Deutsche Bank AG Increases Stock Holdings in Centrus Energy Corp. (NYSE:LEU)

Deutsche Bank AG lifted its position in Centrus Energy Corp. (NYSE:LEU - Free Report) by 70.8% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 14,385 shares of the company's stock after purchasing an additional 5,963 shares during the quarter. Deutsche Bank AG owned about 0.09% of Centrus Energy worth $958,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently modified their holdings of the company. Vanguard Group Inc. grew its holdings in shares of Centrus Energy by 8.0% in the fourth quarter. Vanguard Group Inc. now owns 967,393 shares of the company's stock valued at $64,438,000 after purchasing an additional 71,872 shares during the period. Anatole Investment Management Ltd acquired a new position in Centrus Energy in the fourth quarter valued at about $27,880,000. Geode Capital Management LLC lifted its position in Centrus Energy by 1.8% in the fourth quarter. Geode Capital Management LLC now owns 325,603 shares of the company's stock valued at $21,694,000 after buying an additional 5,668 shares during the last quarter. Dimensional Fund Advisors LP lifted its position in Centrus Energy by 2.7% in the fourth quarter. Dimensional Fund Advisors LP now owns 320,876 shares of the company's stock valued at $21,375,000 after buying an additional 8,539 shares during the last quarter. Finally, Reaves W H & Co. Inc. acquired a new position in Centrus Energy in the fourth quarter valued at about $15,215,000. Hedge funds and other institutional investors own 49.96% of the company's stock.

Analyst Upgrades and Downgrades

A number of research analysts have commented on LEU shares. William Blair started coverage on shares of Centrus Energy in a research report on Wednesday. They issued an "outperform" rating on the stock. Wall Street Zen raised shares of Centrus Energy to a "sell" rating in a research report on Monday, February 10th. HC Wainwright started coverage on shares of Centrus Energy in a research report on Tuesday, February 25th. They issued a "buy" rating and a $300.00 target price on the stock. Craig Hallum started coverage on shares of Centrus Energy in a research report on Tuesday, April 1st. They issued a "buy" rating and a $129.00 target price on the stock. Finally, Evercore ISI started coverage on shares of Centrus Energy in a research report on Wednesday, May 14th. They issued an "outperform" rating and a $145.00 target price on the stock. One investment analyst has rated the stock with a sell rating, three have issued a hold rating and five have issued a buy rating to the company's stock. According to MarketBeat.com, the company has a consensus rating of "Hold" and an average target price of $143.67.

Insider Buying and Selling

In related news, SVP John M. A. Donelson sold 3,732 shares of the company's stock in a transaction that occurred on Tuesday, May 13th. The shares were sold at an average price of $96.31, for a total transaction of $359,428.92. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Insiders own 1.00% of the company's stock.

Centrus Energy Stock Up 1.4%

Shares of LEU traded up $1.79 during mid-day trading on Friday, hitting $125.29. 885,205 shares of the company's stock were exchanged, compared to its average volume of 752,399. The company has a market cap of $2.10 billion, a price-to-earnings ratio of 28.40 and a beta of 1.14. Centrus Energy Corp. has a fifty-two week low of $33.51 and a fifty-two week high of $136.00. The company has a debt-to-equity ratio of 3.09, a quick ratio of 2.46 and a current ratio of 2.93. The stock's 50-day moving average is $77.61 and its 200-day moving average is $80.36.

Centrus Energy (NYSE:LEU - Get Free Report) last released its earnings results on Wednesday, May 7th. The company reported $1.60 earnings per share for the quarter, topping analysts' consensus estimates 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 business earned ($0.38) EPS. Centrus Energy's revenue was up 67.3% compared to the same quarter last year. On average, sell-side analysts anticipate that Centrus Energy Corp. will post 2.63 earnings per share for the current fiscal year.

About Centrus Energy

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.