AlphaStar Capital Management LLC Invests $4.47 Million in Centrus Energy Corp. $LEU

Key Points

• AlphaStar Capital Management bought a new Q4 position of 18,425 shares of Centrus Energy (NYSE:LEU), valued at about $4.47 million, representing roughly 0.10% of the company.
• Other large investors — including JPMorgan, American Century, and VanEck — significantly increased stakes recently, and institutional investors now own about 49.96% of Centrus.
• Analyst consensus is a Moderate Buy with an average price target of $268.82, though Centrus recently missed quarterly EPS estimates ($0.79 vs. $1.42) and the stock trades near $206.35 within a 12‑month range of $70.43–$464.25.

AlphaStar Capital Management LLC purchased a new position in shares of Centrus Energy Corp. (NYSE:LEU - Free Report) in the 4th quarter, according to the company in its most recent filing with the SEC. The institutional investor purchased 18,425 shares of the company's stock, valued at approximately $4,473,000. AlphaStar Capital Management LLC owned approximately 0.10% of Centrus Energy as of its most recent filing with the SEC.

Other large investors also recently made changes to their positions in the company. JPMorgan Chase & Co. boosted its stake in shares of Centrus Energy by 309.0% during the third quarter. JPMorgan Chase & Co. now owns 34,754 shares of the company's stock valued at $10,776,000 after purchasing an additional 26,257 shares during the period. American Century Companies Inc. boosted its stake in shares of Centrus Energy by 78.8% during the third quarter. American Century Companies Inc. now owns 442,261 shares of the company's stock valued at $137,132,000 after purchasing an additional 194,909 shares during the period. Nordea Investment Management AB purchased a new stake in shares of Centrus Energy during the third quarter valued at $5,427,000. Van ECK Associates Corp boosted its stake in shares of Centrus Energy by 25.9% during the third quarter. Van ECK Associates Corp now owns 780,986 shares of the company's stock valued at $242,161,000 after purchasing an additional 160,482 shares during the period. Finally, Exchange Traded Concepts LLC boosted its stake in shares of Centrus Energy by 16.1% during the fourth quarter. Exchange Traded Concepts LLC now owns 53,766 shares of the company's stock valued at $13,052,000 after purchasing an additional 7,450 shares during the period. Institutional investors own 49.96% of the company's stock.

Analyst Ratings Changes

Several analysts recently weighed in on the company. Northland Securities set a $285.00 price objective on Centrus Energy in a report on Thursday, February 12th. William Blair restated an "outperform" rating on shares of Centrus Energy in a report on Tuesday, January 6th. B. Riley Financial decreased their price objective on Centrus Energy from $315.00 to $295.00 and set a "buy" rating for the company in a report on Friday, April 24th. Evercore restated an "outperform" rating and issued a $390.00 price objective on shares of Centrus Energy in a report on Monday, January 5th. Finally, UBS Group decreased their price objective on Centrus Energy from $245.00 to $195.00 and set a "neutral" rating for the company in a report on Thursday, March 5th. One research analyst has rated the stock with a Strong Buy rating, six have assigned a Buy rating, six have given a Hold rating and one has given a Sell rating to the company's stock. Based on data from MarketBeat, Centrus Energy has an average rating of "Moderate Buy" and an average price target of $268.82.

Centrus Energy Price Performance

Shares of NYSE:LEU opened at $206.35 on Friday. Centrus Energy Corp. has a twelve month low of $70.43 and a twelve month high of $464.25. The company's 50 day moving average is $197.83 and its 200 day moving average is $254.49. The company has a current ratio of 5.59, a quick ratio of 4.83 and a debt-to-equity ratio of 1.54. The company has a market cap of $4.06 billion, a PE ratio of 49.48 and a beta of 1.43.

Centrus Energy (NYSE:LEU - Get Free Report) last released its quarterly earnings data on Tuesday, February 10th. The company reported $0.79 EPS for the quarter, missing the consensus estimate of $1.42 by ($0.63). Centrus Energy had a return on equity of 15.52% and a net margin of 17.34%.The company had revenue of $146.20 million during the quarter, compared to analysts' expectations of $145.40 million. The business's revenue was down 3.6% on a year-over-year basis. On average, sell-side analysts forecast that Centrus Energy Corp. will post 2.96 EPS for the current year.

Centrus Energy Profile

Centrus Energy Corp is a U.S.-based supplier of nuclear fuel and enrichment services, specializing in the production of low-enriched uranium (LEU) for commercial power reactors and highly enriched uranium for naval propulsion. Through its Centrus Global subsidiary, the company provides technical support, fuel fabrication services and recycled uranium products to utilities operating light-water reactors. Centrus also develops advanced centrifuge technologies aimed at improving enrichment efficiency and reducing the cost of nuclear fuel.

Originally founded as the United States Enrichment Corporation (USEC) in 1998 following a spin-out from the U.S.

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