Goehring & Rozencwajg Associates LLC Buys 4,606 Shares of Centrus Energy Corp. (NYSE:LEU)

Goehring & Rozencwajg Associates LLC increased its holdings in Centrus Energy Corp. (NYSE:LEU - Free Report) by 2.2% during the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 212,362 shares of the company's stock after purchasing an additional 4,606 shares during the period. Centrus Energy accounts for 2.4% of Goehring & Rozencwajg Associates LLC's holdings, making the stock its 11th biggest holding. Goehring & Rozencwajg Associates LLC owned 1.27% of Centrus Energy worth $13,211,000 as of its most recent SEC filing.

Several other hedge funds have also modified their holdings of the company. SBI Securities Co. Ltd. purchased a new position in shares of Centrus Energy during the fourth quarter valued at $225,000. Charles Schwab Investment Management Inc. lifted its holdings in shares of Centrus Energy by 5.9% during the fourth quarter. Charles Schwab Investment Management Inc. now owns 121,392 shares of the company's stock worth $8,086,000 after purchasing an additional 6,709 shares during the period. Raymond James Financial Inc. acquired a new stake in shares of Centrus Energy during the fourth quarter worth about $370,000. PNC Financial Services Group Inc. lifted its holdings in Centrus Energy by 77.4% in the fourth quarter. PNC Financial Services Group Inc. now owns 440 shares of the company's stock valued at $29,000 after acquiring an additional 192 shares during the period. Finally, Prosperity Wealth Management Inc. purchased a new stake in Centrus Energy during the fourth quarter worth $309,000. 49.96% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

A number of analysts have recently commented on the stock. 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 research note on Monday, June 23rd. Bank of America started coverage on Centrus Energy in a report on Wednesday, June 4th. They issued a "buy" rating and a $160.00 price objective on the stock. William Blair started coverage on Centrus Energy in a research report on Wednesday, May 28th. They issued an "outperform" rating on the stock. Evercore ISI restated an "outperform" rating and issued a $205.00 target price (up previously from $145.00) on shares of Centrus Energy in a research report on Wednesday, June 18th. Finally, Northland Securities initiated coverage on Centrus Energy in a research report on Monday. They set an "outperform" rating and a $205.00 price target for the company. One equities research analyst has rated the stock with a sell rating, four have given a hold rating and seven have given a buy rating to the company. Based on data from MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and a consensus target price of $170.00.

Centrus Energy Stock Up 4.6%

NYSE LEU traded up $8.00 on Monday, hitting $183.65. 1,048,050 shares of the stock traded hands, compared to its average volume of 865,981. The stock has a 50-day moving average of $129.49 and a 200 day moving average of $96.07. Centrus Energy Corp. has a twelve month low of $33.51 and a twelve month high of $211.31. The company has a market capitalization of $3.13 billion, a P/E ratio of 41.64 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.

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

Insiders Place Their Bets

In other Centrus Energy news, 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 transaction of $217,728.00. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Also, SVP John M. A. Donelson sold 3,732 shares of Centrus Energy stock in a transaction dated Tuesday, May 13th. The stock was 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 currently owned by company insiders.

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.