Graham Capital Management L.P. Acquires New Stake in Centrus Energy Corp. (NYSE:LEU)

Graham Capital Management L.P. acquired a new stake in shares of Centrus Energy Corp. (NYSE:LEU - Free Report) during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund acquired 8,875 shares of the company's stock, valued at approximately $591,000. Graham Capital Management L.P. owned approximately 0.05% of Centrus Energy at the end of the most recent quarter.

Several other large investors also recently modified their holdings of the stock. JPMorgan Chase & Co. lifted its position in shares of Centrus Energy by 3.0% during the 3rd quarter. JPMorgan Chase & Co. now owns 6,288 shares of the company's stock worth $345,000 after buying an additional 186 shares during the period. PNC Financial Services Group Inc. lifted its position in shares of Centrus Energy by 77.4% during the 4th quarter. PNC Financial Services Group Inc. now owns 440 shares of the company's stock worth $29,000 after buying an additional 192 shares during the period. Old West Investment Management LLC lifted its position in shares of Centrus Energy by 1.9% during the 4th quarter. Old West Investment Management LLC now owns 10,147 shares of the company's stock worth $676,000 after buying an additional 192 shares during the period. Summit Investment Advisors Inc. lifted its position in shares of Centrus Energy by 16.2% during the 4th quarter. Summit Investment Advisors Inc. now owns 1,399 shares of the company's stock worth $93,000 after buying an additional 195 shares during the period. Finally, Cape Investment Advisory Inc. bought a new position in shares of Centrus Energy during the 4th quarter worth approximately $27,000. 49.96% of the stock is currently owned by institutional investors.

Centrus Energy Trading Down 0.6%

NYSE:LEU traded down $0.55 on Monday, hitting $95.20. 466,824 shares of the stock were exchanged, compared to its average volume of 708,684. The stock has a market capitalization of $1.60 billion, a price-to-earnings ratio of 21.59 and a beta of 1.14. Centrus Energy Corp. has a 52 week low of $33.51 and a 52 week high of $122.95. The company has a debt-to-equity ratio of 3.09, a quick ratio of 2.46 and a current ratio of 2.93. The company's 50-day moving average price is $71.42 and its 200 day moving average price is $78.95.

Centrus Energy (NYSE:LEU - Get Free Report) last announced its quarterly earnings data on Wednesday, May 7th. The company reported $1.60 earnings per share for the quarter, topping the consensus estimate of ($0.08) by $1.68. Centrus Energy had a return on equity of 84.09% and a net margin of 16.56%. Centrus Energy's revenue for the quarter was up 67.3% on a year-over-year basis. During the same quarter in the previous year, the company posted ($0.38) earnings per share. On average, equities research analysts forecast that Centrus Energy Corp. will post 2.63 earnings per share for the current year.

Insider Transactions at Centrus Energy

In other news, SVP John M. A. Donelson sold 3,732 shares of the firm's stock in a transaction dated Tuesday, May 13th. The stock was sold at an average price of $96.31, for a total transaction of $359,428.92. The transaction was disclosed in a document filed with the SEC, which is accessible through this link. 1.00% of the stock is owned by corporate insiders.

Analyst Upgrades and Downgrades

LEU has been the subject of several analyst reports. Evercore ISI initiated coverage on Centrus Energy in a research report on Wednesday, May 14th. They set an "outperform" rating and a $145.00 target price for the company. StockNews.com raised Centrus Energy to a "sell" rating in a report on Monday, February 10th. HC Wainwright initiated coverage on Centrus Energy in a report on Tuesday, February 25th. They set a "buy" rating and a $300.00 price target for the company. Citigroup initiated coverage on shares of Centrus Energy in a report on Tuesday, March 4th. They set a "neutral" rating and a $104.00 price objective on the stock. Finally, Craig Hallum assumed coverage on shares of Centrus Energy in a research note on Tuesday, April 1st. They issued a "buy" rating and a $129.00 target price for the company. One research analyst has rated the stock with a sell rating, three have issued a hold rating and four have given a buy rating to the company. According to MarketBeat, Centrus Energy has a consensus rating of "Hold" and a consensus target price of $143.67.

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.