Centrus Energy (NYSE:LEU) Rating Increased to Hold at StockNews.com

Centrus Energy (NYSE:LEU) was upgraded by analysts at StockNews.com from a “sell” rating to a “hold” rating in a research note issued on Tuesday.

LEU has been the subject of a number of other research reports. B. Riley reiterated a “buy” rating and set a $72.00 price target on shares of Centrus Energy in a report on Tuesday, February 13th. TheStreet upgraded shares of Centrus Energy from a “d-” rating to a “c” rating in a report on Friday, February 9th.

Centrus Energy Stock Up 3.4 %

NYSE LEU opened at $42.98 on Tuesday. The business has a 50 day moving average price of $41.55 and a two-hundred day moving average price of $47.97. The stock has a market cap of $673.93 million, a PE ratio of 7.96 and a beta of 1.39. Centrus Energy has a fifty-two week low of $24.88 and a fifty-two week high of $61.35. The company has a quick ratio of 0.80, a current ratio of 1.45 and a debt-to-equity ratio of 4.73.

Centrus Energy (NYSE:LEU) last posted its 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 during the quarter, compared to analysts’ expectations of $61.05 million. As a group, sell-side analysts predict that Centrus Energy will post 2.71 EPS for the current fiscal year.

Insider Buying and Selling

In other Centrus Energy news, SVP John M. A. Donelson sold 16,073 shares of the stock in a transaction that occurred on Monday, February 26th. The stock was sold at an average price of $40.24, for a total value of $646,777.52. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. 6.40% of the stock is owned by corporate insiders.

Institutional Inflows and Outflows

Large investors have recently added to or reduced their stakes in the stock. Mirae Asset Global Investments Co. Ltd. grew its position in Centrus Energy by 6.7% during the 4th quarter. Mirae Asset Global Investments Co. Ltd. now owns 761,229 shares of the company’s stock worth $41,418,000 after acquiring an additional 47,789 shares during the last quarter. Charles Schwab Investment Management Inc. lifted its holdings in shares of Centrus Energy by 189.4% during the third quarter. Charles Schwab Investment Management Inc. now owns 98,438 shares of the company’s stock valued at $5,587,000 after purchasing an additional 64,421 shares during the last quarter. MRP Capital Investments LLC increased its holdings in shares of Centrus Energy by 141.1% during the third quarter. MRP Capital Investments LLC now owns 42,820 shares of the company’s stock valued at $2,430,000 after acquiring an additional 25,060 shares in the last quarter. Los Angeles Capital Management LLC bought a new stake in shares of Centrus Energy during the third quarter valued at approximately $2,448,000. Finally, Swiss National Bank increased its holdings in Centrus Energy by 7.0% in the 3rd quarter. Swiss National Bank now owns 27,600 shares of the company’s stock worth $1,567,000 after buying an additional 1,800 shares in the last quarter. Institutional investors own 49.96% of the company’s stock.

About Centrus Energy

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.