Universal Beteiligungs und Servicegesellschaft mbH Invests $591,000 in Centrus Energy Corp. (NYSE:LEU)

Key Points

• Universal Beteiligungs und Servicegesellschaft mbH acquired a new stake in Centrus Energy Corp., buying 9,500 shares valued at approximately $591,000.
• Several institutional investors have increased their positions in Centrus Energy in recent months, indicating growing interest, with hedge funds now owning 49.96% of the company's stock.
• Centrus Energy reported earnings per share of $1.60 for the last quarter, significantly beating analyst estimates, with a revenue increase of 67.3% compared to the previous year.

Universal Beteiligungs und Servicegesellschaft mbH acquired a new stake in Centrus Energy Corp. (NYSE:LEU - Free Report) during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission. The firm acquired 9,500 shares of the company's stock, valued at approximately $591,000. Universal Beteiligungs und Servicegesellschaft mbH owned about 0.06% of Centrus Energy as of its most recent SEC filing.

Several other institutional investors have also bought and sold shares of the stock. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its holdings in shares of Centrus Energy by 1.4% during the fourth quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 979,976 shares of the company's stock valued at $65,276,000 after buying an additional 13,764 shares in the last quarter. Vanguard Group Inc. raised its position in shares of Centrus Energy by 8.0% in the 4th quarter. Vanguard Group Inc. now owns 967,393 shares of the company's stock valued at $64,438,000 after acquiring an additional 71,872 shares during the period. Anatole Investment Management Ltd bought a new position in shares of Centrus Energy during the 4th quarter valued at about $27,880,000. Geode Capital Management LLC boosted its position in shares of Centrus Energy by 1.8% during the fourth quarter. Geode Capital Management LLC now owns 325,603 shares of the company's stock worth $21,694,000 after buying an additional 5,668 shares during the period. Finally, Dimensional Fund Advisors LP boosted its position in Centrus Energy by 2.7% during the fourth quarter. Dimensional Fund Advisors LP now owns 320,876 shares of the company's stock valued at $21,375,000 after purchasing an additional 8,539 shares during the last quarter. Institutional investors and hedge funds own 49.96% of the company's stock.

Insider Activity

In other Centrus Energy news, SVP John M. A. Donelson sold 3,732 shares of the company's stock in a transaction dated Tuesday, May 13th. The shares were sold at an average price of $96.31, for a total value of $359,428.92. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CFO Kevin J. Harrill sold 1,728 shares of the company's stock in a transaction on 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.

Analyst Ratings Changes

A number of equities research analysts have recently weighed in on the company. 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 report on Monday, June 23rd. UBS Group raised Centrus Energy to a "hold" rating and set a $215.00 price objective for the company in a research note on Monday, July 21st. Evercore ISI set a $205.00 price objective on shares of Centrus Energy and gave the stock an "outperform" rating in a research report on Tuesday, July 15th. Northland Securities assumed coverage on shares of Centrus Energy in a report on Monday, July 7th. They issued an "outperform" rating and a $205.00 price objective for the company. Finally, Bank of America assumed coverage on shares of Centrus Energy in a research report on Wednesday, June 4th. They set a "buy" rating and a $160.00 price target for the company. One investment analyst has rated the stock with a sell rating, five have given a hold rating, eight have issued a buy rating and one has assigned a strong buy rating to the company's stock. According to data from MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and a consensus target price of $178.64.

Centrus Energy Price Performance

Shares of NYSE LEU traded up $28.60 during mid-day trading on Wednesday, reaching $242.40. The company had a trading volume of 2,166,947 shares, compared to its average volume of 987,370. The stock has a market cap of $4.13 billion, a PE ratio of 55.18 and a beta of 1.35. Centrus Energy Corp. has a 1-year low of $34.91 and a 1-year high of $264.90. The company has a current ratio of 2.93, a quick ratio of 2.46 and a debt-to-equity ratio of 3.09. The company has a 50-day moving average price of $185.66 and a two-hundred day moving average price of $118.06.

Centrus Energy (NYSE:LEU - Get Free Report) last released its quarterly earnings data on Tuesday, August 5th. The company reported $1.59 earnings per share for the quarter, beating analysts' consensus estimates of $0.58 by $1.01. Centrus Energy had a return on equity of 84.09% and a net margin of 16.56%. The firm's revenue for the quarter was down 18.3% compared to the same quarter last year. During the same quarter in the prior year, the business earned $1.89 EPS. On average, equities analysts anticipate that Centrus Energy Corp. will post 2.63 earnings per share for the current year.

Centrus Energy 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.