Centrus Energy Corp. (NYSE:LEU) Shares Bought by UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC

UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC raised its stake in Centrus Energy Corp. (NYSE:LEU - Free Report) by 16.1% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 37,301 shares of the company's stock after buying an additional 5,179 shares during the period. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC owned about 0.23% of Centrus Energy worth $2,485,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds have also added to or reduced their stakes in the stock. Cape Investment Advisory Inc. bought a new position in shares of Centrus Energy in the 4th quarter worth $27,000. PNC Financial Services Group Inc. grew its stake in shares of Centrus Energy by 77.4% during the fourth quarter. PNC Financial Services Group Inc. now owns 440 shares of the company's stock worth $29,000 after acquiring an additional 192 shares during the last quarter. State of Wyoming acquired a new position in Centrus Energy during the 4th quarter valued at approximately $33,000. Altshuler Shaham Ltd purchased a new position in Centrus Energy in the 4th quarter worth $49,000. Finally, National Bank of Canada FI acquired a new stake in shares of Centrus Energy during the fourth quarter worth about $51,000. 49.96% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

Several analysts have recently 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 objective on the stock. Craig Hallum initiated coverage on shares of Centrus Energy in a report on Tuesday, April 1st. They issued a "buy" rating and a $129.00 price target on the stock. Evercore ISI initiated coverage on Centrus Energy in a research report on Wednesday, May 14th. They set an "outperform" rating and a $145.00 price target on the stock. William Blair initiated coverage on Centrus Energy in a research note on Wednesday, May 28th. They set an "outperform" rating for the company. Finally, HC Wainwright assumed coverage on Centrus Energy in a report on Tuesday, February 25th. They issued a "buy" rating and a $300.00 price objective for the company. One investment analyst has rated the stock with a sell rating, three have issued a hold rating and six have assigned a buy rating to the stock. According to data from MarketBeat, Centrus Energy has a consensus rating of "Moderate Buy" and an average price target of $146.00.

Centrus Energy Price Performance

Shares of LEU stock traded down $0.16 during mid-day trading on Tuesday, hitting $145.92. 968,301 shares of the stock were exchanged, compared to its average volume of 786,818. The company has a quick ratio of 2.46, a current ratio of 2.93 and a debt-to-equity ratio of 3.09. Centrus Energy Corp. has a 52-week low of $33.51 and a 52-week high of $152.72. The firm has a fifty day moving average of $87.22 and a 200 day moving average of $83.17. The company has a market cap of $2.49 billion, a PE ratio of 33.09 and a beta of 1.37.

Centrus Energy (NYSE:LEU - Get Free Report) last issued its quarterly earnings data 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 business's quarterly revenue was up 67.3% compared to the same quarter last year. During the same period last year, the company earned ($0.38) EPS. Research analysts anticipate that Centrus Energy Corp. will post 2.63 earnings per share for the current year.

Insider Activity at Centrus Energy

In other news, CFO Kevin J. Harrill sold 1,728 shares of Centrus Energy stock in a transaction dated Friday, May 30th. The shares were sold at an average price of $126.00, for a total value of $217,728.00. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, SVP John M. A. Donelson sold 3,732 shares of the company's stock in a transaction dated Tuesday, May 13th. The stock was sold at an average price of $96.31, for a total transaction of $359,428.92. The disclosure for this sale can be found here. 1.00% of the stock is owned by corporate insiders.

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.