Vanguard Capital Wealth Advisors Makes New $220,000 Investment in Centrus Energy Corp. $LEU

Key Points

• Vanguard Capital Wealth Advisors invested approximately $220,000 in Centrus Energy Corp, acquiring 1,200 shares during the 2nd quarter.
• Analysts have largely rated Centrus Energy as a Moderate Buy, with a consensus price target of approximately $202.09, reflecting optimistic growth expectations.
• Centrus Energy's shares recently experienced a notable increase, trading up 12.1%, and the company reported $1.59 earnings per share, surpassing analysts' estimates.

Vanguard Capital Wealth Advisors acquired a new stake in shares of Centrus Energy Corp. (NYSE:LEU - Free Report) in the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor acquired 1,200 shares of the company's stock, valued at approximately $220,000.

A number of other large investors have also made changes to their positions in LEU. Stone House Investment Management LLC acquired a new position in shares of Centrus Energy during the first quarter valued at about $28,000. State of Wyoming acquired a new position in shares of Centrus Energy during the fourth quarter valued at about $33,000. Comerica Bank raised its position in shares of Centrus Energy by 589.5% during the first quarter. Comerica Bank now owns 655 shares of the company's stock valued at $41,000 after buying an additional 560 shares during the last quarter. Farther Finance Advisors LLC raised its position in shares of Centrus Energy by 2,084.6% during the second quarter. Farther Finance Advisors LLC now owns 284 shares of the company's stock valued at $52,000 after buying an additional 271 shares during the last quarter. Finally, KBC Group NV acquired a new position in shares of Centrus Energy during the first quarter valued at about $53,000. Institutional investors and hedge funds own 49.96% of the company's stock.

Centrus Energy Trading Down 1.1%

NYSE LEU traded down $3.37 during trading hours on Tuesday, hitting $302.86. The company's stock had a trading volume of 1,080,310 shares, compared to its average volume of 1,082,858. The stock has a fifty day moving average of $217.19 and a 200 day moving average of $146.70. Centrus Energy Corp. has a twelve month low of $49.40 and a twelve month high of $312.54. The firm has a market capitalization of $5.51 billion, a P/E ratio of 68.70 and a beta of 1.53. 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 (NYSE:LEU - Get Free Report) last announced its quarterly earnings data on Tuesday, August 5th. The company reported $1.59 earnings per share for the quarter, beating the consensus estimate of $0.58 by $1.01. Centrus Energy had a net margin of 16.56% and a return on equity of 84.09%. Centrus Energy's revenue for the quarter was down 18.3% on a year-over-year basis. During the same period last year, the company earned $1.89 EPS. Equities research analysts forecast that Centrus Energy Corp. will post 2.63 earnings per share for the current fiscal year.

Analysts Set New Price Targets

A number of research analysts have recently commented on the stock. B. Riley reaffirmed a "buy" rating and set a $221.00 price objective (up previously from $134.00) on shares of Centrus Energy in a research report on Monday, June 23rd. UBS Group raised shares of Centrus Energy to a "hold" rating and set a $215.00 price objective for the company in a research report on Monday, July 21st. Northland Securities set a $275.00 target price on shares of Centrus Energy in a research note on Thursday, August 7th. Bank of America reissued a "neutral" rating and issued a $285.00 target price (up previously from $210.00) on shares of Centrus Energy in a research note on Thursday, August 7th. Finally, JPMorgan Chase & Co. upped their target price on shares of Centrus Energy from $150.00 to $164.00 and gave the company a "neutral" rating in a research note on Thursday, August 7th. One equities research analyst has rated the stock with a Strong Buy rating, seven have given a Buy rating and six have assigned a Hold rating to the stock. According to MarketBeat.com, the stock has an average rating of "Moderate Buy" and a consensus target price of $202.09.

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.