Hussman Strategic Advisors Inc. acquired a new position in shares of Centrus Energy Corp. (NYSE:LEU - Free Report) in the first quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund acquired 31,500 shares of the company's stock, valued at approximately $1,960,000. Hussman Strategic Advisors Inc. owned 0.19% of Centrus Energy as of its most recent SEC filing.
A number of other institutional investors also recently made changes to their positions in the company. Wellington Management Group LLP bought a new stake in shares of Centrus Energy in the fourth quarter valued at approximately $3,474,000. GAMMA Investing LLC lifted its stake in Centrus Energy by 8,075.0% during the first quarter. GAMMA Investing LLC now owns 12,753 shares of the company's stock worth $793,000 after purchasing an additional 12,597 shares during the last quarter. Wealth Enhancement Advisory Services LLC lifted 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 purchasing an additional 5,108 shares during the last quarter. KBC Group NV bought a new stake in Centrus Energy during the first quarter worth $53,000. Finally, Teacher Retirement System of Texas lifted its stake in Centrus Energy by 21.1% during the first quarter. Teacher Retirement System of Texas now owns 13,913 shares of the company's stock worth $866,000 after purchasing an additional 2,422 shares during the last quarter. Institutional investors own 49.96% of the company's stock.
Analyst Ratings Changes
Several research analysts have recently issued reports on LEU shares. Northland Capmk upgraded shares of Centrus Energy to a "strong-buy" rating in a report on Monday, July 7th. Evercore ISI set a $205.00 price objective on Centrus Energy and gave the company an "outperform" rating in a report on Tuesday. Bank of America assumed coverage on Centrus Energy in a report on Wednesday, June 4th. They issued a "buy" rating and a $160.00 price objective for the company. JPMorgan Chase & Co. assumed coverage on Centrus Energy in a report on Thursday, June 26th. They issued a "neutral" rating and a $148.00 price objective for the company. Finally, Northland Securities assumed coverage on Centrus Energy in a report on Monday, July 7th. They issued an "outperform" rating and a $205.00 price objective for the company. One investment analyst has rated the stock with a sell rating, four have assigned a hold rating, eight have given a buy rating and one has assigned a strong buy rating to the company's stock. Based on data from MarketBeat.com, the stock has an average rating of "Moderate Buy" and a consensus target price of $175.00.
Read Our Latest Stock Report on Centrus Energy
Centrus Energy Trading Up 6.6%
LEU traded up $15.45 during trading on Friday, reaching $249.34. 1,214,448 shares of the stock traded hands, compared to its average volume of 895,801. The company has a quick ratio of 2.46, a current ratio of 2.93 and a debt-to-equity ratio of 3.09. The stock has a market capitalization of $4.25 billion, a PE ratio of 56.54 and a beta of 1.45. The stock's 50-day moving average is $152.91 and its 200 day moving average is $104.05. Centrus Energy Corp. has a 12 month low of $33.51 and a 12 month high of $249.40.
Centrus Energy (NYSE:LEU - Get Free Report) last issued its quarterly earnings results on Wednesday, May 7th. The company reported $1.60 EPS for the quarter, beating analysts' consensus estimates of ($0.08) by $1.68. Centrus Energy had a net margin of 16.56% and a return on equity of 84.09%. The firm's revenue was up 67.3% on a year-over-year basis. During the same quarter in the previous year, the company earned ($0.38) EPS. Equities analysts anticipate that Centrus Energy Corp. will post 2.63 earnings per share for the current year.
Insider Transactions at Centrus Energy
In other news, SVP John M. A. Donelson sold 3,732 shares of the 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 transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Also, CFO Kevin J. Harrill sold 1,728 shares of the 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 disclosure for this sale can be found here. 1.00% of the stock is owned by corporate insiders.
About Centrus Energy
(
Free Report)
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.
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