ProShare Advisors LLC Purchases Shares of 4,076 Centrus Energy Corp. (NYSE:LEU)

ProShare Advisors LLC bought a new position in shares of Centrus Energy Corp. (NYSE:LEU - Free Report) during the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor bought 4,076 shares of the company's stock, valued at approximately $272,000.

Several other institutional investors have also recently made changes to their positions in the stock. Cape Investment Advisory Inc. bought a new position in Centrus Energy in the 4th quarter valued at about $27,000. PNC Financial Services Group Inc. increased its stake in Centrus Energy by 77.4% in the 4th quarter. PNC Financial Services Group Inc. now owns 440 shares of the company's stock valued at $29,000 after buying an additional 192 shares during the last quarter. Altshuler Shaham Ltd purchased a new stake in Centrus Energy in the 4th quarter valued at about $49,000. National Bank of Canada FI purchased a new stake in Centrus Energy in the 4th quarter valued at about $51,000. Finally, Farther Finance Advisors LLC increased its stake in Centrus Energy by 33,333.3% in the 4th quarter. Farther Finance Advisors LLC now owns 1,003 shares of the company's stock valued at $67,000 after buying an additional 1,000 shares during the last quarter. Institutional investors and hedge funds own 49.96% of the company's stock.

Centrus Energy Price Performance

NYSE:LEU traded up $3.42 during trading hours on Friday, hitting $126.92. The stock had a trading volume of 1,167,148 shares, compared to its average volume of 756,971. The company has a 50 day simple moving average of $78.68 and a two-hundred day simple moving average of $80.60. 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 one year low of $33.51 and a one year high of $136.00. The firm has a market capitalization of $2.13 billion, a price-to-earnings ratio of 28.78 and a beta of 1.14.

Centrus Energy (NYSE:LEU - Get Free Report) last announced its quarterly earnings results on Wednesday, May 7th. The company reported $1.60 EPS for the quarter, beating the consensus estimate of ($0.08) by $1.68. 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 business posted ($0.38) earnings per share. The business's revenue was up 67.3% compared to the same quarter last year. Research analysts forecast that Centrus Energy Corp. will post 2.63 earnings per share for the current fiscal year.

Insider Buying and Selling at Centrus Energy

In related news, SVP John M. A. Donelson sold 3,732 shares of the company's stock in a transaction on Tuesday, May 13th. The shares were sold at an average price of $96.31, for a total value of $359,428.92. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Insiders own 1.00% of the company's stock.

Wall Street Analyst Weigh In

Several brokerages have recently issued reports on LEU. Craig Hallum began coverage on shares of Centrus Energy in a research note on Tuesday, April 1st. They set a "buy" rating and a $129.00 price target for the company. William Blair assumed coverage on shares of Centrus Energy in a research note on Wednesday. They set an "outperform" rating for the company. HC Wainwright assumed coverage on shares of Centrus Energy in a research note on Tuesday, February 25th. They issued a "buy" rating and a $300.00 price objective for the company. Evercore ISI assumed coverage on shares of Centrus Energy in a research note on Wednesday, May 14th. They issued an "outperform" rating and a $145.00 price objective for the company. Finally, Wall Street Zen upgraded shares of Centrus Energy to a "sell" rating in a research note on Monday, February 10th. One analyst has rated the stock with a sell rating, three have issued a hold rating and five have assigned a buy rating to the company's stock. According to data from MarketBeat.com, the company has a consensus rating of "Hold" and an average target price of $143.67.

Centrus Energy Company 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.