Scotia Capital Inc. acquired a new position in Centrus Energy Corp. (NYSE:LEU - Free Report) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm acquired 8,752 shares of the company's stock, valued at approximately $583,000. Scotia Capital Inc. owned about 0.05% of Centrus Energy at the end of the most recent quarter.
Several other large investors also recently added to or reduced their stakes in LEU. JPMorgan Chase & Co. boosted its stake 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 acquiring an additional 186 shares during the last quarter. PNC Financial Services Group Inc. raised its holdings in Centrus Energy by 77.4% in the 4th quarter. PNC Financial Services Group Inc. now owns 440 shares of the company's stock worth $29,000 after purchasing an additional 192 shares during the period. Old West Investment Management LLC raised its holdings in Centrus Energy by 1.9% in the 4th quarter. Old West Investment Management LLC now owns 10,147 shares of the company's stock worth $676,000 after purchasing an additional 192 shares during the period. Cape Investment Advisory Inc. purchased a new position in Centrus Energy during the fourth quarter valued at $27,000. Finally, MRP Capital Investments LLC grew its holdings in Centrus Energy by 14.3% during the fourth quarter. MRP Capital Investments LLC now owns 3,795 shares of the company's stock valued at $253,000 after purchasing an additional 475 shares during the period. 49.96% of the stock is currently owned by institutional investors.
Centrus Energy Price Performance
LEU stock traded up $2.11 during mid-day trading on Friday, hitting $67.26. The company had a trading volume of 441,017 shares, compared to its average volume of 676,534. The company has a 50-day moving average price of $78.11 and a 200 day moving average price of $79.24. Centrus Energy Corp. has a 12-month low of $33.51 and a 12-month high of $122.95. The company has a market capitalization of $1.13 billion, a price-to-earnings ratio of 15.25 and a beta of 1.26. The company has a quick ratio of 2.46, a current ratio of 2.93 and a debt-to-equity ratio of 3.09.
Analyst Ratings Changes
A number of research firms have recently weighed in on LEU. Citigroup started coverage on Centrus Energy in a research report on Tuesday, March 4th. They set a "neutral" rating and a $104.00 price objective on the stock. Craig Hallum began coverage on shares of Centrus Energy in a report on Tuesday, April 1st. They set a "buy" rating and a $129.00 price target on the stock. HC Wainwright assumed coverage on shares of Centrus Energy in a research note on Tuesday, February 25th. They issued a "buy" rating and a $300.00 price objective for the company. Finally, StockNews.com upgraded shares of Centrus Energy to a "sell" rating in a research note on Monday, February 10th. One investment analyst has rated the stock with a sell rating, three have issued a hold rating and three have assigned a buy rating to the company. According to data from MarketBeat, the stock has an average rating of "Hold" and a consensus price target of $143.40.
Read Our Latest Stock Analysis on Centrus Energy
Insider Transactions at Centrus Energy
In other Centrus Energy news, SVP Larry B. Cutlip sold 4,000 shares of the stock in a transaction on 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 transaction, the senior vice president now 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 transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Insiders own 1.00% of the company's stock.
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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