Two Sigma Advisers LP Makes New $4.70 Million Investment in Centrus Energy Corp. (NYSE:LEU)

Two Sigma Advisers LP acquired a new position in Centrus Energy Corp. (NYSE:LEU - Free Report) in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund acquired 70,600 shares of the company's stock, valued at approximately $4,703,000. Two Sigma Advisers LP owned approximately 0.43% of Centrus Energy as of its most recent SEC filing.

Several other hedge funds also recently made changes to their positions in the business. Anatole Investment Management Ltd acquired a new position in shares of Centrus Energy in the 4th quarter valued at approximately $27,880,000. Reaves W H & Co. Inc. acquired a new stake in shares of Centrus Energy in the 4th quarter valued at $15,215,000. Soros Fund Management LLC bought a new position in shares of Centrus Energy in the 4th quarter valued at $14,821,000. Driehaus Capital Management LLC acquired a new position in shares of Centrus Energy during the 4th quarter worth $10,367,000. Finally, Two Sigma Investments LP lifted its position in shares of Centrus Energy by 941.6% during the 4th quarter. Two Sigma Investments LP now owns 79,872 shares of the company's stock worth $5,320,000 after buying an additional 72,204 shares during the last quarter. 49.96% of the stock is owned by institutional investors.

Insider Buying and Selling at Centrus Energy

In other news, 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 transaction was disclosed in a filing with the SEC, which is available at this link. 1.00% of the stock is currently owned by company insiders.

Analyst Upgrades and Downgrades

Several equities analysts recently commented on LEU shares. William Blair initiated coverage on shares of Centrus Energy in a research note on Wednesday. They issued an "outperform" rating for the company. Wall Street Zen raised Centrus Energy to a "sell" rating in a report on Monday, February 10th. Craig Hallum began coverage on Centrus Energy in a report on Tuesday, April 1st. They set a "buy" rating and a $129.00 price target on the stock. Citigroup assumed coverage on shares of Centrus Energy in a research report on Tuesday, March 4th. They set a "neutral" rating and a $104.00 target price on the stock. Finally, HC Wainwright initiated coverage on shares of Centrus Energy in a research report on Tuesday, February 25th. They issued a "buy" rating and a $300.00 price target for the company. One equities research analyst has rated the stock with a sell rating, three have given a hold rating and five have issued a buy rating to the company's stock. Based on data from MarketBeat.com, Centrus Energy presently has a consensus rating of "Hold" and a consensus price target of $143.67.

Centrus Energy Stock Performance

LEU traded up $1.91 during midday trading on Friday, reaching $125.41. The company had a trading volume of 567,707 shares, compared to its average volume of 751,110. The business has a 50-day moving average price of $77.61 and a two-hundred day moving average price of $80.36. The company has a debt-to-equity ratio of 3.09, a quick ratio of 2.46 and a current ratio of 2.93. Centrus Energy Corp. has a 12-month low of $33.51 and a 12-month high of $136.00. The stock has a market cap of $2.10 billion, a PE ratio of 28.46 and a beta of 1.14.

Centrus Energy (NYSE:LEU - Get Free Report) last announced 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%. During the same quarter in the previous year, the company posted ($0.38) EPS. The firm's quarterly revenue was up 67.3% on a year-over-year basis. On average, sell-side analysts expect that Centrus Energy Corp. will post 2.63 earnings per share for the current fiscal year.

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.