Venturi Wealth Management LLC bought a new position in shares of Centrus Energy Corp. (NYSE:LEU - Free Report) during the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor bought 1,800 shares of the company's stock, valued at approximately $330,000.
Several other institutional investors and hedge funds have also bought and sold shares of LEU. Stone House Investment Management LLC bought a new position in Centrus Energy during the first quarter worth $28,000. USA Financial Formulas bought a new position in Centrus Energy during the second quarter worth $35,000. Comerica Bank boosted its stake in Centrus Energy by 589.5% during the first quarter. Comerica Bank now owns 655 shares of the company's stock worth $41,000 after acquiring an additional 560 shares in the last quarter. Farther Finance Advisors LLC boosted its stake in Centrus Energy by 2,084.6% during the second quarter. Farther Finance Advisors LLC now owns 284 shares of the company's stock worth $52,000 after acquiring an additional 271 shares in the last quarter. Finally, KBC Group NV bought a new position in Centrus Energy during the first quarter worth $53,000. 49.96% of the stock is owned by institutional investors.
Centrus Energy Stock Performance
NYSE LEU opened at $363.71 on Friday. 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 company has a market capitalization of $6.62 billion, a PE ratio of 82.47 and a beta of 1.51. Centrus Energy Corp. has a 52-week low of $49.40 and a 52-week high of $423.24. The company has a 50-day simple moving average of $246.78 and a 200 day simple moving average of $170.71.
Centrus Energy (NYSE:LEU - Get Free Report) last released its quarterly earnings data on Tuesday, August 5th. The company reported $1.59 EPS for the quarter, topping the consensus estimate of $0.58 by $1.01. Centrus Energy had a net margin of 16.56% and a return on equity of 84.09%. During the same period in the prior year, the firm posted $1.89 earnings per share. The business's revenue was down 18.3% compared to the same quarter last year. On average, research analysts predict that Centrus Energy Corp. will post 2.63 EPS for the current year.
Wall Street Analyst Weigh In
LEU has been the topic of a number of recent research reports. Stifel Nicolaus initiated coverage on shares of Centrus Energy in a research note on Friday, July 11th. They issued a "buy" rating and a $220.00 price objective on the stock. HC Wainwright reaffirmed a "buy" rating and issued a $300.00 price objective on shares of Centrus Energy in a research note on Tuesday, August 26th. William Blair reaffirmed an "outperform" rating on shares of Centrus Energy in a research note on Wednesday, July 9th. Northland Capmk raised shares of Centrus Energy to a "strong-buy" rating in a research note on Monday, July 7th. Finally, Bank of America reaffirmed a "neutral" rating and issued a $285.00 price objective (up from $210.00) on shares of Centrus Energy in a research note on Thursday, August 7th. One research analyst has rated the stock with a Strong Buy rating, seven have given a Buy rating and five have issued a Hold rating to the company. Based on data from MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and an average target price of $202.09.
Read Our Latest Analysis on Centrus Energy
About Centrus Energy
(
Free Report)
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.
See Also
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