Voloridge Investment Management LLC Boosts Stock Holdings in Centrus Energy Corp. (NYSE:LEU)

Voloridge Investment Management LLC grew its position in shares of Centrus Energy Corp. (NYSE:LEU - Free Report) by 1,300.5% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 235,155 shares of the company's stock after purchasing an additional 218,364 shares during the quarter. Voloridge Investment Management LLC owned approximately 1.43% of Centrus Energy worth $15,664,000 as of its most recent SEC filing.

A number of other hedge funds also recently bought and sold shares of the company. Cape Investment Advisory Inc. bought a new position in shares of Centrus Energy during the fourth quarter valued at about $27,000. PNC Financial Services Group Inc. increased its stake in Centrus Energy by 77.4% in the 4th quarter. PNC Financial Services Group Inc. now owns 440 shares of the company's stock worth $29,000 after purchasing an additional 192 shares during the period. State of Wyoming bought a new stake in Centrus Energy in the fourth quarter valued at approximately $33,000. Altshuler Shaham Ltd purchased a new stake in shares of Centrus Energy during the fourth quarter valued at approximately $49,000. Finally, National Bank of Canada FI bought a new position in shares of Centrus Energy in the fourth quarter worth approximately $51,000. Institutional investors own 49.96% of the company's stock.

Wall Street Analysts Forecast Growth

LEU has been the subject of several analyst reports. Citigroup began coverage on shares of Centrus Energy in a research report on Tuesday, March 4th. They set a "neutral" rating and a $104.00 price target for the company. Craig Hallum initiated coverage on shares of Centrus Energy in a report on Tuesday, April 1st. They set a "buy" rating and a $129.00 target price for the company. William Blair initiated coverage on Centrus Energy in a report on Wednesday. They set an "outperform" rating on the stock. Wall Street Zen upgraded Centrus Energy to a "sell" rating in a report on Monday, February 10th. Finally, HC Wainwright assumed coverage on Centrus Energy in a research report on Tuesday, February 25th. They issued a "buy" rating and a $300.00 price objective 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's stock. According to data from MarketBeat, the company presently has an average rating of "Hold" and an average price target of $143.67.

Insider Transactions at Centrus Energy

In other news, SVP John M. A. Donelson sold 3,732 shares of the stock in a transaction on Tuesday, May 13th. The stock was sold at an average price of $96.31, for a total value of $359,428.92. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Insiders own 1.00% of the company's stock.

Centrus Energy Stock Down 0.1%

Centrus Energy stock traded down $0.12 during trading hours on Wednesday, hitting $127.74. 2,456,306 shares of the stock traded hands, compared to its average volume of 745,840. The company has a market cap of $2.14 billion, a PE ratio of 28.97 and a beta of 1.14. 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 firm's 50-day moving average price is $75.61 and its two-hundred day moving average price is $79.81. Centrus Energy Corp. has a one year low of $33.51 and a one year high of $135.61.

Centrus Energy (NYSE:LEU - Get Free Report) last posted its quarterly earnings data on Wednesday, May 7th. The company reported $1.60 EPS for the quarter, topping 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 last year, the company earned ($0.38) EPS. Centrus Energy's revenue was up 67.3% on a year-over-year basis. On average, research analysts forecast that Centrus Energy Corp. will post 2.63 EPS 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.