Goehring & Rozencwajg Associates LLC Increases Stock Holdings in Centrus Energy Corp. (NYSE:LEU)

Goehring & Rozencwajg Associates LLC grew its holdings in Centrus Energy Corp. (NYSE:LEU - Free Report) by 2.2% during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 212,362 shares of the company's stock after purchasing an additional 4,606 shares during the quarter. Centrus Energy comprises about 2.4% of Goehring & Rozencwajg Associates LLC's portfolio, making the stock its 11th biggest position. Goehring & Rozencwajg Associates LLC owned approximately 1.27% of Centrus Energy worth $13,211,000 at the end of the most recent quarter.

Several other institutional investors have also recently added to or reduced their stakes in the business. Nuveen Asset Management LLC increased its stake in Centrus Energy by 0.6% in the 4th quarter. Nuveen Asset Management LLC now owns 29,226 shares of the company's stock valued at $1,947,000 after buying an additional 188 shares during the last quarter. PNC Financial Services Group Inc. grew its stake in Centrus Energy by 77.4% in the 4th quarter. PNC Financial Services Group Inc. now owns 440 shares of the company's stock valued at $29,000 after buying an additional 192 shares in the last quarter. Old West Investment Management LLC grew its holdings in Centrus Energy by 1.9% during the 4th quarter. Old West Investment Management LLC now owns 10,147 shares of the company's stock valued at $676,000 after buying an additional 192 shares in the last quarter. Summit Investment Advisors Inc. grew its stake in Centrus Energy by 16.2% during the fourth quarter. Summit Investment Advisors Inc. now owns 1,399 shares of the company's stock valued at $93,000 after acquiring an additional 195 shares in the last quarter. Finally, SeaCrest Wealth Management LLC grew its position in shares of Centrus Energy by 3.0% during the 1st quarter. SeaCrest Wealth Management LLC now owns 12,068 shares of the company's stock valued at $751,000 after purchasing an additional 353 shares in the last quarter. 49.96% of the stock is owned by institutional investors and hedge funds.

Centrus Energy Stock Up 0.1%

Shares of LEU traded up $0.12 during midday trading on Friday, hitting $176.58. 462,090 shares of the company's stock traded hands, compared to its average volume of 865,240. The stock has a market capitalization of $3.01 billion, a price-to-earnings ratio of 40.04 and a beta of 1.45. The company has a current ratio of 2.93, a quick ratio of 2.46 and a debt-to-equity ratio of 3.09. The firm's fifty day moving average is $129.49 and its 200-day moving average is $95.69. Centrus Energy Corp. has a 1 year low of $33.51 and a 1 year high of $211.31.

Centrus Energy (NYSE:LEU - Get Free Report) last issued its earnings results on Wednesday, May 7th. The company reported $1.60 earnings per share (EPS) for the quarter, topping 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 in the previous year, the firm earned ($0.38) earnings per share. The company's quarterly revenue was up 67.3% on a year-over-year basis. As a group, sell-side analysts anticipate that Centrus Energy Corp. will post 2.63 earnings per share for the current year.

Insider Activity at Centrus Energy

In other Centrus Energy news, CFO Kevin J. Harrill sold 1,728 shares of Centrus Energy 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 legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, SVP John M. A. Donelson sold 3,732 shares of the business'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 value of $359,428.92. The disclosure for this sale can be found here. 1.00% of the stock is owned by insiders.

Analyst Ratings Changes

A number of equities analysts have commented on LEU shares. Bank of America assumed coverage on shares of Centrus Energy in a research note on Wednesday, June 4th. They issued a "buy" rating and a $160.00 price target for the company. Evercore ISI reissued an "outperform" rating and set a $205.00 price target (up previously from $145.00) on shares of Centrus Energy in a research report on Wednesday, June 18th. William Blair began coverage on shares of Centrus Energy in a report on Wednesday, May 28th. They issued an "outperform" rating for the company. Craig Hallum began coverage on shares of Centrus Energy in a report on Tuesday, April 1st. They set a "buy" rating and a $129.00 target price for the company. Finally, B. Riley restated a "buy" rating and issued a $221.00 price objective (up from $134.00) on shares of Centrus Energy in a report on Monday, June 23rd. One investment analyst has rated the stock with a sell rating, four have issued a hold rating and six have assigned a buy rating to the company's stock. According to MarketBeat.com, Centrus Energy presently has a consensus rating of "Hold" and a consensus target price of $165.63.

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.