Centrus Energy Corp. (NYSE:LEU) Shares Sold by Sara Bay Financial

Sara Bay Financial decreased its position in shares of Centrus Energy Corp. (NYSE:LEU - Free Report) by 1.1% during the 1st quarter, according to the company in its most recent disclosure with the SEC. The fund owned 320,401 shares of the company's stock after selling 3,552 shares during the quarter. Centrus Energy makes up about 9.4% of Sara Bay Financial's holdings, making the stock its 3rd largest position. Sara Bay Financial owned 1.91% of Centrus Energy worth $21,227,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also made changes to their positions in LEU. SeaCrest Wealth Management LLC increased its holdings in shares of Centrus Energy by 3.0% in the 1st quarter. SeaCrest Wealth Management LLC now owns 12,068 shares of the company's stock valued at $751,000 after acquiring an additional 353 shares during the period. NBC Securities Inc. grew its position in Centrus Energy by 102,620.0% during the 1st quarter. NBC Securities Inc. now owns 10,272 shares of the company's stock worth $639,000 after purchasing an additional 10,262 shares during the last quarter. Rhumbline Advisers increased its stake in Centrus Energy by 2.1% in the first quarter. Rhumbline Advisers now owns 21,870 shares of the company's stock valued at $1,361,000 after purchasing an additional 441 shares during the period. Parallel Advisors LLC increased its stake in Centrus Energy by 69.5% in the first quarter. Parallel Advisors LLC now owns 1,271 shares of the company's stock valued at $79,000 after purchasing an additional 521 shares during the period. Finally, GAMMA Investing LLC raised its holdings in shares of Centrus Energy by 8,075.0% in the first quarter. GAMMA Investing LLC now owns 12,753 shares of the company's stock valued at $793,000 after buying an additional 12,597 shares during the last quarter. Institutional investors and hedge funds own 49.96% of the company's stock.

Analyst Ratings Changes

A number of equities analysts recently issued reports on LEU shares. Citigroup started coverage on Centrus Energy in a report on Tuesday, March 4th. They set a "neutral" rating and a $104.00 price target on the stock. HC Wainwright started coverage on Centrus Energy in a report on Tuesday, February 25th. They issued a "buy" rating and a $300.00 target price on the stock. Wall Street Zen upgraded Centrus Energy to a "sell" rating in a research note on Monday, February 10th. Bank of America began coverage on shares of Centrus Energy in a research report on Wednesday, June 4th. They issued a "buy" rating and a $160.00 price objective on the stock. Finally, 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 price objective on the stock. One equities research analyst has rated the stock with a sell rating, three have assigned a hold rating and six have issued a buy rating to the company. Based on data from MarketBeat, the company has an average rating of "Moderate Buy" and a consensus price target of $146.00.

Insiders Place Their Bets

In other Centrus Energy news, CFO Kevin J. Harrill sold 1,728 shares of the business's stock in a transaction on Friday, May 30th. The shares were sold at an average price of $126.00, for a total value of $217,728.00. The sale was disclosed in a document filed with the SEC, which is available at this link. Also, SVP John M. A. Donelson sold 3,732 shares of the company's 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 disclosure for this sale can be found here. 1.00% of the stock is owned by company insiders.

Centrus Energy Trading Down 0.1%

Shares of LEU traded down $0.16 during trading hours on Tuesday, hitting $145.92. The stock had a trading volume of 968,301 shares, compared to its average volume of 786,819. Centrus Energy Corp. has a 12-month low of $33.51 and a 12-month high of $152.72. The firm has a market cap of $2.49 billion, a P/E ratio of 33.09 and a beta of 1.37. 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's fifty day simple moving average is $87.22 and its 200 day simple moving average is $83.17.

Centrus Energy (NYSE:LEU - Get Free Report) last posted 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 business posted ($0.38) EPS. Centrus Energy's revenue for the quarter was up 67.3% on a year-over-year basis. Equities research analysts forecast that Centrus Energy Corp. will post 2.63 EPS for the current fiscal year.

Centrus Energy Company Profile

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.