Centrus Energy Corp. (NYSE:LEU) Shares Sold by Los Angeles Capital Management LLC

Los Angeles Capital Management LLC cut its position in shares of Centrus Energy Corp. (NYSE:LEU - Free Report) by 51.0% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 21,150 shares of the company's stock after selling 21,978 shares during the period. Los Angeles Capital Management LLC owned approximately 0.14% of Centrus Energy worth $1,151,000 at the end of the most recent quarter.

Several other hedge funds also recently added to or reduced their stakes in the company. Spire Wealth Management bought a new position in Centrus Energy in the 3rd quarter worth about $29,000. Arizona State Retirement System bought a new position in Centrus Energy in the third quarter worth approximately $203,000. Heritage Investors Management Corp purchased a new position in Centrus Energy during the 3rd quarter worth $210,000. Corton Capital Inc. bought a new stake in Centrus Energy during the 3rd quarter valued at $232,000. Finally, Weil Company Inc. purchased a new stake in shares of Centrus Energy in the 3rd quarter worth $247,000. 49.96% of the stock is currently owned by institutional investors.

Centrus Energy Stock Up 4.4 %

LEU stock traded up $1.84 during trading on Thursday, reaching $43.97. 271,514 shares of the company traded hands, compared to its average volume of 196,688. The business has a 50 day simple moving average of $41.97 and a 200 day simple moving average of $47.55. Centrus Energy Corp. has a 12 month low of $24.88 and a 12 month high of $61.35. The company has a debt-to-equity ratio of 4.73, a quick ratio of 0.80 and a current ratio of 1.45. The company has a market capitalization of $689.45 million, a price-to-earnings ratio of 8.14 and a beta of 1.36.

Centrus Energy (NYSE:LEU - Get Free Report) last released its quarterly earnings results on Thursday, February 8th. The company reported $3.58 EPS for the quarter, beating the consensus estimate of $0.78 by $2.80. Centrus Energy had a net margin of 26.36% and a negative return on equity of 491.41%. The business had revenue of $103.60 million during the quarter, compared to analyst estimates of $61.05 million. On average, equities research analysts anticipate that Centrus Energy Corp. will post 2.71 earnings per share for the current fiscal year.

Insider Buying and Selling

In other Centrus Energy news, SVP John M. A. Donelson sold 16,073 shares of the firm's stock in a transaction that occurred on Monday, February 26th. The shares were sold at an average price of $40.24, for a total value of $646,777.52. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. 6.40% of the stock is currently owned by company insiders.

Wall Street Analysts Forecast Growth

LEU has been the topic of several research reports. TheStreet upgraded Centrus Energy from a "d-" rating to a "c" rating in a research note on Friday, February 9th. Roth Mkm reduced their price target on shares of Centrus Energy from $65.00 to $62.00 and set a "buy" rating for the company in a report on Thursday. B. Riley reaffirmed a "buy" rating and issued a $72.00 price target on shares of Centrus Energy in a research report on Tuesday, February 13th. Finally, StockNews.com raised shares of Centrus Energy from a "sell" rating to a "hold" rating in a report on Tuesday, April 30th.

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.