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Centrus Energy Corp. (NYSE:LEU) Shares Acquired by NBC Securities Inc.

Centrus Energy logo with Basic Materials background

NBC Securities Inc. raised its stake in shares of Centrus Energy Corp. (NYSE:LEU - Free Report) by 102,620.0% in the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 10,272 shares of the company's stock after buying an additional 10,262 shares during the period. NBC Securities Inc. owned about 0.06% of Centrus Energy worth $639,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently modified their holdings of the company. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its holdings in Centrus Energy by 1.4% during the fourth quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 979,976 shares of the company's stock valued at $65,276,000 after buying an additional 13,764 shares during the last quarter. Vanguard Group Inc. lifted its stake in shares of Centrus Energy by 8.0% during the 4th quarter. Vanguard Group Inc. now owns 967,393 shares of the company's stock valued at $64,438,000 after buying an additional 71,872 shares in the last quarter. Anatole Investment Management Ltd purchased a new position in shares of Centrus Energy during the 4th quarter valued at $27,880,000. Geode Capital Management LLC lifted its position in shares of 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 acquiring an additional 5,668 shares in the last quarter. Finally, Dimensional Fund Advisors LP lifted its holdings in Centrus Energy by 2.7% in the 4th quarter. Dimensional Fund Advisors LP now owns 320,876 shares of the company's stock worth $21,375,000 after purchasing an additional 8,539 shares in the last quarter. 49.96% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

Several research firms have commented on LEU. Evercore ISI initiated coverage on shares of Centrus Energy in a report on Wednesday, May 14th. They set an "outperform" rating and a $145.00 price objective for the company. HC Wainwright assumed coverage on shares of Centrus Energy in a research report on Tuesday, February 25th. They set a "buy" rating and a $300.00 price objective on the stock. Bank of America assumed coverage on Centrus Energy in a research note on Wednesday. They set a "buy" rating and a $160.00 price target for the company. Craig Hallum began coverage on shares of Centrus Energy in a research note on Tuesday, April 1st. They issued a "buy" rating and a $129.00 target price on the stock. Finally, Citigroup assumed coverage on shares of Centrus Energy in a research note on Tuesday, March 4th. They set a "neutral" rating and a $104.00 price target for the company. One analyst has rated the stock with a sell rating, three have given a hold rating and six have given a buy rating to the stock. According to data from MarketBeat, the company currently has a consensus rating of "Moderate Buy" and an average target price of $146.00.

Check Out Our Latest Analysis on Centrus Energy

Insider Activity at Centrus Energy

In other Centrus Energy 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 sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, CFO Kevin J. Harrill sold 1,728 shares of the firm's stock in a transaction dated Friday, May 30th. The stock was sold at an average price of $126.00, for a total value of $217,728.00. The disclosure for this sale can be found here. 1.00% of the stock is currently owned by corporate insiders.

Centrus Energy Stock Up 5.0%

NYSE:LEU traded up $6.77 during trading hours on Friday, reaching $143.11. The company's stock had a trading volume of 994,668 shares, compared to its average volume of 777,837. The stock has a 50 day moving average price of $83.99 and a two-hundred day moving average price of $82.16. 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 company has a market capitalization of $2.40 billion, a P/E ratio of 32.45 and a beta of 1.37. Centrus Energy Corp. has a 12 month low of $33.51 and a 12 month high of $146.83.

Centrus Energy (NYSE:LEU - Get Free Report) last issued its quarterly earnings data on Wednesday, May 7th. The company reported $1.60 earnings per share for the quarter, beating analysts' consensus estimates of ($0.08) by $1.68. Centrus Energy had a return on equity of 84.09% and a net margin of 16.56%. During the same quarter in the prior year, the company earned ($0.38) EPS. The business's quarterly revenue was up 67.3% compared to the same quarter last year. Equities analysts predict that Centrus Energy Corp. will post 2.63 EPS for the current fiscal year.

About Centrus Energy

(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.

Further Reading

Institutional Ownership by Quarter for Centrus Energy (NYSE:LEU)

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