Vontobel Holding Ltd. Sells 4,072 Shares of Centrus Energy Corp. (NYSE:LEU)

Vontobel Holding Ltd. decreased its holdings in shares of Centrus Energy Corp. (NYSE:LEU - Free Report) by 41.0% during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 5,850 shares of the company's stock after selling 4,072 shares during the period. Vontobel Holding Ltd.'s holdings in Centrus Energy were worth $364,000 as of its most recent SEC filing.

Several other institutional investors have also recently bought and sold shares of the business. KBC Group NV acquired a new position in Centrus Energy during the first quarter worth $53,000. Canton Hathaway LLC raised its holdings in Centrus Energy by 54.8% during the first quarter. Canton Hathaway LLC now owns 3,730 shares of the company's stock worth $232,000 after buying an additional 1,320 shares during the last quarter. BayBridge Capital Group LLC acquired a new position in Centrus Energy during the first quarter worth $299,000. Wealth Enhancement Advisory Services LLC raised its holdings in Centrus Energy by 380.9% during the first quarter. Wealth Enhancement Advisory Services LLC now owns 6,449 shares of the company's stock worth $401,000 after buying an additional 5,108 shares during the last quarter. Finally, TB Alternative Assets Ltd. raised its holdings in Centrus Energy by 22.0% during the first quarter. TB Alternative Assets Ltd. now owns 144,874 shares of the company's stock worth $9,013,000 after buying an additional 26,171 shares during the last quarter. Institutional investors and hedge funds own 49.96% of the company's stock.

Analyst Ratings Changes

LEU has been the subject of several analyst reports. William Blair initiated coverage on shares of Centrus Energy in a report on Wednesday, May 28th. They issued an "outperform" rating for the company. Craig Hallum assumed coverage on shares of Centrus Energy in a report on Tuesday, April 1st. They issued a "buy" rating and a $129.00 target price for the company. Bank of America initiated coverage on shares of Centrus Energy in a report on Wednesday, June 4th. They set a "buy" rating and a $160.00 price objective for the company. Northland Securities initiated coverage on shares of Centrus Energy in a research report on Monday. They set an "outperform" rating and a $205.00 target price for the company. Finally, B. Riley reiterated a "buy" rating and set a $221.00 target price (up previously from $134.00) on shares of Centrus Energy in a research report on Monday, June 23rd. One analyst has rated the stock with a sell rating, four have issued a hold rating and seven have assigned a buy rating to the company. According to MarketBeat.com, the stock has an average rating of "Moderate Buy" and a consensus price target of $170.00.

Insider Activity at Centrus Energy

In other Centrus Energy news, CFO Kevin J. Harrill sold 1,728 shares of Centrus Energy stock in a transaction that occurred on Friday, May 30th. The shares were sold at an average price of $126.00, for a total transaction of $217,728.00. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, SVP John M. A. Donelson sold 3,732 shares of Centrus Energy stock in a transaction that occurred on 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. Insiders own 1.00% of the company's stock.

Centrus Energy Trading Up 4.6%

Shares of Centrus Energy stock opened at $183.65 on Tuesday. Centrus Energy Corp. has a 1 year low of $33.51 and a 1 year high of $211.31. The firm has a market cap of $3.13 billion, a PE ratio of 41.64 and a beta of 1.45. The company has a debt-to-equity ratio of 3.09, a current ratio of 2.93 and a quick ratio of 2.46. The company has a 50 day simple moving average of $129.49 and a two-hundred day simple moving average of $96.07.

Centrus Energy (NYSE:LEU - Get Free Report) last announced its earnings results on Wednesday, May 7th. The company reported $1.60 earnings per share (EPS) for the quarter, beating 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 firm earned ($0.38) earnings per share. The company's revenue for the quarter was up 67.3% on a year-over-year basis. Analysts expect that Centrus Energy Corp. will post 2.63 earnings per share for the current fiscal year.

About Centrus Energy

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.

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