Virtu Financial LLC Has $596,000 Stock Holdings in Centrus Energy Corp. (NYSE:LEU)

Key Points

• Virtu Financial LLC has reduced its stake in Centrus Energy Corp. by 46.6% during the first quarter, now owning 9,575 shares valued at approximately $596,000.
• Several institutional investors, including the Swiss National Bank and Cetera Investment Advisers, have significantly increased their positions in Centrus Energy during the same period, indicating heightened investor interest.
• Equities research analysts have set various price targets for Centrus Energy, with a consensus price target of $202.09, reflecting a generally positive outlook on the stock.

Virtu Financial LLC decreased its position in shares of Centrus Energy Corp. (NYSE:LEU - Free Report) by 46.6% in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 9,575 shares of the company's stock after selling 8,365 shares during the period. Virtu Financial LLC owned 0.06% of Centrus Energy worth $596,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. GAMMA Investing LLC boosted its holdings in Centrus Energy by 8,075.0% during the first quarter. GAMMA Investing LLC now owns 12,753 shares of the company's stock valued at $793,000 after purchasing an additional 12,597 shares in the last quarter. Wealth Enhancement Advisory Services LLC grew its stake in Centrus Energy by 380.9% during the first quarter. Wealth Enhancement Advisory Services LLC now owns 6,449 shares of the company's stock worth $401,000 after buying an additional 5,108 shares during the last quarter. KBC Group NV bought a new stake in Centrus Energy during the first quarter worth about $53,000. Teacher Retirement System of Texas grew its stake in shares of Centrus Energy by 21.1% during the first quarter. Teacher Retirement System of Texas now owns 13,913 shares of the company's stock valued at $866,000 after purchasing an additional 2,422 shares during the last quarter. Finally, JPMorgan Chase & Co. grew its stake in shares of Centrus Energy by 20.9% during the fourth quarter. JPMorgan Chase & Co. now owns 7,604 shares of the company's stock valued at $507,000 after purchasing an additional 1,316 shares during the last quarter. Institutional investors and hedge funds own 49.96% of the company's stock.

Analyst Ratings Changes

Several research firms have recently commented on LEU. JPMorgan Chase & Co. increased their price target on shares of Centrus Energy from $150.00 to $164.00 and gave the company a "neutral" rating in a research note on Thursday, August 7th. Evercore ISI increased their price target on shares of Centrus Energy from $251.00 to $252.00 and gave the company an "outperform" rating in a research note on Friday, August 8th. Stifel Nicolaus began coverage on shares of Centrus Energy in a research note on Friday, July 11th. They set a "buy" rating and a $220.00 price target on the stock. Northland Capmk raised shares of Centrus Energy to a "strong-buy" rating in a research note on Monday, July 7th. Finally, B. Riley reissued a "buy" rating and set a $221.00 price target (up from $134.00) on shares of Centrus Energy in a research note on Monday, June 23rd. One analyst has rated the stock with a sell rating, six have issued a hold rating, seven have given a buy rating and one has given a strong buy rating to the company. According to MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and an average price target of $202.09.

Centrus Energy Trading Down 3.0%

LEU traded down $5.67 during mid-day trading on Friday, hitting $183.41. The stock had a trading volume of 1,664,367 shares, compared to its average volume of 1,039,169. The stock's fifty day simple moving average is $198.30 and its 200-day simple moving average is $125.04. 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 has a market capitalization of $3.12 billion, a price-to-earnings ratio of 41.59 and a beta of 1.35. Centrus Energy Corp. has a 1-year low of $34.91 and a 1-year high of $264.90.

Centrus Energy (NYSE:LEU - Get Free Report) last posted its earnings results on Tuesday, August 5th. The company reported $1.59 earnings per share for the quarter, topping the consensus estimate of $0.58 by $1.01. Centrus Energy had a net margin of 16.56% and a return on equity of 84.09%. The company's revenue for the quarter was down 18.3% on a year-over-year basis. During the same period last year, the firm earned $1.89 EPS. As a group, research analysts forecast that Centrus Energy Corp. will post 2.63 EPS for the current fiscal year.

Insider Activity at Centrus Energy

In related news, CFO Kevin J. Harrill sold 1,728 shares of the firm'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 transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. 1.00% of the stock is currently owned by insiders.

Centrus Energy 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.