Centrus Energy Corp. $LEU Holdings Lifted by Fulcrum Asset Management LLP

Key Points

• Fulcrum Asset Management boosted its Centrus stake by 1,721.2% in Q4 to 9,379 shares (≈$2.28M), now owning about 0.05% of the company while institutional investors hold roughly 49.96% of the stock.
• Centrus beat quarterly estimates with EPS of $1.05 (vs. $0.33 expected) on $76.7M revenue, but the stock opened down 10.5% at $207.06; analysts' consensus is a "Moderate Buy" with an average price target of $268.82 and a market cap of $4.07B (PE 68.56).

Fulcrum Asset Management LLP grew its position in Centrus Energy Corp. (NYSE:LEU - Free Report) by 1,721.2% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 9,379 shares of the company's stock after purchasing an additional 8,864 shares during the period. Fulcrum Asset Management LLP owned approximately 0.05% of Centrus Energy worth $2,277,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently bought and sold shares of LEU. Aventura Private Wealth LLC acquired a new stake in shares of Centrus Energy in the 4th quarter worth approximately $30,000. RiverPark Advisors LLC acquired a new stake in shares of Centrus Energy in the 3rd quarter worth approximately $33,000. Rothschild Investment LLC lifted its stake in shares of Centrus Energy by 54.9% in the 3rd quarter. Rothschild Investment LLC now owns 127 shares of the company's stock worth $39,000 after acquiring an additional 45 shares during the period. Pilgrim Partners Asia Pte Ltd acquired a new stake in shares of Centrus Energy in the 4th quarter worth approximately $39,000. Finally, Atlantic Union Bankshares Corp acquired a new stake in shares of Centrus Energy in the 3rd quarter worth approximately $41,000. Institutional investors own 49.96% of the company's stock.

Analyst Ratings Changes

A number of analysts have recently weighed in on LEU shares. Roth Mkm reaffirmed a "neutral" rating and issued a $137.00 price target on shares of Centrus Energy in a research note on Wednesday, February 11th. Northland Securities set a $285.00 price target on shares of Centrus Energy in a research note on Thursday, February 12th. UBS Group reduced their price target on shares of Centrus Energy from $245.00 to $195.00 and set a "neutral" rating for the company in a research note on Thursday, March 5th. Zacks Research lowered shares of Centrus Energy from a "hold" rating to a "strong sell" rating in a research note on Friday, April 17th. Finally, Citigroup reduced their price target on shares of Centrus Energy from $292.00 to $225.00 and set a "neutral" rating for the company in a research note on Wednesday, February 18th. One analyst has rated the stock with a Strong Buy rating, six have issued a Buy rating, six have given a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat, the stock has an average rating of "Moderate Buy" and a consensus price target of $268.82.

Centrus Energy Stock Down 10.5%

LEU stock opened at $207.06 on Friday. Centrus Energy Corp. has a 12 month low of $80.45 and a 12 month high of $464.25. The firm has a market cap of $4.07 billion, a PE ratio of 68.56, a P/E/G ratio of 22.97 and a beta of 1.43. The firm has a 50 day simple moving average of $198.47 and a 200 day simple moving average of $249.36. 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 (NYSE:LEU - Get Free Report) last released its earnings results on Tuesday, May 5th. The company reported $1.05 EPS for the quarter, beating the consensus estimate of $0.33 by $0.72. Centrus Energy had a net margin of 13.40% and a return on equity of 14.95%. The business had revenue of $76.70 million during the quarter, compared to analyst estimates of $76.13 million. During the same period in the prior year, the business earned $1.60 earnings per share. The business's quarterly revenue was up 4.9% on a year-over-year basis. Equities research analysts forecast that Centrus Energy Corp. will post 2.66 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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