Renaissance Technologies LLC Has $5.82 Million Stock Holdings in Centrus Energy Corp. (NYSE:LEU)

Renaissance Technologies LLC increased its holdings in shares of Centrus Energy Corp. (NYSE:LEU - Free Report) by 25.7% during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 87,400 shares of the company's stock after acquiring an additional 17,849 shares during the period. Renaissance Technologies LLC owned about 0.53% of Centrus Energy worth $5,822,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in LEU. Reaves W H & Co. Inc. acquired a new stake in Centrus Energy during the fourth quarter valued at approximately $15,215,000. TB Alternative Assets Ltd. acquired a new stake in Centrus Energy in the 4th quarter valued at $7,907,000. Vanguard Group Inc. grew its position in Centrus Energy by 8.0% in the fourth quarter. Vanguard Group Inc. now owns 967,393 shares of the company's stock valued at $64,438,000 after acquiring an additional 71,872 shares during the period. Exchange Traded Concepts LLC raised its stake in Centrus Energy by 290.9% during the fourth quarter. Exchange Traded Concepts LLC now owns 71,040 shares of the company's stock worth $4,732,000 after acquiring an additional 52,866 shares in the last quarter. Finally, Wellington Management Group LLP bought a new position in shares of Centrus Energy during the fourth quarter valued at $3,474,000. Institutional investors own 49.96% of the company's stock.

Analyst Upgrades and Downgrades

Several research firms have recently weighed in on LEU. StockNews.com raised shares of Centrus Energy to a "sell" rating in a report on Monday, February 10th. Citigroup started coverage on shares of Centrus Energy in a report on Tuesday, March 4th. They set a "neutral" rating and a $104.00 price objective for the company. HC Wainwright assumed coverage on Centrus Energy in a report on Tuesday, February 25th. They issued a "buy" rating and a $300.00 target price on the stock. Finally, Craig Hallum started coverage on Centrus Energy in a report on Tuesday, April 1st. They set a "buy" rating and a $129.00 price target for the company. One equities research analyst has rated the stock with a sell rating, three have issued a hold rating and three have issued a buy rating to the company's stock. According to MarketBeat.com, the company presently has an average rating of "Hold" and an average target price of $143.40.

Centrus Energy Price Performance

Shares of Centrus Energy stock traded up $1.06 during midday trading on Thursday, reaching $68.33. The company had a trading volume of 107,013 shares, compared to its average volume of 675,348. 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 stock has a fifty day simple moving average of $75.01 and a 200 day simple moving average of $79.02. Centrus Energy Corp. has a 1-year low of $33.51 and a 1-year high of $122.95. The company has a market capitalization of $1.15 billion, a price-to-earnings ratio of 15.49 and a beta of 1.26.

Insider Transactions 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 stock was sold at an average price of $120.31, for a total value of $481,240.00. Following the completion of the sale, the senior vice president now directly owns 9,402 shares in the company, valued at $1,131,154.62. This trade represents a 29.85 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. 1.00% of the stock is currently owned by corporate insiders.

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.