222,500 Shares in Centrus Energy Corp. (NYSE:LEU) Bought by Soros Fund Management LLC

Soros Fund Management LLC 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 and Exchange Commission (SEC). The fund acquired 222,500 shares of the company's stock, valued at approximately $14,821,000. Soros Fund Management LLC owned approximately 1.36% of Centrus Energy as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds also recently bought and sold shares of the business. Wellington Management Group LLP acquired a new position in Centrus Energy during the 4th quarter worth about $3,474,000. Barclays PLC grew its stake in shares of Centrus Energy by 103.8% during the third quarter. Barclays PLC now owns 37,588 shares of the company's stock valued at $2,061,000 after purchasing an additional 19,140 shares during 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 valued at $17,552,000 after purchasing an additional 15,080 shares in the last quarter. Legacy Bridge LLC bought a new position in Centrus Energy in the 4th quarter worth approximately $657,000. Finally, Exchange Traded Concepts LLC lifted its holdings in Centrus Energy by 290.9% during the 4th quarter. Exchange Traded Concepts LLC now owns 71,040 shares of the company's stock worth $4,732,000 after buying an additional 52,866 shares in the last quarter. Institutional investors and hedge funds own 49.96% of the company's stock.

Centrus Energy Trading Up 3.3 %

Shares of NYSE:LEU traded up $2.33 during mid-day trading on Friday, reaching $73.42. The stock had a trading volume of 341,698 shares, compared to its average volume of 682,000. Centrus Energy Corp. has a twelve month low of $33.51 and a twelve month high of $122.95. 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 firm has a market cap of $1.23 billion, a PE ratio of 16.65 and a beta of 1.26. The firm has a 50 day simple moving average of $70.65 and a two-hundred day simple moving average of $79.48.

Insider Activity

In other Centrus Energy news, SVP Larry B. Cutlip sold 4,000 shares of the business's 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 transaction, the senior vice president now directly 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 ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. 1.00% of the stock is owned by company insiders.

Analysts Set New Price Targets

A number of research firms have recently weighed in on LEU. Citigroup initiated coverage on Centrus Energy in a research report on Tuesday, March 4th. They set a "neutral" rating and a $104.00 target price for the company. HC Wainwright started coverage on shares of Centrus Energy in a research report on Tuesday, February 25th. They set a "buy" rating and a $300.00 target price on the stock. Craig Hallum assumed coverage on shares of Centrus Energy in a research report on Tuesday, April 1st. They set a "buy" rating and a $129.00 price target for the company. Finally, StockNews.com upgraded shares of Centrus Energy to a "sell" rating in a report on Monday, February 10th. One 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 currently has a consensus rating of "Hold" and a consensus target price of $143.40.

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.