LPL Financial LLC grew its stake in Centrus Energy Corp. (NYSE:LEU - Free Report) by 21.4% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 38,211 shares of the company's stock after acquiring an additional 6,744 shares during the quarter. LPL Financial LLC owned 0.23% of Centrus Energy worth $2,545,000 at the end of the most recent quarter.
Other hedge funds and other institutional investors have also bought and sold shares of the company. Barclays PLC boosted its position in shares of Centrus Energy by 103.8% during the third quarter. Barclays PLC now owns 37,588 shares of the company's stock worth $2,061,000 after purchasing an additional 19,140 shares in the last quarter. Geode Capital Management LLC increased its holdings in shares of Centrus Energy by 4.9% in the third quarter. Geode Capital Management LLC now owns 319,935 shares of the company's stock worth $17,552,000 after acquiring an additional 15,080 shares in the last quarter. Legacy Bridge LLC acquired a new stake in shares of Centrus Energy during the fourth quarter worth about $657,000. Exchange Traded Concepts LLC lifted its holdings in shares of Centrus Energy by 290.9% during the 4th quarter. Exchange Traded Concepts LLC now owns 71,040 shares of the company's stock valued at $4,732,000 after purchasing an additional 52,866 shares in the last quarter. Finally, TB Alternative Assets Ltd. bought a new stake in Centrus Energy during the 4th quarter worth approximately $7,907,000. Institutional investors own 49.96% of the company's stock.
Insider Buying and Selling at Centrus Energy
In related news, SVP Larry B. Cutlip sold 4,000 shares of Centrus Energy stock in a transaction dated Wednesday, February 12th. The shares were sold at an average price of $120.31, for a total transaction of $481,240.00. Following the completion of the sale, the senior vice president now owns 9,402 shares of the company's stock, valued at approximately $1,131,154.62. The trade was a 29.85 % decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Insiders own 1.00% of the company's stock.
Centrus Energy Stock Performance
NYSE LEU traded up $2.11 during trading on Friday, reaching $67.26. 441,017 shares of the company's stock were exchanged, compared to its average volume of 674,210. The company has a debt-to-equity ratio of 3.09, a current ratio of 2.93 and a quick ratio of 2.46. Centrus Energy Corp. has a fifty-two week low of $33.51 and a fifty-two week high of $122.95. The business has a 50 day moving average price of $78.11 and a 200-day moving average price of $79.03. The stock has a market capitalization of $1.13 billion, a P/E ratio of 15.25 and a beta of 1.26.
Analyst Upgrades and Downgrades
LEU has been the subject of several research analyst reports. Craig Hallum initiated coverage on shares of Centrus Energy in a report on Tuesday, April 1st. They issued a "buy" rating and a $129.00 price target for the company. HC Wainwright started coverage on Centrus Energy in a research note on Tuesday, February 25th. They issued a "buy" rating and a $300.00 target price on the stock. Citigroup began coverage on shares of Centrus Energy in a report on Tuesday, March 4th. They set a "neutral" rating and a $104.00 target price for the company. Finally, StockNews.com raised Centrus Energy to a "sell" rating in a research report on Monday, February 10th. One equities research analyst has rated the stock with a sell rating, three have assigned a hold rating and three have issued a buy rating to the company. According to data from MarketBeat.com, Centrus Energy has an average rating of "Hold" and an average target price of $143.40.
Check Out Our Latest Stock Report on Centrus Energy
About Centrus Energy
(
Free Report)
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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