Stifel Financial Corp Boosts Holdings in Centrus Energy Corp. (NYSE:LEU)

Stifel Financial Corp increased its holdings in Centrus Energy Corp. (NYSE:LEU - Free Report) by 35.4% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 28,844 shares of the company's stock after purchasing an additional 7,543 shares during the period. Stifel Financial Corp owned approximately 0.18% of Centrus Energy worth $1,921,000 at the end of the most recent reporting period.

A number of other large investors have also recently bought and sold shares of the business. Vanguard Group Inc. raised 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 worth $64,438,000 after purchasing an additional 71,872 shares in the last quarter. Geode Capital Management LLC grew its stake in shares of Centrus Energy by 1.8% during the fourth quarter. Geode Capital Management LLC now owns 325,603 shares of the company's stock valued at $21,694,000 after purchasing an additional 5,668 shares during the last quarter. Dimensional Fund Advisors LP grew its stake in shares of Centrus Energy by 2.7% during the fourth quarter. Dimensional Fund Advisors LP now owns 320,876 shares of the company's stock valued at $21,375,000 after purchasing an additional 8,539 shares during the last quarter. Reaves W H & Co. Inc. bought a new position in Centrus Energy in the fourth quarter valued at approximately $15,215,000. Finally, Charles Schwab Investment Management Inc. boosted its stake in Centrus Energy by 5.9% in the fourth quarter. Charles Schwab Investment Management Inc. now owns 121,392 shares of the company's stock valued at $8,086,000 after acquiring an additional 6,709 shares during the last quarter. 49.96% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

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

Insider Buying and Selling

In other news, SVP Larry B. Cutlip sold 4,000 shares of the company's stock in a transaction on Wednesday, February 12th. The shares were sold at an average price of $120.31, for a total value of $481,240.00. Following the sale, the senior vice president now directly owns 9,402 shares of the company's stock, valued at approximately $1,131,154.62. This represents a 29.85% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. 1.00% of the stock is owned by corporate insiders.

Centrus Energy Stock Performance

NYSE LEU traded up $5.14 during trading on Friday, reaching $93.60. The company's stock had a trading volume of 1,265,745 shares, compared to its average volume of 694,790. 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 capitalization of $1.57 billion, a price-to-earnings ratio of 21.22 and a beta of 1.14. Centrus Energy Corp. has a 12 month low of $33.51 and a 12 month high of $122.95. The firm has a 50 day moving average price of $69.74 and a 200 day moving average price of $79.04.

Centrus Energy (NYSE:LEU - Get Free Report) last issued its earnings results on Wednesday, May 7th. The company reported $1.60 EPS for the quarter, beating the consensus estimate of ($0.08) by $1.68. Centrus Energy had a net margin of 16.56% and a return on equity of 84.09%. The firm's quarterly revenue was up 67.3% compared to the same quarter last year. During the same period in the previous year, the firm posted ($0.38) earnings per share. As a group, equities analysts anticipate that Centrus Energy Corp. will post 2.63 EPS for the current fiscal year.

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.