Two Sigma Investments LP Acquires 72,204 Shares of Centrus Energy Corp. (NYSE:LEU)

Two Sigma Investments LP lifted its holdings in Centrus Energy Corp. (NYSE:LEU - Free Report) by 941.6% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 79,872 shares of the company's stock after buying an additional 72,204 shares during the quarter. Two Sigma Investments LP owned approximately 0.49% of Centrus Energy worth $5,320,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the business. State of Wyoming purchased a new stake in shares of Centrus Energy in the 4th quarter worth about $33,000. Point72 Asset Management L.P. grew its position in Centrus Energy by 107.2% during the 4th quarter. Point72 Asset Management L.P. now owns 128,535 shares of the company's stock valued at $8,562,000 after purchasing an additional 66,512 shares during the last quarter. ProShare Advisors LLC purchased a new stake in Centrus Energy during the 4th quarter valued at about $272,000. Nuveen Asset Management LLC grew its position in Centrus Energy by 0.6% during the 4th quarter. Nuveen Asset Management LLC now owns 29,226 shares of the company's stock valued at $1,947,000 after purchasing an additional 188 shares during the last quarter. Finally, Meros Investment Management LP purchased a new stake in Centrus Energy during the 4th quarter valued at about $960,000. 49.96% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

Several analysts recently commented on LEU shares. Citigroup started coverage on shares of Centrus Energy in a research report on Tuesday, March 4th. They set a "neutral" rating and a $104.00 price objective on the stock. Craig Hallum initiated coverage on shares of Centrus Energy in a research report on Tuesday, April 1st. They set a "buy" rating and a $129.00 price objective on the stock. Wall Street Zen upgraded shares of Centrus Energy to a "sell" rating in a research note on Monday, February 10th. William Blair initiated coverage on shares of Centrus Energy in a research note on Wednesday. They set an "outperform" rating on the stock. Finally, Evercore ISI initiated coverage on shares of Centrus Energy in a research note on Wednesday, May 14th. They set an "outperform" rating and a $145.00 target price on the stock. One equities research analyst has rated the stock with a sell rating, three have assigned a hold rating and five have issued a buy rating to the company. According to data from MarketBeat, the stock currently has a consensus rating of "Hold" and an average price target of $143.67.

Centrus Energy Stock Performance

NYSE LEU traded down $4.24 on Thursday, reaching $123.50. 1,251,429 shares of the stock were exchanged, compared to its average volume of 749,699. 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 Corp. has a one year low of $33.51 and a one year high of $136.00. The firm has a market capitalization of $2.07 billion, a PE ratio of 28.00 and a beta of 1.14. The company's 50-day simple moving average is $76.68 and its two-hundred day simple moving average is $80.14.

Centrus Energy (NYSE:LEU - Get Free Report) last issued its quarterly earnings results on Wednesday, May 7th. The company reported $1.60 earnings per share for the quarter, beating 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 prior year, the company earned ($0.38) EPS. Centrus Energy's revenue was up 67.3% compared to the same quarter last year. Analysts expect that Centrus Energy Corp. will post 2.63 EPS for the current fiscal year.

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 that occurred on 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 available at this hyperlink. Insiders own 1.00% of the company's stock.

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.