6,700 Shares in Centrus Energy Corp. $LEU Purchased by Total Wealth Planning & Management Inc.

Key Points

• Total Wealth Planning & Management Inc. purchased 6,700 shares of Centrus Energy Corp. (NYSE: LEU), valued at approximately $1,227,000, marking it as the 21st largest position in their portfolio.
• Several analysts have upgraded Centrus Energy's stock ratings, with price targets ranging from $215.00 to $275.00, suggesting a strong market interest in the company's growth potential.
• Centrus Energy recently reported an EPS of $1.59 for the last quarter, exceeding estimates significantly, though revenue decreased by 18.3% year-over-year.

Total Wealth Planning & Management Inc. bought a new position in shares of Centrus Energy Corp. (NYSE:LEU - Free Report) during the 2nd quarter, according to its most recent disclosure with the SEC. The institutional investor bought 6,700 shares of the company's stock, valued at approximately $1,227,000. Centrus Energy accounts for about 1.0% of Total Wealth Planning & Management Inc.'s holdings, making the stock its 21st largest position.

Other large investors have also recently added to or reduced their stakes in the company. Stone House Investment Management LLC purchased a new stake in Centrus Energy during the 1st quarter worth approximately $28,000. USA Financial Formulas acquired a new position in Centrus Energy during the 2nd quarter worth approximately $35,000. Comerica Bank grew its holdings in Centrus Energy by 589.5% during the 1st 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 grew its holdings in Centrus Energy by 2,084.6% during the 2nd 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 acquired a new position in Centrus Energy during the 1st quarter worth approximately $53,000. 49.96% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

Several research firms have commented on LEU. UBS Group upgraded shares of Centrus Energy to a "hold" rating and set a $215.00 price target for the company in a report on Monday, July 21st. Stifel Nicolaus began coverage on shares of Centrus Energy in a report on Friday, July 11th. They set a "buy" rating and a $220.00 price target for the company. B. Riley reiterated a "buy" rating and set a $221.00 price target (up previously from $134.00) on shares of Centrus Energy in a report on Monday, June 23rd. William Blair reiterated an "outperform" rating on shares of Centrus Energy in a report on Wednesday, July 9th. Finally, Northland Securities set a $275.00 target price on shares of Centrus Energy in a report on Thursday, August 7th. One equities 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. According to MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and an average target price of $202.09.

Centrus Energy Stock Up 1.9%

Shares of Centrus Energy stock opened at $371.09 on Friday. The company has a market cap of $6.76 billion, a P/E ratio of 84.15 and a beta of 1.51. The company has a debt-to-equity ratio of 3.09, a quick ratio of 2.46 and a current ratio of 2.93. Centrus Energy Corp. has a one year low of $49.40 and a one year high of $389.41. The firm has a fifty day moving average of $243.67 and a two-hundred day moving average of $168.71.

Centrus Energy (NYSE:LEU - Get Free Report) last announced its quarterly earnings data on Tuesday, August 5th. The company reported $1.59 EPS for the quarter, topping analysts' consensus estimates of $0.58 by $1.01. Centrus Energy had a net margin of 16.56% and a return on equity of 84.09%. The business's revenue was down 18.3% compared to the same quarter last year. During the same quarter in the prior year, the company posted $1.89 earnings per share. On average, analysts forecast that Centrus Energy Corp. will post 2.63 earnings per share for the current year.

Centrus Energy 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.

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