Dynamic Technology Lab Private Ltd Buys Shares of 10,040 Centrus Energy Corp. $LEU

Key Points

• Dynamic Technology Lab Private Ltd has acquired a stake of 10,040 shares in Centrus Energy Corp., valued at approximately $625,000 and representing about 0.06% of the company's total equity.
• Other institutional investors have significantly increased their stakes in Centrus Energy, notably Voloridge Investment Management by 1,300.5% and Two Sigma Investments by 941.6%.
• Centrus Energy's recent earnings report showed an EPS of $1.59, surpassing analyst expectations, but revenue declined by 18.3% year-over-year.

Dynamic Technology Lab Private Ltd purchased a new position in shares of Centrus Energy Corp. (NYSE:LEU - Free Report) during the first quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor purchased 10,040 shares of the company's stock, valued at approximately $625,000. Dynamic Technology Lab Private Ltd owned approximately 0.06% of Centrus Energy at the end of the most recent quarter.

Other hedge funds also recently bought and sold shares of the company. Stone House Investment Management LLC purchased a new position in Centrus Energy during the first quarter worth approximately $28,000. State of Wyoming purchased a new position in Centrus Energy during the fourth quarter worth approximately $33,000. Comerica Bank boosted its position in Centrus Energy by 589.5% during the first quarter. Comerica Bank now owns 655 shares of the company's stock worth $41,000 after purchasing an additional 560 shares in the last quarter. KBC Group NV purchased a new position in Centrus Energy during the first quarter worth approximately $53,000. Finally, Parallel Advisors LLC boosted its position in Centrus Energy by 69.5% during the first quarter. Parallel Advisors LLC now owns 1,271 shares of the company's stock worth $79,000 after purchasing an additional 521 shares in the last quarter. Hedge funds and other institutional investors own 49.96% of the company's stock.

Centrus Energy Trading Down 1.0%

Centrus Energy stock traded down $2.19 during trading on Friday, reaching $222.13. 661,966 shares of the company were exchanged, compared to its average volume of 1,057,321. Centrus Energy Corp. has a 52-week low of $39.03 and a 52-week high of $264.90. The company has a market capitalization of $4.04 billion, a P/E ratio of 50.37 and a beta of 1.53. 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 stock's 50 day simple moving average is $208.91 and its two-hundred day simple moving average is $138.60.

Centrus Energy (NYSE:LEU - Get Free Report) last announced its quarterly earnings data on Tuesday, August 5th. The company reported $1.59 EPS for the quarter, topping analysts' consensus estimates of $0.58 by $1.01. 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 business earned $1.89 EPS. The business's revenue for the quarter was down 18.3% on a year-over-year basis. On average, equities research analysts expect that Centrus Energy Corp. will post 2.63 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

LEU has been the topic of a number of recent analyst reports. William Blair reiterated an "outperform" rating on shares of Centrus Energy in a research report on Wednesday, July 9th. UBS Group raised Centrus Energy to a "hold" rating and set a $215.00 target price for the company in a report on Monday, July 21st. B. Riley reissued a "buy" rating and set a $221.00 target price (up previously from $134.00) on shares of Centrus Energy in a report on Monday, June 23rd. Northland Capmk raised Centrus Energy to a "strong-buy" rating in a report on Monday, July 7th. Finally, Bank of America reissued a "neutral" rating and set a $285.00 target price (up previously from $210.00) on shares of Centrus Energy in a report on Thursday, August 7th. One investment analyst has rated the stock with a Strong Buy rating, seven have issued a Buy rating and six have issued a Hold rating to the stock. Based on data from MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and a consensus target price of $202.09.

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.