday, April 1st. They issued a "buy" rating and a $129.00 target price on the stock. Finally, Citigroup assumed coverage on shares of Centrus Energy in a research report on Tuesday, March 4th. They issued a "neutral" rating and a $104.00 price target 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 an average rating of "Hold" and an average target price of $143.40.

Centrus Energy Price Performance

Shares of LEU traded up $5.14 during mid-day trading on Friday, reaching $93.60. The stock had a trading volume of 1,265,745 shares, compared to its average volume of 694,790. Centrus Energy Corp. has a 12 month low of $33.51 and a 12 month high of $122.95. 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 has a fifty day moving average of $69.74 and a 200 day moving average of $79.08. The firm has a market cap of $1.57 billion, a price-to-earnings ratio of 21.22 and a beta of 1.14.

Centrus Energy (NYSE:LEU - Get Free Report) last posted its earnings results on Wednesday, May 7th. The company reported $1.60 EPS for the quarter, topping 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 last year, the business earned ($0.38) EPS. The business's quarterly revenue was up 67.3% compared to the same quarter last year. Equities analysts predict that Centrus Energy Corp. will post 2.63 EPS for the current year.

Insider Activity at Centrus Energy

In other news, SVP Larry B. Cutlip sold 4,000 shares of the company's stock in a transaction dated Wednesday, February 12th. The stock was sold at an average price of $120.31, for a total value of $481,240.00. Following the completion of the sale, the senior vice president now owns 9,402 shares of the company's stock, valued at $1,131,154.62. This represents a 29.85 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. 1.00% of the stock is currently owned by corporate insiders.

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.