18,131 Shares in Centrus Energy Corp. (NYSE:LEU) Purchased by AE Wealth Management LLC

Key Points

• AE Wealth Management LLC purchased 18,131 shares of Centrus Energy Corp. (NYSE:LEU) in Q1, valued at about $1,128,000, bringing its total ownership to 0.11%.
• Centrus Energy reported a substantial increase in quarterly revenue, up 67.3% year-over-year, and earnings per share of $1.60, exceeding analysts' estimates.
• The stock is currently priced at $241.00 and has a market cap of $4.11 billion, with analysts projecting an average price target of $178.64.

AE Wealth Management LLC acquired a new stake in shares of Centrus Energy Corp. (NYSE:LEU - Free Report) in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm acquired 18,131 shares of the company's stock, valued at approximately $1,128,000. AE Wealth Management LLC owned approximately 0.11% of Centrus Energy as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently bought and sold shares of the business. Anatole Investment Management Ltd acquired a new stake in shares of Centrus Energy during the fourth quarter worth approximately $27,880,000. Soros Fund Management LLC bought a new position in Centrus Energy during the 4th quarter valued at $14,821,000. Voloridge Investment Management LLC boosted its stake in Centrus Energy by 1,300.5% during the 4th quarter. Voloridge Investment Management LLC now owns 235,155 shares of the company's stock valued at $15,664,000 after acquiring an additional 218,364 shares during the last quarter. Driehaus Capital Management LLC acquired a new position in Centrus Energy during the 4th quarter worth $10,367,000. Finally, Two Sigma Investments LP increased its position in shares of Centrus Energy by 941.6% in the 4th quarter. Two Sigma Investments LP now owns 79,872 shares of the company's stock worth $5,320,000 after purchasing an additional 72,204 shares during the last quarter. 49.96% of the stock is currently owned by hedge funds and other institutional investors.

Centrus Energy Stock Performance

LEU stock opened at $241.00 on Monday. Centrus Energy Corp. has a 1 year low of $33.51 and a 1 year high of $250.88. The stock has a market capitalization of $4.11 billion, a price-to-earnings ratio of 54.65 and a beta of 1.45. 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's fifty day moving average is $169.56 and its two-hundred day moving average is $111.19.

Centrus Energy (NYSE:LEU - Get Free Report) last released its quarterly earnings data 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 net margin of 16.56% and a return on equity of 84.09%. The business's quarterly revenue was up 67.3% compared to the same quarter last year. During the same period in the previous year, the firm posted ($0.38) EPS. On average, research analysts predict that Centrus Energy Corp. will post 2.63 EPS for the current year.

Wall Street Analysts Forecast Growth

Several equities analysts have recently commented on LEU shares. Evercore ISI set a $205.00 price target on shares of Centrus Energy and gave the stock an "outperform" rating in a research report on Tuesday, July 15th. William Blair reiterated an "outperform" rating on shares of Centrus Energy in a research report on Wednesday, July 9th. B. Riley reiterated a "buy" rating and issued a $221.00 price target (up from $134.00) on shares of Centrus Energy in a report on Monday, June 23rd. Craig Hallum began coverage on Centrus Energy in a research note on Tuesday, April 1st. They set a "buy" rating and a $129.00 price objective on the stock. Finally, JPMorgan Chase & Co. began coverage on shares of Centrus Energy in a report on Thursday, June 26th. They issued a "neutral" rating and a $148.00 price objective for the company. One research analyst has rated the stock with a sell rating, five have issued a hold rating, eight have given a buy rating and one has issued a strong buy rating to the company's stock. According to data from MarketBeat.com, the company has an average rating of "Moderate Buy" and an average target price of $178.64.

Insider Activity at Centrus Energy

In other news, CFO Kevin J. Harrill sold 1,728 shares of Centrus Energy stock in a transaction that occurred on Friday, May 30th. The stock was sold at an average price of $126.00, for a total transaction of $217,728.00. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Also, SVP John M. A. Donelson sold 3,732 shares of the stock in a transaction that occurred on Tuesday, May 13th. The stock was sold at an average price of $96.31, for a total value of $359,428.92. The disclosure for this sale can be found here. 1.00% of the stock is currently owned by company 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.

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