Vanguard Capital Wealth Advisors Takes $220,000 Position 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 bought a new stake in Centrus Energy Corp. (NYSE:LEU - Free Report) in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm bought 1,200 shares of the company's stock, valued at approximately $220,000.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Farther Finance Advisors LLC boosted its position in shares of Centrus Energy by 2,084.6% in the 2nd quarter. Farther Finance Advisors LLC now owns 284 shares of the company's stock worth $52,000 after purchasing an additional 271 shares during the last quarter. Stone House Investment Management LLC bought a new position in Centrus Energy during the first quarter worth about $28,000. State of Wyoming bought a new position in Centrus Energy during the fourth quarter worth about $33,000. Comerica Bank lifted its holdings in Centrus Energy by 589.5% during the first quarter. Comerica Bank now owns 655 shares of the company's stock worth $41,000 after acquiring an additional 560 shares in the last quarter. Finally, KBC Group NV bought a new position in Centrus Energy during the first quarter worth about $53,000. 49.96% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

A number of brokerages have recently commented on LEU. Bank of America restated a "neutral" rating and issued a $285.00 price target (up from $210.00) on shares of Centrus Energy in a report on Thursday, August 7th. B. Riley restated a "buy" rating and issued a $221.00 price target (up from $134.00) on shares of Centrus Energy in a report on Monday, June 23rd. Evercore ISI lifted their target price on Centrus Energy from $251.00 to $252.00 and gave the company an "outperform" rating in a research report on Friday, August 8th. Northland Capmk raised Centrus Energy to a "strong-buy" rating in a research report on Monday, July 7th. Finally, UBS Group upgraded Centrus Energy to a "hold" rating and set a $215.00 price objective for the company in a report on Monday, July 21st. One research analyst has rated the stock with a Strong Buy rating, seven have issued a Buy rating and six have assigned a Hold rating to the company. According to data from MarketBeat.com, the stock has an average rating of "Moderate Buy" and an average target price of $202.09.

Centrus Energy Trading Up 4.0%

Centrus Energy stock traded up $11.73 during trading hours on Monday, reaching $306.22. 1,940,562 shares of the company's stock were exchanged, compared to its average volume of 1,083,003. The company has a quick ratio of 2.46, a current ratio of 2.93 and a debt-to-equity ratio of 3.09. The firm's 50 day simple moving average is $215.39 and its 200 day simple moving average is $145.11. The firm has a market capitalization of $5.58 billion, a PE ratio of 69.44 and a beta of 1.53. Centrus Energy Corp. has a twelve month low of $45.92 and a twelve month high of $312.54.

Centrus Energy (NYSE:LEU - Get Free Report) last issued its earnings results on Tuesday, August 5th. The company reported $1.59 EPS for the quarter, beating the consensus estimate of $0.58 by $1.01. Centrus Energy had a return on equity of 84.09% and a net margin of 16.56%.During the same period in the prior year, the firm posted $1.89 earnings per share. The business's revenue for the quarter was down 18.3% on a year-over-year basis. Research analysts predict 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.