Carolinas Wealth Consulting LLC cut its position in Centrus Energy Corp. (NYSE:LEU - Free Report) by 30.0% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 7,000 shares of the company's stock after selling 3,000 shares during the quarter. Carolinas Wealth Consulting LLC's holdings in Centrus Energy were worth $466,000 at the end of the most recent reporting period.
A number of other hedge funds and other institutional investors have also bought and sold shares of LEU. Cape Investment Advisory Inc. acquired a new position in Centrus Energy in the 4th quarter valued at $27,000. PNC Financial Services Group Inc. grew 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. State of Wyoming acquired a new position in Centrus Energy in the 4th quarter valued at $33,000. Altshuler Shaham Ltd acquired a new position in Centrus Energy in the 4th quarter valued at $49,000. Finally, National Bank of Canada FI acquired a new stake in Centrus Energy in the 4th quarter worth $51,000. 49.96% of the stock is currently owned by institutional investors and hedge funds.
Insider Activity at Centrus Energy
In related news, SVP John M. A. Donelson sold 3,732 shares of Centrus Energy stock in a transaction dated Tuesday, May 13th. The shares were sold at an average price of $96.31, for a total transaction of $359,428.92. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. 1.00% of the stock is currently owned by insiders.
Analyst Upgrades and Downgrades
Several analysts have issued reports on the stock. Evercore ISI assumed coverage on shares of Centrus Energy in a research report on Wednesday, May 14th. They issued an "outperform" rating and a $145.00 price target on the stock. HC Wainwright assumed coverage on shares of Centrus Energy in a research report on Tuesday, February 25th. They issued a "buy" rating and a $300.00 price target on the stock. Wall Street Zen upgraded shares of Centrus Energy to a "sell" rating in a research report on Monday, February 10th. Craig Hallum assumed coverage on shares of Centrus Energy in a research report on Tuesday, April 1st. They issued a "buy" rating and a $129.00 price target on the stock. Finally, William Blair started coverage on shares of Centrus Energy in a research report on Wednesday. They issued an "outperform" rating on the stock. One equities research analyst has rated the stock with a sell rating, three have issued a hold rating and five have given a buy rating to the stock. According to MarketBeat, the stock has a consensus rating of "Hold" and an average target price of $143.67.
Read Our Latest Stock Report on LEU
Centrus Energy Price Performance
Shares of Centrus Energy stock traded down $4.24 during trading on Thursday, hitting $123.50. 1,251,429 shares of the company's stock traded hands, compared to its average volume of 751,738. The company has a debt-to-equity ratio of 3.09, a current ratio of 2.93 and a quick ratio of 2.46. The firm's fifty day moving average price is $76.68 and its 200 day moving average price is $80.14. Centrus Energy Corp. has a twelve month low of $33.51 and a twelve month high of $136.00. The company has a market cap of $2.07 billion, a PE ratio of 28.00 and a beta of 1.14.
Centrus Energy (NYSE:LEU - Get Free Report) last issued its earnings results on Wednesday, May 7th. The company reported $1.60 earnings per share 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 quarter last year, the company posted ($0.38) EPS. The business's revenue for the quarter was up 67.3% compared to the same quarter last year. Analysts forecast that Centrus Energy Corp. will post 2.63 earnings per share for the current year.
Centrus Energy Profile
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Free Report)
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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