Centrus Energy Corp. (NYSE:LEU) Shares Bought by Vontobel Holding Ltd.

Vontobel Holding Ltd. grew its position in shares of Centrus Energy Corp. (NYSE:LEU) by 10.4% in the 4th quarter, HoldingsChannel.com reports. The fund owned 6,046 shares of the company’s stock after purchasing an additional 569 shares during the quarter. Vontobel Holding Ltd.’s holdings in Centrus Energy were worth $329,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors also recently modified their holdings of LEU. Spire Wealth Management acquired a new position in shares of Centrus Energy during the third quarter valued at $29,000. Arizona State Retirement System acquired a new position in shares of Centrus Energy during the third quarter valued at $203,000. Heritage Investors Management Corp acquired a new position in shares of Centrus Energy during the third quarter valued at $210,000. Corton Capital Inc. acquired a new stake in Centrus Energy in the third quarter worth about $232,000. Finally, Weil Company Inc. acquired a new stake in Centrus Energy in the third quarter worth about $247,000. Institutional investors and hedge funds own 49.96% of the company’s stock.

Centrus Energy Price Performance

Shares of Centrus Energy stock opened at $41.99 on Wednesday. The company has a current ratio of 1.45, a quick ratio of 0.80 and a debt-to-equity ratio of 4.73. The company’s 50-day moving average price is $41.79 and its two-hundred day moving average price is $48.30. Centrus Energy Corp. has a 52 week low of $24.88 and a 52 week high of $61.35. The stock has a market cap of $658.40 million, a PE ratio of 7.78 and a beta of 1.39.

Centrus Energy (NYSE:LEU) last issued its quarterly earnings results on Thursday, February 8th. The company reported $3.58 EPS for the quarter, topping the consensus estimate of $0.78 by $2.80. Centrus Energy had a net margin of 26.36% and a negative return on equity of 491.41%. The firm had revenue of $103.60 million for the quarter, compared to analysts’ expectations of $61.05 million. As a group, sell-side analysts anticipate that Centrus Energy Corp. will post 2.71 EPS for the current fiscal year.

Analysts Set New Price Targets

Several research firms recently weighed in on LEU. TheStreet raised shares of Centrus Energy from a “d-” rating to a “c” rating in a report on Friday, February 9th. StockNews.com raised shares of Centrus Energy from a “sell” rating to a “hold” rating in a report on Friday, April 19th. Finally, B. Riley reaffirmed a “buy” rating and issued a $72.00 price objective on shares of Centrus Energy in a report on Tuesday, February 13th.

Insiders Place Their Bets

In other Centrus Energy news, SVP John M. A. Donelson sold 16,073 shares of the business’s stock in a transaction dated Monday, February 26th. The shares were sold at an average price of $40.24, for a total value of $646,777.52. The sale was disclosed in a legal filing with the SEC, which is available through the SEC website. 6.40% of the stock is owned by company insiders.

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.