Blair William & Co. IL Acquires 10,153 Shares of Centrus Energy Corp. $LEU

Key Points

• Blair William & Co. IL boosted its stake in Centrus Energy (NYSE:LEU) by 120.8% in Q3, adding 10,153 shares to hold 18,556 shares worth about $5.75 million (roughly 0.10% of the company).
• Wall Street consensus is a Moderate Buy with an average target of $258.83; analyst price targets range from $195 (UBS) to $357 (Needham) and the mix of ratings includes 1 Strong Buy, 7 Buy and 7 Hold.
• Centrus missed quarterly EPS estimates ($0.79 vs. $1.42 expected), and its stock trades near $200.74 with a $3.95 billion market cap and a P/E of 48.14.

Blair William & Co. IL grew its holdings in Centrus Energy Corp. (NYSE:LEU - Free Report) by 120.8% in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 18,556 shares of the company's stock after acquiring an additional 10,153 shares during the quarter. Blair William & Co. IL owned 0.10% of Centrus Energy worth $5,754,000 at the end of the most recent reporting period.

A number of other hedge funds also recently modified their holdings of the business. Farther Finance Advisors LLC lifted its holdings in shares of Centrus Energy by 15.1% during the 3rd quarter. Farther Finance Advisors LLC now owns 327 shares of the company's stock valued at $101,000 after purchasing an additional 43 shares in the last quarter. Rothschild Investment LLC increased its stake in Centrus Energy by 54.9% during the 3rd quarter. Rothschild Investment LLC now owns 127 shares of the company's stock worth $39,000 after purchasing an additional 45 shares in the last quarter. ORG Partners LLC increased its stake in Centrus Energy by 59.4% during the 3rd quarter. ORG Partners LLC now owns 169 shares of the company's stock worth $52,000 after purchasing an additional 63 shares in the last quarter. Xponance Inc. raised its holdings in Centrus Energy by 5.9% during the 3rd quarter. Xponance Inc. now owns 1,231 shares of the company's stock worth $382,000 after buying an additional 69 shares during the period. Finally, Denali Advisors LLC lifted its stake in Centrus Energy by 7.1% in the third quarter. Denali Advisors LLC now owns 1,500 shares of the company's stock valued at $465,000 after buying an additional 100 shares in the last quarter. Institutional investors and hedge funds own 49.96% of the company's stock.

Wall Street Analyst Weigh In

Several research analysts have recently weighed in on the stock. William Blair reiterated an "outperform" rating on shares of Centrus Energy in a report on Tuesday, January 6th. UBS Group cut their price objective on shares of Centrus Energy from $245.00 to $195.00 and set a "neutral" rating on the stock in a research report on Thursday, March 5th. Stifel Nicolaus set a $246.00 target price on shares of Centrus Energy in a research note on Thursday, February 12th. Northland Securities set a $285.00 target price on Centrus Energy in a report on Thursday, February 12th. Finally, Needham & Company LLC reissued a "buy" rating and issued a $357.00 price target on shares of Centrus Energy in a research note on Monday, December 22nd. One research analyst has rated the stock with a Strong Buy rating, seven have given a Buy rating and seven have given a Hold rating to the company's stock. Based on data from MarketBeat, the stock has a consensus rating of "Moderate Buy" and an average target price of $258.83.

Centrus Energy Trading Up 2.5%

Centrus Energy stock opened at $200.74 on Wednesday. The company has a market cap of $3.95 billion, a price-to-earnings ratio of 48.14 and a beta of 1.26. The firm has a 50-day moving average of $255.48 and a 200-day moving average of $273.73. The company has a debt-to-equity ratio of 1.54, a current ratio of 5.59 and a quick ratio of 4.83. Centrus Energy Corp. has a one year low of $49.40 and a one year high of $464.25.

Centrus Energy (NYSE:LEU - Get Free Report) last released its earnings results on Tuesday, February 10th. The company reported $0.79 earnings per share (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 for the quarter, compared to the consensus estimate of $145.40 million. The company's revenue was down 3.6% compared to the same quarter last year. On average, equities analysts expect that Centrus Energy Corp. will post 2.63 earnings per share for the current fiscal year.

Centrus Energy Company 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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