Centrus Energy Corp. (NYSEAMERICAN:LEU) Holdings Raised by SG Americas Securities LLC

Posted by Defense World Staff on May 15th, 2023

SG Americas Securities LLC grew its position in Centrus Energy Corp. (NYSEAMERICAN:LEU – Get Rating) by 25.4% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 4,365 shares of the basic materials company’s stock after acquiring an additional 884 shares during the quarter. SG Americas Securities LLC’s holdings in Centrus Energy were worth $142,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors have also made changes to their positions in LEU. Cubist Systematic Strategies LLC bought a new stake in shares of Centrus Energy in the 2nd quarter valued at approximately $47,000. BNP Paribas Arbitrage SA grew its stake in Centrus Energy by 60.9% during the 2nd quarter. BNP Paribas Arbitrage SA now owns 3,130 shares of the basic materials company’s stock worth $77,000 after buying an additional 1,185 shares during the last quarter. Evermay Wealth Management LLC bought a new position in Centrus Energy during the 4th quarter worth $81,000. JPMorgan Chase & Co. grew its stake in Centrus Energy by 24.9% during the 2nd quarter. JPMorgan Chase & Co. now owns 5,741 shares of the basic materials company’s stock worth $142,000 after buying an additional 1,143 shares during the last quarter. Finally, MetLife Investment Management LLC grew its stake in Centrus Energy by 57.0% during the 1st quarter. MetLife Investment Management LLC now owns 5,454 shares of the basic materials company’s stock worth $184,000 after buying an additional 1,980 shares during the last quarter. 32.29% of the stock is currently owned by institutional investors.

Centrus Energy Stock Up 0.1 %

Shares of LEU stock opened at $30.71 on Monday. Centrus Energy Corp. has a 1 year low of $19.37 and a 1 year high of $55.59. The stock’s fifty day simple moving average is $36.68. The firm has a market cap of $449.59 million, a price-to-earnings ratio of 9.09 and a beta of 2.03.

Centrus Energy (NYSEAMERICAN:LEU – Get Rating) last announced its quarterly earnings data on Tuesday, February 21st. The basic materials company reported $1.42 earnings per share for the quarter, beating the consensus estimate of $1.39 by $0.03. The business had revenue of $126.20 million during the quarter, compared to analyst estimates of $106.50 million. Centrus Energy had a negative return on equity of 68.29% and a net margin of 18.38%. As a group, analysts predict that Centrus Energy Corp. will post 2.45 EPS for the current year.

Insider Activity at Centrus Energy

In other Centrus Energy news, SVP Dennis John Scott sold 12,505 shares of the company’s stock in a transaction dated Monday, April 3rd. The stock was sold at an average price of $32.29, for a total value of $403,786.45. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. In other news, SVP Dennis John Scott sold 12,505 shares of the company’s stock in a transaction dated Monday, April 3rd. The stock was sold at an average price of $32.29, for a total transaction of $403,786.45. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Also, major shareholder Morris Bawabeh purchased 25,000 shares of the firm’s stock in a transaction dated Thursday, March 16th. The shares were bought at an average price of $33.11 per share, with a total value of $827,750.00. Following the purchase, the insider now owns 1,627,776 shares in the company, valued at approximately $53,895,663.36. The disclosure for this purchase can be found here. 10.28% of the stock is owned by insiders.

Analyst Upgrades and Downgrades

Separately, StockNews.com lowered Centrus Energy from a “hold” rating to a “sell” rating in a research report on Friday.

Centrus Energy Company Profile

(Get Rating)

Centrus Energy Corp. engages in the supply of nuclear fuel and services for the nuclear power industry. It operates through the following segments: Low-enriched Uranium (LEU) and Technical Solutions. The LEU segment includes various components of nuclear fuel to utilities from its global network of suppliers.