Centrus Energy (NYSE:LEU) Upgraded at Northland Capmk

Centrus Energy (NYSE:LEU - Get Free Report) was upgraded by investment analysts at Northland Capmk to a "strong-buy" rating in a note issued to investors on Monday,Zacks.com reports.

A number of other equities research analysts have also recently commented on LEU. William Blair assumed coverage on Centrus Energy in a report on Wednesday, May 28th. They set an "outperform" rating on the stock. Bank of America assumed coverage on Centrus Energy in a research report on Wednesday, June 4th. They issued a "buy" rating and a $160.00 price target for the company. B. Riley restated a "buy" rating and set a $221.00 target price (up previously from $134.00) on shares of Centrus Energy in a research report on Monday, June 23rd. Evercore ISI reaffirmed an "outperform" rating and set a $205.00 price target (up previously from $145.00) on shares of Centrus Energy in a research note on Wednesday, June 18th. Finally, JPMorgan Chase & Co. started coverage on shares of Centrus Energy in a research note on Thursday, June 26th. They set a "neutral" rating and a $148.00 price target for the company. One equities research analyst has rated the stock with a sell rating, four have given a hold rating, seven have given a buy rating and one has issued a strong buy rating to the stock. According to MarketBeat, the company currently has a consensus rating of "Moderate Buy" and an average target price of $170.00.

Centrus Energy Trading Down 5.3%

Shares of LEU traded down $9.80 during trading hours on Monday, hitting $173.85. The company had a trading volume of 1,085,157 shares, compared to its average volume of 866,860. Centrus Energy has a 52-week low of $33.51 and a 52-week high of $211.31. The firm has a market cap of $2.96 billion, a P/E ratio of 39.42 and a beta of 1.45. The company has a quick ratio of 2.46, a current ratio of 2.93 and a debt-to-equity ratio of 3.09. The stock's 50 day moving average price is $131.75 and its 200 day moving average price is $96.88.

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

Insider Buying and Selling at Centrus Energy

In related news, SVP John M. A. Donelson sold 3,732 shares of the stock in a transaction dated Tuesday, May 13th. The shares were sold at an average price of $96.31, for a total value of $359,428.92. The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website. Also, CFO Kevin J. Harrill sold 1,728 shares of the firm's stock in a transaction dated Friday, May 30th. The shares were sold at an average price of $126.00, for a total transaction of $217,728.00. The disclosure for this sale can be found here. 1.00% of the stock is currently owned by corporate insiders.

Hedge Funds Weigh In On Centrus Energy

Several hedge funds have recently made changes to their positions in LEU. Nuveen Asset Management LLC boosted its holdings in shares of Centrus Energy by 0.6% during the fourth quarter. Nuveen Asset Management LLC now owns 29,226 shares of the company's stock worth $1,947,000 after purchasing an additional 188 shares during the period. PNC Financial Services Group Inc. raised 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 purchasing an additional 192 shares during the period. Old West Investment Management LLC increased its position in Centrus Energy by 1.9% during the fourth quarter. Old West Investment Management LLC now owns 10,147 shares of the company's stock worth $676,000 after acquiring an additional 192 shares during the period. Summit Investment Advisors Inc. increased its position in 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 period. Finally, New York State Common Retirement Fund increased its position in Centrus Energy by 4.6% during the first quarter. New York State Common Retirement Fund now owns 4,504 shares of the company's stock worth $280,000 after acquiring an additional 200 shares during the period. Institutional investors and hedge funds own 49.96% of the company's stock.

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.